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145 articles in News

Dubai Breaks Records and Becomes the World’s Most Visited City in 2025
Feb 19, 20264 Min

Dubai Breaks Records and Becomes the World’s Most Visited City in 2025

Dubai marked a historic milestone in the year 2025 by becoming the most visited city in the world. This milestone confirms Dubai’s status as a global city and is the culmination of years of strategic planning, significant investment, and the creation of tourism infrastructure within the emirate. Official reports indicate that Dubai outstripped several well-known and established global tourism destinations this year. Dubai’s Tourism Record-Breaking Performance in 2025 According to published statistics, Dubai’s tourism sector broke all records in its performance in 2025. In fact, statistics indicate that within the first half of 2025 alone, it was estimated that a total of 10 million tourists entered Dubai. This number indicates a notable increase compared to the same period in 2024. Some notable aspects of Dubai’s record-breaking performance include: The growth in tourists was not confined to any particular season. The number of tourists was high even during peak travel seasons and low travel seasons. Dubai ended 2025 with the highest number of international visitors globally. Impact of Tourism on Dubai and UAE Economies The rise in tourism in 2025 played a crucial role in enhancing the economy of Dubai and the UAE. Estimates indicate that the tourism industry contributed hundreds

Dubai’s 2025 Population Boom: A Strong Signal for Real Estate Investors
Feb 19, 20264 Min

Dubai’s 2025 Population Boom: A Strong Signal for Real Estate Investors

Official statistics show that Dubai has once again solidified its status as one of the world's most desirable and rapidly expanding cities. The city's population increased by 17,669 in just one month, reaching 4,044,273 as of November 13, 2025 a figure that considerably adds to the UAE's overall population growth. This remarkable increase is a reflection of Dubai's allure for long-term migration, business prospects, luxury living, and investment. More significantly, though, this data makes it very evident to real estate investors: The real estate market in Dubai is about to enter one of its peak periods. Why Dubai's Population Growth Offers Real Estate Investors a Fantastic Opportunity The demand for and value of real estate are directly impacted by rapid population growth. The main factors that make this surge one of the greatest investment opportunities are listed below: 1. High Demand for Housing The housing market is currently under pressure due to the arrival of over 17,000 new residents in a single month. Newcomers, professionals, and families are always looking for: Apartments near central areas Townhomes and villas in neighborhoods that are ideal for families Off-plan initiatives with appealing payment plans Increased demand from a larger population leads to higher

Dubai Real Estate with Bitcoin | DLD & Crypto.com Deal
Feb 19, 20263 Min

Dubai Real Estate with Bitcoin | DLD & Crypto.com Deal

Another step has been taken by Dubai in the direction of a smart and digital future. This city's real estate investors will soon be able to use cryptocurrencies like Bitcoin to transact in real estate. This change comes after the Dubai Land Department (DLD) and the Crypto.com platform signed an agreement. Numerous experts believe that this agreement marks a sea change in the future of using Bitcoin to buy real estate in Dubai and for growing creative real estate investment opportunities. Details of the Agreement The goal of this partnership is to develop blockchain technology for the real estate industry and to establish a digital investment environment for virtual assets. The agreement was signed by Mohammed Abdul Latif Al Hakeem, who represented Crypto.com, and Omar Hamad Bushahab, who is the Director General of DLD, according to the Dubai Media Office. The initiative shows the emirate's dedication to being a leader in smart and innovative services and is in line with Dubai's government program to allow the payment of government fees using cryptocurrencies. Link to the 2033 Strategy for Dubai This collaboration is a component of the Dubai Real Estate Strategy 2033, which aims to establish an intelligent, knowledge-based, and sustainable

The Next Chapter at Jumeirah Golf Estates: Luxury Living in Green Dubai
Feb 19, 20263 Min

The Next Chapter at Jumeirah Golf Estates: Luxury Living in Green Dubai

One of Dubai's most well-known real estate companies, Wasl, recently revealed "The Next Chapter," a new phase for Jumeirah Golf Estates . In addition to greatly enlarging the estate, this massive development makes it one of the most comprehensive locations for luxury and family living in the United Arab Emirates. 12,000 Brand-New Houses in a Green Environment More than 12,300 varied residential units will be spread across six different districts in the new plan, which covers more than 4.68 million square meters. These include: 780 contemporary villas 62 opulent mansions in high places 97 branded homes from well-known brands 752 roomy family residences 10,654 apartments in cities With a harmonious blend of modern architecture and nature, this new residential area is expected to house over 51,000 people, further cementing its place as a standout in the landscape of Dubai real estate . Beyond Expectations: Contemporary Lifestyle Amenities Among the project's noteworthy amenities are: A five-star resort in the Mandarin Oriental A professional training academy and an 18-hole golf course The biggest tennis stadium in Dubai, which can accommodate 5,000 people An equestrian facility that can accommodate events involving show jumping A 131,850-square-meter central park Trails for bicyclists and pedestrians via

