The value of ready home sales in Dubai has doubled annually and crossed the benchmark of Dh8.5 billion in February. The increase in prices was driven by the rebound of government initiatives to stabilize the economy and Expo 2020 Dubai was the major contributing factor.
The total residential activity rose by 34 percent a year whi Read More
Dubai ranked as one of the global destinations and set the benchmark for other countries. Dubai has striven in every other aspect amid the coronavirus outbreak but still managed to secure the title of global destination. The ranking drives the growth and allows the UAE to fulfill its vision of making the Emirate the most visited travel destinati Read More
Dubai is planning to grasp the capital market and create a master game plan for the same where DEWA is the start. The Dubai property market has flourished and seen a fair share of reform but with the changes coming the financial sector incorporating changes in pension, stock market, and much more. They have planned to move ahead on the next big Read More
The world’s economy was falling apart due to the onset of the coronavirus but UAE continues to evolve and thrive with the new developments coming. The economy will be at its best compared to other countries. The under-construction skyscrapers have become taller and land plots have been cleared with the announcement of fresh projects.
The world’s tallest hotel Ciel is launching in Dubai and it has reached the halfway mark. The 365-meter tall skyscraper is all-set to open in the half of 2024. The hotel is being developed by the First Group where they are working on the megastructure which is beyond the 52nd floor and is scheduled to completely open in the fourth quarter Read More
UAE authorities have confirmed people don’t have to wear masks in open areas of Dubai. The UAE Federal government has announced that wearing face masks outdoors is no longer mandatory. The use of face masks remains optional.
Face masks still are worn in all indoor areas and public spaces such as shopping malls, schools, and much Read More
Expo 2020 is one of the largest events and majorly contributed to the recovery of an economy that is visible as we see how much Dubai is recovering in all the spheres of life. The opening of the world's greatest shows Expo 2020 retained an exemplary response and approximately 411, 768 ticketed visitors.
The real-estate sector is thriving in Dubai and is crossing the benchmark every day regardless of the uncertainties brought by the pandemic. The robust recovery of the UAE is a sign of sustainable growth and high revenues retained by businesses that are positively impacting the UAE Property Market.
The new work system in UAE is focused on attracting more foreign investments that directly bolster the business and attracts major tourists that easily align with the financial sector with the international market and tend to yield higher returns as compared to the previous system.
The professionals said the new work system is focused Read More
When we talk about real estate there is no other place that crosses the mind of an individual. The tall buildings, panoramic view, and downtown area of Dubai giving off the pure reflection in the river which can only be witnessed in Dubai, Miami, and New York are the top three locations for the residency globally.