Weekly Newsletter 11.4.22

Weekly Newsletter 11.4.22

Saturday 16 April 2022Wed 16 Feb
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Weekly Newsletter 11.4.22

As we reach the half way point of the holy month of Ramadan we can see that the real estate market has shown no signs of slowing down!

An exclusive look at Sobha Hartland Developments

Inspiring lifestyle, comfort, and luxury living in every detail.

Join Parvana, Liam, and Yash as they take you on a tour of some of the most impressive properties in Dubai and see what makes Sobha Hartland a world-class development.

This is an entire community you're joining, with an 8 million sq. ft waterfront community of luxurious apartments, beautiful villas, and high-end townhouses and all the amenities and services you need at your fingertips. 

Learn more about Sobha Hartland from Parvana on +971 52 648 8876, Liam on +971 58 517 3206, or Yash on +971 50 380 2444, or click the link herehttps://wa.link/tbv7hd

Alternatively, click to WhatsApp our Client Concierge:https://wa.me/97144294444

Luxurious 3 Bedroom Turnkey Duplex Penthouse in No. 9, Dubai Marina

If you desire nothing but the finest in life, then this luxurious waterfront living Penthouse might just be for you.

It's all about the details, and that is exactly where the 3 bedroom Turnkey Duplex Penthouse in No. 9 Dubai Marina comes into play. Let Ryan show you the rest.

Interested? Contact Ryan Hudson on +971 56 192 2814 to see it for yourself

Just another manic Monday for Dubai real estate transactions

408 million dollars worth of transactions were recorded by the Dubai Land Department on Monday and 2,012 transactions were recorded for the first week of Ramadan which equated to  1.4 billion dollars! 

https://www.arabianbusiness.com/money/wealth/money-wealth-real-estate/mercurial-monday-dubai-real-estate-heats-up-with-transactions-worth-408-million-in-a-single-day

Source: Arabian Business

24,600 business licenses were issued in Dubai

Dubai has recorded a 58% rise in new business licenses in Q1 2022 when compared to Q1 2021. In times when countries and cities all across the globe are still heavily focused on their recovery from the Covid-19 pandemic, the UAE is striving for better.

100% ownership of foreign businesses, new legislation that was introduced in 2021, is being utilised by an array of start-up companies which will have a very positive effect on Dubai's economy and real estate sector. The more businesses that start-up in the emirate, the more talent there is who is looking for, not only places to live but offices to build their new businesses in.

https://www.arabianbusiness.com/gcc/uae/uae-industries/dubai-issues-24600-business-licenses-in-q1-2022-as-investor-confidence-in-the-emirates-economy-strengthens

Supply - demand imbalance

Matt Gregory from houza explains the lack of supply in luxury high-end properties in Dubai. According to Reidin Data Analytics, March was the second-highest month on record for transactions over AED 10mn with 199 transactions. The previous record high was in October 2015.

https://www.arabianbusiness.com/opinion/high-net-worth-investors-inflation-driving-supply-demand-imbalance-in-dubai-real-estate

Source: Arabian Business

Dubai Land Department makes all real estate data public!

The Dubai Land Department making all real estate data publicly available is a game changer for the real estate market and one that is welcomed with open arms. The more information sellers, buyers, landlords and tenants have about the real estate choices they make, the better. 

Full transparency will make choices easier and quicker and educate sellers and landlords on realistic market prices and increases trust in the market, for both local and foreign investors alike.

https://www.arabianbusiness.com/money/wealth/money-wealth-real-estate/dubai-land-department-makes-all-real-estate-data-publicly-available-as-emirate-strengthens-transparency

Source: Arabian Business

Noon launches 15 minute delivery service

Noon has certainly delivered with this new service! Even one hour delivery services were a little too long to bear so Noon has come to the rescue! Oh Dubai, we love you! 

https://whatson.ae/2022/04/uae-is-the-travel-industrys-most-recovered-country-in-the-world/

Source: Whats On

 

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