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!
I hope you’ve had an incredible weekend and are ready to kick start into this week - so without any further a-do, let’s jump right into it.
Last week, Dubai’s property market saw an impressive 3,112 property sales transactions worth AED 9.3 billion!
One of the top transactions from last week was an apartment worth a huge AED 160 million, sold in Burj Khalifa. Now ain’t that impressive?
Don’t need no driver…
Dubai has announced the first trial of driverless electric abras. For those of you who aren’t familiar with abras, they are small passenger boats that travel through the creek.
RTA announced it over the weekend and this project will be part of Dubai’s journey toward being more sustainable and smart. This is the first electric marine trial in passenger transport!
Interested to read more on that? We’ve got it covered!
Breaking (more) global records
Guess what? According to the Global Prosperity Index 2023, the UAE has topped number one globally for talent attractiveness and several global market indices - including working conditions and working hours.
The UAE market also ranked number one in the Arab world across 505 other indices, isn’t that amazing?
Anywho, that’s all from me on the news front this week but don’t forget to tune in Friday for a special live episode of Katch up with Kash!
Until then, have a great week!