The Tourism Industry in UAE and Saudi Arabia booms as more and more visitors come for visits in the Middle East, especially in these areas. International tourism has bounced back after the pandemic in 2019-2020 with many tourists traveling to UAE and Saudi Arabia from all over the world. According to the information provided by WTM Global Travel Report, it was expected that the number of tourists...
by Penny Realty Real Estate 
Top 3 Priorities for the UAE Government, Sheikh Mohammed has devised a strategic plan for economic expansion, and double the GDP. The National Agenda for the next year was set at the UAE Government's Annual Meetings. There were top 3 Priorities for UAE, set by Sheikh Mohammed to ensure economic expansion and double the UAE GDP. The UAE Annual Agenda is to ensure strategically planned procedures to...
Dubai Real Estate Rents are reaching the skies and it is becoming a little tough for residents and businesses to keep going. The constantly rising costs of real estate may force residents and businesses to look for cheaper options outside of Dubai, UAE, or even the Middle East. The consideration of moving out of the city is primarily because of ever-increasing real estate rent prices which do seem to...
UAE Flag Day 2023 was celebrated today, nationwide as a testament to the solidarity of the UAE, a recognition of the struggles committed in the past, and a commitment to embark upon significant plans for sustainability. The UAE Flag holds great importance concerning the UAE Cultural heritage and its historical importance. These colors signify strength, courage, solidarity, and peace. It is celebrated...
Global Preferences are shifting, as more and more people are viewing the Growth in Dubai Real Estate Great sustainable growth in Dubai Real Estate is seen as a testament to the consistent progressive development by Dubai Real estate developers in the UAE. There has been a great transition in the property types over time with the advent of technology, changing demand trends, changing real estate industry...
Dubai real estate market is facing challenges as the Saudi property grows and flourishes Riyadh is spotted to emerge as the regional hotspot for investments in the property market due to the financial incentives by the Saudi Government to woo international investors into the latest developing real estate market. The situation poses a challenge to the UAE, especially offering a price advantage instead of...
There are many new developments in the Luxury Off-Plan Property Market, marking a boom in the Property Industry On Thursday, heavy rainfall was recorded preceded by a thunderstorm that hit the UAE. Therefore, as a protective and reactive measure, Dubai Taxi Corporation announced using AI to monitor and track buses, taxis, and delivery riders. The current weather in Dubai calls for celebration as it has...
Emaar cancels its major community events in Dubai given the Current Global Situation. According to the sources, Emaar Properties has canceled community events and festivities in its Dubai Property Developments due to the current global situation. The highlights and chain of events leading to the Gaza-Israel war are mentioned in our previous blog, kindly refer to it to have a better understanding of the...
Great Property Investment Deals have been made, breaking all previous years' records and elevating the Dubai Residential Property Market. 46 percent residential property market growth has been seen, which has been accomplished by AI-based Proptech Realiste. The real estate market in Dubai continues to impress with higher returns on investments and cheaper costs of apartments for sale in Dubai. An...
The World is in Grief, as the Gaza-Israel War continues to become more fierce daily. The Isreal-Hamas war started on 7th October 2023, but eventually became one of the deadliest five Gaza wars, resulting in the death of 4,000 civilians. Millions of people have been displaced, having fled their homes in the Gaza Strip Middle East to evacuate the area and seek refuge in shelters, aiming to stay safe from...