Business Magazine December 15 2023

Explore the Latest Dubai Real Estate News and Updates for the most current trends and market insights.

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BUSINESS

MAGAZINE

Your Key to Success in Dubai Real Estate Investments.

2023

Invest with Confidence, Thrive with Arabesco: Transforming Dreams into Reality in Dubai Real Estate.

This economic vigor translates into a heightened demand for residen-

Decoding the Opportunities in Dubai's Thriving Real Estate Market for Savvy Investors

tial and commercial properties, making it an ideal time for investors to

Grow Your Wealth, Choose Arabesco: Elevate Your

diverse and cosmopolitan population from every corner of the world.

Investments in the Heart of Dubai.

capitalize on this momentum.

Additionally, Dubai has solidified its standing as a global hub for business, tourism, and an exceptional lifestyle. This has attracted a The influx of individuals and families from different backgrounds has fueled the demand for both residential and commercial properties,

In the heart of the United Arab Emirates, Dubai stands as a global

creating a thriving real estate ecosystem.

magnet for real estate investment, beckoning both individuals and

Moreover, the UAE government has enacted investor-friendly policies

institutions with the promise of lucrative opportunities in a vibrant and dynamic market. This city, renowned for its strategic location, business-friendly atmosphere, and world-class infrastructure, presents a compelling blend of lifestyle luxuries, entrepreneurial prospects, and enticing investment avenues.

The Dubai real estate market, as it stands today, is a beacon of unwavering growth and stability. Recent years have witnessed its remarkable resilience in the face of global economic turbulence. In the first half of 2023, the residential sector experienced an astonishing 46.7% surge in sales volume compared to the same period in 2022, reaching an impressive AED 93 billion. This

that further enhance Dubai's appeal as a real estate investment destination. The introduction of 10-year Golden Visas for property investors and reduced corporate taxes are just a few examples of the measures aimed at facilitating investment and boosting investor confidence.

Investing in Dubai real estate offers diverse opportunities for wealth.

From luxury apartments to promising off-plan projects, there's something for every investor. Dubai's market is globally attractive, making it a top choice for your next real estate investment journey towards financial success.

exceptional growth can be attributed to a combination of factors, including the city's robust economic performance, its allure as a cosmopolitan destination, and the presence of a favorable regulatory environment.

So, what are the driving forces behind this real estate boom in Dubai?

First and foremost, it's Dubai's economic prosperity. The city's economy is thriving, with a remarkable GDP growth rate of 5.6% in 2022, surpassing the growth of many developed nations. www.arabescoproperties.com

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Dubai: A Global Epicenter for Business, Tourism, and Real Estate Investments Dubai, the glistening metropolis of the United

expansive villas, along with thriving commer-

wide array of property options, from luxurious

Arab Emirates, has emerged as a global hub

cial spaces. This gives investors a wide range

apartments to sprawling villas, and commer-

for business, tourism, and real estate invest-

of choices to suit their individual needs and

cial spaces have consistently lured investors

ments. Its dynamic economy, strategic

budgets. Dubai also has a number of freehold

seeking both rental yields and capital

location, and tax-friendly environment have

areas where foreign investors can purchase

appreciation.

attracted investors from around the world,

property without any restrictions. This has

seeking to capitalize on its burgeoning real

made Dubai a popular destination for foreign

Luxury Living in Dubai: The Allure

estate market. As Dubai continues to expand

investors seeking to diversify their portfolios

of Villas

and evolve, a plethora of enticing investment

and invest in a growing economy.

Dubai's real estate sector has undergone a

opportunities await discerning individuals seeking to secure their financial future.

Dubai's Real Estate Renaissance

Unlocking the Future with Off-Plan Properties

An Investor's Paradise

Investors with a forward-looking perspective

Dubai is currently experiencing a real estate

ties in Dubai. Opting for these properties,

renaissance that is attracting global investors with the promise of lucrative opportunities.

