August 2024

DMCC to Expand Real Estate and Business Operations in H1 2024

DMCC to Expand Real Estate and Business Operations in H1 2024

With substantial improvements, DMCC to Expand Real Estate and Business Operations in H1 2024, the Dubai Multi Commodities Centre (DMCC) today supports about 25,000 enterprises in its business district. This follows the addition of 1,023 new businesses in the first half of 2024. In addition to increasing its proportion of foreign direct investment (FDI) to 15% from 11% the previous year, DMCC has raised...

In Dubai’s Luxury Projects, Hitches & Glitches (H&G) Sees Unprecedented Demand for Home Maintenance

In Dubai’s Luxury Projects, Hitches & Glitches (H&G) Sees Unprecedented Demand for Home Maintenance

In Dubai’s Luxury Projects, Hitches & Glitches (H&G) Sees Unprecedented Demand for Home Maintenancet in the United Arab Emirates and part of the Farnek Group, has noticed an unheard-of rise in demand for home maintenance services in Dubai's luxury projects and elite residential real estate market. One major contract that H&G was able to acquire was for an opulent residence on Jumeirah Bay...

The Future of Waterfront Living in Dubai: Trends and Developments to Watch

The Future of Waterfront Living in Dubai: Trends and Developments to Watch

Dubai's beachfront real estate has always been associated with exclusivity and elegance, and both buyers and investors are drawn to these properties. Due to the city's exceptional location on the Persian Gulf, there are few possibilities for breathtaking waterfront living, and new and ongoing initiatives are expected to completely change this market niche. Here are some trends and advancements influencing...

Luxury Living in Dubai: A Look at the Most Prestigious Residential Towers

Luxury Living in Dubai: A Look at the Most Prestigious Residential Towers

Known for its lavish lifestyle, Dubai is home to some of the most renowned residential skyscrapers globally. These towers give its occupants an unmatched lifestyle in addition to gorgeous architecture and cutting-edge amenities. In this blog article, titled 'Luxury Living in Dubai: A Look at the Most Prestigious Residential Towers,' we'll examine five of Dubai's most opulent residential skyscrapers,...

Why Dubai Remains a Top Destination for Global Property Investors in 2024

Why Dubai Remains a Top Destination for Global Property Investors in 2024

As 2024 approaches, Why Dubai Remains a Top Destination for Global Property Investors in 2024 is evident in the city's continued attractiveness, influenced by factors such as its strong infrastructure, tax advantages, and leisure activities. Here's a detailed look at the reasons Dubai continues to draw foreign real estate investors. 1. Tax Advantages The advantageous tax climate in Dubai is one of the...

Rescheduling Your Emirates ID Biometric Appointment Online in the UAE

Rescheduling Your Emirates ID Biometric Appointment Online in the UAE

Upon submitting an application for the first time, you will be required to submit biometric information, including a fingerprint and an iris scan. You need to make an appointment at a customer satisfaction center run by the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) in order to finish this process. If you need to reschedule, it’s simple to do so online at...

DXB Welcomes Record 44.9 Million Guests in First Half of 2024, Boosting Dubai’s Economy

DXB Welcomes Record 44.9 Million Guests in First Half of 2024, Boosting Dubai’s Economy

Dubai International (DXB) achieved a milestone by DXB Welcomes Record 44.9 Million Guests in First Half of 2024, Boosting Dubai’s Economy. This significant achievement sets a new benchmark for its impact on the city's economic landscape. With an 8% increase in visitors compared to the previous year, DXB has strengthened its position as the world's top gateway. This growth is attributed to the...

Union Properties to Launch Dh5 Billion Projects Despite Dh18.3 Million Net Profit in Q1 2024

Union Properties to Launch Dh5 Billion Projects Despite Dh18.3 Million Net Profit in Q1 2024

Developer Union Properties, a well-known company in Dubai, announced a Dh18.3 million net profit for the first quarter of 2024, reinforcing its plans for Union Properties to Launch Dh5 Billion Projects Despite Dh18.3 Million Net Profit in Q1 2024. This favorable result demonstrates the success of its strong operating plans and cost-cutting initiatives, highlighting the business's triumphant comeback...

Why Dubai is Cheaper for $2M Property Deals Than Major Cities

Why Dubai is Cheaper for $2M Property Deals Than Major Cities

The luxury residential real estate market in Dubai has experienced the fastest growth rate in the world in 2023, and with Why Dubai is Cheaper for $2M Property Deals Than Major Cities, it is predicted to continue its strong performance in 2024, surpassing almost all major cities. Read this also: The real estate boom in Dubai increases Emaar’s net profit to Dh7.8 billion, up 33%. In recent years,...

The real estate boom in Dubai increases Emaar's net profit to Dh7.8 billion, up 33%.

The real estate boom in Dubai increases Emaar’s net profit to Dh7.8 billion, up 33%.

The real estate boom in Dubai increases Emaar's net profit to Dh7.8 billion, up 33%. The home market continues to be the main driver of Emaar Group's success; in H1-2024, revenues rose by 17% to Dh14.4 billion, with a Dh7.8 billion net profit before taxes. That is a staggering 33% rise over the prior year. Emaar’s impressive performance highlights the robust health of Dubai’s real estate sector,...

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