## The truth behind Dubai's real estate market that will blow your mind

<iframe width="560" height="315" src="https://www.youtube.com/embed/cxGCeaUpn-A?si=DKO2WtrhwuQckbku" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

Join CEO, Carl Allsopp and Managing Director, Marc Walters on this week's episode of Taking Care of Business, as they break down August's market report, sharing insights and trends that kept Dubai’s real estate hot this summer. 

Don't miss their expert predictions for the last quarter of the year.

Tune in now.

## This week’s hottest headlines:

### DXB Airport tops the charts as the Middle East’s most connected airport!

According to Megahubs’ The Most Connected Airports in the World report, Dubai Airport topped the chart as a global hub for air travel, linking passengers to 279 destinations between September 2023 and August 2024. 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1467-DXB-Airport-tops-the-charts-as-the-Middle-East%E2%80%99s-most-connected-airport!-).

### Sankari and IHG announce their newest branded residence - Regent Residences!

Sankari has paired up with IHG Hotels and Resorts to bring their newest branded residence; Regent Residences, featuring floating apartments to Marasi Marina in Dubai. 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1468-Sankari-and-IHG-announce-their-newest-branded-residence;-Regent-Residences!-).

### Take me back to London Town: Majid Developments bring Mayfair Gardens to Dubai!

Majid Developments has launched its first residential project in Dubai, Mayfair Gardens, a London-inspired tower in Jumeirah Garden City offering 64 premium residences! 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1466-Majid-Developments-announce-their-newest-project;-Mayfair-Gardens!). 

### Binghatti reveals a brand-new 770-unit luxury development in Dubai!

This project is the first for this company in the last two years, marking Binghatti’s return to the area and features a total of 770 residential units, designed with contemporary aesthetics and functionality in mind.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1465-Binghatti-reveals-a-brand-new-770-unit-luxury-development-in-Dubai!-). 

## HOT OFF THE PRESS!

### Lewis Allsopp - The National

Could your dream home be closer than ever?

Interest rate cuts set to increase affordability of UAE's small to mid-segment homes.

Read [more](https://www.thenationalnews.com/business/money/2024/09/03/interest-rate-cuts-set-to-increase-affordability-of-uaes-small-to-mid-segment-homes/). 

## Company updates:

### Incredible six-bedroom villa in Jumeirah Golf Estates.

![a0O4S000000V11FUAS_m_DSC03470-Edit.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_S000000_V11_FUAS_m_DSC_03470_Edit_c70b824120.jpg)

This European-designed villa features an indoor/outdoor pool, private garden, cinema, basketball court and a gym! 

For sale: AED 35,000,000

For bookings, contact [Darren Murphy: +971 56 799 5941](https://www.allsoppandallsopp.com/dubai/property/sales/dubai-DUB140008)

Trakheesi Permit: 6544671510



Weekly-Newsletter-111822---web-cover.jpg

Dubai's Weekly News Snapshot: The Ampersand 13-09-2024

## How New Businesses In The UAE Are Making Millions!

<iframe width="560" height="315" src="https://www.youtube.com/embed/GrjYqojo6TI?si=kloZJuCmxzx1_YAi" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

On this week's episode of Taking Care of Business, join our Chairman; Lewis Allsopp alongside the CEO of Virtuzone, Neil Petch as they talk about all things business setups in Dubai, how the UAE is building a global stage for success and find out how new businesses are fueling the rising demand in the property market!

## This week’s hottest headlines!

### Dubai and Abu Dhabi ranked best cities for entrepreneurs and start-ups

According to research by SumUp, Dubai and Abu Dhabi were ranked third and eighth place globally, based on factors like taxes, quality of life, internet speeds, and networking opportunities!

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1461-Dubai-and-Abu-Dhabi-are-the-best-cities-for-entrepreneurs-and-start-ups!-).

### New anti-money laundering strategies are announced for 2024-27

The UAE has launched its 2024-2027 National Strategy for Anti-Money Laundering (AML), reinforcing its fight against financial crime and addressing emerging risks like cyber threats and virtual assets.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1459-New-anti-money-laundering-strategies-are-announced-for-2024-27-).

### Knightsbridge Development announces its newest launch in Meydan

Knightsbridge by LEOS Developments in Meydan’s District 11 is set to be an AED 1.75 billion project that blends British elegance with Dubai’s luxury lifestyle.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1460-From-London-to-Dubai:-Knightsbridge-Development-announces-its-newest-launch-in-Meydan).

### SOL Properties breaks ground on Fairmont Residences Solara Tower Dubai

SOL Properties has officially kicked off the Fairmont Residences Solara Tower construction, offering a blend of luxury and sustainability that aligns with the growing demand for eco-friendly living in the UAE!

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1458-SOL-Properties-breaks-ground-on-Fairmont-Residences-Solara-Tower-Dubai). 

## HOT OFF THE PRESS!

### Lewis Allsopp - Arabian Business

How much should you earn to buy property worth $1 million?

Read [more](https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-how-much-should-you-earn-to-buy-property-worth-1-million) to find out what our Chairman; Lewis Allsopp suggests.

## Company Updates

### Happy Sweet Sixteen!

![DSC09210.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/DSC_09210_38790a1d98.jpg)

We at Allsopp & Allsopp celebrated 16 years today with sweets! 

Is it really a birthday if you can’t have sweets for breakfast?  

## Featured Listing

### Experience nature in the heart of Rosa within this four-bed villa!

![a0O4S000000V1pLUAS_m_DSC07254.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_S000000_V1p_LUAS_m_DSC_07254_c54c62e1ca.jpg)

Take a look at this beautiful four-bedroom villa in Rosa, Arabian Ranches 2.

Recently renovated, it features a beautifully upgraded kitchen, new flooring throughout and ultra-modern appliances.

For sale: AED 7,500,000
For bookings, contact [Stephen Folan +971 52 616 6583](https://www.allsoppandallsopp.com/dubai/property/sales/dubai-L-228402)

Trakheesi Permit: 6510971661






Dubai's Weekly News Snapshot: The Ampersand 06-09-2024

### Following a strong summer, Dubai's property market experienced even more momentum in August as residents and new expats settled back into the city.

Property prices reached AED1,431 per square foot - an 18% year-over-year increase. Sales volume and value have also seen significant growth, driven by both residents and new expats settling in the city.

According to the Dubai Land Department data, the city recorded AED 37.3 billion in sales value, a 33% increase from August last year. Additionally, total sales volume grew by 36% compared to the same period last year, reaching 14,992 residential sales this month.

Off-plan sales maintained their domination over the secondary market, accounting for 69% of volume and 61% of total value in August. An additional 8,665 new off-plan units were launched during the month, almost doubling the number of launches compared to August last year.

Reflecting the thriving market activity, our team at Allsopp & Allsopp saw sales transactions increase by 16% compared to the same period last year. 

Year-on-year viewings have seen a 39% growth, an impressive trend we have noted during all the summer months this year. As the luxury market continues to appeal to HNWIs, our team recorded sales exceeding AED 10 million doubling year-on-year!

On the lettings side, our team recorded rental transaction volumes rising by 7% compared to the previous month. As more wealthy migrants move to the city, we are seeing this reflected in the top rental transactions. In August, the top three rentals exceeded AED 1 million in Jumeirah Golf Estates.

The overall growing demand for rental properties led to a significant 43% increase in viewings compared to the previous year, with rental listings also climbing by 8% from the previous month.

September promises to be an interesting month, with an influx of residents and expats, a growing wealthy population, potential interest rate reductions, and increased supply. Additionally, the outcome of recent international elections may influence the level of demand and foreign investment in Dubai.

Click below to read the full report:

<br/>
<a target="_blank" Href="https://strapiallsopp.s3.eu-west-1.amazonaws.com/Aug_2024_Market_snapshot_1_3933b0b929.pdf?updated_at=2024-09-09T12:20:49.671Z"><button class="subscribe mx-auto" style="color:#fff !important;display:flex;"><span style="color:#fff !important;">View the report here</span> </button></a> 
<br/>

<br/>

### For media enquiries and interview opportunities:

PR & Communications

Allsopp & Allsopp

E: PR@allsoppandallsopp.com

T: 971 52 510 4576

Dubai Real Estate Market Snapshot (1200 x 800 px).png

The Allsopp & Allsopp Dubai Property Market Report for August 2024!

## Panic or profit: The H2 Dubai property market predictions you need to know

<iframe width="560" height="315" src="https://www.youtube.com/embed/0r7wDux0AtY?si=ZLF8LBsigz7Pb3X9" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

On this week’s episode of Taking Care of Business, the brothers are back! Join Lewis and Carl as they dive deep into all the big headlines over the summer and how they will impact Dubai’s real estate sector, why the next federal rate review will give the market an extra boost, and what to expect from the property market for the rest of H2.

## This week’s hottest headlines!

### DLD announces video-call service for investors

In partnership with Injaz Real Estate Registration Trustee, the ‘6005AQARI’ platform marks a new era in how property investments are managed in Dubai.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1451-Dubai-Land-Department-announces-video-call-service-to-ease-investment-processes) 

### Sunrise Capital is expanding its footprint in Dubai’s property market

The company is preparing to launch a significant mixed residential and commercial project in October. This AED400 million venture is going to be in Dubai’s Wasl Gate area.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1452-Sunrise-Capital-is-set-to-expand-its-massive-pipeline-in-Dubai%E2%80%99s-property-market!-)

### Dubai and Abu Dhabi are ranked the best cities for remote working

The Savills Executive Nomad Index, a comprehensive ranking of the best cities for long-term remote work, has come out and placed both UAE cities at the top of the list.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1454-Dubai-and-Abu-Dhabi-are-ranked-the-best-cities-for-remote-working!-)

### UAE leads in healthcare services across the GCC

According to a survey of 1,680 residents across the GCC by CMC Hospital Dubai, the UAE’s healthcare sector is earning significant recognition.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1453-Top-of-the-charts:-UAE-leads-in-healthcare-services-across-the-GCC)

## HOT OFF THE PRESS!

### Lewis Allsopp - DubaiEye

The right to disconnect

Listen [now](https://omny.fm/shows/the-agenda-with-georgia-tolley/the-right-to-disconnect)

### Liam Chase - Khaleej Times

How are developers working on attracting a high-end clientele?

