Weekly Newsletter 1.8.22

Looking to move to Dubai? We’re hiring!

In this week's episode of Taking Care of Business, Managing Director; Marc Walters sits with Director of Allsopp and Allsopp Recruitment; Kameron Hutchinson. They discuss our upcoming UK Recruitment events (in London, Birmingham and Manchester), some tips for people starting out in real estate, and why more and more people are moving to Dubai to change their lives for the better. Click the link below to apply for one of the events: recruitment.allsoppandallsopp.com

3-Bed Apartment with breathtaking views in Burj Vista, Downtown Dubai

With breathtaking views of the Burj Khalifa & The Dubai Fountain up close, this 3-bed apartment with a maid's room makes for a great home and an investment piece that promises up to 5.2% net return. 

Get a viewing in with Lee Weston on +971 58 577 8542.

 

News in the press that caught our attention this week

 

The total deal value was lower compared to AED1.2 billion registered on Tuesday

The Dubai real estate market witnessed a decline in residential property deals on Wednesday, August 3, at AED888 million ($241.8 million), compared to AED1.2 billion registered in the previous day.

https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-transactions-soften-on-wednesday-with-241-8-million

Source: Arabian Business

 

Jumeirah Group launches luxury branded residence in Dubai's Business Bay

Jumeirah Living Residences Business Bay is expected to be complete in the fourth quarter of 2025, and will accompany Jumeirah's other residences in the city — Jumeirah Zabeel Saray Royal Residences, Jumeirah Living World Trade Centre Residences and Jumeirah Living Marina Gate. Source: The National

https://www.thenationalnews.com/business/property/2022/08/02/jumeirah-group-launches-luxury-branded-residence-in-dubais-business-bay/

Source: The National

 

UAE fuel prices for August 2022

From August 1, fuel prices for Super 98 will be Dhs4.03 per litre, a decrease from Dhs4.63 per litre in July. Additionally, Special 95 will be priced at Dhs3.92 per litre, down from Dhs4.52 in July.

https://whatson.ae/2022/07/uae-fuel-prices-announced-for-august-2022/

Source: WhatsOn

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