May 2024

Here’s a Sneak Peek at Dubai’s New Airport: Monorail, Green Havens, and Mini Forests

Here’s a Sneak Peek at Dubai’s New Airport: Monorail, Green Havens, and Mini Forests

Al Maktoum International Airport (DWC) is set to be a revolutionary "city within a city" upon its completion. Featuring a sophisticated transportation system, mini-forests, green zones, and an entertainment hub, DWC promises a comprehensive range of amenities including food, beverage, and retail outlets. Vision and Design Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister of the UAE,...

Emaar Group’s Property Sales Surge by 47% Over the Previous Year

Emaar Group’s Property Sales Surge by 47% Over the Previous Year

Emaar Properties PJSC (DFM: EMAAR) has released its Q1-2024 financial results, showcasing robust performance and operational efficiency across its various business segments. Financial Highlights Emaar reported revenues of AED 6.7 billion (US$ 1.8 billion) and a net profit before tax of AED 4.3 billion (US$ 1.2 billion), marking a 16% increase from the same period last year. This growth was driven by a...

Union Properties Advances Turnaround Plan with Q1-2024 Profit Report

Union Properties Advances Turnaround Plan with Q1-2024 Profit Report

Union Properties has reported impressive quarterly revenue and profit gains, highlighting significant progress in its ongoing turnaround plan. The Dubai developer also received favorable resolutions on several long-standing issues, strengthening its path to recovery. Quarterly Financial Highlights In Q1-2024, Union Properties generated Dh138.1 million in revenue from customer contracts, a...

Blue Residency Visa Announced in the UAE: Who Can Apply?

Blue Residency Visa Announced in the UAE: Who Can Apply?

The UAE has unveiled a groundbreaking long-term residency program for environmentalists known as the Blue Residency. This 10-year visa is designed to honor individuals who have made exceptional contributions to environmental protection and sustainability initiatives both within and beyond the UAE. Eligibility for Blue Residency Visa The Blue Residency visa will be granted to individuals who demonstrate...

The Most Expensive Residences in Ras Al Khaimah Unveiled by Luxe Developers

The Most Expensive Residences in Ras Al Khaimah Unveiled by Luxe Developers

The Luxe Developers, a leading real estate development firm based in the UAE, has introduced two ultra-luxurious residences, The Celeste and The Stellar, as part of their Oceano development on Al Marjan Island. Valued at over AED 90 million ($24.4 million) each, these properties set a new benchmark for opulence in Ras Al Khaimah's real estate market, catering to the growing influx of ultra-high-net-worth...

Exploring Luxury Living: Insights from a Dubai Resident Paying Dh94,000 in Business Bay

Exploring Luxury Living: Insights from a Dubai Resident Paying Dh94,000 in Business Bay

In the bustling heart of Dubai's Business Bay, where skyscrapers scrape the sky and dreams are realized, lies a story of luxury living. Meet the man behind the curtains, paying Dh94,000 for his slice of paradise in this great destination. Join us as we delve into the intricacies of his Dubai rent journey, offering insights into the allure of Business Bay and the essence of upscale living. The Dubai...

Dubai Remains Top Globally for Greenfield FDI Projects, Beating Singapore and London

Dubai Remains Top Globally for Greenfield FDI Projects, Beating Singapore and London

Dubai continues to solidify its position as a global hub for investment, with recent data confirming its status as the top destination for greenfield Foreign Direct Investment (FDI) projects. Surpassing renowned financial centers like Singapore and London, Dubai's attractiveness to investors underscores its resilience, strategic location, and business-friendly environment. A Testament to Dubai's...

Khalifa University Ranks in Top 30 Young Universities Globally

Khalifa University Ranks in Top 30 Young Universities Globally

Khalifa University has once again proven its excellence in the realm of higher education by securing a position among the top 30 young universities worldwide. This prestigious achievement underscores the institution's commitment to innovation, research, and academic excellence. Rising to Prominence With its relentless pursuit of academic excellence and innovation, Khalifa University has rapidly ascended...

How to Choose the Perfect Property Investment Strategy

How to Choose the Perfect Property Investment Strategy

Investing in property can be a lucrative way to build wealth, but choosing the right strategy is crucial for success. Whether you're a seasoned investor or just starting, understanding different property investment strategies will help you make informed decisions. In this blog post, we'll explore various strategies and provide tips on how to select the perfect one for your needs. Understanding Property...

How the Government is Acting to Mitigate the Impact of Flooding on Residents

How the Government is Acting to Mitigate the Impact of Flooding on Residents

Flooding poses a significant threat to urban areas, necessitating proactive measures by governments to protect residents and infrastructure. In this blog post, we'll explore various strategies employed by governments to mitigate the impact of flooding, ensuring the safety and well-being of their populations. Read this also : Dubai’s Real Estate Market Trends: What to Expect in 2024 Advanced Warning...

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