Property Market Performance Q2 2021

Dubai recorded 6,388 property transactions in June 2021 at an aggregate value of 14.79 billion AED, the highest volume of monthly sales registered in 8 years. The value of property transactions in Dubai has risen by 48% in comparison to Q1. Commercial property transactions have climbed in value by 42%, while the luxury market experienced....

l property categories, measuring 20.26% and 76.9% higher in total quarter-on-quarter. <br><br> Palm Jumeirah achieved a record 4.27 billion AED in transaction value this quarter, maintaining its Q1 position as the community with the highest value of property transfers. <br><br> After Palm Jumei

UAE Based Bank Accounts for Non Residents

As a luxury destination that attracts millions of tourists every year, and a haven with wholly respected and implemented COVID-19 safety measures, Dubai has continued to welcome an increasing number of non-residents who are now choosing to extend their stay in the popular seafront city. In light of this, a burning question for non-residents is whet....

note. The majority of banks will only offer non-residents the ability to open a savings account with access to a debit card for withdrawal and no cheque book. The procedure may take longer than it would for a non-resident due to the extra documentation and approval requirements and the account hold