Despite

facing

worldwide

economic

uncertainties, the city's real estate market has not only remained resilient but also flourished.

which can be acquired prior to their completion, not only provides investors with the opportunity to secure real estate at competitive rates but also offers flexible payment plans. The potential for substantial capital appreciation as off-plan projects advance

Several factors are contributing to Dubai's real estate resurgence. First, the city's impressive infrastructure is a major draw for investors. Dubai has invested heavily in developing its infrastructure over the past few decades, and this has resulted in a world-class

are recognizing the allure of off-plan proper-

network

of

roads,

bridges,

towards completion adds an extra layer of attraction, making them a lucrative choice for

adoption of Prop-Tech. The infusion of technology, ranging from immersive virtual property tours to user-friendly online portals and cutting-edge smart building management systems, has ushered in a new era of efficiency and accessibility in real estate dealings. Investors, recognizing the potential for simplifying their investment journeys, are wholeheartedly embracing these innovations. The once intricate landscape of property transactions is now marked by a seamless integration of technology, making the entire process more user-friendly and dynamic.

those keen on seizing early investment opportunities in the dynamic Dubai market

Luxury Living in Dubai: The Allure of Villas

airports, and other amenities. This makes

The city of Dubai has embarked on a real

Dubai a highly livable and attractive city for

estate renaissance, presenting a golden

businesses and individuals alike.

opportunity for investors worldwide. Dubai's real estate market has not only weathered

Second, Dubai offers a diverse range of

global economic uncertainties but thrived

property options, from opulent apartments to

amidst them. Its impressive infrastructure, a

www.arabescoproperties.com

transformative shift with the widespread

Real estate is like Jack andthe Beanstalk’s goose that lays golden eggs. It’s something that pays you month after month, whether you are working or not.

Kathy Fettke,

Co-Founder & Co-CEO of RealWealth

Kathy Fettke,

Co-Founder & Co-CEO of RealWealth

info@arabescoproperties.com

Focus on sustainable, eco-friendly living Dubai's luxury real estate market is booming, with strong demand for ultra-luxury homes, waterfront properties, and villas. Investors have a unique opportunity to capitalize on this growth.

Dubai beckons as a prime destination for real estate investment, boasting a dynamic market, strategic locale, and enviable quality of life.

Arabesco Properties is excited to outline the five key advantages of investing in Dubai's real estate scene. Explore unparalleled opportunities, seize the moment, and embark on a journey of prosperity in this thriving global hub.

Economic Stability in Dubai Dubai, often referred to as the 'City of Gold,' boasts one of the most stable economies globally. Despite facing economic challenges, Dubai has exhibited remarkable resilience and growth, maintaining stability through its diverse economy and visionary leadership.

Trends and Opportunities in Dubai's Luxury Real Estate Market Advanced Technology & Innovation in Dubai Dubai embodies a modern, intelligent city with state-of-the-art infrastructure, a well-developed public transportation system, and a commitment to continuous innovation. These factors enhance residents' quality of life and contribute to Dubai's appeal as a top-tier property investment destination.

Security & Safety in Dubai Safety is paramount in property investment decisions, and Dubai excels in this aspect. Boasting one of the lowest crime rates globally, the city's commitment to security is evident through cutting-edge technology for law enforcement and stringent anti-crime policies, ensuring peace of mind for residents and investors alike.

UAE Residency with Property Investment Investing in Dubai real estate goes beyond financial gains. A standout advantage is the opportunity to secure a UAE residence visa by investing in a property worth at least AED 1 million. This unique perk distinguishes Dubai from other property markets, making it an attractive proposition for investors seeking global mobility.

Low Cost of Living in Dubai Dubai's affordability sets it apart, with competitive housing costs, reasonable everyday expenses, and a tax-free income policy. The cost of living in Dubai is notably lower than in many other global cities, providing investors with a favorable environment to thrive.

