Malik Abdul Kabeer

09/04/2024

31/12/2023

Happy New Year Everyone

12/07/2023

Dubai surpasses Hong Kong, New York & London for Prime Residential Real Estate transactions of $10 Million and above.
This makes Dubai the highest transacting city in the world for Luxury properties.

The ultra wealthy continue to flock to Dubai in search of high end luxury homes such as mega mansions and full floor penthouses.

So far in 2023, we have seen almost the equivalent of all transactions recorded in 2022 within the Prime Real Estate market.

And we are only halfway through the year.

So, what are the major driving forces behind HNWIs investing into the Dubai Property Market?

💰 Price Per Square Foot
Although property prices are on the rise, the average price per square foot means you get more property for your money here in Dubai than you would in other major cities worldwide.

💰 Strong Return On Investment
As rental yields increase, investors are making the most of their money by investing into prime properties attracting wealthy tenants.

💰 Stable Economy
Following the Covid-19 pandemic, the UAE was one of the fastest recovering countries in the world. Open for business from June 2020 and borders fully reopened in December of the same year, Dubai emerged as one of the most stable economies globally.

💰 Increase in Population
As part of the Dubai 2040 Urban Master Plan, the government plans to increase the current population through a number of enticing initiatives. From business opportunities to Visas to sustainable living, there really is something for everyone.

In the past 12 months, the population of Dubai has grown by an incredible 100,000 people. One of the fastest growth rates on record.

27/06/2023

15/06/2023

Dubai’s Emaar Properties has launched The Oasis by Emaar, A massive waterfront project costing $20 billion. It spans over 100 million square feet. It will be one of Dubai’s largest developments, offering 7,000 residential units focused on spacious mansions and villas. The project provides residents with scenic views of water canals, lakes, and parks. Bollywood superstar Shah Rukh Khan also attended the launch event.
Oasis by Emaar

The Oasis by Emaar aims to create a resort style lifestyle, with 25% of the land dedicated to recreational spaces like lakes, water canals, parks, and jogging tracks. This focus on luxury amenities and green spaces promotes a high quality living environment and encourages an active lifestyle.

The project also features a 1.5 million square feet retail area, offering a variety of lifestyle options and food and beverage outlets. The Oasis by Emaar enjoys a prime location within Dubai, surrounded by upscale developments. It is located near four international golf courses, catering to golf enthusiasts. The project is just a 20 minute drive from Downtown Dubai.

Although the exact location was not disclosed, industry sources indicate that The Oasis by Emaar is near Academic City Road.

Emaar, one of the world’s largest real estate companies, holds a substantial land bank of 1.7 billion square feet in the UAE and international markets. Since 2002, they have delivered over 94,000 residential units. Emaar also boasts recurring revenue generating assets, including leasing properties and 37 hotels and resorts with 8,134 rooms. Their shopping malls, retail, hospitality, leisure, and international subsidiaries contribute to 37% of Emaar’s revenue.

Mohamed Alabbar, the founder of Emaar, emphasized the company’s commitment to designing extraordinary destinations that suit their clients’ luxurious lifestyles. The Oasis by Emaar, their latest integrated project, seeks to harmonize exceptional amenities and architecture, redefining the concept of luxurious living amidst nature and water while complementing Dubai’s urban landscape.

💎

14/05/2023

07/05/2023

Dubai currently ranks 23rd globally and is already home to 76,000 millionaires, 202 centi-millionaires (those with net assets of $100 million or more), and many billionaires.

01/05/2023

It’s not the law of attraction it’s the law of action.

22/04/2023

Eid Mubarak Everyone

18/03/2023

When it comes buying property/investing below is the sequence for the intelligent investos:

1. Investment security dependent on developer credibility and history
2. Make it safe from inflation from having good rental returns
3. Property appreciation depends on the location and ecosystem of the community
4. Easy liquidation which most people ignore as an important fact