If you are tired of going to the big malls merely to go shopping, you might like to try the less popular malls in Dubai. One of these is the Galleria Mall Dubai which is convenient for the residents of Jumeirah.
Many people often decide precariously about renting or buying their own home in Dubai. Found out the difference between renting a home and owning a home in Dubai here!
It’s a good thing that things are now changing, and people have started to see the value in this particular generation. In fact, millennials are known for their contribution to commercial realty, among other business industries.
Here are the latest events in Dubai in terms of business, real estate, and the economy in general. Don’t miss out on the most important updates here…
A lot of events are taking place this week in Dubai in terms of business, real estate, and the economy in general. Read the most important updates here…
Everyone can expect the 2019 Dubai Shopping Festival to be bigger than ever. It’s not merely the usual month-long festival with bargains, events, raffles, and fireworks. Some malls in the UAE hosted a 12-hour sale with discounts of up to 90 percent on the first day of the festival.
Due to the UAE’s efforts to stimulate business investments, Dubai expects that there is almost a complete halt in the state spending growth since revenues expand slowly. This has been reported in the 2019 state budget which was released recently.
The market forecast shows that the Dubai real estate for 2019 will stay pro-buyer. There is an ample supply that is both existing and being delivered which ensures that sales prices are under pressure.
The economic recovery of Dubai was underlined in the 2013 annual report provided by the Dubai Chamber of Commerce and Industry. It was revealed that the GDP increased by 5 percent in 2013. Exports and re-exports also increased with its members growing by 8 percent.
As 2019 advances, it is only fitting to review Dubai’s property market for 2018. It’s better to talk to the authority on this like Lynnette Abad, the director of data and research at the Property Finder Group.