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Where to look first when buying Dubai property

Choosing the right location can make all the difference There may never be a “right time” to buy property, but with the World Expo 2020 approaching, opportunistic investors have turned their attention to Dubai’s profitable real estate sector. But where should they start looking? Over the last decade, Dubai has continuously expanded southwards towards Abu…

Affordable communities see green shoots of recovery

Majority of agents predict new buyer enquiries, seller instructions and agreed sales to increase in Q1 Residential property prices in some communities in Dubai have begun to show positive month-on-month per cent change for the first time in 12 months. The Property Monitor Index (PMI), which tracks residential sales and rents across Dubai and Abu…

World’s envy, UAE’s pride: LuLu, Majid Al Futtaim

Three retailers from the GCC rank among the top 250 global retailers Three retailers from the GCC, including the UAE’s Lulu Group International and Majid Al Futtaim Holding, ranked among the top 250 global retailers whose combined revenues reached $4.31 trillion in 2015, representing composite growth of 5.2 per cent, according to Deloitte’s 250 global…

Mid-market hotels, homes hold key to drawing tourists, expats

Cityscape Abu Dhabi will showcase investment opportunities for buyers across all price points The demand for affordable lodging is now fiercer than ever, say industry experts, as Abu Dhabi sets its sights on welcoming 7.9 million annual tourists to the region by 2030. With an estimated 74,000 hotel rooms required to host the influx of…