The Allsopp & Allsopp Dubai Property Market Report for Q3 2024 is now availableRead the report
Friday 22 April 2022Friday 22 April 2022
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Weekly Newsletter 18.4.22
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.
This week brought huge news from the UAE cabinet on implementation of a visa overhaul! The UAE cabinet is making strong moves to encourage skilled workers to the country and the visa overhaul is a huge step in this direction. Golden visas becoming easier to gain and green visas being available for visa holders' family members is excellent news. Not to mention visas for property investors - you can read all about it below!
An “Updateable” Episode on Visa’s, Investors and a Booming Market
In this bite size episode of Taking Care of Business, Lewis and Carl discuss the new Golden Visa updates which make it easier for residents to live in Dubai for the long term, and the implications this will have on the market.
They also discuss the new level of transparency created by the Dubai Land Department’s open source platform, which well and truly confirms that the market is booming!
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Visa overhaul for the UAE
The UAE cabinet has implemented an array of new visas offering expats more of an opportunity to trial Dubai and to encourage skilled professionals to settle in the country!
What will this mean for the real estate industry?
Source: The National
Where to rent in Dubai
Rental prices are high so get an expert opinion on some of the best rental communities in the city.
Source: The National
How Dubai can stay in front
Lewis Allsopp, CEO of Allsopp & Allsopp explains how virtual technology will advance in Dubai and have positive effects on the economy and the way people do Business in the city.
https://meconstructionnews.com/52037/infrastructure-how-dubai-can-stay-in-front
Source: Middle East Construction News
New Banknotes!
The UAE has released brand new 10 and 5 dirham notes which will be in circulation within the next week! The new bank notes are eco-friendly and recyclable and even come with special features to combat counterfeiting.
https://lovin.co/dubai/en/news/the-uae-has-issued-new-five-and-ten-dirham-banknotes
Source: Lovin Dubai
Eid Holiday dates announced
Start making your plans! Eid holiday dates have been announced for both the private and public sectors.
Source: Arabian Business