Dubai off-plan property prices stabilize after 2023 boom
Real estate in Dubai has skyrocketed in recent years, particularly for those interested in off-plan properties. By 2023, the market had gone through a phase of intense growth, with prices for off-plan properties jumping significantly. However, this momentum could not last forever. By mid-2024, the market was showing signs of [...]
Emirates' first passenger rail stations unveiled
The rail network plays a crucial role in mobility and urban development. With the strategic siting of new stations, the growing demand for transport is not only met, but also transforms the surrounding urban landscapes. Recent station projects in the United Arab Emirates illustrate how these infrastructures can reshape our cities and influence our daily journeys. [...]
Emaar announces a new super-tower in Dubai to rival the Burj Khalifa
Emaar's recent announcement of a new supertower in Dubai has generated a great deal of interest worldwide. This new construction promises to rival the iconic Burj Khalifa, and could well set new standards in architecture and urban design. Using advanced materials and innovative techniques, this tower could become not only the [...]
Sharjah real estate records 700 million euros in August
Sharjah, the pearl of the United Arab Emirates, stands out for its economic dynamism and political stability. In 2024, the emirate's real estate market is experiencing remarkable growth, attracting investors in search of profitable short- and long-term returns. With total transaction volumes reaching impressive heights, let's explore the reasons behind the [...]
Real estate boom in Ras Al Khaimah ahead of Wynn casino opening
Ras Al Khaimah (RAK) is rapidly emerging as a leading real estate hub in the United Arab Emirates, offering investors remarkable opportunities. In just one year, property prices in the region have risen by an impressive 35%, accompanied by attractive rental yields of up to 9%, according to local experts. Imobiliare Dubai points out that Ras Al Khaimah is [...]
Dubai real estate market booms with 40% increase in August
Between towering skyscrapers, sun-drenched beaches and a thriving economy, Dubai's real estate market seems to be booming like never before. In August 2024, real estate transactions showed a notable rise, which continues to attract the attention of local and international investors. Let's explore the different facets of this real estate boom. A significant increase in sales [...]
Dubai strengthens its road network with the opening of two new bridges on Al Khail Road
Dubai continues its spectacular expansion with the introduction of new infrastructure. The latest include two major bridges inaugurated by the Dubai Roads and Transport Authority (RTA). These new constructions promise not only to improve traffic flow, but also to dramatically reduce travel times in this bustling metropolis. New bridges at Zaa'beel and Al [...]
Major changes in UAE labor law
The United Arab Emirates has just announced major changes to its labor legislation, aimed at strengthening regulation and protecting workers' rights. These changes, introduced by Federal Decree-Law No. 9 of 2024, have been in force since August 31, 2024. Let's take a look at the main points of these amendments. Extension of the limitation period [...]
Dubai attracts 691,000 medical tourists with more than 257 million euros in treatments
Dubai is not just a city emblematic of luxury and skyscrapers. In recent years, it has also established itself as a major destination for medical tourism. Many visitors flock here every year, attracted by the quality of care and state-of-the-art infrastructure. Let's find out why Dubai is becoming a leader in the medical tourism [...].
Dubai real estate figures: August 2024
August 2024 marked a period of transition for Dubai's real estate market, with sustained activity but a slight drop in transactions compared to July. The total volume of real estate transactions reached AED 56.95 billion, a decrease of 7% compared to July 2024, but a significant increase of [...].
Dubai Simplifies Real Estate Investment with Video Calling Services
Real estate transactions can often be time-consuming and complicated. But with recent technological advances, it has become possible to simplify this process. The partnership between the Dubai Land Department (DLD) and Injaz Real Estate marks a decisive turning point in the way these transactions are carried out. All this thanks to an innovative platform that makes it possible to carry out [...]
Abu Dhabi Rents Rise Following Launch of New Rental Index
Abu Dhabi's real estate market has been expanding significantly in recent times. According to Rashed Al Omaira, Acting General Manager of the Abu Dhabi Real Estate Centre (Adrec), demand for properties is steadily increasing. To respond to this growth and offer greater transparency, the emirate plans to update its rental index on a quarterly basis. Market growth [...]