Read [more](https://www.khaleejtimes.com/business/realty/uae-5-star-hotel-amenities-being-offered-at-new-residential-projects)

## Featured Listing

### Come home to this exclusive one-bedroom apartment in One Za’abeel.

![a0O4V00000Narz3UAB_m_DSC06583.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_V00000_Narz3_UAB_m_DSC_06583_4deb6ca513.jpg)

Offering full access to world-class hotel amenities and restaurants! 

AED 9,500,000
For bookings - [Contact Lee Weston: +971 58 5778 542](https://www.allsoppandallsopp.com/dubai/property/sales/dubai-L-239986)

Trakheesi Permit: 71420784241




Dubai's Weekly News Snapshot: The Ampersand 30-08-2024

## How To Become A Millionaire As A Real Estate Agent In Dubai

<iframe width="560" height="315" src="https://www.youtube.com/embed/vtIx7RJ5pFw?si=X0WV_ujosndBs6bo" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

On this week’s episode of Taking Care of Business, join Operations Director; Paul Kelly alongside our Senior Recruitment Consultant; Jordan Wilks. Jordan talks to us about our upcoming UK recruitment event, the tried and tested formula to succeeding, and how our top agents went from zero to record-breaking deals! 

## This week’s hottest headlines

### Livin’ La Ciel: Meraas launches a new addition in La Mer

Le Ciel at Port De La Mer is the latest launch by Meraas, offering a stunning collection of 1, 2, 3, and 4-bedroom waterfront apartments.

These contemporary living spaces are designed to combine luxury with the tranquillity of waterfront living.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1442-Livin%E2%80%99-La-Ciel:-Meraas-launches-a-new-addition-in-La-Mer). 

### Millionaire machine: Wealthy migrants flock to the UAE

According to the Affluence & Elections Survey commissioned by Arton Capital, there were 518 millionaires surveyed out of which 21% of wealthy individuals aged 18-34 from France and the UK chose the UAE as their top relocation choice. 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1445-Millionaire-machine:-Wealthy-migrants-flock-to-the-UAE).

### Dubai is set to open 39 private schools and nurseries in H2 2024

As the new academic year approaches, Dubai’s education sector has also taken note of the growing population and is gearing up for significant growth. The emirate is set to welcome 39 new private schools, nurseries, and universities adding more than 16,000 seats to its private education facilities. 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1447-Dubai-is-set-to-open-39-private-schools-and-nurseries-in-H2-2024!).

### DXB is set to welcome 3.43 million guests this week

With daily traffic in DXB averaging around 264,000 passengers, and peak days potentially reaching up to 291,000 - the summer season in DXB is usually bustling with activity and we can expect 3.43 million visitors in the next week! 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1448-Busy-buzzing:-DXB-is-set-to-welcome-3-43-million-guests-this-week!-). 

## HOT OFF THE PRESS!

### Lewis Allsopp - AGBI

With residents coming back ahead of the school season, can we expect an even higher pick up in the property market?

Read [more](https://www.agbi.com/analysis/real-estate/2024/08/dubai-back-to-school/) to find out what our Chairman; Lewis Allsopp thinks.

## Company Updates

### Come home to the one, the only apartment you ever need!

![a0O4V00000Narz3UAB_m_DSC06583.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_V00000_Narz3_UAB_m_DSC_06583_62e9fefe12.jpg)

Come home to this incredible, exclusive one-bedroom apartment in One Za’abeel.

The apartment sits in the private residences within the hotel resort, offering full access to the world-class hotel amenities and restaurants! 

For sale: AED 9,500,000
For viewings, contact [Lee Weston: +971 58 5778 542](https://api.whatsapp.com/send?phone=97144295577&text=Hi+Allsopp+%26+Allsopp%2C%0A%0AI%27m+interested+in+this+property%3A%0A%0A%2AProperty%2A%3A+One+And+Only+Private+Homes+%7C+Luxury+Living%0A%2ALocation%2A%3A+One+Za%27abeel%2C+Zabeel+1%2C+Zabeel.%0A%2APrice%2A%3A+9500000.0%0A%2AReference%2A%3A+L-239986__AGXUR41TRD%0A%0ALink%3A+https%3A%2F%2Fwww.allsoppandallsopp.com%2Fdubai%2Fproperty%2Fsales%2Fdubai-L-239986%0A%20)
Link in Bio!

Trakheesi Permit: 71420784241




Dubai's Weekly News Snapshot: The Ampersand 23-08-2024

## Why Dubai Is The Safest City To Invest In

<iframe width="560" height="315" src="https://www.youtube.com/embed/i8z_j19Zhps?si=SB-VMtjOHf213IWs" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>


Tune in to this week’s episode of Taking Care of Business with CEO, Carl Allsopp, and Operations Director, Paul Kelly, as they uncover Dubai’s record-breaking July property market!

From all-time highs in price per square foot to phenomenal sales volumes and surges in the rental market. They answer big questions like: Why is everyone investing in Dubai? Does Dubai’s market offer better value than other global hotspots? And, is an oversupply on the horizon?

## This Week’s hottest headlines

### Dubai and Abu Dhabi ranked the ‘most livable cities’ in 2024
Dubai has been ranked one of the top most livable cities in The Middle East and Africa and secured the fifth spot on the list of the world’s safest cities.

[Read more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1436-Dubai-and-Abu-Dhabi-ranked-the-%E2%80%98most-livable-cities%E2%80%99-in-2024)

### Dubai’s GDP grows by 3.2%, reaching AED 115 billion
The city’s GDP has grown by 3.2% in the first quarter of 2024. This growth pushed the city’s economy beyond AED115 billion ($31.3bn).

[Read more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1437-Dubai%E2%80%99s-GDP-grows-by-3-2%25%2C-reaching-AED-115-billion)

### The UAE introduces tighter anti-money laundering laws 
The updated legislation introduces new committees and enhanced coordination efforts to improve oversight and reporting across financial sectors. 

[Read more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1438-The-UAE-introduces-tighter-anti-money-laundering-laws-to-fight-financial-crime)

### Marjan unveils new luxury beachfront development
Marjan has unveiled a new large-scale waterfront project in the Al Mairid area—Mira Coral Bay. The project will offer 165 villas, 128 townhouses, and 650 apartments.

[Read more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1439-Marjan-Unveils-New-Luxury-Beachfront-Development---Mira-Coral-Bay)

## Hot off the press!

### Lewis Allsopp - The Finance World
Top 50 Visionary Tycoons of the UAE Real Estate Industry

[Read more](https://thefinanceworld.com/dubai-uae-real-estate-tycoons-icons-2024/)

Dubai's Weekly News Snapshot: The Ampersand 16-08-2024

## Don't Make These Mistakes When Buying And Selling Your Property

<iframe width="560" height="315" src="https://www.youtube.com/embed/251uKoOE69Q?si=Fh5h36vtDWN6533E" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>


How can you speed up your property deal? And how long should a transaction really take?

This week, Paul Kelly, our Operations Director, sits down with Jess Stephenson, our Head of Sales Progression, to uncover the secrets to a smoother transaction. Learn about common mistakes to avoid, expert tips, and how our team pulled off a last-minute deal at a private jet terminal!

## This week’s hottest headlines!

### Dubai South’s beachfront announces 90% completion

The first phase of The Pulse Beachfront consists of 251 units and it is slated for completion by year-end. Upon launch, all 788 villas and townhouses were quickly sold out with the high demand and appeal of this unique development.

[Read more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1428-Dubai-South%E2%80%99s-beachfront-announces-90%25-completion!)

### Dubai-based businesses have a new corporate tax deadline for June-licensed companies

The UAE Federal Tax Authority has set an important deadline for businesses licensed in June to submit their Corporate Tax registration applications by August 31, 2024. This deadline follows the Federal Tax Authority Decision No. 3 of 2024, which was implemented on March 1, 2024.

[Read more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1426-Dubai-based-businesses-have-a-new-corporate-tax-deadline-for-June-licensed-companies-)

### Commercial air taxi flights are set to start in Dubai as early as 2025

With the help of the Dubai-based private aviation operator, Air Chateau, Dubai is set to welcome a new fleet of private air taxis, aiming to make travel faster and more efficient. They are capable of carrying up to five passengers plus a pilot, with speeds reaching up to 180 km/h.

[Read more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1425-Air-taxis-are-on-their-way-to-Dubai%2C-and-here's-when-you-can-take-your-first-ride!-)

### Dubai Airport hits record numbers, with nearly 45 million passengers in H1

Dubai International Airport (DXB) is buzzing with activity, having welcomed nearly 45 million passengers in the first half of the year alone - a solid 8% jump compared to last year! Airport officials are now predicting to welcome a record-breaking 91.8 million passengers by the end of the year.

[Read more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1432-Dubai-Airport-hits-record-numbers%2C-with-nearly-45-million-passengers-in-H1!)

## HOT OFF THE PRESS!

### Lewis Allsopp - CW Property

What are Dubai’s top 10 high-rental yielding communities?

[Click here to read](https://property.constructionweekonline.com/emagazines/?id=5134) what Lewis has to say in the print edition of CW Property!

Dubai's Weekly News Snapshot: The Ampersand 09-08-2024

## What It Really Takes To Be A Top-Earning Agent in Dubai

<iframe width="560" height="315" src="https://www.youtube.com/embed/YnTSOwdjK7M?si=BvW059QmVJ7vwcd-" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

On this week’s episode of Taking Care of Business, join our Recruitment Director, Kameron Hutchinson as he speaks with our Managing Director, Marc Walters. 

