Renting or buying property in the U.A.E is a question that one is often faced with during their stay in Dubai. A rather important decision to make which can, either way, depend on a multitude of factors. Length of Stay Often the biggest identifier in making investments is the length and purpose of your stay. The majority of the city, being ex-pats, rely on a short-term rental basis...
Here’s all you need to know about the new unique project in Dubai. Set amid the Arabian Gulf, this trending upscale resort is set to take the tourism industry by storm. Developed by two leading engineering firms in the region – Seagate Shipyard and El Bahrway Group and managed by Kempinski, The Sea Palace Floating Resort is designed to reflect the region’s upstanding reputation. Kempinski which...
What does this mean for the Real Estate Industry? For many, COVID-19 has taken a big hit in workplace conditions. Over the last 18 months, COVID-regulated measures have increasingly made an impact in organization policies and implementing new workplace arrangements. Seeing, the rise in the number of cases following December 2021, COVID-19 has created a spike in precautionary measures, and Work from...
The benefits of investing in rental properties can be multi-fold but for many, it includes one common reason: to make money. Investing in rental properties can help generate a substantial income, however, there is a lot of preparation, attention to detail, and a laid-out plan necessary, to help make this happen. Whether you’re in it solo, or with the help of a property manager, here are a few factors to...
Similar to most sectors of the world that were affected by the impact of COVID-19, the hospitality and tourism sector was one that took a significant blow. A recent report conducted by Deloitte indicated a 28% drop in YTD occupancy from the year 2019 to 2020 during the same period in Dubai. In terms of the residential market, 39% of investors from the world’s most developed markets believe that real...