February 2024

Revolutionizing Saudi Arabia's Housing Sector: PwC Advocates for Off-Plan Residential Offerings to Address a 1.5 Million Unit Shortage

Revolutionizing Saudi Arabia’s Housing Sector: PwC Advocates for Off-Plan Residential Offerings to Address a 1.5 Million Unit Shortage

Unlocking valuable insights, PwC Middle East's latest report titled "Saudi Arabia’s off-plan market: A driving force fueling a vibrant and sustainable society" sheds light on the pivotal role off-plan sales models can play in alleviating the housing gap of 1.5 million units in Saudi Arabia. This strategic approach not only enhances the efficacy and affordability of the real estate market but also aligns...

Ensuring a Smooth Start: Understanding UAE School Age Requirements for 2024

Ensuring a Smooth Start: Understanding UAE School Age Requirements for 2024

Embarking on the journey of sending your child to school is a momentous occasion for parents, filled with excitement and perhaps a touch of anxiety. Navigating the enrollment process becomes crucial, particularly when considering the minimum age requirements set by the Ministry of Education (MOE) in the UAE, as outlined in Resolution No. 24, effective since 2021. Read this also : In January 2024, Abu...

In January 2024, Abu Dhabi’s Real Estate Transactions Surpass $1.36 Billion Mark

In January 2024, Abu Dhabi’s Real Estate Transactions Surpass $1.36 Billion Mark

In the initial month of 2024, Abu Dhabi's real estate market witnessed a remarkable surge, with transactions reaching an impressive $1.36 billion. A total of 1,386 sales and mortgages were recorded across diverse real estate units in the Emirate, contributing to a substantial AED 5 billion in total real estate transactions. Read this also : Bur Dubai Area Guide: Unveiling the Charms of Mainland...

Bur Dubai Area Guide: Unveiling the Charms of Mainland Dubai

Bur Dubai Area Guide: Unveiling the Charms of Mainland Dubai

Discover the historical tapestry of Bur Dubai, nestled on the western side of Dubai Creek. Once connected by traditional Abras, this district has evolved, now linked by the Floating Bridge, Al Maktoum Bridge, and Al Shindagha Tunnel, seamlessly connecting Bur Dubai and Deira. Immerse yourself in the Al Fahidi Historical District, fondly known as Bastakiya Dubai. Read this also : Dubai Office Space...

Dubai Office Space Market Defies Remote Work Expectations with 44,000 Square Meters of New Developments

Dubai Office Space Market Defies Remote Work Expectations with 44,000 Square Meters of New Developments

In a surprising move contradicting remote work expectations, Dubai is set to witness the construction of 44,000 square meters of high-quality office space in free zones during 2024, responding to the city's surging demand. Read this also : In 10 Years, Sharjah Millionaires Projected to Surge by 120%; Dubai Ranks Third in BRICS Bloc Wealth Commercial real estate company CRC's report reveals plans for...

In 10 Years, Sharjah Millionaires Projected to Surge by 120%; Dubai Ranks Third in BRICS Bloc Wealth

In 10 Years, Sharjah Millionaires Projected to Surge by 120%; Dubai Ranks Third in BRICS Bloc Wealth

A recent report by Henley & Partners reveals a significant surge of 120% in Sharjah's millionaire population over the next decade. This projection positions Dubai as the third-richest city within the newly expanded BRICS bloc. Read this also : Uptown Dubai’s Second Phase Breaks Ground Dubai has secured its spot among the top ten wealthiest cities in emerging markets, experiencing a remarkable...

Uptown Dubai’s Second Phase Breaks Ground

Uptown Dubai’s Second Phase Breaks Ground

DMCC, a flagship free zone and Government of Dubai Authority on commodities trade and enterprise, is expanding its real estate portfolio with the commencement of the second phase of Uptown Dubai. The groundbreaking ceremony, led by Swissboring Overseas Piling Corporation for foundation and enabling work, marks a significant milestone in the development. Read this also : Yas Holding’s Taraf Launches...

Yas Holding's Taraf Launches Luxury Residences "Cello" in Jumeirah Village Circle

Yas Holding’s Taraf Launches Luxury Residences “Cello” in Jumeirah Village Circle

A new pinnacle of refined living emerges as Taraf, the real estate division of Yas Holding, introduces a collection of premium residences at the heart of Jumeirah Village Circle (JVC) in Dubai. This venture signifies a sophisticated blend of modern design and lifestyle, reinforcing Yas Holding's commitment to excellence in the United Arab Emirates' real estate landscape. Read this also : Sharjah’s...

Sharjah's Real Estate Market Achieves 6-Year High in 2023 Transactions

Sharjah’s Real Estate Market Achieves 6-Year High in 2023 Transactions

In 2023, Sharjah witnessed a remarkable surge in real estate transactions, reaching its highest level since 2017. This upswing indicates a growing interest among capitalists, businesspeople, and investors, driven by the potential for significant returns in both short- and long-term scenarios. The Sharjah Real Estate Registration Department reported a substantial 13% increase in the volume of property...

Navigating Dubai Service Charges: A Comprehensive Guide for Home Buyers

Navigating Dubai Service Charges: A Comprehensive Guide for Home Buyers

Are you considering purchasing a home, villa, or apartment in Dubai? It's crucial to acquaint yourself with the city's applicable service charges. In this blog post, we'll provide a thorough overview of Dubai service fees, shedding light on government-imposed charges and offering advice on managing your expenses efficiently. Whether you're a novice buyer or an experienced investor, this post is tailored to...

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