Tune in to hear about Marc’s inspiring journey from Liverpool to Dubai, his secrets to real estate success and what it really takes to be the best of the best!

## This week’s hottest headlines!

### Dubai welcomed 9.3 million tourists in H1 2024

The latest data from the Dubai Department of Economy and Tourism highlights the city's growing performance in tourism - marking a remarkable 9% rise from 2023 and an overall increase in western tourism to 9.31 million tourists! 

Read more

### Launching luxury: Samana Developers announce their newest project in Dubailand

Samana Developers have come out with their second launch in the span of one month - Samana Avenue in Dubailand. This property is set to create an affordable luxury space for buyers, featuring 165 units spanning 16 floors.

Read more. 

### RTA announces an AED 165 million plan to expand bridges across Sheikh Zayed Road

In order to ease traffic around one of Dubai’s busiest malls, RTA plans to construct a new bridge on Sheikh Zayed Road and make several other improvements around Mall of the Emirates. The key feature of this project is a 300-metre bridge that will provide direct access to the Mall of the Emirates parking for drivers coming from Abu Dhabi and Jebel Ali.

Read more

## HOT OFF THE PRESS!

### Lewis Allsopp - Arabian Business

Is it the right time to invest in a villa?

Click here to read about what our Chairman, Lewis Allsopp has to suggest.

### Allsopp & Allsopp Private Office - Construction Week

In case you missed it, our Private Office recorded an exceptional AED105M sale in Tilal Al Ghaf! The record-breaking sale was for an off-plan unit on the prestigious Lanai Islands.

Read about the sale here

## Company Updates

### Off-plan opulence: Take a look at this investor's haven in DAMAC Hills 2!

![a0O4V00000Naup3UAB_m_WhatsApp Image 2024-07-02 at 11.04.17.jpeg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_V00000_Naup3_UAB_m_Whats_App_Image_2024_07_02_at_11_04_17_32ce68b37f.jpeg)

Come home to this three-bedroom in Amargo 2, DAMAC Hills 2, featuring a landscaped garden, a two-car garage and a range of amenities at your doorstep with impressive returns! 

Handover is set for this month, with bookings open for viewings. 

Book a viewing, [contact Sahil Adnani at +971552215632](tel:+971552215632) 
Trakheesi permit - 65488697316




Dubai's Weekly News Snapshot: The Ampersand 02-08-2024

## Game-Changing Tips For Commercial Real Estate Success

<iframe width="560" height="315" src="https://www.youtube.com/embed/M2t0ZQSuZWg?si=yLn4x_sLX2v9pg35" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

On this week’s episode, join our Recruitment Director; Kameron Hutchinson alongside our Head of Commercial; Jade Simpson to chat about all things commercial real estate, the future commercial hubs and areas, and how Dubai’s commercial market continues booming amidst the global slowdown. 

## This week’s hottest headlines!

### Emaar announces phase 2 of The Valley

Emaar Properties has announced the launch of Phase Two of The Valley, an expansion that promises to enhance Dubai’s first true suburban community. This new phase will feature expansive homes with three-bedrooms going up to five bedrooms, starting from AED 2.7 million.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1414-Emaar-announces-phase-2-of-The-Valley). 

### Aldar expands their Dubai portfolio with new properties on the horizon!

Abu Dhabi-based developer; Aldar Properties is set to expand their footprint in Dubai’s market with two upcoming projects; their first commercial project in Dubai and the acquiring of '6 Falak’ in Dubai Internet City.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1412-Aldar-expands-its-Dubai-portfolio-with-new-properties-on-the-horizon!-).

### RTA announces a brand-new exit, slashing travel time by 4 minutes!

The RTA's newest project is focused on expanding Exit 55 on Sheikh Mohammed bin Zayed Road, which leads to Al Rebat Street is going to reduce travel time by four minutes, an effective 60% reduction from Miridf to Business Bay Crossing.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1416-RTA-slashes-travel-time-by-4-minutes-with-a-new-exit!-). 

## HOT OFF THE PRESS!

### Paul Kelly - Construction Week

What are the top five affordable areas to rent a villa in Dubai in 2024

[Take a read](https://property.constructionweekonline.com/top-5-affordable-areas-to-rent-a-villa-in-dubai-in-2024/) at our what our Operations Director; Paul Kelly has to suggest!

## Company Updates

### Allsopp & Allsopp’s RECORD SALE - Lanai Island

![Kane's Tilal Al Gaf .png](https://strapiallsopp.s3.eu-west-1.amazonaws.com/Kane_s_Tilal_Al_Gaf_c19c13da8a.png)

The final Lanai Island villa has been sold for an incredible AED 105M by our Associate Director; Kane Wild, and Head of Developer Sales; Fintan Flannelly.

This seven bedroom super villa sets a new benchmark for the highest sale in Tilal Al Ghaf.





Dubai's Weekly News Snapshot: The Ampersand 26-07-2024

## Uncovering Dubai's AED 190 Billion Sales, Million-Dirham Rents, and Off-Plan Boom

![vision board 2024 (5000 x 3125 px)-min_11zon.png](https://strapiallsopp.s3.eu-west-1.amazonaws.com/vision_board_2024_5000_x_3125_px_min_11zon_0b820deac6.png)

On this week’s episode of Taking Care of Business, join Operations Director; Paul Kelly alongside our Managing Director; Marc Walters to chat all things H1 2024. 

Tune in to find out how many new units have been handed over and launched so far, the top sales areas, communities to look out for, the growing luxury market and much more.

## This week’s hottest headlines:

### Dubai unveils a brand-new Jebel Ali beach development project!

The Crown Prince of Dubai; Sheik Hamdan, has announced the launch of Jebel Ali’s brand-new beach development; a 6.6 km beach, set to become a recreational destination with a focus on environmental preservation!

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1398-Dubai-unveils-a-brand-new-Jebel-Ali-beach-development-project!).

### Dubai announces a 64km Dubai Green Spine project!

Dubai-based developer, URB, has announced the Dubai Green Spine project. It is set to be a transformative project aimed at converting the Sheikh Mohammed Bin Zayed Road (E311) into a 64 km long sustainable corridor. 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1397-Dubai-announces-a-64km-Dubai-Green-Spine-project!). 

### Can we expect another five-star resort in World Islands?

Kleindienst Group has announced The Marbella Resort Hotel, which is worth a striking AED 1 billion! The project is designed to be a 150-key luxury resort and will be the first Vignette Collection property by IHG Hotels and Resorts on the World Islands.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1396-Can-we-expect-another-five-star-resort-in-the-World-Islands?). 

## HOT OFF THE PRESS!

### Paul Kelly - CW Property

What are the top six affordable rental communities for apartments? 

[Read more](https://property.constructionweekonline.com/top-6-affordable-areas-to-rent-an-apartment-in-dubai-in-2024/) on what our Operations Director; Paul Kelly has to suggest. 

## Company Updates

### A tranquil haven in the heart of DAMAC Hills 2.

![vision board 2024 (5000 x 3125 px)-min_11zon.png](https://strapiallsopp.s3.eu-west-1.amazonaws.com/vision_board_2024_5000_x_3125_px_min_11zon_0b820deac6.png)

Step into your very own serene retreat nestled in the Amazonia neighbourhood of DAMAC Hills 2, in this stunning three-bed villa. 

Enjoy a spacious living/dining area for gatherings, with a large lush backyard and two balconies overlooking city views. 

For sale; AED 1,700,0000

For bookings, [contact Sahil Adnani](tel:+971552215632)

Trakheesi Permit: 65489592815




Dubai's Weekly News Snapshot: The Ampersand 12-07-2024

## 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.

The total sales value soared to AED 190 billion, marking a 38% increase from H1 2023, with total sales transactions (74,467) up 36% compared to the same period. 

Apartment living continued to be favoured, reaching 60,836 sales, a 41% compared to H1 2023 and accounted for 82% of all Dubai sales transactions in 2024. Villa and townhouse sales comprised the remaining 18% of sales transaction volume but accounted for 40% of the total market sales value in the first half of 2024, with demand across well-established residential communities remaining strong.

In the first six months of 2024, off-plan sales transactions, reached an all-time high (45,271), up 55% vs. H1 2023 with a total sales value of AED 96 billion. Looking into new property supply entering the Dubai residential market, 20,652 new homes were completed in 2024, up 93% compared to H1 2023.

Looking at the top of the Dubai residential sales market, we have seen the number of millionaires residing in Dubai surpassing 72,500 in 2024, further solidifying Dubai’s position as the world's leading ultra-luxury real estate market. This significant increase in high-net-worth individuals saw a record 196 homes over $10m sold in Dubai in H1 2024!

At Allsopp & Allsopp, H1 concluded with records and exciting launches! Total sales volumes across the business rose 25% in the first six months of the year compared to H2 2023.

Following the successful launch of Allsopp & Allsopp's 'Private Office,' sales of ultra-luxury properties >$10m increased 69% for the same period.

Off-plan sales transaction volume was up 77% compared to H2 2023, generating 267% more sales value for the same period as demand from end users and investors alike for units in premium off-plan projects across the city soared.

On the lettings side, our team noted an 81% increase in rental viewings and a 36% increase in new rental listings coming to market with Allsop & Allsopp vs. the same period last year.

Apartment rental prices have shown steady growth, particularly in Downtown Dubai, Dubai Marina, and Business Bay. 

Demand for Villas and townhouses soared in the first half of 2024, with average rental prices increasing 27% compared to H1 2023.

At the top of the market, our teams saw an increase in rental transactions of>AED1m per year across exclusive residential communities such as Jumeirah Golf Estates and Dubai Hills Estate, with the team’s highest single rental transaction reaching AED 2.6M.

