Hotels hospitality and leisure

Showing posts for hotels hospitality and leisure

2 April 2025

Dubai Metro Blue Line: Transforming Real Estate and Connectivity

The Dubai Metro has played a pivotal role in the city’s development since its launch in 2009. The addition of the Blue Line underscores the government’s commitment to seamless public transport solutions, aligning with the Dubai 2040 Urban Master Plan. With a goal to have 55% of residents within 800 metres of mass transit stations, the Blue Line will serve as a critical component of this vision, fostering sustainable growth and accessibility.
17 March 2025

Dubai Hospitality Sector – Market Performance 2024

In 2024, Dubai set a new tourism record, welcoming 18.7 million overnight guests—a 9.1% increase from the 17.1 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 aims to position Dubai among the world’s top three global tourism destinations.
11 March 2025

Sheikh Zayed Road: Dubai’s Newest Freehold Area – What it Means for Investors

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 city’s property landscape. This move is set to redefine investment dynamics […]
19 February 2025

Kuwait eases property laws around foreign ownership

Kuwait is gradually opening its real estate market to foreign ownership. It has now updated its law to allow entities licensed by the Kuwait Direct Investment Promotion Authority (KDIPA), companies listed on the Kuwaiti stock exchange and licensed real estate funds and investment companies to own property in the country for their operations or for employee housing. While limited in […]
17 February 2025

Choosing the right survey: A guide to property inspections in Dubai

In Dubai’s real estate market, making informed decisions is essential for both buyers and sellers. Whether you’re purchasing a luxurious villa, a commercial space, or even an off-plan property, property inspections and surveys play a pivotal role in ensuring that your investment is secure, and your transaction is transparent. In this article, we will dive into the critical importance of […]
20 January 2025

Are Urban Walkway Networks a New Frontier of Real Estate Valuation?

In many cities around the world, there are now pedestrian walkway networks that complement public transport and the road network. The many benefits of these networks feature in government analysis worldwide and
15 January 2025

Currency Adjustment Real Estate Indices: An Update to 2025

When we introduced currency adusted real estate indices six years ago, we argued that alongside multinational corporates,[1] international real estate investors are inadvertent currency speculators, facing currency risk from unhedged investments. We pointed out that they receive two returns: the performance of the real estate itself, and then a gain or loss as a result of changes in the value of the currency in which the real estate performs and that of the overseas investor. Since then the argument that currency volatility can be significant, and the return from the currency can sometimes swamp the performance of the real estate in domestic currency has been amply demonstrated.
9 January 2025

The Role of Highest and Best Use Analysis in Dubai to Maximise Land Value

Dubai’s real estate market is essential to its global appeal, driven by innovative developments and forward-thinking urban planning. One critical component of real estate valuation in this market is the concept of highest and best use (HBU). This analytical approach is not only fundamental to appraisals but also a tool for unlocking the full potential of properties in a rapidly […]
2 January 2025

A Short Guide to RICS Valuations in Dubai’s Property Sector

Dubai’s property sector thrives on ambition, innovation, and rapid growth. Amidst this dynamic environment, accurate and reliable property valuations are critical for informed decision-making by stakeholders. From multinational investors to local developers, stakeholders demand valuations that are objective, consistent, and transparent. This is where RICS (Royal Institution of Chartered Surveyors) valuations in Dubai stand out. With a global reputation built […]
26 December 2024

The Secret to Dubai’s Luxury Hotels – What Makes Them Unique?

Dubai’s luxury hotel sector is synonymous with opulence, innovation, and world-class service, positioning the city as a global leader in the hospitality industry. Iconic landmarks such as the Burj Al Arab and Atlantis, The Palm, along with a host of newer entries like the Bulgari Resort and Nikki Beach Resort & Spa, exemplify how Dubai has redefined luxury. But what […]
18 December 2024

Benchmarking Key Indicators for Saudi Giga-projects: Challenges, Methodologies and Solutions

Saudi Arabia has embarked upon a massive development programme as part of its Vision 2030 plan. This programme includes 14 large-scale and ambitious developments, which it is calling ‘giga-projects’. The most well-known of these is NEOM, but other projects include ROSHN, the Red Sea Project and Jeddah Central.
9 December 2024

Branded Residences: Four Key Considerations

The significance of brands and branding for the consumer goods industry is beyond the slightest doubt. The combination of generational effects and online marketing has served to reinforce their importance during the last two decades. Nowhere is this more obvious than in the Gulf, where branded luxury goods, in particular, have formed a larger percentage of consumer spending than anywhere else.

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