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Khaleej Times
09-04-2025
- Business
- Khaleej Times
Dubai realty continues to ride a wave of resilience
Dubai's property market is riding a wave of resilience and reinvention in the first quarter of 2025, blending robust demand for ready homes with a thriving off-plan sector. Buoyed by a surge in investor confidence, a steady stream of tourists, and savvy government moves that keep this megacity a global investment darling, Dubai's real estate scene continues to dazzle. Haider Khan, CEO of dubizzle and Dubizzle Group Mena, sums it up: 'Favourable conditions, high rental yields, and strategic initiatives have further enhanced Dubai's allure.' The numbers back him up—sales are spiking, rentals are trending upward, and the market feels unstoppable. Luxury properties remain the crown jewels. Dubai Marina holds its throne as the go-to spot for high-end apartments, with average sales prices hitting Dh2.52 million and rents averaging Dh139,000. For villas, Dubai Hills Estate steals the show, commanding a hefty Dh17.77 million average sales price, while Al Barsha tops the rental charts at Dh448,000 annually. Investors are cashing in too — Dubai Hills Estate boasts a 6.95 per cent return on luxury flats, and Damac Hills delivers 5.62 per cent for villas. ValuStrat's Dubai Price Index (VPI) for March paints an even rosier picture. Villa values climbed two per cent month-on-month and a whopping 30.3 per cent year-on-year. Hotspots like Jumeirah Islands, Palm Jumeirah, and Emirates Hills have soared over 40 per cent in a year, now sitting 165 per cent above post-pandemic levels. Apartments are not far behind, posting a solid 1.2 per cent monthly gain and 21.4 per cent annual growth, though most still linger eight per cent below their 2014 peaks. Exceptions like JBR, Palm Jumeirah, and The Greens have already surpassed those highs, signaling a selective recovery. Off-plan sales, the market's driving force, accounted for nearly 70 per cent of transactions, despite a 7.4 per cent dip in registrations from February. Ready homes saw a 2.4 per cent monthly drop but remain 1.1 per cent up from last year—a testament to enduring buyer appetite. Luxury's shine hasn't dimmed either, with 23 homes above Dh30 million changing hands across Dubai Hills Estate, Palm Jumeirah, Emirates Hills, and Jumeirah Bay Island. The mid-tier market is equally vibrant. Jumeirah Village Circle (JVC) reigns supreme for apartments, with asking prices averaging Dh1.18 million and rents at Dh79,000, while Al Furjan leads for villas at Dh5.8 million sales and Dh 322,000 rents. Al Furjan has emerged as a favourable choice for mid-tier villas with a yield of 8.37 per cent, and JVC villas hit 8.29 per cent. On the affordable end, Dubai Silicon Oasis (DSO) draws buyers with Dh 1.03 million sales prices, while International City lures tenants at Dh52,000 rents. Damac Hills 2 (Akoya by Damac) dominates affordable villas, averaging Dh1.96 million to buy and Dh118,000 to rent. Dubai Investments Park steals the ROI crown, offering 8.79 per cent for apartments and an eye-popping 12.16 per cent for villas. However, the VPI's 1.6 per cent monthly growth in March—the slowest in nearly two years—hints that Dubai's breakneck pace might be easing, realty market analysts said. 'After years of steep climbs, could this be a breather? For now, the market straddles a dynamic line: luxury thrives, mid-tier and affordable segments hum, and off-plan keeps the engine roaring,' they said.