Click below to view the report:

<br/>
<a target="_blank" Href="https://strapiallsopp.s3.eu-west-1.amazonaws.com/H1_Market_snapshot_ec9a6ef5bf.pdf?updated_at=2024-07-08T10:47:42.191Z"><button class="subscribe mx-auto" style="color:#fff !important;display:flex;"><span style="color:#fff !important;">View the report here</span> </button></a> 
<br/>

<br/>

### For media enquiries and interview opportunities:

PR & Communications

Allsopp & Allsopp

E: PR@allsoppandallsopp.com

T: 971 52 510 4576

Website.jpg

The Allsopp & Allsopp Dubai Property Market Report for H1 2024!


## Revealed: Dubai off-plan launches with the highest returns

<iframe width="560" height="315" src="https://www.youtube.com/embed/togbOEjNlCg?si=BPilXsIOy40aTwQQ" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

On this week’s episode of Taking Care of Business, join Operations Director; Paul Kelly alongside our Head of Off-plan; Fintan Flannelly, to chat about all things off-plan properties in the market. 

Uncover how many millionaires are migrating to Dubai and where they are investing, which new developers have come into the city, the different types of payment plans for off-plan properties and where Dubai’s future master communities will be located.

Tune in!

## The hottest headlines of the week:

### Dubai’s newest branded residence unveiled: Fairmont Residences Solara Tower

Hospitality giant, Fairmont Hotels & Resorts has partnered up with SOL properties to unveil the Fairmont Residences Solara Tower, which is set to join the Dubai skyline in 2027! 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1391-Dubai%E2%80%99s-newest-branded-residence-unveiled:-Fairmont-Residences-Solara-Tower). 

### DIFC Square: Dubai’s newest mixed-use development!

DIFC Square will host a total investment of AED 3.8 billion and encompass three interconnected buildings that will come together. A total of 600,000 square feet of state-of-the-art office space and 17,200 square feet of retail space will be designed within the project.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1392-DIFC-Square:-Dubai%E2%80%99s-newest-mix-use-development!-).

### Can we expect 140 new metro stations in Dubai?

By 2040, the Dubai metro network will span over 140 stations, covering over 228 square kilometres. This expansion plan aims to boost the metro's reach and capacity, offering easy transportation solutions across the city.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1390-Can-we-expect-140-new-metro-stations-in-Dubai?). 

## HOT OFF THE PRESS!

### In print: Lewis Allsopp - Construction Week Property

Are branded residences an investor’s goldmine or an oversupply in the property market? 

Flip to pages 30-35 to [read more](https://property.constructionweekonline.com/emagazines/?id=4281) about what our Chairman; Lewis Allsopp has to share! 

### Charlie King - Arabian Business

This week, our Partner and Head of Private Office; Charlie King was awarded by Arabian Business as the Real Estate Legend! 

Read about it [here](https://www.arabianbusiness.com/powerlists/real-estate-legends-revealing-the-biggest-brokers-across-the-uae).

## Company Updates

### Step into tranquil serenity, in the heart of DAMAC Hills 2

![a0O4V00000MgqC4UAJ_m_IMG_4260.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_V00000_Mgq_C4_UAJ_m_IMG_4260_7758cd56d8.jpg)

Come home to this resort-style two-bedroom property in Navitas Hotel and Residences in DAMAC Hills 2.

This is a spacious unit, featuring large balconies offering panoramic city views, a breathtaking outdoor space, gym, sauna and other state-of-the-art amenities. 

Come take a look around.

For sale: AED 850,000

For viewings, contact [Sahil Adnani at +971 55 2215 632](tel:+971552215632)

Trakheesi Permit: 7127595503



Dubai's Weekly News Snapshot: The Ampersand 05-07-2024

## #ICYMI - How we created the best office in Dubai

<iframe width="560" height="315" src="https://www.youtube.com/embed/_quQ78RyNZw?si=E0-OEUF-A9KpiW0a" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

Didn’t catch the episode of Taking Care of Business? Tune in with CEO; Carl Allsopp, alongside the minds behind Horton Interiors; CEO, Abdelbasset Betraoui and Managing Director, Douglas Drummond. 

From Dubai’s commercial real estate to workplace trends and the secret behind successful businesses - it’s one you don’t want to miss! 

## The hottest headlines of the week!

### Seabeats Real Estate to launch AED 7 billion worth of ultra-luxury properties in Dubai

Aiming for an AED 7 billion investment earmarked for ultra-luxury residential and hospitality projects, Seabeats is going to cater to the growing demand for high-end properties among global investors.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1382-Seabeats-Real-Estate-to-launch-AED-7-billion-worth-of-ultra-luxury-properties-in-Dubai)

### Miami’s favourite; Delano Hotel comes to Dubai’s Bluewaters Island

The Delano in Dubai will feature 167 exquisitely designed guest rooms with 84 opulent suites, all reflecting the brand's signature style. Located on the city’s favourite Bluewaters Island, this property is set to become a premier mixed-use lifestyle destination, being developed by Dubai Holding.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1384-Miami%E2%80%99s-favourite;-Delano-Hotel-comes-to-Dubai%E2%80%99s-Bluewaters-Island)

### QUBE Developments step into the Dubai property market with plans of AED 2.6 billion!

QUBE Developments come with an ambitious plan to introduce AED 2.6 billion worth of new real estate projects, with aims to deliver 2.3 million square feet of fresh development inventory by the end of 2025

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1386-QUBE-Developments-step-into-the-Dubai-property-market-with-plans-of-AED-2-6-billion!)

## HOT OFF THE PRESS!

### Lewis Allsopp and Connor Humble - Economy Middle East

Dubai’s real estate market sees a 14-month mortgage high - which communities are seeing the most mortgage activity?

Check out what [our Chairman; Lewis Allsopp](https://economymiddleeast.com/news/dubais-mortgage-market-surges-to-14-month-high-top-areas-seeing-highest-mortgage-activity/) and our Mortgage Service Manager; Connor Humble, have to say. 

### Lewis Allsopp - Khaleej Times

Are rents set to jump 10% in the remainder of 2024?

Take a read at what [our Chairman; Lewis Allsopp](https://www.khaleejtimes.com/uae/dubai-rents-set-to-jump-10-in-remainder-of-2024) has to suggest.

## Company Updates

### Allsopp & Allsopp Private Office partners with Blacklane Middle East

![jpeg-optimizer_A&Ax Blacklane x A&A 1 (1)-min-min.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/jpeg_optimizer_A_and_Ax_Blacklane_x_A_and_A_1_1_min_min_47a988573a.jpg)

Our Allsopp & Allsopp Private Office has partnered with luxury chauffeur service Blacklane Middle East to provide an elevated experience for high-net-worth property buyers.

Allsopp & Allsopp clients viewing homes valued over AED 10 million will receive complimentary luxury transportation from Blacklane to and from viewings.

Read more on [Arabian Business here.](https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-luxury-property-firm-offers-free-blacklane-ride-to-clients-viewing-aed10mn-homes)

### Step into tranquil serenity, in the heart of DAMAC Hills 2

![a0O4V00000MgqC4UAJ_m_IMG_4260.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_V00000_Mgq_C4_UAJ_m_IMG_4260_7758cd56d8.jpg)

Come home to this resort-style two-bedroom property in Navitas Hotel and Residences in DAMAC Hills 2.

This is a spacious unit, featuring large balconies offering panoramic city views, a breathtaking outdoor space, gym, sauna and other state-of-the-art amenities. 

Come take a look around.

For sale: AED 850,000

For viewings, contact [Sahil Adnani at +971 55 2215 632](tel:+971552215632)

Trakheesi Permit: 7127595503



Dubai's Weekly News Snapshot: The Ampersand 28-06-2024

## How we created the best office in Dubai

<iframe width="560" height="315" src="https://www.youtube.com/embed/_quQ78RyNZw?si=4WnwAtmGjSZ5t3KT" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

On last week’s episode of Taking Care of Business, listen to CEO; Carl Allsopp, alongside the minds behind Horton Interiors; CEO, Abdelbasset Betraoui and Managing Director, Douglas Drummond. 

From Dubai’s commercial real estate to workplace trends and the secret behind successful businesses - it’s one you don’t want to miss! 

## The hottest headlines of the week!

### Is Dubai now the top choice for wealthy expats and migrants?

For the third consecutive year, the UAE is projected to be the leading destination for millionaire migrants according to the Henley Private Wealth Migration Report 2024. According to the report, the city is expected to see over 6,700 millionaires move in within the year.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1377-Is-Dubai-now-the-top-choice-for-wealthy-expats-and-migrants?)

### Soaring to new heights: The UAE ranks 7th place in IMD’s Competitiveness Ranking!

Marking significant strides in global competitiveness, UAE has climbed three positions higher than before to secure the seventh spot in the 2024 IMD World Competitiveness Ranking. This ranking highlights the growth of its economic landscape and governance over the years. 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1376-Soaring-to-new-heights:-The-UAE-ranks-7th-place-in-IMD%E2%80%99s-Competitiveness-Ranking!)

### Dubai South’s newest luxury addition: Discovery Dunes

Dubai South’s newest; Discovery Dunes - which is set to redefine luxury living and create an exclusive living experience for all its residents will be located in the Golf District of Dubai South. 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1375-Dubai-South%E2%80%99s-newest-luxury-addition:-Discovery-Dunes-)

## HOT OFF THE PRESS!

### Lewis Allsopp - AGBI

With wealthy migrants coming to town, how is the property market going to fare?

Check out what [our Chairman; Lewis Allsopp](https://www.agbi.com/analysis/economy/2024/06/wealthy-migrants-to-uae-boost-luxuries-but-stir-inflation/) has to say. 

