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Dubai: More tourists are turning into residents, property buyers, say experts
Dubai: More tourists are turning into residents, property buyers, say experts

Khaleej Times

time17 hours ago

  • Business
  • Khaleej Times

Dubai: More tourists are turning into residents, property buyers, say experts

Dubai is witnessing a growing trend of repeat property investors from Asia, Europe, and other regions who initially invested soon after the coronavirus pandemic and have since realised significant gains. 'In the past two years, the market has appreciated by approximately 40-50 per cent based on foreign investment. Investors are seeing s ubstantial returns,' said Nazish Khan, chief operating officer of Fidu Properties. 'However, they have not cashed out yet. Despite brokers frequently reaching out to ask if they want to sell, these investors remain confident and are eager to bring in more capital.' Khan emphasised that this phase is crucial. 'Earlier, investors were testing the waters. Now, they are confidently navigating the market and capitalising on the opportunity to re-enter.' Stay up to date with the latest news. Follow KT on WhatsApp Channels. Dubai was the first city worldwide to reopen after the Covid-19 pandemic, drawing new investors and tourists from across the globe while many countries remained closed to foreigners. This early reopening attracted a wave of high-net-worth individuals seeking safer havens for their families. Dr Nour ElSerougy, a real estate expert, noted, 'We are seeing repeat investors from Asia, Europe, Brazil, and southern states of the US. There is particularly strong demand for one- and two-bedroom apartments as more families choose to relocate to the emirate.' The Dubai property market has experienced an unprecedented rally since the pandemic, with prices reaching record highs. This surge has largely been fuelled by foreign investors and affluent individuals who have injected billions of dirhams into real estate. Over the past three years, Dubai's real estate transactions have totaled nearly Dh2 trillion, rising from Dh528 billion in 2022 to Dh634 billion in 2023, and an estimated Dh761 billion in 2024. Tourists becoming residents Nazish Khan shared these insights during an event hosted by AYS Developers and the Innovation Experts Real Estate Institute, which aimed to set a Guinness World Record for the largest real estate training session. He observed a growing trend of tourists turning into permanent residents. 'Dubai's population has grown to 3.9 million because many visitors fall in love with the city and decide to make it their home. Previously, Dubai was seen as a luxury tourist destination for the wealthy. Over the past two years, it has transformed from just a holiday spot into a place where people want to live. Instead of visiting every few months, they're relocating their families and enrolling their children in schools.' The emirate received 18.72 million international overnight visitors in 2024, an increase of nine per cent. Khan explained that decisions to purchase often happen quickly. 'People sometimes decide on their flight back home and put down deposits after experiencing Dubai's infrastructure and lifestyle firsthand. The city has built immense trust, which we leverage in malls and through kiosks attracting tourists.' He cited April as a notable example: 'Despite a global economic downturn and stock market crashes due to tariff conflicts, Dubai recorded over Dh62 billion in property sales — a more than 50 per cent increase. With losses elsewhere, investors moved their capital into Dubai's real estate market."

AYS Developers Breaks a Guinness World Record for the World's Largest Real Estate Training Session in Dubai
AYS Developers Breaks a Guinness World Record for the World's Largest Real Estate Training Session in Dubai

Globe and Mail

timea day ago

  • Business
  • Globe and Mail

AYS Developers Breaks a Guinness World Record for the World's Largest Real Estate Training Session in Dubai

