Las Vegas hotel brands MGM, Bellagio, and Aria are planned for the plot Dubai is home to Bluewaters Island, Jumeirah Bay Island, Palm Jumeirah, Palm Jebel Ali, Pearl Jumeira, World Islands, and Dubai Islands, and now there are plans for a 10.5-hectare island, named The Island, to join the city’s off-shore line-up. Located off the coast of Umm Suqeim, near the Jumeirah public beach next to the...
Rise in foreign fund inflows fuels a surge in the rally along with tenants turning into property ownership, and availability of ready-to-move-in properties, among others. Property prices rally in Dubai will continue next year, but the pace will slow down compared to 2023, with a growth rate of up to 10 percent projected on the back of strong demand from residents, investors, and high-net-worth...
According to the latest figures released by New World Wealth, around 250 millionaires will move from the UK to Dubai this year As many as 1,500 millionaires have relocated from the UK to Dubai in the past 10 years while hundreds of more will relocate this year as the emirate continues to maintain its appeal as an attractive destination for high net-worth individuals, says a new report released on...
In 2024, the real estate market in Dubai is expected to expand by about 15%, according to artificial intelligence (AI)-driven research of property markets in key cities worldwide, while the London real estate market is expected to continue to decline. According to the study, Dubai’s real estate industry will be a shining example of growth in 2024. “Fuelled by resilient demand, a buoyant economy, and...
London property market to face more challenges, sluggish growth in the coming year, says latest AI-based research An artificial intelligence (AI)-propelled analysis on property markets in major cities around the world has predicted a close to 15 percent growth in Dubai real estate market in 2024, while a persistent downturn in the London property market in the coming year. The study...
Dubai has emerged as one of the top destinations for real estate investment for global smart investors ahead of New York, London, and Paris. Dubai's real estate market has become a luxury asset class with price standard of $10 million and above. Luxury real estate has become the new global currency. The City of Wonders is on the global sophisticated and smart investor's radar, who want long-term...
The Emirate has 'solidified its position as the premier global tourism destination' Dubai welcomed more than 4.67 million international visitors in the first three months of 2023 — the city’s best Q1 performance since the Covid-19 pandemic. This marks a 17 per cent year-on-year growth, placing it firmly on track to becoming the most visited international destination, according to latest data...