The National
07-03-2025
- Entertainment
- The National
'God never forgets anyone' - the women who found Islam in Dubai prison
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EEric%20Barbier%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EYoussef%20Hajdi%2C%20Nadia%20Benzakour%2C%20Yasser%20Drief%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A Artist: Coldplay Label: Parlophone/Atlantic Number of tracks: 10 Rating: 3/5 Director: Brady Corbet Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn Rating: 3.5/5 Sun Feb 23 – Thu Feb 27, Al Amerat, Oman The two finalists advance to the Asia qualifier in Malaysia in August Group A Bahrain, Maldives, Oman, Qatar Group B UAE, Iran, Kuwait, Saudi Arabia Director: Tom Tykwer Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger Rating: 3/5 Engine: 4.0-litre flat-six Torque: 450Nm at 6,100rpm Transmission: 7-speed PDK auto or 6-speed manual Fuel economy, combined: 13.8L/100km On sale: Available to order now Engine: 6.75-litre twin-turbocharged V12 petrol engine Power: 420kW Torque: 780Nm Transmission: 8-speed automatic Price: From Dh1,350,000 On sale: Available for preorder now Engine: Direct injection 4-cylinder 1.4-litre Power: 150hp Torque: 250Nm Price: From Dh139,000 On sale: Now Spending an excessive amount of time on the phone. Neglecting personal, social, or academic responsibilities. Losing interest in other activities or hobbies that were once enjoyed. Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available. Experiencing sleep disturbances or changes in sleep patterns. Under 18 months: Avoid screen time altogether, except for video chatting with family. Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing. Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible. Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions. Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation. Source: American Paediatric Association The flights Emirates ( and Etihad ( both fly direct to Bengaluru, with return fares from Dh 1240. From Bengaluru airport, Coorg is a five-hour drive by car. The hotels The Tamara ( is located inside a working coffee plantation and offers individual villas with sprawling views of the hills (tariff from Dh1,300, including taxes and breakfast). When to go Coorg is an all-year destination, with the peak season for travel extending from the cooler months between October and March. Group A: Palmeiras, Porto, Al Ahly, Inter Miami. Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle. Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica. Group D: Flamengo, ES Tunis, Chelsea, Leon. Group E: River Plate, Urawa, Monterrey, Inter Milan. Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns. Group G: Manchester City, Wydad, Al Ain, Juventus. Group H: Real Madrid, Al Hilal, Pachuca, Salzburg. Dubai Police has also issued a list of banned items at the ground on Sunday. These include: Political flags or banners Bikes, skateboards or scooters %3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A Final: Netherlands beat PNG by seven wickets Qualified teams 1. Netherlands 2. PNG 3. Ireland 4. Namibia 5. Scotland 6. Oman T20 World Cup 2020, Australia Group A: Sri Lanka, PNG, Ireland, Oman Group B: Bangladesh, Netherlands, Namibia, Scotland As a UAE-based travel agent who processes tourist visas from the Philippines, Jennifer Pacia Gado is fielding a lot of calls from concerned travellers just now. And they are all asking the same question. 'My clients are mostly Filipinos, and they [all want to know] about good conduct certificates,' says the 34-year-old Filipina, who has lived in the UAE for five years. Ms Gado contacted the Philippines Embassy to get more information on the certificate so she can share it with her clients. She says many are worried about the process and associated costs – which could be as high as Dh500 to obtain and attest a good conduct certificate from the Philippines for jobseekers already living in the UAE. 'They are worried about this because when they arrive here without the NBI [National Bureau of Investigation] clearance, it is a hassle because it takes time,' she says. 'They need to go first to the embassy to apply for the application of the NBI clearance. After that they have go to the police station [in the UAE] for the fingerprints. And then they will apply for the special power of attorney so that someone can finish the process in the Philippines. So it is a long process and more expensive if you are doing it from here.' Prince Khaled bin Alwaleed bin Talal's new plant-based menu will launch at Four Seasons hotels in Dubai this November. A desire to cater to people looking for clean, healthy meals beyond green salad is what inspired Prince Khaled and American celebrity chef Matthew Kenney to create Folia. The word means "from the leaves" in Latin, and the exclusive menu offers fine plant-based cuisine across Four Seasons properties in Los Angeles, Bahrain and, soon, Dubai. Kenney specialises in vegan cuisine and is the founder of Plant