February 4, 2024

Dubai is third-richest city in BRICS; Sharjah millionaires to surge 120% in 10 years

Henley & Partners report indicates that wealth is growing at a faster rate in Sharjah compared to Dubai and Abu Dhabi. According to a recent report from Henley & Partners, Dubai holds the position of the third-richest city within the recently expanded BRICS bloc, while the millionaire population in Sharjah is predicted to experience a substantial 120% increase over the next decade. Henley...

Demand for office spaces surge 34%

Buyer leads for office purchases in Dubai experienced a significant increase of 44% In 2023, Dubai's commercial real estate market experienced dynamic activity that exceeded expectations, with a notable surge in demand observed in the office sector. The most recent data from the Dubai Land Department reveals a 34 percent increase in the volume of office space transactions compared to 2022,...

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