In the fiscal year 2022-2023, Dubai witnessed an unprecedented surge in its real estate market, with a staggering 80% increase in property transactions compared to the previous year. The total sales volume surpassed an impressive $57 billion.
The UAE became a federal state in 1971 with six emirates and a seventh joining a year later. The history of the UAE is characterized by rapid development; there is no other country in the world that has formed and developed into such a state in such a short time.
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.
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.
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.
The Emirate of Ras Al Khaimah is becoming one of the most popular tourism and investment destinations in the Middle East.
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.
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Dubai is a beacon of modernity and progress in the Middle East. However, just a few decades ago, it was primarily inhabited by Bedouins, fishermen, traditional farmers, and nomads. These people lived in tents and…
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.
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.
Abu Dhabi’s real estate market is fascinating due to its comprehensive development, which impacts all aspects of life and the economy within the emirate and the country as a whole. The region’s growth is not limited to housing construction but includes the development of entire neighborhoods, catering to the needs of both expats and the local population. New residential projects go side by side with hospitals, schools, universities, and, of course, museums – the hallmark of Abu Dhabi in the 2020s.
Meraas is a private holding company and one of the largest real estate developers in the UAE. It has implemented many projects covering various sectors: restaurant business, leisure, and entertainment, retail, residential, and other real estate. Meraas uses the most advanced technologies to develop and construct its buildings. This allows the creation of a comfortable life for the population of Dubai.
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.
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.
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 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.”
When planning a beach holiday in the United Arab Emirates, Saadiyat Island is a wonderful place to consider for your vacation. Read our article and draw your own conclusions about whether you want to go on a beach holiday here or not.
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.
An overview of Dubai’s most popular projects, launched in 2022, from trusted emirate developers. Description of residential complexes, their features, cost, and location.
Homemade leopards, falconry, expensive cars, and the finest racehorses are all about the entertainment of Arab sheikhs. In the past, the lands where Dubai, Abu Dhabi, and other prosperous cities stand today were only sometimes developed. At one point, people who lived on these lands lived in poor conditions, with small shacks replacing the towering skyscrapers that now dominate the desert skyline. These cities were once small towns before experiencing significant growth and development.
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?
Since the beginning of 2022, real estate prices in the UAE mega-cities doubled, and demand exceeded supply. In the UAE, federal and regional taxes may differ and it depends on the emirate. The choice between the free zone and the rest of the territory depends on nationality, the company’s physical presence in the UAE, profit margins, the presence of exports, and its nature.
Dubai is a modern and attractive metropolis that appeals to both business and leisure travelers. It is located on the Arabian Peninsula. Only 15% of the population are local residents, the rest are labor migrants. We tell you where it is better to live in Dubai and which areas in 2023 will be the most attractive for people who have arrived in the city for a long time.
What else could attract investors besides remote transactions, 0% installment for up to 7 years, and no taxes?
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.
The National Airline of Qatar Qatar Airways is located in Doha, the capital of Qatar, and is located on the Persian Gulf. The base of the airline is at Hamad International Airport Airport.
A Dubai cruise is becoming increasingly popular and the emirate has experienced a real boom in recent years with tourists and cruise ship guests calling at the port of Dubai.
2021 will be leaving us soon. Should we remind you about the most interesting articles that have been published on our website? Here everyone will find something interesting about luxury and wonderful Dubai.
The emirate of Dubai is very rich and of course, the residents benefit from what you can imagine. Those who were born there can consider themselves lucky.
Ras al Khaimah (also Ra`s al Chaima) is one of the seven United Arab Emirates. It is only around 1700 square kilometers and although it is less well known than Dubai, for example, it is enjoying growing popularity with tourists from all over the world.
