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Dubai real estate ‘stabilising’; Damac launches airline; NEOM management changes; UAE salary increases – 10 things you missed this week

Dubai real estate forecast, Damac Air launch, NEOM management changes, Nakheel releases Palm Jebel Ali beach villas and more of the top stories this weekDubai real estate development launches, policy decisions and future trend forecasts were making headlines this week.Elsewhere, UAE companies shared plans for salary increases next year, NEOM announced major changes to its management structure, Damac...

It’s time European investors capitalized on Dubai’s green investment opportunities

David von Rosen is an international investor and entrepreneur. Through the VONROSEN family office, he invests in businesses worldwide with a particular focus on renewable energy, gaming, nutrition and technology. Some of his past companies include lottery platform Lottoland, property developer 25 Degrees and fashion label VONROSEN. He splits his time between Dubai and Switzerland.Dubai has traditionally...

How are Indian investors shaping the real estate boom at Expo City Dubai?

Indian investors are among the top three buyers of residential and commercial real estate in Expo City, says Ahmed Al Khatib, Chief Development and Delivery Officer Expo City Dubai.In this episode of the State of Economy Podcast, businessline’s Abhishek Law speaks with Ahmed Al Khatib,Chief Development and Delivery Officer Expo City Dubai about the real estate developments in Dubai.    The podcast...

Medallion Associates unveils institutional investors office to attract fresh global capital to Dubai real estate

With $4 trillion of assets, sovereign-wealth funds in MENA are among the world’s largestInstitutional Investors Office Aims to Boost Dubai’s Real Estate GrowthNew Hub Set to Boost Dubai’s Real Estate Sector with Global Institutional FundsDubai –  With the GCC increasingly recognized as a premier investment destination, Dubai is leading the charge to attract international capital. Responding to the...

My key takeaways from Dubai’s Real Estate Strategy 2033

The multifaceted approach looks set to enhance Dubai’s attractiveness among international investorsDubai’s Real Estate Strategy 2033 is designed to grow property transactions to more than $272 billion (AED 1 trillion) within ten years. Image: ShutterstockAs a proud Emirati, I am immensely grateful for our nation’s forward-thinking leaders. The UAE has been operating at the forefront of world-class...

DLD enables customers to access three real estate services through the Dubai Now app

• The services offered by DLD on the application include property status and valuation inquiries, and property ownership certificate issuance requests. • Duaa Issam Dablan: Our commitment to enhancing services aligns with the Services 360 policy, and offering these via the Dubai Now app will help streamline and elevate user experience. • Hend Alnuaimi: Dubai Now serves as an all-encompassing...

Al Seeb, part of Al Safeer Group launched Dh500 million project in Business Bay

Al Seeb Developers, a part of the Al Safeer Group, has announced the latest launch of Royal Regency Suites, an residential development valued at Dh500 million in Dubai’s Business Bay area.Positioned as a prime investment prospect, Royal Regency Suites offers prices between Dh1.18 million and Dh4.4 million, with an investor-friendly 60/40 payment plan. With an launch price of Dh1,800 per square feet, the...

Dubai: Emaar record 66% surge in property sales in Q3 2024

Emaar Development, a leading UAE property developer and subsidiary of Emaar Properties has reported robust growth for the third quarter of 2024. The company’s property sales soared by 66% in the first nine months of 2024, reaching AED 48 billion ($13.1 billion), up from AED 28.9 billion ($7.9 billion) during the same period in 2023. Emaar attributes this impressive growth to the launch of 50 new projects...

Dubai real estate growth drives demand for high-speed, quality construction solutions

Dubai’s real estate market grows rapidly, with 20,000 new units by late 2024. 3DXB Group leverages 3D printing for efficient, sustainable construction.DUBAI, UAE – Dubai’s real estate market continues to experience robust growth, with 20,000 new housing units expected to be delivered in the second half of 2024. In the first half of the year, real estate transactions reached AED346 billion ($94.2...

ORO24’s approach to purposeful real estate development

Dubai is a developing economy showcasing promising potential, thanks to its government’s visionary leadership. The past years have seen sustained investments in infrastructure as well as regulatory improvements. And for Atif Rahman, founder and chairman of ORO24 Developments, this solid foundation is essential for robust economic growth, and for the continuing success of Dubai’s freehold real estate...

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