Food Wine and 20 other restaurants worldwide. "I've always appreciated Matthew's work," says the Saudi royal. "He has a singular culinary talent and his approach to plant-based dining is prescient and unrivalled. I was a fan of his long before we established our professional relationship." Folia first launched at The Four Seasons Hotel Los Angeles at Beverly Hills in July 2018. It is available at the poolside Cabana Restaurant and for in-room dining across the property, as well as in its private event space. The food is vibrant and colourful, full of fresh dishes such as the hearts of palm ceviche with California fruit, vegetables and edible flowers; green hearb tacos filled with roasted squash and king oyster barbacoa; and a savoury coconut cream pie with macadamia crust. In March 2019, the Folia menu reached Gulf shores, as it was introduced at the Four Seasons Hotel Bahrain Bay, where it is served at the Bay View Lounge. Next, on Tuesday, November 1 – also known as World Vegan Day – it will come to the UAE, to the Four Seasons Resort Dubai at Jumeirah Beach and the Four Seasons DIFC, both properties Prince Khaled has spent "considerable time at and love". There are also plans to take Folia to several more locations throughout the Middle East and Europe. While health-conscious diners will be attracted to the concept, Prince Khaled is careful to stress Folia is "not meant for a specific subset of customers. It is meant for everyone who wants a culinary experience without the negative impact that eating out so often comes with." Started: December 2016 Founder: Ibrahim Kamalmaz Based: UAE Sector: Finance / legal Size: 3 employees, pre-revenue Stage: Early stage Investors: Founder's friends and Family Russ Mould, investment director at online trading platform AJ Bell, says almost every major currency has challenges right now. 'The US has a huge budget deficit, the euro faces political friction and poor growth, sterling is bogged down by Brexit, China's renminbi is hit by debt fears while slowing Chinese growth is hurting commodity exporters like Australia and Canada.' Most countries now actively want a weak currency to make their exports more competitive. 'China seems happy to let the renminbi drift lower, the Swiss are still running quantitative easing at full tilt and central bankers everywhere are actively talking down their currencies or offering only limited support," says Mr Mould. This is a race to the bottom, and everybody wants to be a winner. Suspend strict budget rules to allow member countries to step up defence spending Create new "instrument" providing €150 billion of loans to member countries for defence investment Use the existing EU budget to direct more funds towards defence-related investment Engage the bloc's European Investment Bank to drop limits on lending to defence firms Create a savings and investments union to help companies access capital UAE coins Dh5 note Dh10 note Dh20 note Install an air filter in your home. Close your windows and turn on the AC. Shower or bath after being outside. Wear a face mask. Stay indoors when conditions are particularly poor. If driving, turn your engine off when stationary. %3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20Big%20Ape%20Productions%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20LucasArts%3Cbr%3E%3Cstrong%3EConsoles%3A%3C%2Fstrong%3E%20PC%2C%20PlayStation%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A Teams Oman, UAE, Namibia Al Amerat, Muscat Results Oman beat UAE by five wickets UAE beat Namibia by eight runs Namibia beat Oman by 52 runs UAE beat Namibia by eight wickets Fixtures Saturday January 11 - UAE v Oman Sunday January 12 – Oman v Namibia Directors: Carol Mansour and Muna Khalidi Stars: Dr Ghassan Abu-Sittah Rating: 4/5 Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message. Make sure you are an exact fit for the job advertised. If you are an HR manager with five years' experience in retail and the job requires a similar candidate with five years' experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job. David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East Updated: March 07, 2025, 6:02 PM


The National
07-03-2025
- Automotive
- The National
Shadi's take on Donald Trump's possible strategic realignment
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The National
07-02-2025
- Automotive
- The National
Video: New Dubai Exhibition Centre ready in January 2026
