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Dubai International to become world’s busiest airport within this decade

Dubai International expects to become the world’s busiest within this decade, overtaking Beijing and Atlanta, spurred on by the expansion of Emirates airline. The airport, which overtook London Heathrow in 2014, expects passenger traffic to climb to 83 million this year from 78 million last year and expects 90 mllion people using the facility next…

UK property is good for yield, but UAE is better

I have lived in Abu Dhabi for 10 years and want to invest in property either in the UAE or the United Kingdom. Do UK properties yield a good return? Is there a big impact from tax on such properties? Would mortgage borrowing be beneficial in the UK to enhance the yield? Alternatively, is investment…

UAE offers great opportunities for Indian investors

The UAE is home to between 50,000 and 60,000 Indian companies Sharjah: The UAE is a lucrative market for foreign investors, including Indians, given its high quality infrastructure and strategic geographic location, according to industry experts at the Sharjah Foreign Direct Investment (FDI) Forum on Thursday. The UAE has a large Indian population, and is…

Dubai’s tenants get onto the property ladder

Extent of price decline prompt many to make the switch and helped by mortgage support Dubai: The extent of decline in Dubai’s property values may be starting to convince more expatriate residents to opt to buy rather than stay on in rented premises. Over the 12 months ending Q3-16, locations with ready-to-buy apartments such as…