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Dubai developer commits to Dh10 billion investment over the next 3 years

HRE Development has announced the launch of their latest project SkyHills 2, with a commitment to invest Dh10 billion in the next three years. A premium mixed-use development located in the thriving heart of Jumeirah Village Circle (JVC), SkyHills 2 promises to redefine community living with its innovative blend of commercial and residential spaces, offering 509 luxury apartments and 17 retail outlets....

UAE’s first AI real estate consultant closes $30mn worth of property deals within weeks of launch

The social media influence of Jucica Brown, the new virtual real estate consultant launched by Dubai-headquartered Realiste on the short message platform Telegram, has also already garnered 100,000 followers on Instagram Artificial intelligence (AI) is making gigantic strides in the real estate sector in the UAE, expanding the reach and speed of transactions to stratospheric levels, with...

UAE Blue Residency Visa to trigger real estate price hike, investment boom as Dubai tops FDI flows

The UAE’s allowance of 100% foreign ownership of companies and more flexible visa arrangements to contribute to surge in both capital and talent inflow. The rare feat of Dubai top ranking global greenfield FDI (foreign direct investment) projects attraction in 2023 for the third successive year will act as a major confidence booster for investors, triggering increased capital flows into the UAE, driving...

Dubai set for summer real estate rental boom

Short-term rentals could prove a popular option for visitors to Dubai during summer months, Dubai short-term rentals could thrive in the summer, according to accommodation management firm Frank Porter. A range of tourism initiatives in Dubai and rising prices in European resorts make a visit to the UAE an attractive option for business and leisure travelers. Short-term let accommodation is set to enjoy...

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