The city has been a magnet for millionaires and billionaires, professionals and investors that created a lot of job opportunities in the past two years
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The UAE economy is estimated to have grown by 7.6 per cent last year, the highest in 11 years, after expanding 3.9 per cent in 2021, according to the UAE Central Bank.
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The period from July to September recorded 25,456 sales transactions as market momentum continues
As infection rates in Europe explode and governments tighten restrictions once more, Dubai’s economy is rebounding faster than expected.
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The number of real estate deals touches a 12-year high after rising to 15,926 during the period.
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Dubai’s population is expected to increase from the current 3.4 million to 5.8 million by 2040.
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Dubai’s population reached 3,411,200 at the end of 2020,
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High net worth investors and analysts are betting on a strong recovery in Dubai's economy for 2021, led by strategic sectors such as retail, hospitality, tourism, transport and logistics
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The figures indicate that Dubai’s real estate sector is gradually returning to normal, driven by the stimulus packages and initiatives launched by the government and its departments in the past few months.
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In the first five months of 2020, a total of 13,590 sales transactions were recorded were recorded, collectively worth AED 27.8 billion.
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The new system allows direct interaction between the seller and buyer and the finalisation of procedures through audio-visual communication.
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New report reveals 35 percent decrease in divorce cases in Dubai from 2016 to 2019.
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