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Indian Investors Drive Growth in Dubai Property Market with 5-Year Visas Indian Investors Drive Growth in Dubai Property Market: In the first quarter of 2024, something big happened in Dubai's property market. Indian investors took the lead, leaving behind British investors. Americans are also joining in, along with others like the British and Russians, boosting demand and raising property values,...

Karl Lagerfeld Brings Fashion Flair to Dubai's Real Estate Market Karl Lagerfeld stepping in Dubai: A famous fashion name, Karl Lagerfeld, is getting into property in Dubai. It's the first time Lagerfeld's brand has hit the Middle East, with a new project called 51villas at Meydan. Before this, Lagerfeld's designs have popped up in places like Melaka, Malaysia, Marbella, and Lisbon. There's even a...

🏇Discover the Majesty of Meydan Racecourse: Dubai's Equestrian Gem 🌍 Meydan Racecourse: It is the biggest horse racing facility globally, covering an area of 620 hectares. It has a grandstand stretching 1.6 kilometers and can accommodate over 60,000 spectators. 🏟️ Opened on March 27, 2010, it replaced the Nad Al Sheba Racecourse, which operated from 1986 to 2009. 💰 The construction...

What Happens If Your Off-Plan Property in Dubai is Delayed? Before you decide to buy an off-plan property in Dubai, it's smart to do some homework. Here's a guide in plain language to help you make an informed decision and know your rights in case things don't go as planned. Before You Sign: 1. Check Registration: Make sure the real estate project is registered with Rera. This means it follows the...

Dubai Real Estate - A Recap & Forecast In 2023, Dubai's real estate market saw remarkable growth, recording 113,000 property transactions totalling $112 billion, as reported by the Dubai Land Department (DLD). This marked a 38% increase in transaction volume and a significant 56% surge in value compared to the previous year, making it the most successful year on record. Interestingly, more than...

Understanding Corporate Tax for Individuals in the UAE In December 2023, the Federal Tax Authority in the UAE rolled out guidelines to shed light on how Corporate Tax (CT) is applicable to individuals. The aim is to make things clearer for people engaged in business activities within the country. So, when does Corporate Tax come into play for natural persons? It kicks in if the total annual turnover...

Anticipated Hotel Openings in Dubai - 2024 In the wake of Dubai's flourishing tourism and real estate sectors, a wave of new hotel developments is poised to make a mark in 2024. The city, known for its ever-evolving skyline, is gearing up to welcome a diverse range of upscale accommodations. These forthcoming projects not only signify the city's robust growth but also reflect its commitment to offering a...

Dubai Struggles to Meet Housing Demand as Population Soars About Dubai Housing Demand Dubai, a city synonymous with opulence and modernity, is grappling with a formidable challenge—its soaring population is outpacing the availability of housing. As we look ahead to 2024, the housing supply in Dubai is expected to fall short, primarily driven by the escalating rental costs that are compelling both...

Dubai's Upcoming Marvel: The Tallest Residential Clock Tower in the World About Tallest Residential Clock Tower Dubai, a city known for its audacious architectural feats, is set to add a groundbreaking addition to its iconic skyline with the unveiling of plans for the world's tallest residential clock tower. This ambitious project, a collaborative effort between Franck Muller, a distinguished luxury...

Leasehold and Freehold Properties in Dubai Unlocking The Real Estate Opportunities Dubai, a visionary city in the heart of the United Arab Emirates, pioneered a significant shift in real estate ownership, becoming the first in the UAE to grant foreigners the privilege of owning property. This transformation unfolded in two key milestones: In 2001, Dubai embraced the concept of long-term rental...