Tax-Free Environment Dubai's tax-free status is a significant draw for investors, offering a unique opportunity to grow wealth with minimal tax liability. This has transformed Dubai into a haven for wealthy individuals and companies seeking secure and lucrative investment opportunities. www.arabescoproperties.com

info@arabescoproperties.com

As the UAE's real estate market continues its

and development, further boosting the real

influenced the commercial real estate sector,

upward

estate market..

witnessing a decline in traditional office

trajectory,

Arabesco

Properties

stands at the forefront, ready to guide investors through the promising landscape of Dubai. Projections indicate a substantial 2.97% growth from 2023 to 2028, culminat-

Another factor contributing to the strength of the UAE's real estate market is its diversified economy. The country is no longer reliant on

space demand while boosting properties catering to remote work needs.

Sustainability: A Key Factor in

ing in a market volume of US$0.80tn by 2028.

oil and gas, and its economy is now driven by a range of sectors, including tourism, trade,

This surge is fueled by various factors that

and logistics. This diversification has made

The emphasis on sustainability in real estate,

position the UAE as an enticing hub for real

marked by energy-efficient properties with

estate investment.

the UAE's economy more resilient to shocks, and it has also created new job opportunities,

The UAE Real Estate Market: A

which has further boosted demand for housing.

demand. This trend is anticipated to persist,

Real Estate

low carbon emissions, reflects a growing contributing to the increased value of

Snapshot

For investors looking for a stable and

The UAE's real estate market is set to reach

profitable real estate market, the UAE is a

US$0.69tn in 2023, with residential real

prime destination. The country offers a wide

estate

sustainable properties.

The Rise of E-commerce and Its

This

range of investment opportunities, a resilient

Impact on Real Estate

resilient market, with an average value of

economy, and a pro-business environment.

Additionally,

The flourishing e-commerce sector has

US$0.35m per residential property, unveils abundant

committed to attracting foreign investment,

dominating

at

opportunities

US$0.39tn.

for

discerning

the

UAE's

government

is

and it has introduced a number of reforms to

investors.

make it easier for foreigners to buy and own The UAE's real estate market is one of the most

attractive

in

the

world,

offering

investors a wide range of opportunities, from luxury villas and apartments to affordable townhouses and studios. The country's strategic location, world-class infrastructure, and pro-business environment make it a desirable destination for both local and foreign investors.

property in the country.

driven demand for smaller, urban homes near amenities. This has led to a decline in retail space demand and a surge in demand for industrial spaces, particularly for warehousing and logistics supporting e-commerce

The UAE's real estate market is set to contin-

operations.

ue to grow in the coming years, offering

Technology: A Game-Changer in

investors a number of opportunities to generate

attractive

returns.

Discerning

Real Estate

investors should consider the UAE's real

In the realm of real estate, technology has

estate market when looking for a stable and

emerged as a transformative force, reshap-

profitable investment destination.

ing the way transactions unfold. The surge in popularity of virtual reality property tours and

The Rise of Remote Work and Its

online leasing platforms signifies a paradigm

Impact on Real Estate

shift in the industry. PHOREE Real Estate

country's population is expected to reach 10

The pandemic-induced surge in remote work

million by 2025, creating a strong demand for

has reshaped housing preferences, empha-

leveraging innovation to navigate clients

housing. Additionally, the UAE's government

sizing the importance of home offices and

is investing heavily in infrastructure and

robust internet connectivity. This shift has

One of the key drivers of the UAE's real estate market is its growing population. The

stands at the forefront of this evolution, through the dynamic landscape of the UAE real estate market.

Future of Real Estate in Dubai and if it’s Safe to Invest Here

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the city as a global leader. Under this vision, increased Loan-to-Value ratios and reduced interest rates aim to attract foreign investors. The introduction of various visa types further enhances the city's appeal for settling on a large scale.

Factors Behind Dubai’s Real Estate Boom Geopolitical factors, events like FIFA 2022 World Cup, rising demand from foreign investors, and relaxed visa and investment policies have contributed to Dubai's recent real estate boom. The city's strategic location and influx of private wealth have fueled economic progress.

