Insights
Discover the latest market insights and hear our expert opinion
Setting the Stage for Growth: Demand Dubai Tourism in 2023: Recovery and Resilience Despite global conflicts and recent regional unrest, Dubai’s economy, driven by key sectors, remained steadfast in its recovery. The performance of the tourism sector reflects as much. In 2023, the city welcomed 17.15 million overnight visitors, surpassing its previous high of 16.73 million in 2019 and the […]
A yearly review of the Dubai real estate market, highlighting the key trends and market forecast.
Understanding luxury Luxury is a concept as old as philosophy itself. It has stirred debate for centuries. From the musings of Plato to modern economic thinkers like Werner Sombart and Thorstein Veblen, interpretations of the concept of luxury may differ, but they all seem to agree that luxury is an important aspect of society. Sombart championed luxury’s central role in […]
A swift recovery and return to sustainable growth What’s behind the remarkable post-pandemic performance of Dubai’s hospitality industry? Despite the curveballs thrown by COVID-19 and recent global conflicts that disrupted travel worldwide, Dubai is defying the odds and emerging as the superstar of the tourism world. In the first half of this year, a staggering 8.5 million globetrotters chose […]
Perspectives on sustainability Architects, planners and regulators alike all favour sustainable buildings, each with good reason: to design, shape and order new developments that will benefit the planet and improve the environment. The upcoming COP28 Conference in Dubai,[1] and the prioritisation of carbon emission reductions through the circular economy as an integral part of 2023 as the Year of Sustainability,[2] […]
GCC Inflation: perception and reality At the beginning of 2023, the consensus perspective is that the global economy is far from out of the inflationary woods yet. After a global average of 8.8% last year, opinions now diverge as to the curve of the downward trajectory this year, from the IMF’s global estimate in October 2022 of 6.5%1, to a […]
Ajman is the UAE’s smallest emirate, however, what it lacks in size it makes up for in culture, diversity and opportunity. Ajman real estate provides an incredibly untapped market for both local and foreign investors. In this article, we will discuss the fantastic features of Ajman that make it a worthwhile region to buy, sell and rent a property. We […]
Investing in a rental property is a big commitment. Aside from the demands of the sale itself, the long-term management of the property takes great dedication and energy. That is why many landlords turn to property management companies for valuable advice and professional services. In this article, we will discuss the role of a property manager along with the main […]
