Dubai's Weekly News Snapshot: The Ampersand 04-08-2023
Friday 04 August 2023Wed 16 Feb
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Holiday Homes unpacked: 30% ROI and our Marriott Bonvoy Partnership
In this week's episode of Taking Care of Business, Recruitment Director; Kameron Hutchinson is joined by our Head of Holiday Homes; Sheena Arila. They talk about all-things holiday homes, what are Dubai’s top performing areas, how you can get 30% ROI on your property and what’s brewing between Allsopp & Allsopp and Marriott Homes and Villas.
News that caught our attention this week
Dubai’s tech and finance hub sees a 23% rise in new business registrations!
Dubai International Financial Centre in H1 2023 has seen their new business registrations up by 23%, with 661 new companies signing up. This generated 3,000 new jobs bringing the total workforce in DIFC up at 39,140 individuals!
Take a look at some of our attractive commercial listings in DIFC!
Dubai-based Samana Developers launch their newest project in Al Furjan
The California Project worth AED 215 million, is in Al Furjan. Featuring 178 apartments, ranging from studios to two-beds, it would host luxurious amenities such as a leisure pool deck, cinema, barbecue area and more.
Keen to know more about this project? Get in touch with our Head of Developer Sales; Fintan Flannelly.
Holiday Homes and hotels set to see a surge in demand for COP28
As the UN climate conference COP28 approaches, multiple hotels and Allsopp & Allsopp Holiday Homes have started seeing a large volume of bookings between November 30 and December 12. Investors with short term rentals on the market can see ROI surge by 30% during this period.
Keen to know how you can generate a high ROI? Get in touch with our Head of Holiday Homes; Sheena Arila.
Dubai launches new AI-generated pedestrian crossings
In line with Dubai’s 2040 Urban Master Plan, 14 new AI-generated crossings have been launched in Dubai Silicon Oasis, known as the “Real-Time Perception and Connectivity AI Platform”.
It’s a system that detects pedestrians, cyclists, and other vulnerable road users with precision, integrating seamlessly with road infrastructure to enhance safety measures.
Want to know more? Read here.
HOT OFF THE PRESS
Lewis Allsopp - The National
What’s next for Dubai’s property market? Take a look at what Lewis Allsopp has to say!
Read here.
Experience a slice of paradise within this six-bedroom at The Villa!
Check out this newly upgraded, custom built six-bedroom villa is situated in The Adela community in the stunning suburbs of Dubailand.
It faces the park, hosts a private pool, sun terrace, gym, basement and rooftop. ???? AED 10,000,000 ☎️ Chris Ralph: +971585085120 Trakheesi Permit: 6528310200