Dubai Recorded Nearly 15 Million Visitors during the First Ten Months of 2024
Dubai is a city that effortlessly blends modernity with tradition, establishing itself as a global symbol of luxury and progress. With its iconic skyline, and diverse cultural experiences, Dubai has become one of the most sought-after destinations worldwide. In 2024, the city welcomed 14.96 million visitors between January and October, marking an 8% increase […]
Dubai to Upgrade Roads in 19 Areas, Cutting Travel Time by 40%
Dubai, a city known for its rapid growth and forward-thinking approach to urban development, is once again making headlines with a major infrastructure upgrade aimed at enhancing the commuting experience for its residents. As part of its ongoing efforts to optimise Dubai’s transportation infrastructure, the RTA is spearheading an ambitious project to upgrade roads […]
Dubai Securities and Exchange Marks DFM’s $218bn Market Cap
Dubai’s capital market continues to captivate international attention with its extraordinary growth. In 2024, the Dubai Financial Market achieved a remarkable milestone with its market capitalisation crossing AED801 Billion($218.1 billion) by early December. This reflects a 100% increase since 2022, positioning Dubai as a dynamic financial hub. International investors have significantly contributed to Dubai’s […]
UAE Hotel Revenue Reaches $9.1 Billion in Nine Months
The UAE continues to strengthen its status as a global tourism leader, with its hotel sector achieving remarkable milestones in the first nine months of 2024. Hotel establishments across the nation recorded an impressive AED 33.5 billion ($9.1 billion) in revenue during this period, marking a four percent increase compared to the same period last […]
Dubai Rents Jump 21% to $24,600, with $8.3b in Apartment and Off-plan Sales
Dubai’s real estate market has been recognized for its ability to adapt to global economic shifts offering a combination of luxurious properties and an attractive investment climate. This was more evident in November, when the market posted impressive figures, further cementing the city’s position as a leader in the global property landscape. In November […]
Sheikh Mohammad Introduces Dh7-Million Award for Reducing Bureaucracy
The story of UAE is one of constant progress and the drive to excellence. Whether it’s improving government services, encouraging young entrepreneurs, or protecting the country’s cultural heritage, the UAE leads with innovation and clear vision. As 2024 comes to an end, the UAE Cabinet, led by Sheikh Rashid held a meeting to approve a […]
Palm Jebel Ali Dubai’s Waterfront Development Achieves Major Milestones
The dynamic landscape of Dubai’s real estate sector has once again been reshaped with the rapid advancements in the Palm Jebel Ali development. Spearheaded by Nakheel, a subsidiary of Dubai Holding, this project will redefine waterfront living, bringing innovation, luxury, and sustainability to the forefront. A Vision Approved by Dubai’s Leader In May 2023, […]
Sheikh Mohammed Approves Plan for 6,500km Pedestrian Network in Dubai
Dubai, a global symbol of innovation and progress, stands as a testament to visionary leadership and a constant drive for excellence. Over the years, it has transformed into a leading international business hub and home to some of the world’s most iconic landmarks, setting new standards in urban planning and quality of life. Building […]
Dubai Off-Plan Property Sales Rise by More than 50% as Demand Exceeds Supply
Dubai’s real estate sector continues to demonstrate remarkable resilience and robust growth, with off-plan property sales leading the charge. According to JLL’s latest Market Dynamics report, off-plan sales in Q3 surged by over 50%, highlighting the ongoing strength of the market. Off-Plan Property Sales Drive Market Growth The residential market has experienced significant growth, […]
Sheikh Hamdan Approves Dh750 Million to Attract Talent in Innovation
Dubai has long been synonymous with transformation, and global leadership. As a city that bridges continents and cultures, it has continuously redefined possibilities. Under the visionary leadership of Sheikh Mohammed bin Rashid Al Maktoum, Dubai has adopted a forward-thinking strategy to reinforce its position as a global leader in innovation and development. In line […]
