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Are you or have you overspent when buying property? Home ownership ambitions of residents in the UAE are alive and kicking with eight out of 10 non-home owners hope to own their dream home in next five years, a new research finds. A study by HSBC shows that while 28 per cent of people in…
Knight Frank’s 2017 Wealth Report has ranked Dubai fourth in the world on its list of cities with the biggest inflow of high net-worth individuals (HNWIs). Dubai attracted about 2,000 of these very affluent people in 2015 – growing the local wealthy population by about 5 per cent, the report said. The Australian cities of…
It may be a building site at present but Forum Group’s XXII Carat development, marked by an eight-foot-high gold hoarding, is attempting to lure the world’s super-rich. Positioned next to the One & Only hotel at the extreme end of Palm Jumeirah’s crescent, the 22 seven-bedroom luxury villas are currently being built by the Russian…
Spending, however, is forecast to stagnate this year Dubai: It’s no secret that life can be expensive. Every month, consumers must set aside money for food, transportation and rent. But just having a decent place to rest our heads at night can already eat away a huge chunk of the budget. The latest data compiled…
Owning a home is a keystone of wealth… both financial affluence and emotional security.