## Company Updates

### Come home to your tranquil sanctuary in the heart of Al Barari

![a0O4V00000Mgrd1UAB_m_THE NEST-6.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_V00000_Mgrd1_UAB_m_THE_NEST_6_0094ae766f.jpg)

Come home to this incredible, extended five-bedroom property in The Nest in Al Barari.

This is a large corner plot, featuring five large en-suite bedrooms, a private study, various terrace spaces and a breathtaking outdoor space.

Come take a look around.

For sale: AED 26,000,000

For viewings, contact [Michael Kempton: +971 58 5102 190](https://www.allsoppandallsopp.com/dubai/property/sales/dubai-L-223733)

Trakheesi Permit: 7117994178







Dubai's Weekly News Snapshot: The Ampersand 21-06-2024

## May was monumental for Dubai’s real estate market, hitting unprecedented highs!

Riding on the upward momentum we have witnessed so far this year, May saw sales transactions skyrocket by 56.7% from last year, totalling 16,328 based on Dubai Land Department data. Similarly, sales value climbed to over AED 38 billion, recording a 41.1% increase.

Off-plan sales continued to be the star of the show, making up 64.7% of transactions. May saw a total of 3,393 units handed over at completion while an additional 4,009 new off-plan units were launched.

Following the success of off-plan sales, apartments ruled the market by representing 82.3% of sales, while villas and townhouses took 17.7%!

Mirroring the overall market boom, Allsopp & Allsopp celebrated its highest sales month ever with a 103.1% increase from Q1 2024.
Allsopp & Allsopp rentals followed suit, recording a 64% year-on-year increase in lettings viewings and a 16% rise in client registrations in May. New property listings were also on the uptick with an 18% month-on-month rise.

A few months after the Dubai Land Department implemented stricter regulations to eliminate fake listings, we are seeing a more transparent market. The improved searching experience for tenants aligns with the overall increase in viewings, registrations, and new
property listings.

Click below to view the report:

<br/>
<a target="_blank" Href="https://strapiallsopp.s3.eu-west-1.amazonaws.com/May_Snapshot_2024_2_1f808c7dd3.pdf?updated_at=2024-06-20T06:47:50.552Z"><button class="subscribe mx-auto" style="color:#fff !important;display:flex;"><span style="color:#fff !important;">View the report here</span> </button></a> 
<br/>

<br/>

### For media enquiries and interview opportunities:

PR & Communications

Allsopp & Allsopp

E: PR@allsoppandallsopp.com

T: 971 52 510 4576

1200x800 copy (1).jpg

The Allsopp & Allsopp Dubai Property Market Report for May 2024!


## Allsopp & Allsopp launch Private Office

![AA-Private-Office-1000x667.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/AA_Private_Office_1000x667_be45e5b19d.jpg)

In case you missed it, we launched Dubai’s first homegrown dedicated Private Office.

The new division will cater exclusively to ultra-high-net-worth individuals (UHNWIs) and family offices, offering advisory services for property investments and off-market residential opportunities at the very top of the market.

Read more on Arabian Business [here](https://www.arabianbusiness.com/industries/real-estate/uae-real-estate-allsopp-allsopp-launch-dubais-first-private-office-for-ultra-rich-luxury-property-buyers). 

## How we created the best office in Dubai

<iframe width="560" height="315" src="https://www.youtube.com/embed/_quQ78RyNZw?si=4WnwAtmGjSZ5t3KT" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

On this week’s episode of Taking Care of Business, join CEO; Carl Allsopp alongside the minds behind Horton Interiors; CEO, Abdelbasset Betraoui and Managing Director, Douglas Drummond. From Dubai’s commercial real estate to workplace trends and the secret behind successful businesses - tune in to hear it all.

## The hottest headlines of the week!

### SOHO Development announces their newest luxury residence - The Berkeley Residences in Dubai Hills

Designed by LW Design Group and XBD Collective, The Berkeley Residences is set to bring high-end finishes, unique amenities and park-front living.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1369-A-sneak-peek-into-SOHO-Development%E2%80%99s-newest-luxury-residence---The-Berkeley-Residences-in-Dubai-Hills) 

### Dubai South announces the launch of South Living

Dubai South Properties has announced South Living, set to bring a stunning set of 209 meticulously designed apartments. Apartments range from studios to expansive one-, two-, and three-bedrooms, plus a few unique terraced apartments!

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1368-Dubai-South-announces-the-launch-of-South-Living-) 

### UAE announces new simplified home loans and major housing packages

Over the weekend, the UAE Cabinet - under the leadership of Sheikh Mohammed approved a comprehensive housing package of AED 1.6 billion.

This initiative is part of a larger effort to provide better housing solutions and enhance the quality of life for UAE citizens. 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1370-UAE-announces-new-simplified-home-loans-and-major-housing-packages!-) 

## HOT OFF THE PRESS!

### Lewis Allsopp - Arabian Business

What are the best areas to buy and rent in Dubai? 

Check out what [our Chairman; Lewis Allsopp](https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-the-best-areas-to-buy-to-rent-property-according-to-experts?utm_medium=email&utm_medium=email&utm_campaign=Dubai%20best%20areas%20to%20buy-to-rent%20property%20Morocco%20plans%2015%20million%20new%20hotel%20rooms%20Inside%20NEOMs%20new%20wildlife%20plan%20083126%20AM&utm_content=Dubai%20best%20areas%20to%20buy-to-rent%20property%20Morocco%20plans%2015%20million%20new%20hotel%20rooms%20Inside%20NEOMs%20new%20wildlife%20plan%20083126%20AM+CID_3ce2c62c782a49ae109d88de91217b06&utm_source=Newsletters&utm_term=Dubai%20real%20estate%20The%20best%20areas%20to%20buy-to-rent%20property%20according%20to%20experts) has to say. 

### Paul Kelly - Khaleej Times

Are homeowners and tenants looking for office spaces within their properties? 

Click [here](https://www.khaleejtimes.com/business/realty/remote-work-in-dubai-tenants-home-owners-look-for-office-spaces-in-properties) to find out what our Operations Director; Paul Kelly, thinks! 

## Company Updates

### Experience the joy of living in Arabian Ranches 3

![a0O4S0000010GqjUAE_m_01.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_S0000010_Gqj_UAE_m_01_6105cde243.jpg)

Take a look at this fully upgraded three-bedroom villa in Arabian Ranches 3. 

This stunningly upgraded villa has a custom-built study, immaculate furnishings and an amazing plunge pool in the garden. 

For sale: AED 2,850,000

For bookings, contact [Sophie Potterton: +971 56 3097 759](https://api.whatsapp.com/send?phone=97144295577&text=Hi+Allsopp+%26+Allsopp%2C%0A%0AI%27m+interested+in+this+property%3A%0A%0A%2AProperty%2A%3A+Fully+Upgraded+%7C+Pool+%7C+VOT+%7C+Single+Row%0A%2ALocation%2A%3A+%2C+Joy%2C+Arabian+Ranches+3.%0A%2APrice%2A%3A+2850000.0%0A%2AReference%2A%3A+L-212839__A9SCY9J2VD%0A%0ALink%3A+https%3A%2F%2Fwww.allsoppandallsopp.com%2Fdubai%2Fproperty%2Fsales%2Fdubai-L-212839%0A%20)

Trakheesi Permit: 69250345081









Dubai's Weekly News Snapshot: The Ampersand 14-06-2024

## #ICYMI- Don't Fall For These Mortgage Myths! Insider Tips On Dubai's Mortgage Market

<iframe width="560" height="315" src="https://www.youtube.com/embed/fCNkXfkekP8?si=jhXcc5zR3ADo7avi" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

On last week’s episode of Taking Care of Business, join CEO, Carl Allsopp alongside Mortgage Manager; Connor Humble to dive into the world of mortgages.

Uncover how to effortlessly obtain your first mortgage, why the current interest rates will shock you, and bust some popular mortgage myths! 

## The hottest headlines this week!

### Dubai’s first forest-living is here - Say hello to Ghaf Woods!

As the first-ever forest living" development, we can expect a unique living experience that prioritises sustainability, nature, and a healthy lifestyle.  

Featuring 7,000 homes, Ghaf Woods is a stunningly designed community spanning over 738,000 square metres. 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1362-Dubai%E2%80%99s-first-forest-living-is-here---Say-hello-to-Ghaf-Woods!).

### Dubai announces a brand-new beach megaproject!

Al Mamzar and Jumeirah 1 beaches are being transformed into world-class destinations for leisure, fun and relaxation, with a 20-metre-long floating pedestrian bridge, a high beach, a scenic walking path and a makeover all worth over AED 355 million! 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1366-Dubai-announces-a-brand-new-beach-megaproject!).

### Dubai Mall is going to see another massive expansion!

Emaar has announced an AED 1.5 billion expansion in Dubai Mall, which features 240 different new retail outlets, restaurants and a whole lot of luxury coming in!

Read [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1365-Dubai-Mall-is-going-to-see-another-massive-expansion!-).

## HOT OFF THE PRESS!

### Paul Kelly - The National

For first-time buyers seeking mortgages, what monthly salary can support affording a home in Dubai?

[Take a read](https://www.thenationalnews.com/business/money/2024/06/06/how-to-buy-property-in-the-uae-and-what-can-you-afford/) at what our Operations Director; Paul Kelly has to recommend. 

## Company Updates

### Step into the opulence of luxury in the heart of DAMAC Hills!

![a0O4V00000MhcRuUAJ_m_yes (24).jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_V00000_Mhc_Ru_UAJ_m_yes_24_d3233c2450.jpg)

This stunning four bed plus maid villa in Damac Hills is all-things luxury.

The villa has been upgraded and modified to create a large open-plan living space paired with the bifold doors into the garden.

Want to see for yourself?

