Dubai, often referred to as the 'City of Gold,' has rapidly transformed into a global metropolis, attracting investors, tourists, and expatriates from all corners of the world. Its real estate market, particularly the mortgage sector, has seen significant evolution, making it a focal point for many international comparisons. Let's delve into a comparative analysis of Dubai's mortgage market with other...
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, reviewed the cultural district project, located within the Azizi Venice community in Dubai South. The project, which Azizi Developments started, intends to improve Dubai’s artistic and cultural environment and encourage creativity in the creative industry. Mirwais Azizi, Founder...
The UAE real estate market is expected to reach $710 billion by the end of 2024. To comply with the major objectives outlined in the UAE Net Zero 2050 and Dubai 2040 Urban Masterplan, the real estate industry in Dubai is gradually embracing sustainability. Dubai, which is currently ranked third among cities worldwide with over 400 projects certified by LEED, is leading the way in the sustainability...
Global investors are still drawn to Dubai real estate, as evidenced by the 40% increase in sales value in August alone. The amount of transactions reached 36.9%, or $12.9 billion. According to a senior official, the real estate market in Dubai has emerged as a new haven for astute investors with long-term plans. The CEO and co-founder of Juwai IQI, Kashif Ansari, referenced a recent UBS report that...