Weekly Roundup 7.3.22

Weekly Roundup 7.3.22

Friday 11 March 2022Wed 16 Feb
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Weekly Roundup 7.3.22

As we enter into the third month of the year (yes, already!), we can see that the Dubai property market is continuing to rally through 2022! This week saw the news of the virtual assets law being approved in Dubai - excellent news for the real estate market and for the Dubai economy! More on that below! 

SLS Open House Event

We’re holding an open house event the luxurious SLS on the 12th March between 12pm - 4pm!

The residential apartments offer an incredible 7% ROI guaranteed and also come with a diamond tier membership from Accor. The entry point price is AED 460,000. If you’re interested in owning one of these decadent properties, whatsapp Fintan now! 

Property of the week

Live the high life in this upgraded Penthouse in Dubai Marina!

Get ready to fall in love with this fully upgraded duplex penthouse apartment in Bay Central. The property features 5 bedrooms, study room, open plan living room, and kitchen area that has been fully upgraded with modern fittings. It’s ideal for the whole family and is in a prime location in the city.

Interested? Contact Ryan Hudson on + 971 (0)56 192 2814 for more details.

Come and work with the best!

Think you've got what it takes to be part of the largest and leading real estate company in Dubai? If the answer is Yes, then we want to hear from you! 

In March, Recruitment Director Kameron Hutchinson and Senior Recruiter Joe Lennon are making their way to the UK to hunt for new talent. You don't need real estate experience to join our team, but you need a willingness to learn, hunger to succeed, and passion!

Ready to make some life-changing money? Join us at one of our upcoming recruitment events. Please register your interest by emailing careers@allsoppandallsopp.com 

New Virtual Assets Law

The approval of the virtual assets law and the establishment of the Dubai Virtual Assets Regulatory Authority is a step ahead for Dubai. The city remains at the forefront of emerging technologies and aligns with how the world is developing. 

By creating an authority and infrastructure to measure and facilitate the growth of virtual assets, the UAE is keeping itself ahead of most of the world. 

Our CEO, Lewis Allsopp thinks this will have an impact on business start-ups, established businesses opening offices in Dubai, innovation, creation and so much more which proves again that Dubai's vision is set on the advancement for the future.

The law and regulatory authority is welcomed by all current and future citizens and residents of the UAE. The real estate and holiday home industries are sure to benefit greatly and he predicts this will entice property investors who can buy property with their cryptocurrency.

https://www.thenationalnews.com/business/cryptocurrencies/2022/03/09/dubai-adopts-first-law-regulating-virtual-assets/

Source: The National 

How to lease your first office in Dubai

With start-up businesses on the rise in Dubai, Emrah Yar, our Head of Commercial has put some pointers together on how to lease your very first office in the city 

If you’re in the throws of setting up a new company, you’ll be aware that an office is an essential part of the process and needed in order to get a trade license. 

https://www.arabianbusiness.com/opinion/explainer-a-step-by-step-look-into-how-you-can-lease-your-first-office-in-dubai

Source: Arabian Business

No fee increase for Dubai Schools 2022/2023

Parents rejoice! Private schools across Dubai will not be eligible for any fee increase for the 2022-23 academic year, the emirate’s education regulator Knowledge and Human Development Authority (KHDA) has said following the release of the latest Education Cost Index (ECI), which measures annual changes in the costs of running a school, including salaries, rent and utilities.

https://web.khda.gov.ae/en/About-Us/News/2022/No-fee-increase-at-Dubai-schools-for-2022-23-acade

Source: Dubai Government 

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