For sale: AED 5,799,999

For bookings, contact [Greg Ware: +971 58 5439 865](https://api.whatsapp.com/send?phone=97144295577&text=Hi+Allsopp+%26+Allsopp%2C%0A%0AI%27m+interested+in+this+property%3A%0A%0A%2AProperty%2A%3A+4+Beds+%7C+Upgraded+And+Modified+%7C+Vacant%0A%2ALocation%2A%3A+%2C+Richmond%2C+DAMAC+Hills.%0A%2APrice%2A%3A+5799999.0%0A%2AReference%2A%3A+L-231831__ANM97UEGVD%0A%0ALink%3A+https%3A%2F%2Fwww.allsoppandallsopp.com%2Fdubai%2Fproperty%2Fsales%2Fdubai-L-231831%0A%20)
Trakheesi Permit: 6510838266





Dubai's Weekly News Snapshot: The Ampersand 07-06-2024


## Don't Fall For These Mortgage Myths! Insider Tips On Dubai's Mortgage Market

<iframe width="560" height="315" src="https://www.youtube.com/embed/fCNkXfkekP8?si=jhXcc5zR3ADo7avi" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

On this week’s episode of Taking Care of Business, join CEO, Carl Allsopp alongside Mortgage Manager; Connor Humble to dive into the world of mortgages.

Uncover how to effortlessly obtain your first mortgage, why the current interest rates will shock you, and bust some popular mortgage myths! 

## The hottest headlines this week!

### UAE tops the charts in WEF tourism rankings for 2024!

In the latest report by WEF (World Economic Forum’s Travel & Tourism Development Index), the UAE has topped the charts for travel and tourism in 2024. 

This progress comes by with a 4.4% increase compared to previous years and is in line with the government's ongoing efforts to develop and innovate within the tourism industry.

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1358-UAE-tops-the-charts-in-WEF-tourism-rankings-for-2024!-).

### Emaar unveils 'Water, Colour and Fire Plaza' at Dubai Creek Harbour

Emaar Developers announced a ‘Water, Color, and Fire Plaza’ at Dubai Creek Harbour. As the name suggests, this project would feature a mesmerising display of fire, vibrant colours, and synchronised music for residents to enjoy around the community. 

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1359-Emaar-unveils-'Water,-Colour-and-Fire-Plaza'-at-Dubai-Creek-Harbour).

### Symbolic Developments launch smart home residences; Symbolic Aura!

Dubai-based real estate developer, Symbolic Developments has launched a smart-home development; Symbolic Aura in Al Furjan worth AED 150 million.

This property is set to introduce 72 premium lifestyle Sky Garden Residences in the bustling Al Furjan neighbourhood of Dubai.

Read [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1351-Symbolic-Developments-launch-smart-home-residences%3B-Symbolic-Aura!-).

## Company Updates

### Allsopp & Allsopp Home Maintenance partner up with Jotun Paints!

![10.png](https://strapiallsopp.s3.eu-west-1.amazonaws.com/10_e4f71a3fe5.png)

We have created an exclusive collection with the team to take the stress out of redecorating. So, if you are thinking of elevating your space, we’ve got you covered! 

Mix, match, and reimagine your space to give it a fresh look just in time for summer. 

Check out our favourite colours [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1343-Spring-styles%3A-Your-top-paint-colours-for-apartments-this-season!-).

### Step into the opulence of luxury in the heart of Arabian Ranches!

![a0O4V00000MhT57UAF_m_AR2 - Yasmin _pages-to-jpg-0001.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_V00000_Mh_T57_UAF_m_AR_2_Yasmin_pages_to_jpg_0001_e953b6710d.jpg)

Take a look around this fully renovated four-bedroom villa in Yasmin, Arabian Ranches 2.

This villa is built on a huge plot and is the perfect home for entertaining. With your very own private pool, a gym, and an outdoor sitting area, everything you could ever want is right at home.

For sale: AED 15,000,000

For viewings, contact [Jack Holland: +971 58 5132 636](https://api.whatsapp.com/send?phone=97144295577&text=Hi+Allsopp+%26+Allsopp%2C%0A%0AI%27m+interested+in+this+property%3A%0A%0A%2AProperty%2A%3A+Fully+Renovated+%7C+Re-Modelled+%7C+Huge+Plot%0A%2ALocation%2A%3A+%2C+Yasmin%2C+Arabian+Ranches+2.%0A%2APrice%2A%3A+15000000.0%0A%2AReference%2A%3A+L-228611__A7PNTNL69D%0A%0ALink%3A+https%3A%2F%2Fwww.allsoppandallsopp.com%2Fdubai%2Fproperty%2Fsales%2Fdubai-L-228611%0A%20)

Trakheesi Permit: 6512560717



Dubai's Weekly News Snapshot: The Ampersand 31-05-2024


## #ICYMI - Our April property market report is out!

In April 2024, property prices reached AED 1,351 per sq. ft., marking 38 consecutive months of growth! Come rain or shine, the market showed tremendous resilience through heavy rains, the Easter holidays and the Eid break. What did April’s numbers look like? 

Powered by Dubai Land Department data and our own Allsopp & Allsopp data, our report offers a clear and easy-to-understand market analysis to help you understand the Dubai real estate market in 2024!

Click [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1350-The-Allsopp-%26-Allsopp-Dubai-Property-Market-Report-for-April-2024!%0A) to check it out!

## This week’s hottest headlines!

### The newest Beverly Hills of UAE: Leading Dubai developers launch Arabian Hills!

ARA Real Estate Development and DECA Properties, in collaboration with Arabian Hills Estate LLC  spearhead the Arabian Hills project. Spanning over 14 phases, a massive 244 million sq ft development was announced, with the estimated land value for Dubai being an impressive $6 billion (AED 22 billion)!

Want to take a look? Click [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1349-The-newest-Beverly-Hills-of-UAE%3A-Leading-Dubai-developers-launch-Arabian-Hills!-).

### Lagoon livin’: DAMAC launches 600 new waterfront apartments!

DAMAC has announced phase 2 of their Lagoon Views, which is situated in the DAMAC Lagoon development. This new phase brings in 600 Mediterranean-inspired one and two-bedroom apartments which will be spread across nine designed buildings.

Check it out [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1354-Lagoon-livin%E2%80%99%3A-DAMAC-launches-600-new-waterfront-apartments!).

### Tiger Properties unveil a rainforest haven - Tiger Sky Views!

Dubai-based developers Tiger Properties have taken things to a whole new level with their newest property launch; Tiger Sky Views. This property alone has broken five world records, and features some of the world’s most impeccable amenities residents could desire. 

Check it out [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1355-Another-record-breaker%3A-Tiger-properties-unveil-a-rainforest-haven---Tiger-Sky-Views!-).

## HOT OFF THE PRESS!

### Lewis Allsopp - The National

How much should you earn to buy a Dubai property worth $1 million?

Click [here](https://www.thenationalnews.com/business/money/2024/05/23/how-much-should-you-earn-to-buy-a-dubai-property-worth-1-million/) to find out what our Chairman; Lewis Allsopp has to suggest!

### Kameron Hutchinson - Khaleej Times

Are many people opting for second jobs?

[Take a read](https://www.khaleejtimes.com/uae/uae-most-employees-have-a-second-job-or-business-expert-says) at what our Director of Recruitment; Kameron Hutchinson has to highlight, and why he believes in the importance of employee discretion. 

## Company Updates

### Wake up to the city beneath your feet in the heart of Za’abeel!

![a0O4V00000NajoQUAR_m_DSC04909-Edit.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_V00000_Najo_QUAR_m_DSC_04909_Edit_5dd161a1e9.jpg)

Come take a look inside this fully upgraded one-bedroom apartment in Zanzebeel! This stunning apartment features the most iconic Burj Khalifa views right on your doorstep.

Want to see for yourself?

For sale: AED 2,600,000

For viewings, [contact Aron Ebsworth: +971 58 538 0995](https://api.whatsapp.com/send?phone=97144295577&text=Hi+Allsopp+%26+Allsopp%2C%0A%0AI%27m+interested+in+this+property%3A%0A%0A%2AProperty%2A%3A+Burj+Khalifa+View+%7C+Fully+Upgraded+%7C+1+Bed%0A%2ALocation%2A%3A+Zanzebeel+1%2C+Zanzebeel%2C+Old+Town.%0A%2APrice%2A%3A+2600000.0%0A%2AReference%2A%3A+L-237268__AESRIU00AD%0A%0ALink%3A+https%3A%2F%2Fwww.allsoppandallsopp.com%2Fdubai%2Fproperty%2Fsales%2Fdubai-L-237268%0A%20)

Trakheesi Permit: 7122113000


Dubai's Weekly News Snapshot: The Ampersand 24-05-2024


Following the hot and heavy success of Q1 2024, April witnessed another milestone for Dubai's real estate market, setting a new record for single-quarter sales performance and reaffirming its resilience and growth trajectory for the third consecutive year!

Even with heavy rainfall and the week-long Eid holidays, nothing could stop the market from keeping its momentum. The Dubai Land Department reported AED 25 billion in sales transactions for April, which is a whopping 53.1% increase from the start of the year. Off-plan sales remained in the lead, accounting for 64.3% of the total sales volume, while secondary sales followed with 35.7%.

On the sales front, Allsopp & Allsopp noted the top three notable sales transactions in Jumeirah Golf Estates and Jumeirah Islands. The highest being AED 21 million in Redwood Avenue, followed by a villa sale in the Entertainment Foyer at Jumeirah Islands valued at AED 16.3 million and another Jumeirah Golf Estates sale at Sienna Views, valued at AED 11.6 million.

Prices kept to their upward trajectory with property prices rising in the month, continuing a streak of 38 months of consecutive growth. The current price per sq ft in April reached AED 1,351, the newest peak recorded since September 2014.

AED 0-3 million remains the most popular price band for buyers, accounting for almost 80% of all April sales. This also shows a strong interest from first-time buyers entering the market.

Moreover, the off-plan market continues to thrive, with over 3,000 units handed over in April alone. Building on the positive trends from Q1 2024, we expect a total of 45,597 units to be handed over by the end of the year.