Dubai offers a secure and investor-friendly environment for real estate investments Amidst the dynamic surge in Dubai's real estate market, Arabesco Properties leads the way, poised to navigate investors through a landscape shaped by factors like remote work trends, sustainability, and technological innovation. With a projected 2.97% growth by 2028 and strategic initiatives like Dubai 2040, the UAE stands as a compelling hub for real estate investment.

Lucrative Real Estate Projects for the Future High-potential areas in 2023 include residential communities like Town Square, luxury waterfront living in Palm Jumeirah, and family-friendly Dubai Hills. The real estate sector remains dynamic, offering opportunities for various investment preferences.

Vision for the Future: Dubai 2040 Dubai 2040 envisions a transformed city with modern

Dubai's Remarkable Growth

ensuring a stable and thriving real estate

infrastructure and quality of life. The real estate sector, a

and Strategic Initiatives

market.

key player in this development, is set to attract substan-

Dubai's real estate sector has been a

Where are the Future-Oriented

tial foreign investments with increased loan-to-value (LTV) ratios and decreased interest rates.

consistent profit generator, with govern-

Localities in Dubai?

ment policies fostering stability and

For prospective investors, areas such as

The Dubai 2040 Urban Master Plan outlines a compre-

Mira, Town Square, Green Communities,

hensive roadmap for the city's development, with a

Mudon, and Damac Hills offer exclusive

strong focus on sustainability, liveability, and economic

opportunities with high ROI. These

growth. The plan aims to create a more people-centric

developments, designed under profes-

city with vibrant communities, interconnected neighbor-

sional guidelines, cater to diverse buyer

hoods, and abundant public spaces.

growth.

The

ongoing

development

projects, including futuristic infrastructure

and

lifestyle

enhancements,

indicate a bright future for Dubai's real estate.

Impact of Dubai Expo 2020 Dubai Expo 2020 has significantly boosted the real estate industry, attract-

needs and contribute to Dubai's real estate evolution.

Dubai 2040: A Vision for the

ing corporate giants and encouraging

Future

entrepreneurship. The event's positive

Dubai's future is encapsulated in the

impact has not affected property prices,

ambitious Dubai 2040 plan, positioning

The real estate sector is poised to play a vital role in achieving the goals of the Dubai 2040 Urban Master Plan. Developers are already focused on building sustainable and integrated communities that meet the needs of residents and businesses. The government is also supporting the sector with initiatives such as increased LTV ratios and lower interest rates.

Grow Your Wealth, Choose Arabesco: Elevate Your Investments in the Heart of Dubai.

Dubai is set to unveil its next marvel—a $5 billion man-made 'moon'—as the city's realty market continues its meteoric rise. This ambitious project, blending luxury and innovation, promises to redefine urban living with cutting-edge technology and unparalleled opulence. Embracing sustainability, the 'moon' will feature state-of-the-art eco-friendly designs, reflecting Dubai's commitment to a greener future. As the real estate market soars, this groundbreaking venture cements Dubai's status as a global leader in architectural ingenuity, offering investors and residents an otherworldly experience in the heart of the desert metropolis.

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Arabesco Properties: Tech-Driven Real Estate Innovation

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We thrive on adaptability, seamlessly navigating change with resilience and creativity to foster innovation and continuous improvement

About Us

Why Choose Us?

Arabesco: Your top choice for UAE real estate. Expert team, customer-focused, and comprehensive services for buying, selling, renting, and investing. Transparent, tech-driven, and your one-stop destination for turning real estate aspirations into reality in Dubai.

Strong Foundations Renowned and Trusted Responsive Customer Service

Vision

Cutting-edge Services

Is to challenge and reshape the real estate landscape

Proven Background in UAE Real Estate

Mission

Expert Guidance

Is to help everyone find their dream place in the world.

Location

Marasi Dr - Business Bay Dubai - United Arab Emirates

Community Engagement

Phone Number

Web

Whatsapp: +971 52 110 3598 Toll free : 800 119

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