Dubai Ranks as one in the list of the Top 10 Global Power City Index, which is considered the list of countries best in the world in terms of Cleanliness, Employment, and Corporate Taxes Dubai enjoys a great prestigious power ranking as one of the top 10 of cities globally while being a part of the Top 10 Global Power City Index. Furthermore, Dubai is ranked as one of the best cities in the Middle East,...
A New Mega Project - Rixos Dubai Island by Nakheel Properties is an amazing new development in the heart of Dubai, offering luxury Rixos Dubai Island is in development Phase II and is nearing its launch very soon. It features 331 residential units, ranging from 1, 2, 3, and 4 bedroom units and duplex beach houses for sale in Dubai. Nakheel Properties is a Dubai-based master developer who has launched...
A great opportunity to invest in Property - The Property Market has boomed in Abu Dhabi as there have been 100 percent sales transactions seen this year as compared to previous years. There have been numerous new projects launched in the Abu Dhabi Property Market including commercial, residential developments, and mixed-use projects. Furthermore, there are several projects in the pipeline, in different...
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...
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 UAE Government has allocated an amount of $200 million fund for Global Poverty Reduction—a great gesture to support the underprivileged in these challenging times. The main aim for funding a huge amount for the Global Poverty Reduction cause was to expand concessional financing for countries with low income and also align of United Nations’ Sustainability Development Goals with the UAE’s...
by Penny Realty Real Estate