Looking into the Allsopp & Allsopp lettings data, we saw some exciting activity in the lettings market. Viewings and client registrations were up by 64% and 17% respectively when compared to Q1 2023, likely thanks to the growing population in Dubai. Despite the rains and holidays, our lettings department remained buzzing with activity, bouncing back just a few days after the rains.

And with over 25,000 new residents moving to the UAE this year, the big question remains - can the supply of properties keep up with the growing demand?

Click below to view the report:

<br/>
<a target="_blank" Href="https://strapiallsopp.s3.eu-west-1.amazonaws.com/April_Snapshot_2024_04abbd0a44.pdf?updated_at=2024-05-22T10:56:19.778Z"><button class="subscribe mx-auto" style="color:#fff !important;display:flex;"><span style="color:#fff !important;">View the report here</span> </button></a> 
<br/>

<br/>

### For media enquiries and interview opportunities:

PR & Communications

Allsopp & Allsopp

E: PR@allsoppandallsopp.com

T: 971 52 510 4576

The Allsopp & Allsopp Dubai Property Market Report for April 2024!


## #ICYMI - The World's Biggest Airport Revealed! Dubai's Evolution To Prepare For 250 Million Travellers

<iframe width="560" height="315" src="https://www.youtube.com/embed/dzCICgMl4xQ?si=X1gtDN2zcJ9hldFE" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

On last week’s episode of Taking Care of Business - the brothers are back!

Lewis Allsopp, Chairman of Allsopp & Allsopp, and Carl Allsopp, CEO of Allsopp & Allsopp, break down the biggest Q1 real estate trends and the news headlines set to push the market even further.

Tune in to find out how many sales occurred below AED 3 million, what’s driving rental viewings up by 126%, and what you can expect in Q2 2024.

## This week’s hottest headlines!

### Sheikh Hamdan launches the Quality of Life Strategy 2033 in Dubai

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai recently greenlit the Dubai Quality of Life Strategy 2033, which is set to mark a significant leap towards elevating the well-being and experiences of residents and investors in Dubai. 

This comprehensive plan includes more than 200 projects and initiatives. 

Want to check it out? Click [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1348-Sheikh-Hamdan-launches-the-Quality-of-Life-Strategy-2033-in-Dubai).

### Dubai announces the all-new 10-year Blue Visas!

The United Arab Emirates has unveiled a new 10-year Blue Residency visa for residents who are actively contributing to both marine and land environmental protection.

You can read more [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1347-UAE-launches-another-10-year-Blue-Residency-visa!).

### Dubai Mangroves: The world’s largest restoration project announced!

Dubai Mangroves will serve as natural habitats, enhancing seagrass beds and coral reefs while providing valuable ecological benefits.

Set to stretch across 72 kilometres of coastline, this stunning project aims to plant over 100 million mangrove trees, marking it as the largest coastal regeneration project of its kind globally.

Take a look [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1346-Dubai-Mangroves:-The-world%E2%80%99s-largest-restoration-project-announced!-).

### SORA Beach Residences come on board Al Marjan Islands!

SORA is set to be a luxurious waterfront development located on the shores of Al Marjan Island in Ras Al Khaimah.

Valued at AED 4 billion ($1.1 billion), this landmark project is situated by the water, where residents can expect an array of top-of-the-line amenities. With a built-up area of 1.8 million square feet, the property will feature 18 floors of sea views from every residence!

Wanna check it out? Click [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1345-Ultra-luxury-living:-SORA-Beach-Residences-come-on-board-Al-Marjan-Islands!-).

## HOT OFF THE PRESS!

### Lewis Allsopp - Arabian Business

How is the new mega Al Maktoum International Airport set to drive real estate growth in Dubai South? 

Click [here](https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-new-mega-al-maktoum-international-airport-to-drive-real-estate-growth-in-dubai-south-says-new-report) to find out what our Chairman; Lewis Allsopp has to share! 

### Paul Kelly - Khaleej Times

How will the real estate market benefit from property websites linking listings with the Dubai Land Department’s systems to avoid fake listings and fines?

[Take a look](https://www.khaleejtimes.com/uae/dubai-property-listing-websites-asked-to-integrate-systems-with-authorities-to-ensure-no-fake-listi) at what our Operations Director; Paul Kelly has said! 

## Company Updates

### Experience European living in the heart of Jumeirah Islands

![a0O4S000000VJZNUA4_m_DSC05075.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_S000000_VJZNUA_4_m_DSC_05075_cbb56ebdba.jpg)

Come home to this upgraded five-bedroom villa in the European Cluster, Jumeirah Islands.

Built on a huge plot, this fully upgraded villa offers top of the line amenities, smart home features and its very own private pool.

For sale - AED 21,500,000 - Contact [Jamal Tuzgani](tel:+971563502693) to book a viewing! 

Trakheesi Permit: 6586609000




Dubai's Weekly News Snapshot: The Ampersand 17-05-2024


## Surviving The Storm: Over 1 Billion Dirhams in Motor Claims and Your Ticket to Saving Thousands

<iframe width="560" height="315" src="https://www.youtube.com/embed/WJC4YS6jIFY?si=y_X5M6e_IITkm-4o" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

On this week’s episode of Taking Care of Business, join CEO, Carl Allsopp and Managing Director of Beneple, Sonny Ridgewell, as they talk all things insurance after Dubai's heaviest rainfall in 75 years. From AED 1 Billion in motor claims, the importance of home insurance, and the fine print in your insurance that can save you thousands.

## The hottest headlines this week!

### Sheikh Mohammed greenlights the expansion of Al Maktoum Airport!

Set to become one of the world’s largest, this project boasts a new passenger terminal with unprecedented amenities, set to redefine airport standards. With an estimated cost of AED 128 billion, it will accommodate a remarkable 260 million passengers annually, surpassing Dubai International Airport's capacity.

Check it out [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1330-Welcome-aboard:-Sheikh-Mohammed-greenlights-the-expansion-of-Al-Maktoum-Airport!).

### Say hello to Amali Island on World Islands

Amali Properties has announced the launch of Amali Islands, an ultra-luxurious island featuring 24-mansions in the World Islands.

The island spans a total area of 1,200,000 sq ft. spread over two of the World Islands – Uruguay and São Paolo, and is set to be one of the most expensive islands from the World Islands project.

Want to take a peek? [Check it out.](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1332-Ultra-luxury-living:-Say-hello-to-Amali-Island-on-World-Islands)

### RTA announces a new Dubai Marina exit, slashing travel times by 60 percent!

In Dubai Marina, a new free exit has been built across Al Seba Street which will allow motorists to take the new exit from Al Seba Street towards the intersection of Garn Al Sabkha Street. Expect traffic to reduce by 60% with two lanes to accommodate over 20,000 cars at one point!

Click [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1331-RTA-announces-a-new-Dubai-Marina-exit,-slashing-travel-times-by-60-percent!) to check it out.

## HOT OFF THE PRESS!

### Paul Kelly - Arabian Business

What nationality of buyers is the highest ranking in Dubai’s property market, and what kind of homes are they looking for?

Check out what our [Operations Director, Paul Kelly](https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-british-investors-overtake-indians-russians-in-record-numbers-as-they-flock-to-uae-for-golden-visas-tax-free-luxury-living) shared!

### Fintan Flannelly - Khaleej Times

What does the new Amali Islands launch mean in the real estate market?

[Read](https://www.khaleejtimes.com/uae/look-new-private-island-in-dubai-to-have-floating-helipad-mansions-worth-up-to-dh250-milion) what our Head of Developer Sales has to say!

### Russ Wilson - The National

With the recent rain storm taking place in the UAE, what are some measures homeowners can take to avoid rain damage in the future?

Click [here](https://www.thenationalnews.com/news/uae/2024/05/01/uae-weather-how-to-keep-your-home-safe-and-secure-in-a-storm/) to find out what our Head of Home Maintenance, Russ Wilson has to suggest.

## Company Updates

### Meet our champion: Carter Costello!

![Carter Costello-Web.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/Carter_Costello_Web_792a8449fe.jpg)

This week, Allsopp & Allsopp’s very own; Carter Costello took home the champion belt from the OnlyComms fight night! 

We are so proud of you, Carter!

### Live it up in Lime Tree Valley!

![a0O4S000000VEGlUAO_m_A12 LIME TREE VALLEY EXTERIORS-1.jpeg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_S000000_VE_Gl_UAO_m_A12_LIME_TREE_VALLEY_EXTERIORS_1_8f17a290e4.jpeg)

Come home to this sought-after villa in the Lime Tree Valley, Jumeirah Golf Estates.

Featuring a Valencia-style exterior, stunning lake views and a private pool, this 5 bed villa is the perfect retreat, and escape from the hustle bustle of the city! 

For sale: AED 16,995,000

For bookings, [contact Darren Murphy: +971 56 7995 941](https://www.allsoppandallsopp.com/dubai/property/sales/dubai-DUB150063)

Trakheesi Permit: 6511919851





Dubai's Weekly News Snapshot: The Ampersand 03-05-2024


## The UK property goldmine: how YOU can pocket 60% ROI in real estate

<iframe width="560" height="315" src="https://www.youtube.com/embed/1G1WzunxfgU?si=uGUsA2NW1KOhz1fd" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

Think you can’t invest in the property market with as little as AED 150,000? Think again.

On this week’s episode, tune into Taking Care of Business to find out how with our CEO, Carl Allsopp as he’s joined by the CEO of API Global, Michael Leighton - the UK’s leading property investment company. 

## #ICYMI - Q1 2024 is a continued success story for Dubai’s property market!

![Email Banner - July@2x-100.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/Email_Banner_July_2x_100_0595c91bb8.jpg)

In Q1 2024, the Dubai property market continued to soar, becoming a place of optimism for buyers, sellers, renters and landlords alike. 

