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Sheikh Mohammed says Dubai is back; here are 5 reasons why

Dubai is back again, said the Dubai ruler on Sunday. Roughly a year and a half since the onset of the coronavirus pandemic, UAE nationals and residents’ lives have returned to ‘a new normal’ – one that is filled with renewed hope and vigour. UAE has seen a dramatic drop in Covid-19 cases in recent months, hitting 66 new cases on Sunday. An impressive 8.81 million UAE nationals and residents have...

UAE property market to see strong rebound in next 18 months

There is a "true rebound" in the UAE’s property market, driven by government initiatives with the market momentum expected to sustain for the next 12 to 18 months as more people buy homes, according to industry experts.“There is a lot being done in Dubai and in the UAE to ensure longevity of residency and that’s very important for us as developers and that’s really underpinning the real estate...

Abu Dhabi, Dubai among world’s 5 best cities for holiday homes

Abu Dhabi and Dubai have been ranked among the world’s five best cities to buy a holiday home, according to a new study released by comparethemarket.com.au.The report covers average property prices, the monthly cost of living for a family of four, crime score, restaurants per 10,000 people, average temperature and average rainfall among world’s top 50 cities.Abu Dhabi was ranked third best place to...

Expo 2020 Dubai: Record new residential units come online this year

SincAs the Dubai’s property sector gained momentum ahead of Expo 2020 Dubai, a record number of residential units are expected to come online this year, a report has stated.According to the latest data released by real estate consultancy, Core, 37,000 residential properties are set to be delivered this year. It is the highest number of residential deliveries in Dubai over the last decade, hinting that...

How will Expo 2020 Dubai impact the local real estate market and shape future trends?

Since the announcement of Expo 2020, there has been an increase of residential and commercial development at the site. New shopping centres, hotels and over 400 restaurants as well as luxury housing and cycling paths, will be completed prior to the highly anticipated event.According to a recent Ernst & Young report, titled ‘The economic impact of Expo 2020 Dubai’, the event is estimated to bring in...

Expo 2020 and its Impact on Dubai Property Market

Dubai was chosen as the host of Expo 2020 in 2013. The expo theme is "Connecting Mind, Shaping the Future." It is a festival and a platform where individuals from all over the world will come together to interact, discover new innovative ideas, and formulate new business strategies that will impact all aspects of the global economy. With Expo 2020, Dubai will move a step further in inspiring the next...

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