Weekly Newsletter 13.6.22

Allsopp & Allsopp’s newest and biggest office is about to open it’s doors! We’re excited to show you soon! Think tuck shops, a barista, a DJ and some great co-working spaces! 

How the Qatar World Cup 2022 will impact the Dubai Property Market

In this week's episode of Taking Care of Business: Lewis and Carl discuss the impact the upcoming Qatar 2022 World Cup will have on the Dubai holiday homes market. They also touch on the rising inflation, the 4000 millionaires expected to move to Dubai this year, and some potentially disturbing news about Artificial Intelligence…

Fully Upgraded 2-bedroom luxury apartment in Rawda Apartments 2, Town Square

Looking for a property that is ready for you to walk in with your suitcase and nothing else? This is perfect! 

This modern 2- bedroom apartment for sale in Town Square has been fully upgraded throughout and will come fully furnished, so everything you see will be yours in the purchase!

Please contact Samuel Jones on +971 58 551 9883 to arrange a viewing

News in the press that caught our attention this week;

Top places to buy villas and apartments in Dubai near the Etihad Rail line

Transport links are always an advantage when looking to invest in property in any city - Dubai is no different. 

With the Etihad rail line proposal released, Allsopp & Allsopp have put together a guide to average sales prices in the communities that the rail line connects with so investors can take advantage of the current prices before an expected increase when the rail line opens. 

Source: Arabian Business

GCC central banks raise interest rates after US Federal Reserve moves to stem inflation

Interest rates in the UAE have risen by 75 base points - the highest rise since 1994! 

Source: The National

Where Dubai ranks among the world’s most expensive cities

The Julius Baer report looks at the cost of living for wealthy individuals, considering prices of specific goods and services, including cars, hotel suites, jewellery, and properties

Source: Arabian Business

Dubai’s Salik Toll Gates Could Be Added Or Removed & Prices Could Be Modified Following New Updates

The Salik system which was a part of Dubai’s Roads and Transport Authority (RTA), has become a Public Joint Stock Company (PJSC). Click to find out what this could mean!

Source: Lovin Dubai

As always, our inboxes are open! Please get in touch with us if you would like any more information on the topics above, or the property market in general! Click to WhatsApp our Client Concierge: https://wa.me/97144294444 or email us at info.uae@allsoppandallsopp.com