News on Investments in EdTech Startups in the Past Week. We’ll tell you how to increase the volume of attracted investments.
The real estate rental market in the UAE is breaking records year after year and has grown by tens of percent in 2023. The momentum will continue this year as the Emirates confirms its reputation as a global business hub. This factor, as well as tax preferences and quality of life, attract wealthy people around the world here, which increases the demand for real estate and rental rates.
Designed by the renowned Spanish architect Santiago Calatrava, known for his innovative designs, the Dubai Creek Tower represents a fusion of modern technology and aesthetic beauty. Its architectural concept, inspired by nature, captures the elegance of a blooming lily flower.
Dubai is not the lifeless desert it was once thought to be! The Emirates have debunked the stereotype that their land is uninhabitable. They have built the world’s tallest building on shifting sands and created oases of greenery, defying nature. The desert has transformed into a Garden of Eden, and here are the five greenest and most environmentally friendly areas of Dubai, where living is comfortable even at +40 degrees.
Purchasing real estate abroad as one of the investment options is a fairly popular way of investing all over the world. Let’s take a look at the benefits of buying property in Dubai – land near the Persian Gulf.
The liquidity of a real estate property refers to its ability to be quickly sold without significant losses in the original cost.
One method to secure a residence permit in the United Arab Emirates (UAE) and attain tax residency is by either establishing a new business or acquiring an existing company. The decision between these options is…
The Finance World Accounting & Tax Awards 2024, presented by iFund Factoring & Forfaiting Services and powered by Wasaya Investments, recently honored pioneers in accounting, tax, audit & finance. Hosted by Finance World Magazine, the…
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In the dynamic world of cryptocurrencies, a crypto wallet is not just a tool but a critical asset for managing digital currencies effectively and securely. Whether you are a seasoned investor or a newcomer to…
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.
If we look at the various failures associated with investment in real estate in Dubai, there is a question. Are you planning to buy an investment property? Read this article, it will help you not to lose money and make money on your investments.
You may have already heard that you don’t have to pay income tax when you resell real estate. The yield on local real estate can reach 10% per year, while in London and New York, it does not exceed 4–5%.
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 rarer the winter sun graces us with its attention, the stronger our desire becomes to acquire a residence where sunlight is not just a fleeting guest, but a constant presence.
With the rapid growth of inflation, the question of how not to lose your savings and where to invest them becomes especially relevant. One of the most popular options for saving money is investing in real estate.
There are four possible scenarios for making money on foreign real estate, presented for novice investors, in which even a small capital may be sufficient.
Projections indicate that the real estate market in Dubai will persist in its development and consolidation in 2024. In recent years, the emirate has made significant investments in infrastructure enhancement and the diversification of its economy, rendering it an attractive hub for business and tourism. Consequently, demand for real estate in Dubai remains buoyant, particularly for commercial and residential properties in prime areas.
According to Forbes, we looked at three of the richest individuals in the UAE. In this article, you will find out who they are and how they accumulated their impressive fortunes.
Many clients opt for real estate in the UAE due to its promising return on investment. In Dubai, for instance, the ROI ranges from 8 to 9%, contingent upon the property type and location.
An exciting story unfolded in Dubai in April 2023, demonstrating how investing in land can yield remarkable returns. Umar Kamani, the founder of the Pretty Little Thing brand, made headlines by purchasing a 7,500-square-meter plot of land on the island of Jumeirah Bay. Over just two years, this barren wasteland, devoid of any structures, skyrocketed in value, with every square centimeter becoming incredibly valuable. This wasn’t due to oil discoveries but rather because it was one of the last available plots in a prestigious location near the sea.
The stability and profitability of real estate investments in Dubai largely depend on the choice of location. In this guide, we will compare several well-known areas and analyze where it is most profitable to purchase real estate.
Last year, the United Arab Emirates once again secured a position in the top 10 countries for global competitiveness. The renowned International Institute of Management Development (IMD) compiled the rating, analyzing world economies based on 336 criteria grouped into four key categories: financial performance, entrepreneurial activity, government effectiveness, and infrastructure quality. The leaders of this list create ideal conditions for business development, ensuring rapid economic growth.
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.
The journey of investors in Dubai often involves navigating through challenging mistakes arising from practical situations in a market marked by its diversity. Understanding the intricacies of property ownership is crucial, including different statuses such as freehold, 99-year leasehold for specific locations, and properties inaccessible to foreign investors.
Ras Al Khaimah, the Northern Gem of the UAE, emerges as a prime destination for real estate investors. With burgeoning development, the emirate presents lucrative investment prospects, attracting both local and international interest.
In 2022, according to Metropolitan Group reports, luxury property prices in the United Arab Emirates doubled, and sales increased by 130%, reaching Dh11 billion. The number of real estate purchase transactions in the country increased more than 10 times compared to the previous year, with the average transaction value being more than 4 million UAE dirhams ($1.2 million).
The evolution of Dubai into an aviation hub stands as a testament to Sheikh Mohammed’s belief in the power of competition. This principle has played a pivotal role in propelling the country to unprecedented prosperity.
Recently, numerous successful entrepreneurs have chosen Dubai as a partial relocation destination for their businesses. Given the city’s status as one of the world’s largest trading and financial centers, Dubai facilitates significant negotiations and transactions and hosts a diverse range of business and social events. This article explores how a professional concierge service can simplify a hectic lifestyle, highlighting options such as ordering a red carpet for a partner meeting.
The COVID-19 pandemic had a significant impact on the real estate market in the UAE, resulting in dynamic growth across all housing segments, from economy to luxury. Investment attractiveness, wide business opportunities, the loyalty of legislation, and the availability of mortgage loans have become the main motivators for this growth.
Dubai has adopted a turnkey approach to selling apartments, which includes full finishing, panoramic windows, plumbing, and much more. This provides convenience to both owners and tenants.
