September 2022

Dubai’s new $5 billion ‘Moon’ proposed as UAE shoots for the stars

Dubai’s new $5 billion ‘Moon’ proposed as UAE shoots for the stars. Moon Dubai’s lunar surface, surrounded by a “lunar colony,” is designed to handle 2.5 million guests, annually Image source: Moon World Resorts Inc. Dubai could have a $5 billion (AED18 billion) moon building in the form of destination resort, Canadian architectural company and intellectual property licensor, Moon World...

Dubai property sales hit $6.6B

Dubai property sales hit $6.6 billion in August

Dubai property sales hit $6.6 billion in August August was recorded as the highest performing month in terms of sales transactions volume and value in 12 years. Dubai’s real estate market recorded 9,720 total sales worth AED24.3 billion in August, global property digital business Property Finder said. August was recorded as the highest performing month in terms of sales transactions volume...

Right time to buy luxury property in Dubai

Why it’s the right time to buy luxury property in Dubai

Why it’s the right time to buy luxury property in Dubai ? Dubai’s residential property market is continuing its remarkable turnaround since the UAE caught the world’s attention through its excellent management of the Covid-19 pandemic, with the luxury segment registering its highest proportion of transactions last year. In Dubai’s Covid Comeback - 2022 report, Knight Frank says prime property...

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