Powered by Dubai Land Department’s open source data and our own Allsopp & Allsopp data, our Q1 report is aimed at buyers, sellers, landlords, and tenants, offering a clear and easy-to-understand market analysis to help you understand the Dubai real estate market in 2024!

Click [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1323-The-Allsopp-&-Allsopp-Dubai-Property-Market-Report-for-Q1-2024!) to check it out!

## The hottest headlines this week!

### Emaar launches Valo: The newest project in Dubai Creek Harbour

Valo is an architectural masterpiece, set to sit in the heart of Dubai Creek Harbour. It will feature 1-3 bedroom premium apartments that feature unique energy-efficient designs and crafted interiors.

Is this a new wave of sustainable luxury for the city?

Check it out [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1320-Emaar%E2%80%99s-new-luxurious-haven---Valo-in-Dubai-Creek-Harbour).

### Revved up luxury: Aston Martin announces  branded residence in Ras Al Khaimah

Britain's iconic luxury car brand, Aston Martin, is branching out to branded residences with a project on the Al Marjan Island in Ras Al Khaimah. They are teaming up with London-listed property developer, Dar Global!

The property is set to be handed over in 2028, and you can read all about it [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1325-Aston-Martin-branded-residences-are-on-the-horizon!-).

### Rain rain, go away: How is the government supporting residents with storm recovery?

Last week, residents of the UAE faced the toughest storm in over 75 years, with flash floods and serious damage across homes, offices, cars and public transport systems. What is the government doing to assist with recovery?

Read [more](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1327-Rain-in-Dubai:-The-government%E2%80%99s-impressive-storm-recovery-initiatives!) to find out.

### Dubai has ranked top 10 amongst the most affordable global destinations

In a recent study by Rustic Pathways, the costs for a one-night city break per person including hotel, meals, transportation, entertainment, alcohol, and tips calculated and ranked Dubai as 8th out of 10 in a global ranking. 

## HOT OFF THE PRESS!

### Nathalia Klein - Lynchpin Media (UK)

How do you encourage your team to work well together?

Click [here](https://www.intelligentcxo.com/2024/04/26/editors-question-how-do-you-encourage-your-team-to-work-well-together/) to see what our Chief People Officer, Nathalia Klein has to say about this.

### Anisha Sagar - Khaleej Times

With tenants facing damages across their homes post-rain in the UAE, how are landlords and property managers springing into action? 

Check out what our [Director of Property Management; Anisha Sagar](https://www.khaleejtimes.com/uae/uae-landlords-developers-to-bear-primary-cost-for-property-damages-after-extreme-weather), has to say about it.

### Fintan Flannelly - Gulf News

How will homeowners maintain rainfall damages, and what are developers doing to help?

Check out what our [Head of Developer Sales, Fintan Flannelly](https://gulfnews.com/business/property/rain-in-uae-how-will-dubai-homeowners-manage-rain-linked-repairs-1.1713759096974) has to say about this.

## Company Updates:

### Wake up in the sky, in the heart of Dubai Marina!

![a0O4S000000VD1dUAG_m_DSC04694.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_S000000_VD_1d_UAG_m_DSC_04694_b6d1bf30e1.jpg)

This stunning four-bed duplex penthouse in Dubai Marina has a private plunge pool, a cinema room, and a custom-built staircase - an upgraded unit that has it all.

For sale: AED 14,000,000

For bookings, [contact Daniel Perry: +971 55 7770 387](https://api.whatsapp.com/send?phone=97144295577&text=Hi+Allsopp+%26+Allsopp%2C%0A%0AI%27m+interested+in+this+property%3A%0A%0A%2AProperty%2A%3A+4+Bedroom+%7C+Upgraded+%7C+Duplex+Penthouse%0A%2ALocation%2A%3A+%2C+23+Marina%2C+Dubai+Marina.%0A%2APrice%2A%3A+14000000.0%0A%2AReference%2A%3A+DUB209495__A3S549PWCD%0A%0ALink%3A+https%3A%2F%2Fwww.allsoppandallsopp.com%2Fdubai%2Fproperty%2Fsales%2Fdubai-DUB209495%0A%20)

Trakheesi Permit: 7154084650



Dubai's Weekly News Snapshot: The Ampersand 26-04-2024


## Q1 2024 - Dubai real estate’s success story continues!

The first quarter of 2024 has definitely ignited a surge of continued activity and optimism. Building on the momentum of the previous year, Q1 witnessed a remarkable uptick in transactions, setting a promising tone for the remainder of the year.

This report offers a comprehensive analysis of the Dubai property market, utilising data from the Dubai Land Department (DLD) and Allsopp & Allsopp first-party sources, and is an ideal resource for individuals interested in buying, selling, renting or leasing properties in Dubai in 2024.

Sales transactions jumped by 19.3%, from a total of 33,346 transactions valued at AED 85 billion. Apartments remained the top choice, while off-plan sales dominated the market making up 57% of all transactions.

Allsopp & Allsopp witnessed a 24% surge in sales activity, with Arabian Ranches and Dubai Marina as the leaders for transactions. Finance buyers surpassed cash buyers, with purchases soaring in the AED1-3 million range, signifying a rise of first-time buyers in the market. 

The lettings market also saw a 126% increase in viewings compared to this period last year! Our team recorded significant transactions with British, Indian, Russian, and French nationals in the top tenant demographics.

As lettings prices rise, the question remains: will we see an increase in sales transaction volumes follow suit?

Click below to view the report:

<br/>
<a target="_blank" Href="https://strapiallsopp.s3.eu-west-1.amazonaws.com/March_1_4419cd169c.pdf?updated_at=2024-04-26T12:57:20.543Z"><button class="subscribe mx-auto" style="color:#fff !important;display:flex;"><span style="color:#fff !important;">View the report here</span> </button></a> 
<br/>

<br/>

### For media enquiries and interview opportunities:

PR & Communications

Allsopp & Allsopp

E: PR@allsoppandallsopp.com

T: 971 52 510 4576

Email Banner - July@2x-100.jpg

The Allsopp & Allsopp Dubai Property Market Report for Q1 2024!


## Selling smarter and investing wiser with Spencer Lodge

<iframe width="560" height="315" src="https://www.youtube.com/embed/wg6cj6MFEs4?si=ZiMPwxQG9U0cA6vU" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

On this week’s episode of Taking Care of Business, join Chairman, Lewis Allsopp alongside sales guru and serial entrepreneur, Spencer Lodge. Uncover the secrets to selling smarter, discover the hacks to successful investments and what it takes to run a business in Dubai!

This is one you do not want to miss out on!

### The UAE sees the heaviest rainfall in 75 years…

This week, the UAE faced the toughest storm in 75 years, seeing a whole year’s worth of rainfall in one day, causing major damages and flooding in many homes - we hope everyone is safe and our heart goes out to those deeply affected by the storm. 

We’ve rounded up a few ways for you to battle the storm damages at home - click here.

## The hottest headlines this week:

### RTA announces another 1.6km tunnel to ease traffic across Dubai!

This week, RTA has announced another 1.6km tunnel to ease traffic across Al Khaleej Street down from Infinity Bridge. Set to span across 1,650 metres, it will host six lanes to accommodate the flow of up to 12,000 vehicles per hour in both directions.

Click [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1310-Traffixed%3A-RTA-announces-another-1-6km-tunnel-to-ease-traffic-across-Dubai!-) to read more.

### Dubai International Airport was crowned the world's busiest!

The Airports Council International (ACI), has just released its rankings for the busiest aviation hubs worldwide. Dubai International Airport (DXB) was awarded as the world’s busiest airport for the 10th consecutive year in a row.

The airport catered to 86.9 million passengers in 2023, and these traffic figures were 31.7% up from 2022!

Check it out [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1312-Fasten-your-seatbelts%3A-Dubai-International-Airport-was-crowned-the-world's-busiest!).

## HOT OFF THE PRESS!

### Lewis Allsopp - Arabian Business

Is Dubai’s property market set to soar amidst UAE coming off the FATF Greylist? And what does Allsopp & Allsopp’s Q1 data have to suggest? 

Click [here](https://www.allsoppandallsopp.com/dubai/about-us/news-videos/1311-Is-Dubai%E2%80%99s-property-market-set-to-soar-amidst-UAE-coming-off-the-FATF-Greylist%3F-) to find out what our Chairman, Lewis Allsopp has to say about it.

## Company Updates

### Picture living in the green heart of Dubai

![a0O4V00000Mhb29UAB_m_ASHJAR E3-11.jpg](https://strapiallsopp.s3.eu-west-1.amazonaws.com/a0_O4_V00000_Mhb29_UAB_m_ASHJAR_E3_11_5e924f762b.jpg)

Discover luxury living in the sought-after community of Ashjar, Al Barari.

This top-floor three bedroom apartment offers unreal panoramic views, a cosy master bedroom overlooking the lake, and a sun-soaked living space perfect for relaxation.

How great does that sound?

For sale: AED 7,750,000

For bookings, contact [Michael Kempton: +971 58 5102 190](https://api.whatsapp.com/send?phone=97144295577&text=Hi+Allsopp+%26+Allsopp%2C%0A%0AI%27m+interested+in+this+property%3A%0A%0A%2AProperty%2A%3A+Vacant+%7C+Top+Floor+Luxury+%7C+Panoramic+Views%0A%2ALocation%2A%3A+%2C+Ashjar%2C+Al+Barari.%0A%2APrice%2A%3A+7750000.0%0A%2AReference%2A%3A+L-231265__ALUC9QS3SD%0A%0ALink%3A+https%3A%2F%2Fwww.allsoppandallsopp.com%2Fdubai%2Fproperty%2Fsales%2Fdubai-L-231265%0A%20)

Trakheesi Permit: 7117994178



Keeping you up to date with everything that is happening in the Dubai property market.