The Growing Appeal of the UAE Golden Visa Amid Global Market Volatility
Feb 19, 20263 Min

The Growing Appeal of the UAE Golden Visa Amid Global Market Volatility

As global markets continue to react to a surge in economic tensions amplified by new tariffs initiated by Donald Trump, an increasing number of foreign investors are taking a closer look at where else they might invest their capital. The UAE Golden Visa for foreigners (requiring a minimum investment in real estate of AED 2 million) continues to get more attention than ever, with higher investment interest rates. Unlike the 2008 crisis which had an air of speculation and uncertainty, the Dubai real estate market is undergoing significant investment from real buyers without investor risk speculations, indicating some degree of stability. Why the UAE Golden Visa is One of a Kind Price Stability: Between 2022 and early 2024, we witnessed a phenomenal price escalation in off-plan projects but we have stabilized, some projects have even decreased in price, which makes it even more attractive for investing. Supply of Ready Homes: The market is now focused on ready-to-move-in homes above AED 2 million, so they meet the eligibility requirement for the 10 years visa, without the requirement of the AED 1 million upfront payment. Quick Visa Processing: The Golden Visa through real-estate investment takes 7-10 business days for an average investor,

UAE Among Top 10 Countries for Cryptocurrency Adoption in 2026
Feb 19, 20264 Min

UAE Among Top 10 Countries for Cryptocurrency Adoption in 2026

Over the past decade, the United Arab Emirates (UAE) has emerged as a hugely attractive destination for retail and institutional investors seeking to venture into the realm of digital assets and cryptocurrencies. By ranking among the top 10 global leaders in cryptocurrency adoption by 2026 , not only has the UAE embraced this technological revolution with open arms, but it has also been actively doing its part in shaping its future by intelligent regulation and innovation. Key Success Factors in the UAE Crypto Environment The key to success behind this phenomenal success is attributed to a combination of the following factors: Successful Public-Private Partnership: Through this partnership, a sustainable and thriving ecosystem for cryptocurrencies has been established. Forward-Thinking Regulatory Frameworks: With forward-thinking legislation, the UAE has managed to strike an equal balance between encouraging innovation and protecting investors. Strong Regulation: Bodies such as the Financial Services Regulatory Authority (FSRA) and the Securities and Commodities Authority (SCA) stabilize the market and maintain investors' confidence with strong regulation. Attractive Tax Environment: Cryptocurrency income is tax-exempt, drawing international investment into the UAE. Supportive Special Zones: Abu Dhabi Global Market (ADGM), Dubai Multi Commodities Centre (DMCC), and RAK Digital Assets Oasis (RAK DAO) play

Major Changes During Ramadan 2025 in the UAE: Everything You Need to Know
Feb 19, 20264 Min

Major Changes During Ramadan 2025 in the UAE: Everything You Need to Know

The holy month of Ramadan, a month of prayer, fasting and extra charitable deeds, has its deep impact on daily life. In the UAE, these changes comprise reduced working hours, new parking regulations, adjustment in road toll charges (Salik) and adjustment in the shopping mall and public transport timings. Here, we continue with the arrangements of these Ramadan changes in Dubai . Working Hours During Ramadan The working hours of government and private offices are mentioned below: Reduced Working Hours for the Private Sector The Ministry of Human Resources and Emiratisation (MOHRE) has indicated that working hours of private sector employees will be reduced by two hours daily during Ramadan. Additionally, companies can embrace flexible working times or working from home based on the nature of their business within the permissible working hours. Working Hours for Government Entities The working hours for government institutions are as follows: Federal Ministries and Authorities: Monday to Thursday from 9:00 AM to 2:30 PM, and on Fridays from 9:00 AM to 12:00 PM. Dubai Government Employees: Flexible working hours are permitted, but employees must work at least 5.5 hours from Monday to Thursday. On Fridays, only three hours of work are required. Public Parking

Dubai Real Estate Market Sets New Records with 18,038 Transactions in September
Feb 19, 20263 Min

Dubai Real Estate Market Sets New Records with 18,038 Transactions in September

In September 2024, the Dubai property market registered its greatest month so far, 18,038 property transactions-surpassing 17,139 transactions from May this year. This surge shows strong growth, with greater confidence from the investors in Dubai's property sector. Record-Breaking Transactions and Consistent Market Growth Residential properties made up over 95% of transactions in September, totaling 17,151 deals. Leading developer Emaar dominated, with 73% of all sales focused on off-plan properties, followed by DAMAC Properties and Sobha Realty. Year-to-date sales in 2024 nearly match last year’s total. Property Monitor reports that from January to September 2024, sales exceeded 131,000 transactions, falling just 2% short of the entire total for 2023. Projections indicate a potential 30% year-over-year increase, possibly reaching 170,000 sales by the year’s end. Historical Sales Comparison to Before-2020, as Market Drivers Early in the quarter, Prop-erty Monitor had noted that Dubai's real estate activity was bound to expand to four times the level it was in the year 2020, thus going beyond price recovery, going through a completely different growth trajectory that has been encouraged by UAE governmental initiatives to support its development. Henry Bache, CEO, Property Monitor, index-es a record month for transaction volume and properties this September, mentioning

