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.
The Dubai World Cup, held annually in March, is one of the most anticipated nights on the horse racing calendar. This prestigious event brings together some of the world’s top equine talent to compete in…
The real estate market in the United Arab Emirates sets new records year after year, and in 2023, it grew by tens of percent. This growth is expected to continue next year as the Emirates confirms its reputation as a global business center. This factor, together with tax benefits and quality of life, attracts wealthy people from all over the world, increasing the demand for real estate and rental rates.
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.
Dubai is considered one of the most vibrant and rapidly growing cities in the world, continuing to stun the world with its ambitious construction projects. The real estate market in the city provides a vast array of investment opportunities, particularly in the new construction sector, where the city aims to enhance its reputation as a global business and financial center.
The real estate market in this small emirate has become a focal point for global investors. According to the Dubai Land Department, there were over 61,000 transactions from January to June 2023, a significant 43% increase compared to the same period last year.
Every year the UAE real estate market becomes more and more attractive for investors and agencies. According to DLD, in May 2022 a total of transactions worth 26.5 billion dirhams (about $70 billion) were concluded. The deals generated over AED240 billion, up 61% from 2021.
Admittedly, Dubai is not necessarily the first choice for a very special marriage proposal and honeymoon afterward. Tropical travel destinations are more likely to score points. But on Valentine’s Day, the metropolis between desert and sea can certainly come up with romantic moments. Dubai Tourism has a few tips.
It’s colorful, it’s flashy and it’s exclusive: the nightlife in Dubai. As in every major metropolis in the world, night owls can also experience exciting evenings in Dubai. Exclusive clubs, intimate lounges, or open-air parties on the beach – these are the typical nightlife options in the glittering Arab city.
Rental property in Dubai is in great demand. The lion’s share of the urban population consists of foreigners, for whom it is much easier to rent property than to buy. And this is not to…
The United Arab Emirates is a country of modern cities and buildings that make you dizzy, for example, Dubai is home to the tallest building in the world with 162 floors. The 828-meter Burj Khalifa…
