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25 March 2025
Executive Summary
Abu Dhabi’s economy has experienced solid growth, with a 39% GDP increase in the first nine months of 2024, largely driven by the non-oil sector, which now contributes more than half of the economy With growth projected at 50-60% in 2025 and inflation remaining stable, the outlook remains
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17 March 2025
Dubai Tourism Overview
In 2024, Dubai set a new tourism record, welcoming 187 million overnight guests—a 91% increase from the 171 million visitors recorded the previous year This growth aligns with the strategic vision of Sheikh Mohammed Bin Rashid Al Maktoum, as outlined in the Dubai Economic Agenda D33, which
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11 March 2025
The recent decision by the Dubai Land Department (DLD) to allow private property owners of properties on Sheikh Zayed Road (from the Trade Centre Roundabout to the Water Canal) and Al Jaddaf area to convert their ownership status to freehold to all nationalities marks a pivotal shift in the
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10 March 2025
Introduction
How can tenants know whether they are getting a good deal or not? How can investors determine whether the rent currently being paid on an existing property (the ‘passing rent’) is above or below the market? And how can existing owners know on what basis they should invest in
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muscat@cavendishmaxwell.com
Villa 836 Way 3012, Al Sarooj, P.O. Box 3438, Muscat, Sultanate of Oman
