Gulf Cooperation Council

UAE Real Estate Yields Expected to Remain Strong: Study

UAE Real Estate Yields Expected to Remain Strong: Study

A recent report released on Wednesday reveals that prime residential real estate in the United Arab Emirates is poised to yield between 6.25% and 7%. According to CBRE Research’s 2024 Market Outlook for Middle East real estate, residential properties are projected to yield between 7% and 7.5%. Within the office sector, the anticipated yields for prime offices range from 6.5%...

Unified Gulf Tourist Visa Set to Boost Regional Travel Within Two Years

Unified Gulf Tourist Visa Set to Boost Regional Travel Within Two Years

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...

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