Business

Real estate in Dubai: Industry leaders discuss growth, innovation and investment at the Arabian Business Leadership Summit 2024 At the Arabian Business Leadership Summit 2024, leading figures from the real estate industry gathered to discuss the future of the real estate market in Dubai. In a panel discussion entitled "Building Foundations: Leaders Reshaping the Real Estate Industry", Josef Kleindienst...

According to a recent report, the Gulf Cooperation Council (GCC) real estate market is experiencing unprecedented growth and is expected to surpass the USD 5 trillion mark by 2028. According to Statista, the value of the market is expected to reach 4.43 trillion dollars by the end of 2023. Residential real estate dominates the GCC market with a projected volume of USD 2.98 trillion and a steady compound...

To be successful in the Dubai real estate market, a pragmatic approach to price expectations is required. To gain a true understanding of market performance, investors should focus on the dynamics of completed homes, which serve as reliable indicators of the true pulse of the market compared to off-plan sales. Understanding the market dynamics: The Dubai real estate market operates on fundamental...

As governments around the globe vie to attract the wealthiest people, Dubai is the frontrunner, attracting a record number of elite individuals from around the world. Dubai's rising popularity with the super-rich is due to increasing geopolitical and economic uncertainties around the world, which are driving wealthy individuals and families to seek safe havens for their wealth and well-being. According to...

Invest effortlessly in high-quality real estate in Dubai Welcome to our first-class service for German investors looking for high-quality real estate in Dubai. We offer comprehensive advice and support, both online and on site, to make your investment in Dubai's booming real estate market effortless and successful. Why is Dubai so attractive? High return on investment: Secure an average annual...

The highly anticipated first legal casino opening in the UAE at the Wynn Resort in Ras Al Khaimah, accompanied by the establishment of a new regulatory body for legal gambling, will bring new confidence to the country's already thriving real estate sector, according to experts quoted by Arabian Business. The first legal casino opening in the UAE and the Gulf region is expected to take place in early 2027....

The economy of the United Arab Emirates (UAE) is set to record impressive growth in the coming years. According to S&P forecasts, solid economic growth of 3% is expected for 2023, accelerating to a promising 4% by 2024.But what are the driving forces behind this astonishing growth? The main driver is the non-oil sector, which will thrive due to various factors. Robust growth in the tourism sector,...

UAE real estate companies report that the real estate markets in Dubai and Abu Dhabi are proving resilient in the face of rising interest rates and inflation. In the second quarter of 2023, Dubai's real estate market outperformed the global competition with around 11,000 residential units, mainly apartments. Sales activities in Abu Dhabi for completed and unplanned projects reached a decade high. While...

The commercial real estate sector in the UAE saw a surge in demand for rental space in the second quarter of 2023, reaching its highest level since 2014. The Royal Institution of Chartered Surveyors reported a net increase in user demand of 56 percent for the period April to June, with all three sub-sectors recording strong demand. The industrial sector recorded the highest demand and reached its highest...