Business

If you're considering a move to the UAE, Dubai is probably the first city that comes to mind. It’s long been a hotspot for expats, particularly Indians, thanks to its tax-free lifestyle, safety, and proximity to global markets. In fact, since 2020, around 400,000 people have moved to Dubai, making it a melting pot of cultures. But, with rising living costs and a housing crunch, is Dubai still the best...

The Dubai real estate sector recorded AED17.528bn ($4.8bn) of transactions last week, according to data from the Land Department. Sales dominated the figures, with AED14.14bn ($3.9bn), according to Land Department data.In total there were 4,475 sales transactions recorded between October 14 and October 18. Dubai real estate this weekAmong the top listed sales transactions listed on the Land...

The portfolio includes 37 projects and initiatives, with an estimated cost of around AED390 million DUBAI: In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, Chairman of Dubai Executive Council, and...

Jad Global launches 171 Garden Heights as it prepares to invest $272m in Dubai real estate projects    Dubai real estate developer Jad Global Real Estate Development has announced the groundbreaking of its new project, “171 Garden Heights,” with a total investment of AED250m ($68.1m).The project is located within the Jumeirah Garden City development, spearheaded by Meraas, and is part of a planned...

Ras Al Khaimah is aiming to attract more people to live and work in the emirate as its economy grows amid a property and tourism boom.Buyers are investing in property in Ras Al Khaimah as its tourism potential increases with new projects and prices lower than Dubai.Charu Bjuvestig, who moved to Dubai from London last year, shifted base to Ras Al Khaimah three months ago. She and her husband Peter invested...

As we close off the first half of 2024, Dubai’s property market has shown impressive growth across all residential sectors with no signs of slowing down.Abu Dhabi-based developer, Aldar has announced another AED 1.75 billion development in Expo City.Let us tell you everything you need to know…How did this new development come about?This ambitious venture aims to transform the area surrounding the Dubai...

Primedale Real Estate has announced record profits for 2024, marking a major milestone in the company's success. Along with this achievement, the company has unveiled ambitious plans to strengthen its position in the real estate market, signaling even bigger moves ahead.In 2024, Primedale Real Estate experienced an exceptional financial year, with profits reaching an all-time high, driven by strong...

Dubai recorded an 11.19 percent increase in total sales transaction volume compared to Q2 2024 Dubai Hills Estate has continued to reign as the premier destination for luxury villas, with an impressive average sales price of AED17.16 millionDubai’s real estate market continues to be shaped by several factors including the rise in prices, increase in demand, and evolving preferences of buyers and...

The 13th edition of The International Real Estate and Investment Show (IREIS) in conjunction with the Residency and Citizenship Expo will be held from October 18 to 19 at Beach Rotana Hotel Abu Dhabi. The exhibition is a one-stop shop for real estate investment in the UAE, Europe and around the World. The key features of the exhibition would be real estate investment for a Golden Visa and new residency in...

There's a lot you can buy for $34 million. In different parts of the world, you can buy fabulous castles, super villas by the beach or magnificent properties for miles. You can buy many sports cars such as, Lamborghini or Rolls-Royce Phantoms. You can even make a private plane for yourself.But, in Dubai, you can buy a pile of sand, reports cnn. Okay, not just a pile of sand. The sand in question is an...