Infrastructure for Expo 2020 and the Golden Visa, according to the real estate services company, will propel growth even further in the second half of the year.
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The venture capital fund will start in June 2022 and last for eight years, with a two-year extension option. More than 8,000 jobs for newcomers are expected to be created.
Dubai has created an ideal environment for digital nomads in terms of quality of life, experience, and infrastructure, in addition to attractive remote working visa options.
DUBAI, United Arab Emirates — Emirati property magnate Hussain Sajwani is on a high following a record start to the year for Dubai's property market.
The Dubai Land Department reported a total of 2,098 real estate transactions worth AED4.5 billion during the week ending February 18, 2022.
The Dubai real estate market recorded 5,797 sales transactions worth Dh16.69 billion last month, making it the best January on record, according to Property Finder's monthly report released on Thursday.
Despite COVID-19 variants causing market uncertainty, experts predict that Dubai real estate will continue to attract global investors this year, as strategic government initiatives, visa reforms, a resilient economy, and a successful pandemic strategy will continue to attract global investors.
Following luxury homes, mid-market properties will have their day in the sun.
Rents for villas and apartments in Dubai will continue to rise this year, but at a slower rate.
Mirdif, Akoya Oxygen, and JVC all reported high demand for affordable villas.