Earning income from rental properties has been quite popular in Dubai in recent decades. Renting in Dubai guarantees a return of 4 to 9 percent, according to analytical data in 2023. This area is developing rapidly every year. The advantage of investing in real estate is a high percentage of income, reduced risks, protection of capital from inflation, as well as favorable conditions for owners, and terms of concluding a contract. We will consider the key points that investors and tenants planning to invest their savings in UAE real estate should pay attention to.
Dubai is a city famous for its skyscrapers and luxury. Every year, thousands of tourists visit here to bask in the warm and bright sun and to swim in the crystal-clear waters of the sea. But what if you want to not only enjoy your holiday here but also buy real estate in this city? In this article, we will discuss the advantages of buying an apartment by the sea in Dubai.
We analyzed the 9 most common myths about Dubai. Is everything really that expensive? Is it impossible to buy a SIM card? What about clothes? Continued in our article.
Millions of people strive to find opportunities to invest and increase their capital daily. Cryptocurrency platforms have become an attractive option for those looking for new ways to increase funds. However, among the various offers on the market, there are also fraudulent schemes aimed at deceiving investors and depriving them of funds. In this review, we will look at one of these dubious exchanges called Ouknm, analyze the available information about it, identify negative customer reviews, consider fraud schemes, and reveal signs of dishonest activity.
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.
Are you running a business in the UAE but postponing accounting? You shouldn’t. Incorrect accounting can result in fines, account blocking, business suspension, and even a ban on operations in the UAE. However, with proper accounting practices, significant savings can be achieved. Professional bookkeeping can decrease company costs and boost revenue. And no, we’re not referring to illegal practices that could lead to penalties in the UAE.
We present to you the latest list of reliable developers in Dubai. These are leading companies in the market, whose projects have won awards and attracted the attention of leading investors.
The construction of Palm Jumeirah marked one of Dubai’s initial steps toward global recognition. The Crown Prince of Dubai, Sheikh Mohammed, pledged to create an artificial archipelago resembling a palm tree with 17 fronds by 2006. He aimed to transform the emirate into a premier tourist destination and luxury resort.
The Singing Fountain in Dubai is deservedly considered the best fountain in the world, as well as one of the main attractions of the United Arab Emirates. The fountain is located in the center of Dubai near the famous Burj Khalifa Tower, on a large lake that was created artificially. The fountain is a unique creation of human hands, and it can safely be called one of the wonders of the world.
The liquidity of a real estate property refers to its ability to be quickly sold without significant losses in the original cost.
The United Arab Emirates (UAE) is a sought-after destination for business, but cultural nuances raise concerns among international observers. Divergent ratings portray a complex picture, with some highlighting women’s protection and others pointing to discrimination.
It was officially opened during the month of Ramadan in 2007. This is not only a place of worship and education for Muslims, but also a popular tourist destination that welcomes all.
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In the dynamic world of cryptocurrencies, a crypto wallet is not just a tool but a critical asset for managing digital currencies effectively and securely. Whether you are a seasoned investor or a newcomer to…
Investment in real estate in Dubai has been a popular trend in recent years. According to Forbes, in 2022 alone, the number of transactions for the sale of residential, and commercial real estate and land in Dubai increased by 77%. It is currently the year 2024, and the prices are still increasing.
In wealth Dubai, an entrepreneur may feel that starting a business here is easy. It is enough to call a lawyer or business consultant to establish a company, attract investors, and start making money.
Buying real estate under construction is a popular decision among foreign investors. Off-plan projects provide more favorable investment conditions. In this article, we will talk in detail about the benefits of investing in such projects and how to avoid possible risks.
The UAE is a country that, due to its favorable tax legislation, developed economy, and powerful IT infrastructure, has become an attractive hub for IT specialists, startups, and branches of IT companies from all over the world. This created non-trivial conditions for finding qualified personnel.
Recently there was heavy rain in Dubai: the norm for six months of rainfall fell in one day. Schools were switched to distance learning, flights were canceled or moved to other airports. It became impossible to use ground transport for a certain time.
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?
The Emirate of Ras Al Khaimah is becoming one of the most popular tourism and investment destinations in the Middle East.
Home to the world’s tallest building, the Burj Khalifa, Dubai is renowned for its impressive hotels and shopping centers. However 2003, a new project worth billions of dollars captured the world’s attention.
Favorable tariffs for tourists and expats, speed and availability of the Internet in Dubai – we talked about everything in the article.
The choice between Dubai and Oman has confronted many investors lately, so let’s figure it out.
An exciting story unfolded in Dubai in April 2023, demonstrating how investing in land can yield remarkable returns. Umar Kamani, the founder of the Pretty Little Thing brand, made headlines by purchasing a 7,500-square-meter plot of land on the island of Jumeirah Bay. Over just two years, this barren wasteland, devoid of any structures, skyrocketed in value, with every square centimeter becoming incredibly valuable. This wasn’t due to oil discoveries but rather because it was one of the last available plots in a prestigious location near the sea.
The United Arab Emirates is not only a territory with endless sandy deserts but also a center of business activity and finance. The region’s dynamic economic environment offers many opportunities for business financing. One of the key tools in this process is loans.
Last year, the United Arab Emirates once again secured a position in the top 10 countries for global competitiveness. The renowned International Institute of Management Development (IMD) compiled the rating, analyzing world economies based on 336 criteria grouped into four key categories: financial performance, entrepreneurial activity, government effectiveness, and infrastructure quality. The leaders of this list create ideal conditions for business development, ensuring rapid economic growth.
Price is the most volatile element in any market, subject to influence by various factors that can lead to unexpected consequences, often beyond the foresight of experienced analysts.
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.
When relocating to Dubai, families with children often encounter the challenge of selecting a suitable school. The emirate boasts both public and private educational institutions, with a particular demand for private international schools offering English-language instruction, facilitating seamless entry into global universities.
We will explore how the installment plan system works in Dubai, the conditions offered by developers, and answer the question of what consequences are possible if payments are made late.
