Friday 09 August 2024Friday 09 August 2024
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Dubai's Weekly News Snapshot: The Ampersand 09-08-2024
As we close off the first half of 2024, Dubai’s property market has shown impressive growth across all residential sectors with no signs of slowing down.
Don't Make These Mistakes When Buying And Selling Your Property
How can you speed up your property deal? And how long should a transaction really take?
This week, Paul Kelly, our Operations Director, sits down with Jess Stephenson, our Head of Sales Progression, to uncover the secrets to a smoother transaction. Learn about common mistakes to avoid, expert tips, and how our team pulled off a last-minute deal at a private jet terminal!
This week’s hottest headlines!
Dubai South’s beachfront announces 90% completion
The first phase of The Pulse Beachfront consists of 251 units and it is slated for completion by year-end. Upon launch, all 788 villas and townhouses were quickly sold out with the high demand and appeal of this unique development.
Dubai-based businesses have a new corporate tax deadline for June-licensed companies
The UAE Federal Tax Authority has set an important deadline for businesses licensed in June to submit their Corporate Tax registration applications by August 31, 2024. This deadline follows the Federal Tax Authority Decision No. 3 of 2024, which was implemented on March 1, 2024.
Commercial air taxi flights are set to start in Dubai as early as 2025
With the help of the Dubai-based private aviation operator, Air Chateau, Dubai is set to welcome a new fleet of private air taxis, aiming to make travel faster and more efficient. They are capable of carrying up to five passengers plus a pilot, with speeds reaching up to 180 km/h.
Dubai Airport hits record numbers, with nearly 45 million passengers in H1
Dubai International Airport (DXB) is buzzing with activity, having welcomed nearly 45 million passengers in the first half of the year alone - a solid 8% jump compared to last year! Airport officials are now predicting to welcome a record-breaking 91.8 million passengers by the end of the year.
HOT OFF THE PRESS!
Lewis Allsopp - CW Property
What are Dubai’s top 10 high-rental yielding communities?
Click here to read what Lewis has to say in the print edition of CW Property!