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.
Happy Monday!
Welcome to Katch up with Kash, your pocket-friendly guide to Dubai’s property market and happenings around the city.
While most of us enjoyed a nice and relaxing weekend, it’s time to get back to reality and spring right back into action this week, so, let us get you caught up to speed!
News roundup…
The property market saw a whopping AED 2.8 billion worth of property transactions last week, and in a surprising twist of competition, Business Bay is no longer the most popular community! Jumeirah Village Circle came in first place, with 566 transactions.
Read: Could Jumeirah Village Circle be the most sought-after community in Dubai?
Next up!
If you’ve been anxiously waiting on your Emirates ID, we’ve got great news!
The Federal Authority for Identity, Citizenship, Customs and Ports Security (ICP) has announced a new emergency service that will now allow you to obtain your ID within 24 hours! Whether you’re applying for renewals, new registrations, lost or damaged cards, it can all be sorted within 24-hours!
However, for expatriate residents who are not GCC nationals, you are only entitled to the urgent service in case of a replacement of their identity cards.
Sheikh Hamdan has recently approved a new model for government excellence to help improve performance!
That’s right, the system that comprises three pillars, will enhance the work environment by introducing new evaluation methods and streamlining service delivery.
The three pillars are:
1. Vision
2. Distinctive value
3. Development enablers
All of which aim to help the Dubai Government improve their performance, innovation and quality, whilst also prioritising quality of life and community wellbeing.
It’s shaping up to be a great year for residents in the city!
The UAE flag will be landing in space once again!
Emirati astronaut Sultan Al Neyadi will be taking off for the mission on February 26, 2023.
He will be the first Arab long-duration astronaut to make UAE the eleventh country in the world to carry out such a mission to the International Space Station.
This exciting mission will be overseen by NASA and SpaceX, owned by Tesla’s founder, Elon Musk.
You can tune in at 7:30PM on February 26th to catch the live action!
That’s all from us! I’ll be back to catch you up on the market on Friday.
Until then, have a great week!