Author: Ra'uf Asim Rahal
Residential property market in Dubai continue to rise in month of July 2024 proving aggressive demand and investment in property sector of Dubai. New data evaluating the South African market shared by ValuStrat has shown that monthly increase is 2. 2% and Market VPI is 178. 2 – 28. 5% higher than the data recorded in the previous year. Once again, more points were scored in the villa segment than in the apartment segment, with the villa sub-index reaching 232. 1 points to the apartment index’s 149. 6 points. Both indices start in January 2021 using a base index of…
Dubai is known for changing its skyline gradually and the new generation of mega-projects to be launched is even more futuristic. As the city that brought the world the Burj Khalifa and Palm Jumeirah it’s not surprising that the city still has ambitions with several major projects ongoing. Here we present five projects in Dubai that have stirred a lot of controversy and will be part of the impressive landscape of the city soon. 1. Al Maktoum International Airport: First opened in the year 2010, The Al Maktoum International Airport quite famously, is expected to be the largest airport in…
With the new Mira Coral Bay waterfront Ras Al Khaimah’s hospitality industry remains on the rise with more and more ambitious projects. According to Marjan, the master developer of freehold properties in the region, the new project is in the Al Mairid area. With the collaboration with Mira Developments, Mira Coral Bay is under construction and aimed at significantly changing the area for tourism and investment attractiveness due to luxurious comfort as well as the design borrowed from the corals themselves. Offering the convenience of being 10 minutes away from Ras Al Khaimah downtown and located directly on the Coral…
The Dubai Municipality has recently released version 2 of the Dubai Building Permits the abbreviated name of which is Dubai BPs, this is an android based application that provides services and information on building permits in the Emirate of Dubai. This new version introduces a range of enhancements to enhance the functioning of the program and cover the needs of the owners of buildings under construction, construction companies, and consultants. Among them, there is an important addition in the form of a new widget that can be used to view extended data on the land plots belonging to the owners…
The forum, due to be held in the UAE on October 1st 2024, will attract major players of the world’s business environment, including Arabian businesses, UAE-Russia Investment Forum 2024. The one day conference shall be held in Millennium Dubai Hotel and shall have attendance of many apex executives, prominent CEOs, investors and other business gurus of the public and private domain which would include Arab and global participants. It is recognized that the forum will create an opportunity for the policymakers, specialists, and businessmen to define priorities for the development of the business sector, especially considering the current shifts in…
First half of 2024 results: Al Ansari Financial Services group posted an NPAT of AED 205 million after tax, to be a leading financial services group in the UAE. The group’s EBITDA decreased by 8 percent YoY to AED136 million; however, it displayed robustness and effective management of its business divisions. Yet, one of the key highlights that was noteworthy at Al Ansari was the company’s Worldwide Cash Express money transfer segment, which witnessed a stupendous YoY jump in particular in the third party segment with percentages standing at 118. The transactional value was significantly higher during the year under…
A number of exciting events related to sports are set to happen soon in Abu Dhabi and some of the finest athletics in the world will be coming to town. An exciting NBA Abu Dhabi Games ft. Boston Celtics and Denver Nuggets will be held this October at the Etihad Arena with two enticing pre-season matches on 4th and 6th of the month. Then, on October 26, the ultimate fighting championship UFC 308 will showcase the supreme form of mixed martial arts with ranked fighters such as Max Holloway and Khamzat Chimaev. In November the golf lovers can watch Abu…
Get ready to rock your body: The favorite boy band of the 90s, the backstreet boys, is coming back to Abu Dhabi in October. One of the largest music bands in the global pop scene will take the stage at Etihad Arena during the UFC Showdown Week, on October 23, Wednesday. Tickets for the tournament are available from next week with the cheapest being Dhs295. Pre-sale starts this coming Thursday August 8 at 12 o’clock in the afternoon on livenation. me Make sure that you’re registered to avail of the pre-sale. General access tickets for the event will go up…
Foreseeing the next year public holidays is very crucial as we near the end of yet another year. After the New Year occasions in 2025, the next significant UAE public holiday is Eid Al Fitr. Dealing with the official holidays, there shall be at least three off days for Eid Al Fitr; if Ramadan will last for 30 days, then there shall be / another off day. After the first nine-day weekend, which was held in 2024, people continue to eagerly expect such a long-awaited weekend next year. UAE holidays are Quite a number fall on lunar calendar since the…
It captures the locality’s excellent and affordable family restaurants for lunches with kids or even for teens or even as the perfect eating and drinking place for mum and dad. Limonata: Lively family restaurant with sunloungers and children’s playing area, and the food at Club Vista Mare that comprises of Italian dining. Peaches & Cream: A Beach Club having pool and beachline restaurant along with the kid’s play area at Palm Jumeirah. Reform Social & Grill: A place with a lot of activities, atmosphere, and good food especially with the Lakes having a pub garden and play area. Jones the…