According to statistics, there are 5 rainy days a year in Dubai. They usually occur in January-February and bring about 100 mm of precipitation. However, global climate changes and unforeseen cyclones can interfere with the overall indicators and make their adjustments. This is what happened on April 15-16, 2024 – in one of the driest areas of the world.
Throughout last year, there was a boom in the real estate market in Dubai and the entire United Arab Emirates (UAE). The rise is easy to follow by the numbers: in 2019, just over 36,000 real estate transactions were concluded in the emirate, in 2021 – 54,000, and 2022 – 86,000. The total amount of transactions amounted to $56.5 billion, which is 80% higher than the same figure in 2021.
The Prophet Muhammad is known to have owned several fast camels, the most famous of which was Kaswa.
We present to you the latest list of reliable developers in Dubai. These are leading companies in the market, whose projects have won awards and attracted the attention of leading investors.
News on Investments in EdTech Startups in the Past Week. We’ll tell you how to increase the volume of attracted investments.
The construction of Palm Jumeirah marked one of Dubai’s initial steps toward global recognition. The Crown Prince of Dubai, Sheikh Mohammed, pledged to create an artificial archipelago resembling a palm tree with 17 fronds by 2006. He aimed to transform the emirate into a premier tourist destination and luxury resort.
Dubai, one of the most developed cities in the United Arab Emirates, offers exciting opportunities for expatriates who own property in the region. Owning a property in Dubai provides not only economic benefits but also the full right to live in this dynamic and cosmopolitan city.
A steady flow of wealthy clients ensures high demand for real estate in Dubai, especially in the prestigious segment. The reasons for Dubai’s attractiveness are numerous. Firstly, the country is the world’s largest transport hub for global imports and exports, from Europe to Asia. The ideal location in the region ensures efficient and profitable planning of logistics flows. You can cross two-thirds of the planet in eight hours by plane from the Emirates, and the country has some of the busiest shipping and airports in the world.
Doing business in the East requires a revision of ideas about time. The average Arab “minute” is 80 seconds, which is three times the European perception of time. Tasks that seem doable in a month in the West may require two or even three months in the East. Flexibility and patience become key success factors.
In recent years, Dubai’s real estate market has witnessed significant development, setting remarkable records that have given rise to both positive and negative myths.
Emaar Properties is one of the largest property developers in Dubai and one of the most recognized brands in the real estate industry. The company was founded in 1997 by the owner of the Emirates Corporation Dubai Holdings, Mohamed Alabbar. Since then, Emaar has become an iconic symbol of Dubai’s ambitions to develop the city into an international hub for business and tourism activities.
The Dubai residential real estate market has set a sales record in 2022. Contrary to popular belief, not only because of the influx of Russian money. Investors from Western Europe and Asian countries showed high interest. And new promising projects are appearing in Dubai – in particular, the Damac Harbor Lights skyscraper.
What it feels like to vacation in a rental property on The Palm. In your own villa with eight rooms, three-and-a-half-meter high ceilings, and a view of Burj al-Arab to the left on the horizon.
What kind of sea in the UAE interests everyone who goes on vacation to this country? It is located on the Arabian Peninsula, in a northeast direction.
Amusement parks are a popular way to diversify a beach holiday in Dubai. The UAE is a country where everything is organized to the highest standard and places for entertainment are no exception.
It was officially opened during the month of Ramadan in 2007. This is not only a place of worship and education for Muslims, but also a popular tourist destination that welcomes all.
The UAE is a favorite place for tourists to visit. In addition to the fact that it is very beautiful and everything is literally saturated with the smell of money, the place offers wonderful resorts for vacationers.
When planning a trip to Dubai, it’s worth thinking about how you’ll travel from one place in the city to another. It is known that the emirate of Dubai is not very developed in terms of walking, moreover, the city is very hot, so the best way to get around is by taxi.
In the last article, we talked about the facts of biography, as well as about the first wanderings of Ibn Battuta. After exploring East Africa and the port cities, history continued to move forward.
In this article, we will talk about one of the greatest Arab travelers of the 12th century, who can easily be called the “Arab Christopher Columbus.”
The official state language in the Emirates is Arabic. All documents are written in modern Arabic, negotiations are conducted and information is reported to local media.
Dubai today is one of the largest cities in the United Arab Emirates. In addition, Dubai is the UAE’s most important commercial and financial center, with an administrative center and deep sea port.
In this article, we will talk about people who live and work in the United Arab Emirates. About those with whom you will definitely have to talk on vacation because it is they who stand behind the reception desk in hotels, go to tourist buses and taxis, and conduct tours.
Luxury is the most capacious definition that comes to mind when you need to describe Dubai in one word. Well, oriental luxury. Modern Dubai villas and palaces are built and maintained with the latest technology and only look like traditional fairy-tale houses from Aladdin’s Lamp or mansions from Victorian novels.
Minimal taxes, quick payback, 5% per annum yield, great infrastructure, and high level – everything you can get for your investments in the UAE hotel business.
Renting an elite villa in Dubai can cost $50,000 per day, while purchasing can cost more than $100 million. Let’s try to analyze the situation with prices in the UAE.
Today, the UAE stands as one of the most economically and politically stable regions globally, attracting significant investments, particularly in the real estate sector. Among the emirates, Dubai, renowned for its success and openness, has emerged as the primary point of attraction. Year after year, Dubai strengthens its position as the main business and tourist hub of the UAE. The real estate sector plays a vital role, constituting approximately a third of Dubai’s economy, and it has experienced an impressive quadrupling in market size over the past two years alone.
The year 2022 showed positive momentum in property price growth and rental prices in Dubai. Last year, residential rentals and transactions in the emirate hit record highs amid high demand for property from investors around the world. Dubai is a popular destination for property acquisition due to its exceptional security, business-friendly environment, diverse investment opportunities, and much more
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A beautiful hotel on Yas Island in Abu Dhabi is the Yas Island Rotana. Furthermore, it is known for its good price/performance ratio. This means that if there is no Formula One car race taking place there, you can stay overnight very cheaply in the capital of the United Arab Emirates. It’s a four-star superior hotel, but it would certainly have gotten five stars in other countries. As is well known, the hotel standard in Abu Dhabi is very high.
