Dubai's Weekly News Snapshot: The Ampersand 17-05-2024

#ICYMI - The World's Biggest Airport Revealed! Dubai's Evolution To Prepare For 250 Million Travellers

On last week’s episode of Taking Care of Business - the brothers are back!

Lewis Allsopp, Chairman of Allsopp & Allsopp, and Carl Allsopp, CEO of Allsopp & Allsopp, break down the biggest Q1 real estate trends and the news headlines set to push the market even further.

Tune in to find out how many sales occurred below AED 3 million, what’s driving rental viewings up by 126%, and what you can expect in Q2 2024.

This week’s hottest headlines!

Sheikh Hamdan launches the Quality of Life Strategy 2033 in Dubai

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai recently greenlit the Dubai Quality of Life Strategy 2033, which is set to mark a significant leap towards elevating the well-being and experiences of residents and investors in Dubai.

This comprehensive plan includes more than 200 projects and initiatives.

Want to check it out? Click here.

Dubai announces the all-new 10-year Blue Visas!

The United Arab Emirates has unveiled a new 10-year Blue Residency visa for residents who are actively contributing to both marine and land environmental protection.

You can read more here.

Dubai Mangroves: The world’s largest restoration project announced!

Dubai Mangroves will serve as natural habitats, enhancing seagrass beds and coral reefs while providing valuable ecological benefits.

Set to stretch across 72 kilometres of coastline, this stunning project aims to plant over 100 million mangrove trees, marking it as the largest coastal regeneration project of its kind globally.

Take a look here.

SORA Beach Residences come on board Al Marjan Islands!

SORA is set to be a luxurious waterfront development located on the shores of Al Marjan Island in Ras Al Khaimah.

Valued at AED 4 billion ($1.1 billion), this landmark project is situated by the water, where residents can expect an array of top-of-the-line amenities. With a built-up area of 1.8 million square feet, the property will feature 18 floors of sea views from every residence!

Wanna check it out? Click here.

HOT OFF THE PRESS!

Lewis Allsopp - Arabian Business

How is the new mega Al Maktoum International Airport set to drive real estate growth in Dubai South?

Click here to find out what our Chairman; Lewis Allsopp has to share!

Paul Kelly - Khaleej Times

How will the real estate market benefit from property websites linking listings with the Dubai Land Department’s systems to avoid fake listings and fines?

Take a look at what our Operations Director; Paul Kelly has said!

Company Updates

Experience European living in the heart of Jumeirah Islands

Come home to this upgraded five-bedroom villa in the European Cluster, Jumeirah Islands.

Built on a huge plot, this fully upgraded villa offers top of the line amenities, smart home features and its very own private pool.

For sale - AED 21,500,000 - Contact Jamal Tuzgani to book a viewing!

Trakheesi Permit: 6586609000