Employees of ministries and federal entities will observe the 53rd Eid Al Etihad holiday on December 2 and 3 The financial markets in the UAE will be closed on Monday, December 2, and Tuesday, December 3, 2024, in celebration of the country’s 53rd Eid Al Etihad (UAE National Day), as announced by the Securities and Commodities Authority (SCA). Trading will resume on Wednesday, December 4, according...
Dubai’s real estate market continues to captivate global attention, with October 2024 marking a historic high for transactions, mortgages, and off-plan investments. Industry analysts are now projecting an incredible 30% uplift by the end of the year, driven by a combination of investor confidence, innovative projects, and favorable government policies. October: A Month of Milestones October 2024 will...
The construction of the first air taxi station near Dubai International Airport has begun, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, announced on Tuesday. "We commenced construction on Dubai’s first aerial taxi vertiport near Dubai International Airport," Sheikh Hamdan posted on X. "Spanning 3,100 sqm, the...
Dubai's real estate market is poised for a dynamic year in 2025, with property rental prices projected to soar, offering lucrative prospects for investors, landlords, and property owners alike. According to industry experts, rental rates across Dubai are expected to increase by an average of 18% for short-term leases, while long-term rentals could see an impressive rise of more than 13%. These projections...
Octa Properties, a premier development management firm in Dubai, has partnered with renowned fashion and lifestyle brand Elie Saab for the unveiling of La Mer by Elie Saab, a signature development located on Al Marjan Island in Ras Al Khaimah. The project is being developed by ARTE Developments, a prominent luxury property developer in the UAE. La Mer by Elie Saab features three beachfront towers,...
Dubai’s real estate market has earned a reputation for luxury, innovation, and investment opportunities that attract buyers from around the globe. But navigating this competitive landscape requires strategy and insight. Whether you’re a first-time buyer or an experienced investor, here are ten essential tips to help you make a successful property purchase in Dubai. 1. Understand the Market...
In the third quarter of 2024, Abu Dhabi’s luxury real estate market has seen a surge, reflecting the city’s growing status as a global investment hub. This quarter witnessed a robust demand for high-end properties, fueled by both local and international buyers looking to capitalize on the emirate's stability, strategic location, and evolving urban landscape. Record-Breaking Sales and High...
Dubai, the gleaming metropolis in the heart of the United Arab Emirates, has emerged as a premier destination for international real estate investors. This vibrant city, known for its towering skyscrapers, luxurious lifestyle, and strategic location, offers a myriad of opportunities for those looking to invest in property. Here’s why Dubai stands out as a top choice for real estate investors...
Dubai, renowned for its opulent skyscrapers, man-made islands, and luxury lifestyle, is embarking on an ambitious journey to reshape its urban landscape with a focus on sustainability. The Dubai 2040 Urban Master Plan, unveiled in 2021, sets a transformative vision for the city's development over the next two decades. This plan aims to enhance Dubai's status as a global destination while prioritizing...
In the ever-evolving landscape of investment, one particular trend has been making waves in recent years – real estate crowdfunding. Traditionally, investing in real estate has been a privilege reserved for the wealthy elite or those with significant capital to spare. However, the advent of technology and the rise of crowdfunding platforms have democratized access to real estate investments, allowing...
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