In the world of real estate, Dubai occupies one of the leading positions, adhering to an innovative and progressive approach. It is interesting to consider the changes that will impact the market in the coming years.
In recent years, Dubai has emerged as a prominent player in the global crypto and blockchain industry. By 2024, the city-state had not only consolidated its position as a major financial hub but had also become a magnet for crypto investors and digital currency startups. The Dubai government actively promotes crypto industry development by implementing regulatory measures and fostering a conducive environment for cryptocurrency transactions.
The Prophet Muhammad is known to have owned several fast camels, the most famous of which was Kaswa.
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.
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.
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.
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.
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.
If you seek to stand out and appreciate unconventional solutions, you’ll be intrigued by the “country dachas” on an artificial archipelago. The Floating Seahorse project from the Kleindienst Group features unique floating homes with underwater floors and their own coral reef gardens. These are high-tech vessels located 4 kilometers from the coast, consisting of three levels.
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).
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.
Developer Hussein Sajwani has amassed immense wealth in the real estate sector, employing unique promotions and leveraging his friendship with Donald Trump.
While the UAE and Dubai are renowned for their cultural diversity, creating enduring business relationships in this region demands a profound understanding of local cultural norms and traditions.
The UAE has one of the most developed real estate markets in the world, offering a wide range of apartments, houses, villas, and penthouses. There has been a recent surge in demand for private houses, townhouses, and villas in Dubai that come with their own gardens and swimming pools. Over the past year, property sales have increased by 57%. The largest increase in prices occurred in the premium villa segment.
Real estate development in the UAE is one of the fastest-growing industries. Many foreign buyers invest their money in real estate as it can generate stable income.
The real estate market in Dubai has experienced a significant increase in 2021-2022, with prices rising over 30%. This trend is expected to continue as demand for local houses and apartments remains high. In the first quarter of 2023, there were over 30,000 real estate transactions, indicating a strong interest in the Dubai real estate market. This also allows us to make bold forecasts for further growth and expect new records this year.
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.
In this article we will know about the origins of the electronic tourist encyclopedia in Dubai, exploring both its creators and the timeframe of its inception.
After gaining independence, the United Arab Emirates introduced a single-state currency – the dirham. At the international level, the name of the currency is usually abbreviated to AED. The abbreviations DH and DHS also exist. One hundred fils is worth one dirham.
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.
DAMAC Properties presents the luxury residential complex DAMAC Casa with favorable purchase conditions and return on investment. You should also pay attention to OMNIYAT, which presents the luxury residential complex Vela Viento.
When going on vacation to the United Arab Emirates, in addition to sightseeing tours and beach holidays, you should also try Arabic cuisine. Discover the 12 most delicious dishes in Arabic cuisine in this article.
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.
Dubai is expanding every year. There are regular new areas and residential complexes that attract tourists and expats with unique architecture, developed infrastructure, and comfortable conditions.
An overview of Dubai’s most popular projects, launched in 2022, from trusted emirate developers. Description of residential complexes, their features, cost, and location.
We continue to analyze the topic of expenses when moving to Dubai. In the previous article, we talked about the necessary documents and rental housing.
Today, as we look at Dubai, which is a global financial and cultural hub, it is hard to imagine that only 50 years ago it was an unnoticed fishing village. Today, Dubai attracts tourists from around the world and it is home to the richest people on the planet. But how did this small village become a luxurious metropolis? And why is Dubai’s success unrelated to oil?
Information on women’s health in Dubai: reproductive health services, cancer diagnosis and treatment, mental health. Health insurance, availability of services.
