Category: Dubai
EFCC clamps down on real estate investors over money laundering – Guardian Nigeria
EFCC has continued to ensure estate surveying and valuation firms subscribe to an alert system and conduct screening before on-boarding customers as part of the ongoing due diligence to curb money laundering. The scrutiny is affecting transactions in the commercial real estate market, CHINEDUM UWAEGBULAM reports. • Prospective investors shy away from investments• Scrutiny dampens transactions for high-end properties Rising security agency’s scrutiny may have dented the momentum of demand in the real estate market in major cities, lowering investments in high-end properties. The situation reached its peak recently, when…
Read MoreDubai A Refined Investment & Luxury Living Getaway – Realty Plus Magazine
What makes a city attractive to the ultra-high net worth individuals (UHNWI)? Most of us would guess the availability of prime luxurious real estate. Interestingly, there are multiple factors apart from simple availability that get eyeballs from wealthy investors. Government stability, low crime rate, quick policy execution and security of the assets being some of the key factors. Dubai’s blend of rich cultural history and modern infrastructure makes it an appealing choice for affluent investors seeking growth, stability, and a luxurious lifestyle. The prices for top-tier properties in Dubai have…
Read MoreOYO launches its first high-end hotel in Dubai – Prop News Time
Travel tech platform OYO has just announced a game-changer for Indian tourists – the opening of its first high-end hotel in Dubai, the Palette Royal Reflections Hotel and Spa. This exciting development caters specifically to the growing number of Indian tourists visiting the city, estimated to surpass 100,000 in 2024. The newly opened Palette Royal Reflections Hotel and Spa offers Indian tourists a chance to experience Dubai’s luxurious side without breaking the bank. OYO, known for its budget-friendly accommodations with over 1.5 million rooms globally, is strategically expanding its portfolio…
Read MoreUAE Golden Visa: Why More Employees With 10-Year Residency Buy Dubai Properties – MENAFN.COM
(MENAFN– Khaleej Times) The UAE professionals holding Golden Visa are increasingly buying properties in Dubai to beat rising rentals as they intend to stay in the emirate longer, making sure they get a higher Return on investment (RoI) by purchasing properties at a lower price. The long-term residency visa is awarded to investors and professionals across various categories such as doctors, engineers in different fields, PhD degree holders, outstanding students, scientists and others. Stay up to date with the latest news. Follow KT on WhatsApp Channels. In 2023, Golden Visas…
Read MoreUAE Golden Visa: Why more employees with 10-year residency buy Dubai properties – Khaleej Times
Published: Sun 7 Jul 2024, 11:54 AM Last updated: Sun 7 Jul 2024, 12:08 PM The UAE professionals holding Golden Visa are increasingly buying properties in Dubai to beat rising rentals as they intend to stay in the emirate longer, making sure they get a higher Return on Investment (RoI) by purchasing properties at a lower price. The long-term residency visa is awarded to investors and professionals across various categories such as doctors, engineers in different fields, PhD degree holders, outstanding students, scientists and others. Stay up to date with…
Read MoreDubai: Property prices not yet peaked, says billionaire – Khaleej Times
Published: Mon 27 Nov 2023, 6:00 AM Last updated: Mon 27 Nov 2023, 10:09 PM Dubai-based billionaire Balvinder Singh Sahni – popularly known as Abu Sabah – stresses that Dubai’s property market has not yet reached its peak. “Earlier, Dubai was receiving different types of investors mostly coming from 2-3 countries such as Iran, India, Pakistan and Britain. Today, there are real end-users. Now we have Russians, Italians, Germans, Americans, Canadians and Indonesians coming also. That too in big portion,” said Sahni, chairman of RSG Group. “Investors are coming to…
Read MoreNew Luxury Landmark: Fairmont Residences Solara Tower Dubai by Fairmont and SOL Properties – Travel And Tour World
Home » TRAVEL NEWS » New Luxury Landmark: Fairmont Residences Solara Tower Dubai by Fairmont and SOL Properties Saturday, July 6, 2024 Reading Time: 2 minutes Fairmont Hotels & Resorts, a renowned luxury hotel brand under the Accor group, has teamed up with SOL Properties, a prominent UAE developer, to launch Fairmont Residences Solara Tower Dubai. This private residence development aims to redefine luxury real estate in Downtown Dubai and is set for completion by Q3 2027. Fairmont Residences Solara Tower Dubai blends Fairmont’s high standards and global luxury hospitality…
Read MoreRevealed: Dubai Off-Plan Launches With The Highest Returns – Allsopp & Allsopp
On this week’s episode of Taking Care of Business, join Operations Director; Paul Kelly alongside our Head of Off-plan; Fintan Flannelly, to chat about all things off-plan properties in the market. Uncover how many millionaires are migrating to Dubai and where they are investing, which new developers have come into the city, the different types of payment plans for off-plan properties and where Dubai’s future master communities will be located. Let’s take a dive into everything that was spoken… Diving into Dubai’s off-plan property market overview The episode kicks off…
Read MoreFairmont and SOL Properties Unveil Exclusive Fairmont Residences Solara Tower in Dubai – Travel And Tour World
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