A committee has been formed to review requests from impacted citizens and ascertain appropriate measures to address them. Dubai citizens impacted by the storm are now able to reach out to authorities via WhatsApp to seek assistance for property damages caused by the rainfall. This initiative follows directives from Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, urging authorities to prepare for...
The ambitious multi-country project is estimated to have a land value alone of $6 billion. ARA Real Estate Development and DECA Properties, both based in Dubai, are teaming up with a land-owning company to initiate a series of extensive residential projects across Dubai, Abu Dhabi, the North Emirates, and Europe, with an estimated value of tens of billions of dollars. The land value alone for this...
The real estate market in Dubai is renowned for its innovation and opportunities. The recent declaration that the UAE will maintain a 10-15 percent quota in Dubai properties further emphasizes this reputation. The introduction of new projects by prominent developers brings additional anticipation to the market. In this piece, we will examine the consequences of this quota retention, emphasizing its...
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