Rent prices for Palm Jumeirah have continued to be strong as we move into 2023, evidenced by a recent penthouse transaction in Omniyat Properties' One at Palm skyscraper for Dh1.7 million. This is one of the highest single-unit rentals in Dubai this year and is a testament to the high demand for luxury units that boast impressive views of the skyline and the Arabian Gulf. Sales Manager Aleksandr Mylnikov...
The remarkable selling of a three-level penthouse property in the “Bulgari Lighthouse” on Jumeira Bay Island for Dh 410 million in 2023 is a record-breaking transaction that signals that the demand for luxury homes in Dubai is still strong. This nine-bedroom unit with a size of around 39,000 square feet was filed on February 1, and is just one of many top-tier deals in the same area that have...
Dubai, the UAE’s commercial hub and a global city, has been ranked as the best place in the world in terms of living, working, investing, and visiting. It is a city of great potential, offering a number of advantages to those who decide to live, work, invest, or visit. The city is the most populous in the United Arab Emirates, and it is home to a vibrant mix of cultures, a strong and diverse economy,...
Dubai is on track to become one of the wealthiest cities in the world by 2030. The city has already established itself as a major global financial and business hub, with its economy driven by oil reserves, tourism and real estate. In recent years, Dubai has been making huge investments in a wide range of sectors, from technology to construction, and is now set to become even wealthier in the coming...
A record number of international tourists visited Dubai in 2022, close to the number before the pandemic. Dubai Tourism’s figures show that over 14.9 million tourists visited Dubai in 2022, just shy of the 15.79 million who visited in 2019. This is an impressive feat considering the impact the Covid-19 pandemic had on the global travel industry. The UAE was one of the first countries to implement...
Dubai is one of the fastest-growing cities in the world, which means that its economy is thriving. In addition, Dubai has an unrivalled property portfolio that offers a wide variety of options for investors. Plus, Dubai offers some of the best returns on property investment. These are just a few of the reasons why Dubai is the best place to invest right now. Why To Invest In Dubai Real Estate? GREAT...
