We tell you how you can immerse yourself in one of the most popular, interesting, and profitable professions in the UAE. Do you want to be a realtor?
Favorable rates for tourists and foreigners, fast, and affordable Internet in Dubai are key features highlighted in this article.
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.
Dubai has secured its position as one of the world’s top ten cities in the 2024 World’s Best Cities Report. Notably, it is ranked as the best place to live, visit, and invest.
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.
We extend our welcome and are excited to present our latest analytical review. Bloomberg recognizes the Dubai market as one of the most promising and accessible globally. Dubai currently holds the fourth position in luxury housing offers. Russian investors took the lead in real estate acquisitions, spending over 800 billion rubles last year, according to expert estimates.
Dubai, one of the most impressive cities globally, is renowned for its unique projects, and Palm Jebel Ali stands out as one of the largest artificial islands with grand prospects. The new palm-shaped island aspires to replicate the success of Palm Jumeirah, which has become an integral part of the city’s landscape. Let’s delve into the details of this exciting project.
Since the establishment of the United Arab Emirates, the Emirs of Abu Dhabi have exerted substantial efforts to transform the fragile union of monarchies into a centralized state.
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 is unique in many ways, and its status as “the one” is more evident than anywhere else in the world. Here you can find the highest, deepest, widest, largest, first, most expensive, and unique objects. Certificates from the Guinness Book of Records have become commonplace here, not a rare occurrence. TripAdvisor has named Dubai the world’s top travel destination for 2023 and the safest.
Serviced offices are a unique format of office real estate, where the operator of the service space provides a full range of services for successful business. This format includes everything from the ability to accommodate employees to the provision of reception services, cleaning services, coffee ladies, and a carefully thought-out technological infrastructure for office management.
As of the beginning of the second half of 2023, 35% of projects in Dubai were commissioned behind schedule. The average delay in commissioning for new buildings was six months, with larger projects experiencing a lag of up to two and a half years. 41% of projects delivered at the wrong time are delayed for 10 years.
In 2002, the landscape of Dubai’s real estate underwent a significant transformation when the government of the United Arab Emirates granted foreign citizens the right to own property in Dubai. This move initiated a construction boom that attracted investors from all over the world. With the market recovering from the COVID-19 pandemic in 2022, the demand for real estate has increased significantly, with the weighted average price per square foot increasing by 10.26%, reaching AED 1,019.
In times of crisis, Dubai has become an island of stability for rich people from different countries. According to Google Destinations Insight, Dubai is second only to London in popularity, ahead of Paris and New York. The UAE currency, the dirham, is pegged to the dollar and is stable.
Among investors, Dubai and Abu Dhabi are the two largest and most famous cities in the UAE. Foreigners make up 85% of Dubai’s population, due to its attraction to expats. Abu Dhabi is often invested in by Emirati and neighboring Arab citizens. However, the Abu Dhabi property market may also be of interest to foreign investors.
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.
The past two decades have seen significant fluctuations in the Dubai housing market. Between 2002 and 2008, the city experienced rapid growth and real estate prices quadrupled, making it one of the fastest-growing cities in the world.
There are new security standards at Emirates for passengers who want to fly to Dubai during the Corona Pandemic with this airline.
Dubai, a city of towering skyscrapers, luxury hotels, and glitzy shopping malls, is a place that has long fascinated people from all over the world. But what is it really like to live in Dubai?…
Ukrainian volunteer musicians raise funds for victims in Ukraine. On February 24, 2022, the active phase of russia’s military aggression against the independent sovereign state of Ukraine has began. Since then, russian troops have continued to launch heavy missile and artillery strikes on…
From now on, the entry to Dubai for vaccinated tourists without PCR test is possible. Thus, it has now become easier to enter the emirate and it is almost like earlier. Here you learn everything about what you should know.
If you are flying to the USA from Dubai International Airport, biometric boarding is possible. We will describe here exactly how this works.
If you book a hotel on The Palm Jumeirah then you should definitely book half board. We will explain exactly why this is necessary here.
Mariam al-Mheiri once studied mechanical engineering in Aachen. Now she is Minister of State for Food and Water Security.
Dubai is a fascinating travel destination. A hyper-modern boom metropolis meets oriental tradition and hospitality, plus there are great beaches, a huge selection of hotels and resorts, the best shops and restaurants. Hardly anyone who does not dream of a vacation in Dubai, but sometimes there are a few questions in the back of their minds.
In 2019, in the Global Talent Trends report, LinkedIn cited the data: 92% of employers are less interested in the knowledge and experience of an employee if they are not supported by emotional intelligence, the ability to cooperate, adapt to changing conditions, etc. Deloitte Access Economics predicts that by 2030, flexible skills occupations will account for two-thirds of all jobs.
As you know, one of the reasons for the attractiveness of Dubai shopping lies in the duty-free zone, where the import tax is only 4%. Here, even elite goods are somewhat cheaper, and with discounts, prices become even more affordable. This is why the festival period is considered the most attractive to visit Dubai.
Tour operators organize and conduct various trips to the desert. The companies offer quality and unusual excursions that take place in small groups or, upon request, in private. Responsibility and discretion with local wildlife and nature are what the right tour operator does.
Anyone who has ever been to the Emirates or another Gulf country knows firsthand about a real “Arab” scent. Arabs know a lot about good smells. A rich and dense sillage of the scent accompanies every indigenous inhabitant of the UAE.
The official language of the United Arab Emirates is MSA (Modern Standard Arabic). All official documents are written in MSA, public administration is handled only by MSA, and most media outlets work for MSA.
