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 famous for its investment appeal, but often the spotlight falls on the same well-known areas that everyone talks about and aspires to explore. However, within this dynamic and rapidly evolving city, there exist lesser-known gems, where the potential for comparable or even superior returns on investment is ripe.
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.
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.
Designed by the renowned Spanish architect Santiago Calatrava, known for his innovative designs, the Dubai Creek Tower represents a fusion of modern technology and aesthetic beauty. Its architectural concept, inspired by nature, captures the elegance of a blooming lily flower.
Fresh seawater, a private beach, and investment attractiveness – what should you consider when choosing your dream home?
For individuals keen on generating passive income through long-term investments, apartments stand out as a lucrative bonus on the investment landscape. This property attracts with its cost and faster payback.
What do you need to consider when looking for an apartment for a successful sale with a good margin? Three key criteria: the potential of the apartment, the condition of the house, and the location. At first, you will have to rely on your intuition, but with experience, you will be able to immediately see potential “diamonds”.
Flipping is an investment strategy where a property is purchased at a low price, renovated, and sold for a higher price. Of course, it’s more complicated. For successful flipping, it is important to take into account the potential of the apartment: the convenience of location, the presence of social facilities, the amount of repair work, and the amount of investment.
First: The why. Specifically, why do you need to rank in search engine results pages? The answer: A Sistrix study on mobile users’ click behavior revealed that 28.5% of Google clicks land on the first…
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.
The UAE has an unspoken «tax paradise» status among entrepreneurs around the world: there can be zero taxes on profits, real estate, capital gains, and income of individuals.
The UAE is one of the most popular regions where foreign entrepreneurs transport business. Companies here feel comfortable.
The types of real estate investment in Dubai available to foreign investors, the potential yield from resale or rental, and the central myths about buying housing in the UAE.
Luxury is the most capacious definition that comes to mind when you need to describe Dubai in one word. Well, oriental luxury. Modern Dubai villas and palaces are built and maintained with the latest technology and only look like traditional fairy-tale houses from Aladdin’s Lamp or mansions from Victorian novels.
A spectacular building in Dubai is the Museum Of The Future that you should see as a tourist. As you can tell from the name, everything revolves around the future. You see things there that don’t exist anywhere else.
Welcome to MyDubai.Media, is the ultimate online guide for discovering the finest attractions and experiences in Dubai. We pride ourselves on curating and sharing the most captivating and shareable content that showcases the best of…
In Emirate Dubai, everything is perfectly air-conditioned and as a tourist, you do not need to be afraid there that you have to sweat. Where this is exactly what we will describe here. There is a lot to consider.
For tourists, a Dubai city tour by taxi is possible. Here you get information about the prices and whether this is to be recommended at all.
A particularly interesting attraction in the Dubai Mall is The Emirates A380 Experience. This is a flight simulator where you can fly with an Airbus A380 and the in the middle of the shopping center. What this costs exactly and what you have to consider would we want to explain here. But it’s a lot of fun and you should do this if you are interested in planes.
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.
If you are interested in Arabic coins then you should visit the Coins Museum Dubai. It’s definitely very interesting and you can see coins there that you’ve probably never seen before.
Meanwhile, you can fly to Dubai with Condor and this is certainly an alternative to Emirates or Lufthansa. The advantage is certainly that this is a direct flight and is thus quickly on site.
In the city of Dubai, there are currently a lot of construction sites and therefore you have to expect construction noise. If the hotel is then right next to a construction site then this is of course not very pleasant for the guests of the hotel. What you can do in this case will we explain exactly here.
As a tourist, you shouldn’t underestimate the Dubai air conditioners because you can catch a cold there very quickly. We will explain how to use them correctly here.
You don’t have to be a hotel guest to visit the Emirates Palace. It is also possible to look at the luxury hotel if you are a tourist. We will explain exactly what you have to pay attention to here.
The Dubai low season is from May to September where it has fewer tourists in the city. But you have many benefits that you can use on vacation. Which ones are we will explain here?
The Le Royal Meridien Beach Resort & Spa is one of the most beautiful beach hotels in Dubai. It is perfect for families with children who want to spend a beach holiday in Dubai. It is a five-star luxury hotel in the metropolis that is a bit older. But it has been renovated in the meantime and of course, shines again in new splendor. It can easily keep up with the other hotels.
Here are hotel tips in Dubai for the year 2022 that you should definitely visit. There are always new spectacular hotels that are of course recommended for a vacation in the emirate. So it always remains exciting there.