Property prices in these pockets projected to see a jump of up to 21% in the next 12-month period, says new market study Select pockets in Ras Al Khaimah such as Mina Al Arab, Al Marjan Island and Al Jazirah Al Hamra are forecast to emerge as the next hot spots for real estate investments in the UAE, with property prices projected to see a jump of up to 21 percent in the next 12-month period, priming...
More than 40 nationalities can travel to Armenia visa-free, including those from the UAE, as per the visa-free arrival list put up by the authority The UAE and Armenia have reached an agreement around visa-free travel rules for citizens of the two countries. “FM @AraratMirzoyan’s official visit to #UAE was marked with signing ceremony to lift the visa regime for the citizens of #Armenia and...
The survey is set to cover four key areas and aims to enhance public health and the quality of life for residents Dubai Health Authority (DHA) is set to begin a massive health survey for residents on Sunday, September 10. The initiative in cooperation with Digital Dubai and Dubai Statistics Center aims to enhance public health and the quality of life for citizens, WAM reported. Four key areas will be...
New UAE real estate laws have been introduced to drive the sector across the country. Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Quwain, has issued a number of laws concerning the Real Estate Foundation of Umm Al Quwain and the regulation of the real estate sector in the emirate. The laws also aim to help in the development and implementation of plans to drive...
DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has welcomed the first wave of commercial office tenants into its much-anticipated Uptown Tower as the business district expands to accommodate the high levels of FDI that Dubai continues to attract. A total of 31 businesses will occupy Uptown Tower’s 22 floors of Grade A commercial...
Dubai: Potential investors clearly are playing the waiting game on the 15.3 million square feet land in Dubai that’s up for auction. After initially setting a base price of a substantial Dh2.57 billion, it’s now been cut to Dh2.45 billion after receiving no bids. The land represents part of the Falcon City of Wonders, one of the legacy developments launched in the initial phase of Dubai announcing...
Dubai Municipality has launched a new online portal that provides property owners easy access to their land and property data, including construction licences and certificates of completion. The new portal is part of the Municipality’s continuous efforts to develop exceptional digital services that enhance service access, user experience and customer satisfaction. Dawoud Al Hajri, Director General...
construction to begin within one year Following a competition that saw participation from several renowned international companies, the tower is now undergoing redesign, Emaar’s Mohamed Alabbar said In an update about the Dubai Creek Tower project, Emaar Properties’ founder Mohamed Alabbar has revealed that the tower is “currently in the process of being redesigned,” according to a statement by...
Rents in Dubai have been on the rise for over two years as the emirate’s population continues to increase, reaching 3.616 million. In order to regulate the rental market, the Dubai government has enacted laws to guarantee the rights of individuals, investors as well as real estate companies. For example, Decree No. 43 of 2013 of Determining Rent Increases for Property in Dubai regulates the...
Only-in-Dubai experiences Khaleej Times posed a series of questions to the top official as city welcomed a record 8.55 million international visitors from January to June 2023, marking the industry’s best ever first half performance. “From global landmarks to impressive architectural marvels, traditional souks, and desert safaris, Dubai's offerings have grown in line with its ambitious tourism...