Real Estate

For the third consecutive year, Dubai holds the top spot in the Tripadvisor rankings. In the Tripadvisor Travellers' Choice Awards, Dubai has clinched the title of the world's most popular tourist destination. For the third consecutive year, the emirate has secured the top spot in the destination rankings, underscoring its well-established status as a global tourism hotspot. The awards rely on public...

There was a significant increase in buyers from Egypt, Lebanon, Pakistan and Turkey In 2023, Betterhomes' latest data indicates that Indian property investors have overtaken Russians to become the foremost buyers of real estate in Dubai. The statistics show British and Russian buyers securing the second and third positions, respectively. This contrasts with the 2022 landscape, where Russians, British, and...

Scheduled for February 28, the unique aerial competition will take place concurrently with the Dubai Boat Show, allowing exhibition visitors to witness the event. The inaugural Dubai Jet Suit Race, declared by the Dubai Sports Council, will mark the world's first competitive event where participants take to the air without the assistance of an aircraft. Instead, contenders will navigate a predefined...

Privately, developers, investors, and brokers are inquiring about the potential speed at which the market might undergo a turnaround. Dubai's property market, once soaring with cranes dotting the skyline and luxury homes changing hands at record prices, is displaying signs of a potential slowdown. Developers and investors are cautiously assessing the risk of a correction...