Author: Victoria Dickinson

Dubai’s Palm Jumeirah island which is already having luxurious touch is having a street called “Billionaires Row which includes 13 exclusive beachfront villas priced from AED 120 million to AED 300 million which makes it one of the richest areas in Middle East. Billionaires Row is a street in the Frond G which is the premium location in Palm Jumeirah. Here every villa comprises sophisticated comfort such as the zen garden, koi pond, home theatre system, and saltwater swimming pool. Due to scarcity of available plots, the ownership of the property here has developed into a symbol of prestige among…

Dubai and Abu Dhabi city has ranked highest among the global cities on JLL’s 2024 Global Real Estate Transparency Index (GRETI). Dubai is identified among the five largest improvers globally while Abu Dhabi ranks fifth in the list. This is a shift in the right direction in their international standings and can easily be attributed to increased liberalization and transparency with real estate practices. Key Areas of Improvement The UAE cities have been applauded for enhancing their transparency through several initiatives: Scaling digital capabilities: Both cities also have grown programmes in digital real estate platforms. Strong anti-money laundering (AML) regulations:…

The new Kuwait embassy in Abu Dhabi was officially launched by Sheikh Abdullah bin Zayed, Deputy Prime Minister and Minister of Foreign Affairs of the UAE in the presence of Kuwait’s foreign minister, Abdullah Ali Al Yahya Monday. The Belgian Embassy is situated in the Embassies District, Al Ma’arid which also depicts the good commensurate and long-standing bilateral relations between the two countries. This is perhaps as good a place as any to reveal many details of the ceremony of the official opening of the embassy, including the placing of the inscription on the commemorative plaque. Specifically, Sheikh Abdullah stressed…

The event launched by the Dubai Youth Council was the Youth Retreat in Dubai immersed the audience in creative solutions of Emirati youth for improvement of the country future. Supported by H. H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, the retreat hosted more than 80 young leaders, officials of the government, fellows, and experts at the Etihad Museum. Some of the main stakeholders to attend the event were, Dr. Sultan bin Saif Al Neyadi, the Minister of State for Youth Affairs; Omar bin Sultan Al Olama, the Minister of State for…

Purchasing and investing in real estate in the UAE has never been easier, especially with the development of fractional ownership by Konvi and investors can now be a part of the luxury property market at $280 only. As Konvi continue to grow and enter the United Arab Emirates, this unique platform provides those interested with an opportunity to invest in the increasingly competitive luxury real estate market of the country while requiring little to no initial capital investment. Fractional ownership allows investors to purchase a part of a property hence reducing the threshold to invest in real estate. This strategy…

The latest Savills Nomad Executive Index has ranked Dubai as the world’s best location for remote working for the second consecutive year. The ranking is a part of the Savills Impacts programme that evaluated 25 places worldwide suited for permanent distant teams, all of which provide a digital nomad visa or equivalents. Dubai secured the top rank due its amazing attractiveness for executive freelancers in the context of an active, well-connected, and high quality city for work and life upgrades. In all the research, factors that have capabilities of facilitating the working remote workers were assessed such factors include internet…

The Awqaf Dubai have recently revealed details of twenty-one real estate endowment initiatives that are to cost more than AED 202 million ($ 55. 4 million). These initiatives launched by the Endowments and Minors’ Trust Foundation in AWQAF Dubai are in line with the advancement plans of Dubai to diversify endowment investments as well as achieving other objectives of the master plan of Dubai known as Dubai Plan 2033. The projects include development aspects like mall, residential building, shops and mosques among others. :They lie at different points of the design/implementation life cycle and are situated at central locations within…

Latest from Dubai’s real estate landscape is a new video call service that the Dubai Land Department (DLD) has unveiled. Players in the real estate industry including investors, property owners and tenants can now easily get key real estate services via video call and or via whatapp messages this has eliminated rounds of moving to and fro from one office to the other. In collaboration with Injaz Real Estate Registration Trustee, DLD has released the ‘6005AQARI’, an online hub to facilitate faster real estate deals. The launch was headed by Eng. Marwan Ahmed bin Ghalita, Director General of DLD, who…

While Dubai will host approximately the 30th ITS World Congress on September 16-September 20, 2024, some 20,000 participants will convene in the UAE. Taking place at Dubai World Trade Centre and supported by the Roads and Transport Authority, this year’s Congress is particularly special as it is the first ever to be staged in the region. The theme for this year is ‘Mobility Driven by ITS’ – where new breakthroughs and innovations on smart mobility, transportation and green mobility will be highlighted. Entering its third year, the Congress organised by Intelligent Transport in Europe (ERTICO) in partnership with ITS America…

Staring tonight Monday August 19th up to Wednesday August 21st, a blue supermoon will be visible in the night sky of Dubai and the UAE. For sky gazers the moon will be larger and brighter than it will do for some time, due to the fact that it is closer to earth than usual. Supermoon is going to be seen first at about 8PM tonight. On Tuesday, the idea will be even more pronounced as it comes on the giant moon day when the moon looks 15 percent larger and has 28 percent more brightness to the naked eye. The…