In the third quarter of 2023, Dubai's real estate market experienced unprecedented growth, reaching all-time highs, as per a recent study by ValuStrat. Here, we delve into the key findings and insights from this report. The Villa Price Index (VPI) The Villa Price Index (VPI), a crucial indicator of Dubai's housing sector, witnessed a remarkable surge of 6.1 percent over the previous quarter, soaring...

So, you're delving into Dubai's real estate market and keep hearing about something called "Ejari." What exactly is Ejari, and how does it fit into the world of Dubai real estate? Let's break it down in simple terms. What is Ejari? Ejari is essentially a system that regulates the relationship between landlords and tenants in Dubai. It's an Arabic word that means "my rent," which gives you a hint...

In just a week, Abu Dhabi will proudly unveil one of the world's largest airport terminals – Terminal A at the Abu Dhabi International Airport. Previously known as the Midfield Terminal during its construction phase, this remarkable structure is set to accommodate an astonishing 45 million passengers annually and connect travelers to 117 destinations worldwide. Here's everything you need to know about...

Salman Bin Abdulaziz, the Crown Prince of Saudi Arabia and the head of the Public Investment Fund (PIF), has established ARDARA, a firm with a vision to create a premier tourist destination in the picturesque Aseer region, catering to both domestic and foreign tourists. The PIF's strategic plan revolves around providing unique and captivating experiences throughout the kingdom, aligning perfectly with...

In the third quarter of the year, Dubai's highly coveted residential neighborhoods have seen an astonishing surge in rents, driven by persistently high demand. According to data released by Chestertons MENA on Thursday, villa tenants have witnessed the most substantial spikes in annual housing costs. Notable increases include three-bedroom apartments in Dubai Hills, experiencing a remarkable 46%...

A revolutionary service is on the horizon for UAE citizens and residents, promising to transform the way identification documents are obtained. The Federal Authority of Identity, Citizenship, Customs, and Port Security (ICP) introduced the 'Biometric Self-Enrolment Station' at Gitex 2023, a renowned technology fair held at the Dubai World Trade Centre from October 16 to October 20. This groundbreaking...

Dubai, the epitome of technological advancement, is on the cusp of revolutionizing the way you pay for public transport. The Roads and Transport Authority (RTA) of Dubai is all set to introduce cutting-edge facial recognition technology as a seamless payment method for public transportation fares. This groundbreaking announcement was unveiled during the ongoing GITEX Global 2023 event at the prestigious...

In a testament to the resilience and dynamism of Qatar's real estate market, September 2023 witnessed real estate trading volume totaling QR1,37,617,682, which translates to approximately $284 million. This significant trading activity was recorded through sale contracts filed with the Ministry of Justice's Real Estate Registration Department. Over the course of the month, an impressive 300 real estate...

The Gulf Cooperation Council (GCC) is poised to introduce a game-changing unified tourist visa system that promises to simplify travel across the region and boost tourism within the Gulf states. According to the UAE's Minister of Economy, this significant development is expected to become a reality within the next two years. The decision to implement a single, unified tourist visa system received...

In the UAE, accumulating substantial traffic fines can be a cause of concern for many drivers. However, the Ministry of Interior has introduced a practical solution to help motorists transform their hefty fines into manageable monthly instalments. This initiative, which allows you to divide your fine amounts without incurring profit or interest charges, offers a sigh of relief for those looking to settle...