Dubai News

Gift Solomon left her home in Nigeria to find better prospects in the UAE and she now heads a company worth over Dh15 million.When Gift Solomon arrived in Dubai in 2015, she was a 23-year-old with dreams of making it big in Dubai, a city known for opportunities. Like many who seek greener pastures, Solomon left her home in Nigeria to find better prospects in the UAE. But the journey wasn’t as easy as she...

In a global ranking, the real estate markets of Dubai and Abu Dhabi have made the biggest strides in transparency, landing in 3rd and 4th place for improvements. That is according research from JLL.The improvements in these UAE real estate markets is largely linked to increased government focus on data transparency and major digitalization efforts. Those include technology-focused initiatives designed to...

https://expgulf.com/wp-content/uploads/2024/09/why-dubai.webm Live. Invest. Grow. As a hub of innovation and growth, Dubai attracts top global talent and forward-thinking professionals. It stands as a leading hyper-connected, pro-business center, linking the East and West seamlessly.With unmatched access to the world’s most dynamic economies, Dubai fosters rapid development in a secure and...

Keyper introduces rent-now-pay-later Dubai real estate service to spread cost of renting property in the UAE.A Dubai real estate firm has announced a rent-now-pay-later (RNPL) service as it looks to transform the property rental market in the UAE. Keyper said the RNPL Marketplace gives tenants the option to pay rent in 12 monthly instalments instead of upfront for the year.The marketplace curates a...

The consistent rise in rentals over the past three years has boosted property owners’ incomeProperty owners in Dubai on average earn over Dh13,000 or 41 per cent more than tenants, reflecting a significant difference in income, according to a new study.Released by real estate consultancy Betterhomes, 'The Future Living: The Dubai 2024 Edition' showed tenants’ average income is Dh32,303 while property...

Centi-millionaire communities have grown globally by 54 percent over the last decade America and China have experienced a centi-millionaire boom, significantly outperforming their European counterpartsCenti-millionaire communities currently include 29,350 individuals worldwide with liquid investable assets of $100 million or more, according to the Centi-Millionaire Report 2024 by Henley & Partners....

Many owners will put their properties on short-term rental platforms as demand increases due to tourist inflow, according to Danube Properties chiefDubai property market is unlikely to experience an oversupply over the next four to five years, even with numerous launches in recent years, as high demand is expected to absorb the new supply.Rizwan Sajan, founder and chairman of Danube Properties, said there...

Eywa stands out as the first residential development to integrate modern technology with ‘ancient wisdom’International developer R.Evolution has announced the commencement of construction on its groundbreaking Eywa project in Dubai.The news comes following Eywa’s recent accolades at the International Property Awards in London where it was recognised as the World’s Best Property and Best...

Land sales show biggest increase as 16,159 transactions underline city’s position as a prime destination for property investmentDubai’s real estate market has experienced another strong month, with property sales in August totalling AED 47.3 billion, a 40.8% increase in value on the same month last year.A market update issued today by fäm Properties reveals that last month’s total of 16,159...