Al Ghurair says crisis is the wrong time to sell assets Business leader says patience, fast decisions and food security capacity matter in crises Abu Dhabi: Abdulaziz Al Ghurair, Chairman of Abdulla Al Ghurair Group, warned business owners and investors against selling assets during a crisis, saying panic decisions can destroy long-term value at the exact moment when opportunities begin to...
The removal of a minimum property value threshold for homeowners is particularly significant as it opens the door for a wider pool of first-time buyers and investors if there’s one thing old-timers of the UAE will always tell you, it’s this — never bet against Dubai. The emirate has a chequered history of proving the naysayers wrong time and again. Wednesday proved to be such a day once again, as...
Limited plots, global wealth flows and scale push Naïa Island to record levels Dubai: The Dh377 million land deal on Naïa Island has become a reference point for how the top end of Dubai’s property market is behaving, where a small pool of global buyers is competing for assets that are characterised by privacy and long-term control. This is a narrow segment, and it...
Dubai ranked second worldwide for growth in prime residential property prices The forecast places the UAE among the fastest-growing markets for high-net-worth individuals globally.Supplied Dubai: The UAE is set to attract a growing number of ultra-wealthy individuals, with the population of those holding more than $30 million in assets projected to rise from 4,851 in...
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