Dubai has always stood out for its futuristic vision and massive infrastructural undertakings, including its airports. With Dubai International Airport already one of the busiest in the world, the city aims to elevate its travel hub status even further with the new Al Maktoum International Airport. Also known as Dubai World Central, this ambitious project...
August marked another record-breaking month for sales transaction volumes in Dubai real estate, continuing the trend set by every month in 2024, except April. Median prices hit AED 3,124,444, with property price appreciation accelerating, recording a 2.48% month-on-month rise—double the growth pace from last month. Emaar maintained its dominance in the Dubai property investment market,...
Dubai’s real estate market has been a magnet for international investors, offering a combination of high yields, tax-free returns, and luxury developments that are unmatched in other global cities. Among the many avenues for property investment in the city, Off-Plan Dubai Properties have gained significant attention in recent years. These are properties that are sold...
Dubai’s iconic skyline is about to welcome a groundbreaking addition: the tallest hotel in the world. Ciel Dubai Marina, soaring 365 meters across 82 floors, is poised to set a new global standard for hotel design and vertical living. Developed by The First Group and designed by the renowned NORR Group, Ciel is an ambitious...
Jan De Nul Dredging Limited has been awarded a contract by Nakheel, a Dubai-based company, for the marine works on Palm Jebel Ali. The contract is valued at $220.54 million (AED 810 million). The company will be responsible for excavation, land reclamation, beach profiling, and sand placement, all of which will directly contribute to the...
The Dubai Land Department (DLD) has entered into a significant partnership with seven of Dubai’s top developers, enabling them to utilize DLD’s advanced registration systems for real estate transactions. This initiative is designed to boost collaboration with the private sector and improve public services through enhanced electronic systems, aiming to reduce transaction times and streamline...
Dubai Islands, a remarkable development in the Dubai real estate market, is rapidly becoming a top choice for both investors and residents. This impressive project, formerly known as Deira Islands, comprises five man-made islands along Dubai’s northern coastline. Offering a mix of modern living and natural beauty, Dubai Islands is poised to be a premier...
UAE: The Premier Destination for 6,700 Wealthy Migrants by 2024 The United Arab Emirates (UAE) is set to become the world’s leading destination for wealthy migrants by the end of 2024. According to Henley and Partners’ annual Private Wealth Migration Report 2024, a total of 6,700 wealthy migrants are expected to move to the...
Introduction The Dubai Social Agenda 33, with a budget of AED 208 billion, represents a strategic initiative by the Dubai Government aimed at enhancing the quality of life for Emirati families. This extensive plan focuses on critical areas such as housing, quality of life, cultural identity, social cohesion, healthcare, and future skills development. The agenda...
Dubai 2040: A Vision for a Booming Megacity As a Dubai real estate broker, I’m often asked, “Why invest in Dubai?” Well, the answer lies in the ambitious and visionary Dubai 2040 Urban Master Plan. This groundbreaking initiative is transforming Dubai into a global leader in sustainable and people-centric urban development, creating an unparalleled environment...