Dubai's Weekly News Snapshot: The Ampersand 30-06-2023

Dubai’s best real estate agents: Meet the king of the hills!

We’re back with an exciting episode of Taking Care of Business; Agent Stories and this time around Operations Director; Paul Kelly is joined by Lettings Consultant; Joshua Menzies. They talk about all things life in Dubai, the Damac Hills development and Joshua’s YouTube channel.

News that caught our attention this week

Dubai real estate: Another billion-dirham record broken

Last week, Dubai’s property market saw another record-breaking week with AED 15 billion worth of property sales transactions! This was from 4,804 sales transactions with a key highlight being a AED 70 million plot sold in Palm Jumeirah!

We think June might just be the best month of 2023 - what do you think?

Source: Arabian Business

Expat magnet: Dubai’s population crosses 3.6 million!

Dubai has reached a new milestone, as the population crosses an all-time high of 3.6 million for the first time, according to the Dubai Statistics Center.

The population now stands at 3.6 million, marking a 1% increase since the end of Q1 and a 1.5% increase of residents when compared to December 2022.

Are we on track to meet Dubai’s 2040 plan of 5.8 million residents?

Source: Gulf News

Dubai South Properties unveil the third stage of South Bay

Dubai South has announced the sales of South Bay, which is the master development situated in The Residential District in Dubai South.

It hosts an impressive collection of over 200 villas and townhouses, upgraded with luxurious interiors, marble flooring, fully equipped kitchens, rooftop access (sky garden), and private outdoor gardens!

Interested in this project? Get in touch with our Head of Developer Sales; Fintan Flannelly!

An iconic Dubai landmark sells for AED 252 million!

Dubai residents, if you remember driving down Sheikh Zayed Road, you might’ve noticed the large Pepsi factory!

It was owned by Dubai Refreshment PJSC, who’s the bottler for Pepsi.Co in Dubai and has sold the land to Al Futtaim Private Company LLC for AED 252 million.

This plot included the Pepsi bottling plant, a storage warehouse and offices under the Pepsi brand.

Residential real estate isn’t the only one making record-breaking deals!

Desert Safari ranks #1 in TripAdvisor’s world bucket list experiences!

One of Dubai’s most iconic tourist destinations has officially been recognised! Dubai’s famous Desert Safari has ranked #1 in TripAdvisor’s world bucket list experiences followed by Inca Trail Trek in Machu Picchu, and Cliffs of Moher, Ireland.

Desert Safari has always been a cult-favourite and top tourist destination since it first opened in 2005 and has always held records for hospitality, service, experiences and now has made it to the bucket list!

HOT OFF THE PRESS!

Fintan Flannelly - The National

What did Fintan have to say about the $3 billion Al Habtoor Tower set to hold the world’s tallest residential tower title?

Read here.

Featured properties

Dream home found: Take a look at this custom-built five-bedroom mansion in Palm Jumeirah!

Check out this spacious five bedroom, fully furnished villa available for rent in the exclusive neighbourhood of Garden Homes, Frond N, Palm Jumeirah.

Enjoy the open plan living, stylish interiors and an incredible infinity pool with direct access to the beach!

???? AED 2,500,000 per annum ☎️ Sarlota Kolosova: +971 585 825071