Engine: Direct injection 4-cylinder 1.4-litre Power: 150hp Torque: 250Nm Price: From Dh139,000 On sale: Now Engine: 2.0-litre 4-cylinder turbo Power: 240hp at 5,500rpm Torque: 390Nm at 3,000rpm Transmission: eight-speed auto Price: from Dh122,745 On sale: now 1) Beware of cheques presented late on Thursday 2) Visit an RTA centre to change registration only after receiving payment 3) Be aware of people asking to test drive the car alone 4) Try not to close the sale at night 5) Don't be rushed into a sale 6) Call 901 if you see any suspicious behaviour Director: Magizh Thirumeni Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra Rating: 4/5 Individuals must register on UAE Drone app or website using their UAE Pass Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number Upload the training certificate from a centre accredited by the GCAA Submit their request Fly it within visual line of sight Never over populated areas Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed Users must avoid flying over restricted areas listed on the UAE Drone app Only fly the drone during the day, and never at night Should have a live feed of the drone flight Drones must weigh 5 kg or less Dubai Rugby Sevens November 30-December 2, at The Sevens, Dubai Gulf Under 19 Pool A – Abu Dhabi Harlequins, Jumeirah College Tigers, Dubai English Speaking School 1, Gems World Academy Pool B – British School Al Khubairat, Bahrain Colts, Jumeirah College Lions, Dubai English Speaking School 2 Pool C - Dubai College A, Dubai Sharks, Jumeirah English Speaking School, Al Yasmina Pool D – Dubai Exiles, Dubai Hurricanes, Al Ain Amblers, Deira International School Engine: 2.0-litre 4-cyl turbo Power: 247hp at 6,500rpm Torque: 370Nm from 1,500-3,500rpm Transmission: 10-speed auto Fuel consumption: 7.8L/100km Price: from Dh94,900 On sale: now Founder: Abdulla Almoayed Based: UAE Founded: 2017 Number of employees: 35 Sector: FinTech Raised: $13 million Backers: Berlin-based venture capital company Target Global, Kingsway, CE Ventures, Entrée Capital, Zamil Investment Group, Global Ventures, Almoayed Technologies and Mad'a Investment. Manchester United 1 (Rashford 36') Liverpool 1 (Lallana 84') Man of the match: Marcus Rashford (Manchester United) %3Cp%3EBy%202030%2C%20Abu%20Dhabi%20aims%20to%20achieve%3A%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%2039.3%20million%20visitors%2C%3C%2Fstrong%3E%20nearly%2064%25%20up%20from%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%20Dh90%20billion%20contribution%20to%20GDP%2C%3C%2Fstrong%3E%20about%2084%25%20more%20than%20Dh49%20billion%20in%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%20178%2C000%20new%20jobs%2C%3C%2Fstrong%3E%20bringing%20the%20total%20to%20about%20366%2C000%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%2052%2C000%20hotel%20rooms%2C%3C%2Fstrong%3E%20up%2053%25%20from%2034%2C000%20in%202023%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%207.2%20million%20international%20visitors%2C%3C%2Fstrong%3E%20almost%2090%25%20higher%20compared%20to%202023's%203.8%20million%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3E%E2%80%A2%203.9%20international%20overnight%20hotel%20stays%2C%3C%2Fstrong%3E%2022%25%20more%20from%203.2%20nights%20in%202023%3C%2Fp%3E%0A Engine: 3-litre twin-turbo V6 Power: 400hp Torque: 475Nm Transmission: 9-speed automatic Price: From Dh215,900 On sale: Now The UAE government announced a retirement savings plan for private and free zone sector employees in 2023. Dubai's savings retirement scheme for foreign employees working in the emirate's government and public sector came into effect in 2022. National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning. In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement. Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits. %3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ERajesh%20A%20Krishnan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ETabu%2C%20Kareena%20Kapoor%20Khan%2C%20Kriti%20Sanon%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5%2F5%3C%2Fp%3E%0A Everton 0 Leicester City 1 Vardy 58' Director: Kangana Ranaut Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry Rating: 2/5 Install an air filter in your home. Close your windows and turn on the AC. Shower or bath after being outside. Wear a face mask. Stay indoors when conditions are particularly poor. If driving, turn your engine off when stationary. %3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A Toss: Nepal, chose to field UAE 153-6: Shaiman (59), Usman (30); Regmi 2-23 Nepal 132-7: Jora 53 not out; Zahoor 2-17 Result: UAE won by 21 runs Series: UAE lead 1-0 Engine: 4.0-litre flat-six Torque: 450Nm at 6,100rpm Transmission: 7-speed PDK auto or 6-speed manual Fuel economy, combined: 13.8L/100km On sale: Available to order now Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed Rating: 1/5 Barcelona 2 Suarez (10'), Messi (52') Real Madrid 2 Ronaldo (14'), Bale (72') Where to stay : Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor. When to go : Florida is best experienced during the winter months, from November to May, before the humidity kicks in. How to get there : Emirates currently flies from Dubai to Orlando five times a week. 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 Source: Federal Office for the Protection of the Constitution Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi Total funding: Self funded Director: Shankar Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram Rating: 2/5 UAE coins Dh5 note Dh10 note Dh20 note Dh50 note Updated: February 07, 2025, 6:02 PM