Dubai's Weekly News Snapshot: The Ampersand 01-09-2023

How can you become a millionaire?

In this week’s episode of Taking Care of Business, our Recruitment Director; Kameron Hutchinson, is back with Senior Recruitment Consultant; Jordan Wilks. Together, they delve into the world of recruitment and real estate, shed light on the upcoming recruitment event, and on how you can become a millionaire!

News that caught our attention this week

Emaar Properties announce the redesign of the world’s tallest tower

Emaar Properties has recently announced that the Dubai Creek Tower, which is set to be the world’s tallest tower, is going to see a major redesign concept. Mr. Mohammed Alabbar unveiled the new plans earlier this week.

Want to know all about the new redesign? Take a read.

Dubai Municipality launches a new property portal

Dubai Municipality has launched a new online portal that provides property owners easy access to their land and property data, including construction licences and certificates of completion.

Keen to read further? Check it out.

Want to know how much your neighbours are paying for rent? Take a look at our Data Hub for detailed insights into Dubai’s property purchases.

Record breaking: Dubai records AED 23.1 bn in property sale transactions!

Dubai’s property market is breaking records week on week, but this time around the market welcomed AED 23.1 billion worth of sales transactions from 3,229 deals. The top three transfers for apartments and villas were all in Palm Jumeirah, making it one of the most sought after communities.

Take a read.

UAE non-oil foreign trade hits an all-time high!

Throughout H1 2023, non-oil foreign trade hit an all-time high of AED 1.239 billion with a 16.6% rise in export contribution to foreign trade, while a 22.9% rise was recorded in exports with the top 10 trading partners.

Read more here.

Company Updates

Come home to luxury within this 3-bed in Damac Hills

This villa comes fully-upgraded throughout, furnished and with a newly renovated master bedroom, it offers plenty of open living space and floor to ceiling windows - with plenty of natural light.

Interested?

AED 3,500,000 Ellena Tristram: +971585972468

Trakheesi Permit: 6511539591