Blogs

According to the report, Palm Jebel Ali, Creek Tower and NEOM are expected to draw foreign investors in Dubai, in 2024

According to the Lumina Cross-Border Insights 2024 report, NEOM, the ambitious high-tech mega-city of Saudi Arabia‚Äôs Vision 2030 plan, is expected to become a major driver of foreign direct investment (FDI) and UK to Middle East investment in 2024. NEOM, which is expected to cost an incredible $500 billion, is…

Dubai real estate market recorded 50 per cent jump in sales performance in 2023, Soaring to exceed Dh 400 billion by the end of 2023.

Soaring to exceed Dh 400 billion by the end of 2023. The Dubai real estate market witnessed an unprecedented surge in performance throughout 2023. Ahmad Ibrahim, CEO of Avalon Properties expressed astonishment at Dubai's remarkable market performance, soaring to exceed Dh400 billion in 2023 compared to Dh265 billion in 2022…

Dubai’s population growth outstripping property supply by far.

Dubai's residential property market supply has been lagging behind population growth with the affordable segment also witnessing shortage after luxury in certain areas of the emirate. Industry executives say that supply will not be able to keep pace with the demand even in 2024 due to the high influx of…

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