Aldar & Expo City Dubai Launch 1.75 Billion Dirham Mega Development
Feb 19, 20264 Min

Aldar & Expo City Dubai Launch 1.75 Billion Dirham Mega Development

In a big move for the UAE’s growing real estate market, Aldar properties —a leading real estate company from Abu Dhabi—and Expo City Dubai have announced a joint project. They’re planning a mixed-use development worth 1.75 billion dirhams, located near Al Maktoum International Airport and the Dubai Exhibition Centre. This development is part of Dubai’s larger plan to solidify its position as a global hub for business and lifestyle. What’s Coming: New Buildings in Expo City The project will feature six buildings, becoming the heart of Expo City Dubai’s new master plan. This plan is aimed at boosting the area’s reputation as a go-to spot for business and living. These new buildings will be right next to the Dubai Exhibition Centre, which is currently expanding with a 10 billion dirham investment. By 2031, the exhibition space will jump from 58,000 square meters to 180,000 square meters, making it the biggest indoor venue for events in the region. 50:50 Joint Venture to Make It Happen Aldar and Expo City Dubai are going 50:50 on this joint venture, which will handle the construction and management of the development. The project will cover 103,000 square meters of residential, commercial, and retail space. After

Palazzo Versace Hotel in Dubai Back on the Market with Major Price Drop
Feb 19, 20262 Min

Palazzo Versace Hotel in Dubai Back on the Market with Major Price Drop

The Palazzo Versace Hotel , one of Dubai’s most iconic luxury spots, is back on the market, and this time, the price tag has been slashed significantly. Originally listed for over AED 1 billion, the seller has now dropped it to AED 700 million , but it’s still struggling to find a buyer. Hoping for a Business Boost at Palazzo Versace From now until October 16, bids are being accepted starting at AED 700 million. The hotel remains fully operational, and there’s hope that Dubai’s busy tourism season will help revive its fortunes. However, even with the steep price cut, real estate experts are unsure if any serious offers will come through. Meanwhile, banks are reportedly working with the current owner to help settle any outstanding debts. One source mentioned: "The auction is only on the property itself – the trade license itself is not included in the sale,” “The property itself is rented out (to the hotel operator) until March 2028." Important Points for Potential Buyers For anyone interested in placing a bid, there are a few things to keep in mind. The sale includes 130 suites, along with four restaurants, a gym, a swimming pool, and several other

Dubai's RTA to Launch First Aerial Taxi Station: A Revolutionary Step in Transportation
Feb 19, 20263 Min

Dubai's RTA to Launch First Aerial Taxi Station: A Revolutionary Step in Transportation

Dubai’s Roads and Transport Authority (RTA) recently announced the upcoming introduction of the city's first aerial taxi station . This marks a pivotal moment in modernizing the transportation sector and is part of a larger project aimed at creating a more efficient and innovative travel system. Phase One: Four Key Stations In the initial phase of the project, Dubai will see the establishment of four aerial taxi stations. The first station is expected to be operational by Q1 2026. This initiative is a giant leap forward in autonomous aerial transport, designed to offer a modern and effective alternative for urban mobility. Prime Locations for Landing Stations The initial four stations will be strategically located at some of Dubai’s most important hubs, including: Dubai International Airport Downtown Dubai Dubai Marina Palm Jumeirah These stations will be equipped with designated flight zones, electric charging points, passenger areas, and stringent security protocols. They will be developed in collaboration with Skyports, a leader in vertiport infrastructure planning. Initial Operations in 2026 Tyler Trerotola, General Manager for the Middle East at Joby Aviation, stated that initial aerial taxi services will begin by Q1 2026. The aerial taxis will feature advanced electric aircraft with a capacity

Dubai's Ready to Move Property Market Remains Strong
Feb 19, 20263 Min

Dubai's Ready to Move Property Market Remains Strong

Despite leading the Dubai real estate market in off-plan sales, the demand for ready to move properties remains exceptionally strong. Budget-friendly units are being snapped up within a month of their launch. End-users and high-net-worth individuals have been driving the demand for ready to move properties , while a supply shortage, exacerbated by an influx of end-users due to rising rental prices, has put further pressure on the market. Provident Estate stated, "Dubai is attracting over 8,000 new residents monthly, and demand outstrips supply in most launched and sold projects, with affordable ready-to-move properties selling within a maximum of four weeks." Engel & Völkers Middle East added, "Demand for properties in 2024 has so far been high for ready-to-move properties, but due to a lack of inventory, we have seen significant growth in the off-plan sector. Transactions in ready-to-move properties have increased by 13.2% year-on-year." According to the report, ready-to-move property prices increased by 14.57% in the first half of 2024 compared to the same period last year. Surge in End Users Dubai's population grew from 3.66 million at the beginning of 2024 to 3.754 million by August 1st, putting the city on track to achieve its population growth target

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