The realty sector of the Middle East has been named as one of the fastest growing sectors in the world, with UAE leading the way within the region. Middle Eastern real estate market returns have successfully posted an increase of 4.7% in compounded annual growth rate (CAGR) recorded for the duration between 2009 and 2014.
The residential options of Dubai are becoming much more economical and reports of tenants moving to spacious options have become quite frequent. If you are stuck with a not-so-pleasant landlord and your living space is cramped too, perhaps it’s time to consider some spacious and economical residential offerings. Read more
Dubai is a mix bag of tradition and modernity and buying a property in Dubai can overload you with unimaginable benefits that cannot be achieved elsewhere. While living in Dubai provides you with access to multiple tourist resorts, exceptional shopping facilities, and high levels of comfort and convenience, another added benefit of purchasing property in Dubai is reaping high rental returns. Read more
Dubai International Airport up by a staggering 23 percent in May compared to a year earlier.
Dubai has successfully thrived on the “build it and they will come” approach and now the emirate is hoping that the same could work for its air cargo industry as the region’s rapidly expanding hubs are attracting increasing volumes of freight. Read more
The UAE may not grant citizenship to foreigners but that does not prevent it from still ranking high as one of the best destinations for foreigners to choose as a place of residence. One of the amazing perks of relocating to the UAE is the tax-free environment and the high-quality lifestyle. Additionally, the visa is not exceptionally difficult to get and the process is not extremely tiring or demanding. Read more
Although Dubai is home to an assortment of elite tourist attractions, restaurants, and hotels, it is just as welcoming to a budgeting tourist. However, with the vast array of luxuries up on offer, many visitors on a budget might be left too awestruck to even try experiencing this amazing emirate. Read more
In order to provide the UAE nation with a world class training for developing a talented pool of senior managers and professionals in the real estate sector, Emaar Properties PJSC Founder and Chairman Mohamed Alabbar has announced plans to develop the region’s first not-for-profit real estate educational Institute. Read more
The first half of 2015 strengthened the property market of Dubai in many ways. Not only the emirate managed to level out all the bumps in all sectors, it also managed to ease the rental escalations allowing tenants to heave a sigh of relief. Read more
Having two full-time occupations can be rather burdensome and being a full-time wife and/or mother while working a 9-5 job means you barely have enough time. This time constraint is compounded while fasting in the auspicious month of Ramadan. This includes the preparation of Suhoor and Iftaar and preparing lunches for any children who are not fasting, ensuring that the house is clean and presentable, and making sure work productivity does not suffer. Read more
The slowdown in Dubai leading the realty sector to stability is depicting encouraging trends. According to a research company, the pace of residential rental decline has slowed down in May 2015 compared with April 2015. Read more