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04.01.20243406Economists indicate that the construction sector and real estate market in Gulf countries, particularly the UAE, Saudi Arabia, and Kuwait, will maintain momentum for growth in the first half of 2024. Growing demand, governmental support, and economic growth create a favourable environment for development. Specifically for the United Arab Emirates,...
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02.01.202416631Despite the widespread use of the English language in the UAE, tourists and expatriates should remember the most common Arabic words and phrases that will help them communicate with local residents in various situations. In this article, we will provide frequently used and simple expressions that will assist you in markets, stores, restaurants,...
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31.12.20234024The Dubai real estate market remains a popular destination among international investors, especially those seeking opportunities to diversify their assets. The popularity among foreign buyers has allowed the emirate to attract over $100 billion in real estate investments in 2023, and now positions it for a projected 5% market growth by the end of...
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29.12.20232532Today, you can buy property in Dubai both by visiting the country and remotely. This significantly enhances the attractiveness of the local market among foreign investors who consider housing in the Emirates as a lucrative asset for passive income. The average ROI of flats and villas in Dubai varies from 5% to 8% per year. Many investors acquire...
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27.12.20234801Over the past two years, the cost of real estate in Dubai has risen by more than 30%. However, a sharp gap has emerged between the prices at which finished properties are sold and the prices of projects in newly constructed buildings. Content: To sell or to hold? Record price gaps What explains such a price gap? Reidin-GCP report To sell...
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26.12.2023780Dubai has become one of the most sought-after tourist destinations, catering to both business travellers and those seeking a top-notch vacation experience. The world is taking notice, and with the increasing number of travellers, there is significant interest from those opting to rent properties rather than stay in hotels. The city's allure...
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25.12.20232209The quality of healthcare in the UAE is rightfully considered one of the best in the world. There are 231 doctors per 100,000 residents in the country. In addition to providing medical services to the local population, institutions offer paid services to foreigners. The UAE healthcare system is regulated by the Ministry of Health and Prevention,...
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22.12.20231581As of today, the UAE tourism sector has fully recovered from the pandemic crisis. The country is one of the leaders in this industry in the Middle East. In H1 2023, the flow of tourists to the Emirates exceeded pre-pandemic levels, reaching 8.55 million people. The recovery of tourism has had a direct impact on the real estate market in Dubai....
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18.12.20236566As the year draws to a close, analysts and economists are beginning to share their predictions for the future. Below, we'll share some of the key trends in the UAE real estate market in 2024. However, let's start with the topic of ecology and "green real estate", which will be a defining factor for everything that will happen in the industry in the...
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18.12.20232682Opening an account in Dubai banks is carried out in accordance with international standards. However, the cost and terms of service may vary. When selecting a credit institution, it is important to consider the following factors: income from deposits; number of available services and their cost; minimum deposit amount and list of documents...
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