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.
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.
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 United Arab Emirates (UAE) stands out as a premier destination for foreign nationals seeking real estate investments. Dubai, in particular, competes vigorously with the capital, Abu Dhabi. Despite a real estate market slump during the 2019-2021 COVID-19-induced depression, Dubai rebounded and demonstrated robust growth in 2022, with property prices soaring by 9.94% and rental prices surging by 23.69% in July.
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Car detailing is the unsung hero of vehicle maintenance, often overlooked yet pivotal in preserving a vehicle’s charm and functionality. This piece delves into the intricacies of car detailing, shedding light on its importance and…
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.
Since opening to foreigners in 2019, Abu Dhabi’s real estate market has seen steady growth in sales of apartments and villas, with some projects experiencing price increases of up to 25%.
The awards for Al Habtoor Tower and Serenia Living have sparked a new construction boom in Dubai. Experts say this is the best scenario for the UAE economy.
The United Arab Emirates has a large number of exciting entertainment options provided to visitors. Sea diving is extremely popular here. There are several diving spots along the coast of the Emirates. You should definitely try sports and extreme diving during your trip to Dubai.
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.
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.
Developer Nakheel Properties presents a new residential project on the Palm Jebel Ali islands with favorable purchase conditions and return on investment.
Investors who are thinking about purchasing property in the UAE are faced with the choice of buying ready-made property or off-plan projects in Dubai. It is very difficult to say exactly which choice is better….
If you go on vacation, for work, or to visit family in Dubai in the spring season, and at the same time you are a creative person or an art lover, then you are lucky, since the World Art Dubai exhibition is held in March.
The United Arab Emirates is a wealthy country known for its luxury and exoticism. There is hardly a single person in the world who would not like to visit there. In this article, we will describe various interesting facts from the life of indigenous Arabs.
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.
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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.
About 80% of Dubai residents are renters, making buying an apartment for rental purposes a profitable investment. However, the Dubai real estate rental market has its own characteristics. Here, the rights of each party are equally protected: it is difficult to evict a tenant even after the end of the lease agreement, and landlords do not have the right to inflate the cost of services.
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.
Moving to the United Arab Emirates with furry creatures is a tough test for both parties. The article will tell you what you need to know to live in Dubai with your beloved family.
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?
Real estate investment is a reliable way to save and diversify savings, and the UAE remains one of the most popular destinations for such investments.
Unveiling the enchantment of Dubai unveils a remarkable juxtaposition between its soaring skyscrapers and the timeless allure of the desert sands. As you stand before architectural wonders that touch the heavens, it’s hard not to…
The UAE is one of the most popular regions where foreign entrepreneurs transport business. Companies here feel comfortable.
Legislative aspects, the stability of the economy and the region’s security, location, ways of doing business, and cultural norms – when buying property in the UAE, it is essential to notice many non-obvious factors.
Georgia is an amazing country and there are many reasons for that, but one of the main ones is the fact that one of its most outstanding achievements is its dining culture. Yes, you heard…
DAMAC Properties has been operating in the residential real estate market in Dubai since 2002 as a division of DAMAC Group, a multi-purpose enterprise founded in 1982.
DAMAC Lagoons is a new area of townhouses and villas. The construction began in late 2021. It occupies over 4 sq. km of the Dubai Golf City area, located south of Sheikh Zayed bin Hamdan Al Nahyan Road, next to the Remraam and Damac Hills communities. The general developer is the private company DAMAC Properties, which has already completed dozens of projects throughout Dubai.
