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The emirate of Dubai is currently experiencing a remarkable real estate boom that is attracting investors from all over the world and promising exceptional returns - without questioning the origin of the money too closely. German investors are also benefiting from the lucrative opportunities offered by this market. One example of this is a young entrepreneur from Germany who spends half the year in his...
The real estate business in Dubai South will benefit from the expansion of Al Maktoum International Airport. The real estate sector in Dubai will receive a significant boost from the expansion of Al Maktoum International Airport. The new Al Maktoum Airport project will drive the development of the real estate sector in Dubai in the near future and increase demand for all types of real estate in the Dubai...
Colife's latest ranking underlines Dubai's attractiveness for expats In a recent ranking by global rental service Colife, Dubai has secured a place among the five most affordable cities in the world for expatriates. This recognition is based on various factors, including changes in the real estate markets and the general business environment for expats. Dubai shares this award with other renowned cities...
The current data available up to and including September 23, 2023 provides insights into real estate transactions as well as the population structure and development in the United Arab Emirates (UAE) and Dubai in particular.Real estate transactions:A total of 90,611 real estate transactions were recorded in the period from January 1 to September 23, 2023. These transactions are divided into three main...
The United Arab Emirates (UAE) has recently taken a groundbreaking step by creating a new federal authority to regulate commercial gambling in the region and introduce a nationwide lottery program. The General Commercial Gaming Regulatory Authority (GCGRA) was set up to establish a first-class regulatory framework for both national lotteries and commercial gaming. At the head of this groundbreaking...
The emirate of Ras Al Khaimah is preparing to open the first legal casino in the UAE in 2027. To boost its real estate sector and compete with Dubai, the emirate is focusing on developing luxury properties and major projects to attract wealthy individuals from around the world. The casino, which will be the largest in the world with an area of 18,500 square meters, is part of a spacious resort by Wynn...
Welcome to the comprehensive analysis of the Dubai real estate market report in issue 2/2023. In this report, we take an in-depth look at the current market situation, especially after an extremely active year for the Dubai real estate market, which ended with a significant milestone in November 2023. A notable highlight of this year was breaking the 9-year record for the average sales price per square...