Dubai International Airport expects to welcome 3.43 million passengers by the end of summer
As the summer vacations draw to a close, Dubai International Airport (DXB) prepares to welcome a massive influx of travelers. Expected to receive over 3.4 million passengers over the next few days, DXB continues to strengthen its position as the world's leading hub. Let's take a closer look at how DXB is managing this [...].
New agreements between Dubai Land Department and 7 real estate developers
Dubai real estate is undergoing an unprecedented transformation thanks to a major initiative between the Dubai Land Department (DLD) and seven leading developers. These agreements aim to strengthen collaboration with the private sector, improve the efficiency of real estate services and increase market transparency. Find out how these changes will affect real estate transactions in this article. An initiative to [...]
Dubai officially approves Bitcoin and cryptocurrencies for salary payments
The Dubai Court of First Instance recently recognized cryptocurrency as a valid form of wage payment. This decision marks a major turning point in the United Arab Emirates' approach to digital currencies. Let's take a look back at the implications of this breakthrough and its future impact. A landmark decision on cryptocurrency salaries Dubai is no stranger to [...].
Emirates tighten labor laws with new regulations
Recent amendments to labor laws in the United Arab Emirates (UAE) signify a significant change in the way labor relations are governed. The new regulations aim to strengthen protection for both workers and employers, while imposing severe penalties for non-compliance. For anyone working or having a [...]
Dubai plans 25,000 new homes before the end of the year
Dubai's real estate market continues to grow at an impressive pace, with forecasts indicating the addition of 25,000 new homes by the end of the year. This rapid expansion is fuelled by strong demand for off-plan projects, a trend that remains a major attraction for expatriates and international investors. [...]
Dubai breaks record with 9.31 million visitors in the first half of 2024
Dubai: a destination of choice, attracting a record number of international visitors in 2024 In 2024, Dubai continues to establish itself as a must-see tourist destination. The first half of the year saw the emirate attract an impressive 9.31 million international visitors, marking a 9% increase on the previous year. This growth testifies to the emirate's ongoing efforts to [...]
The United Arab Emirates offer a 2-month grace period to regularize residence visas
New UAE government initiatives for visa violators Recently, the United Arab Emirates (UAE) authorities introduced a key measure enabling residents who have violated the terms of their visas to regularize their situation. The two-month grace period is attracting a great deal of interest from both nationals and [...].
Dubai tests the 4-day week and cuts summer working hours
Dubai's flexible summer program: an innovative model for employee well-being and performance Dubai is breaking new ground again with an avant-garde initiative aimed at improving the quality of life and professional performance of its government employees. With the launch of the "Our Summer is Flexible" program, the Dubai Government's Human Resources Department aims to redefine [...].
95% of expatriates in the Emirates note a financial improvement in 2024
Expats in the United Arab Emirates: better off financially in 2024 Expats living in the United Arab Emirates (UAE) are feeling a marked improvement in their financial situation. According to a recent survey, 95% of them claim to be in a better or slightly better financial situation than a year ago. This article explores the main reasons behind this [...].
Dubai off-plan property prices set to rise by 15% in the second half of 2024
The real estate market outlook in the United Arab Emirates in 2024 The real estate market in the United Arab Emirates is poised for substantial price increases, particularly in the off-plan segments of Dubai, Abu Dhabi and Ras Al Khaimah. This trend is being fuelled by a number of factors, including rising construction costs and the [...]
Dubai Airport sets record with 44.9 million passengers in the first half of 2024
Dubai: Phenomenal airport growth in the first half of 2024 At the start of 2024, Dubai International Airport (DXB) recorded record passenger numbers. This notable growth reflects not only the growing appeal of the city of Dubai to travelers from all over the world, but also the emirate's economic dynamism. Let's take a closer look [...]
Dubai real estate figures: July 2024
In July 2024, Dubai's real estate market posted a notable performance, with the total value of transactions reaching AED 61,127,350,506. This represents an increase of 7% on June 2024 and 23% on July 2023. Land transactions accounted for 42.60% of the total, [...].
Why are the Dubai Islands an investment gem?
Dubai Islands: an investment gem in the heart of the Arabian Gulf Discover why the Dubai Islands have become a preferred destination for investors and luxury enthusiasts. Combining natural beauty and modern comforts, this man-made archipelago offers an exceptional living environment close to the emirate's main business districts and attractions. In this article, we take a look at the [...]