AYS Developers made history in Dubai with over 2500 participants at the Grand Hyatt Conference & Exhibition Centre, Dubai Dubai, United Arab Emirates--(Newsfile Corp. - June 2, 2025) - AYS Developers, one of the region's fastest-rising names in luxury real estate, has officially made history. AYS Developers, in partnership with Dr. Nour ElSerougy, widely known as the Eagle of Real Estate, the Innovation Experts Real Estate Institute, and Al Safi Bank, successfully hosted the world's largest real estate training session, setting a new Guinness World Record at the Grand Hyatt Conference & Exhibition Centre in Dubai. AYS Developers breaks a Guinness World Record for the World's Largest Real Estate Training Session in Dubai To view an enhanced version of this graphic, please visit: The event welcomed over 2500 attendees, each registered with individual QR codes and monitored on-site by official Guinness World Records adjudicators. Taking place from 11:45 am to 12:45 pm, the session focused on mastering off-plan sales strategies - particularly in high-growth areas such as Dubai Islands, where AYS Developers is actively expanding its footprint. The historic session was led by Dr. Nour ElSerougy, widely recognised as the Eagle of Real Estate, and hosted by renowned broadcaster and entrepreneur Kris Fade, the event was a high-energy convergence of knowledge, community spirit, and investment insight. Attended by senior government authorities and prominent real estate stakeholders from across the region, the session concluded with a dynamic panel discussion on the future of Dubai real estate, featuring industry leaders including Ms. Sonia Waters - Head of Sales at AYS Developers; Mr. Ismael Al Hammadi - Founder and CEO of Al Ruwad Real Estate and Biznet Consulting; Mr. Nazish Khan - Chief Operating Officer of FIDU Properties; Mr. Loai Al Fakir - Chief Executive Officer - Provident, Mr. Denis Donovan - President Reelly AI, Mr. Spencer Lodge - Award-winning podcast host & business strategist and Dr. Nour ElSerougy. AYS Developers has quickly earned a reputation for delivering premium lifestyle developments that combine smart living, sustainable design, and long-term value. Known for using top-tier European brands, smart home technology, and world-class amenities, AYS sets itself apart through a commitment to timeless quality-and a client-first approach that extends well beyond handover. These upcoming projects by AYS in Dubai Islands are a prime example of its vision in action. These developments will be part of Dubai's 2040 Urban Master Plan, which focuses on sustainable urban expansion, quality of life, and dynamic tourism growth. With over 80 hotels, world-class wellness hubs, and a strong infrastructure pipeline, Dubai Islands represents a next-generation opportunity, and AYS Developers is poised to lead it. The event took place in collaboration with Al Safi Bank, first Islamic bank established within the Astana International Financial Centre (AIFC), offering Sharia-compliant financial services to international clients. The bank specialises in cross-border transactions, foreign exchange operations, ethical banking solutions, and innovative money services tailored for a global audience. Yulia Loshchukhina, CEO of AYS Developers, said: "We don't just build homes; we build legacies. Breaking a world record is symbolic of how we think: bold, forward-looking, and grounded in real impact. It's a surreal feeling to have achieved something so monumental, we're proud to champion education, innovation, and investment in Dubai through this landmark event." Sonia Waters, Head of Sales at AYS Developers, added: "This achievement is a testament to what happens when vision meets action. Seeing thousands of industry professionals united by a shared commitment to excellence was truly powerful. At AYS, we're not just selling properties: we're shaping the future of real estate in Dubai, one bold step at a time." Dr. Nour ElSerougy, Real Estate Mentor and Host of the Training Session commented: "Hosting this session was about more than setting a record; it was about creating a legacy of education. We brought together a community of professionals passionate about growth, and I believe this moment will mark a turning point for the industry in the region." Mr. Mohammed Mousa, CEO of Innovation Experts Real Estate Institute added: "What began as a bold vision has now become a historic milestone. Breaking the record was never just about numbers - it was about igniting a global movement in real estate education. From the heart of Dubai, we've shown what's possible when passion, purpose, and people come together. This achievement is a testament to what our industry can accomplish when we dare to aim higher."

AYS Developers Breaks a Guinness World Record for the World's Largest Real Estate Training Session in Dubai
AYS Developers Breaks a Guinness World Record for the World's Largest Real Estate Training Session in Dubai

Associated Press

timea day ago

  • Business
  • Associated Press

AYS Developers Breaks a Guinness World Record for the World's Largest Real Estate Training Session in Dubai

AYS Developers made history in Dubai with over 2500 participants at the Grand Hyatt Conference & Exhibition Centre, Dubai Dubai, United Arab Emirates--(Newsfile Corp. - June 2, 2025) - AYS Developers, one of the region's fastest-rising names in luxury real estate, has officially made history. AYS Developers, in partnership with Dr. Nour ElSerougy, widely known as the Eagle of Real Estate, the Innovation Experts Real Estate Institute, and Al Safi Bank, successfully hosted the world's largest real estate training session, setting a new Guinness World Record at the Grand Hyatt Conference & Exhibition Centre in Dubai. [ This image cannot be displayed. Please visit the source: ] AYS Developers breaks a Guinness World Record for the World's Largest Real Estate Training Session in Dubai To view an enhanced version of this graphic, please visit: The event welcomed over 2500 attendees, each registered with individual QR codes and monitored on-site by official Guinness World Records adjudicators. Taking place from 11:45 am to 12:45 pm, the session focused on mastering off-plan sales strategies - particularly in high-growth areas such as Dubai Islands, where AYS Developers is actively expanding its footprint. The historic session was led by Dr. Nour ElSerougy, widely recognised as the Eagle of Real Estate, and hosted by renowned broadcaster and entrepreneur Kris Fade, the event was a high-energy convergence of knowledge, community spirit, and investment insight. Attended by senior government authorities and prominent real estate stakeholders from across the region, the session concluded with a dynamic panel discussion on the future of Dubai real estate, featuring industry leaders including Ms. Sonia Waters - Head of Sales at AYS Developers; Mr. Ismael Al Hammadi - Founder and CEO of Al Ruwad Real Estate and Biznet Consulting; Mr. Nazish Khan - Chief Operating Officer of FIDU Properties; Mr. Loai Al Fakir - Chief Executive Officer - Provident, Mr. Denis Donovan - President Reelly AI, Mr. Spencer Lodge - Award-winning podcast host & business strategist and Dr. Nour ElSerougy. AYS Developers has quickly earned a reputation for delivering premium lifestyle developments that combine smart living, sustainable design, and long-term value. Known for using top-tier European brands, smart home technology, and world-class amenities, AYS sets itself apart through a commitment to timeless quality-and a client-first approach that extends well beyond handover. These upcoming projects by AYS in Dubai Islands are a prime example of its vision in action. These developments will be part of Dubai's 2040 Urban Master Plan, which focuses on sustainable urban expansion, quality of life, and dynamic tourism growth. With over 80 hotels, world-class wellness hubs, and a strong infrastructure pipeline, Dubai Islands represents a next-generation opportunity, and AYS Developers is poised to lead it. The event took place in collaboration with Al Safi Bank, first Islamic bank established within the Astana International Financial Centre (AIFC), offering Sharia-compliant financial services to international clients. The bank specialises in cross-border transactions, foreign exchange operations, ethical banking solutions, and innovative money services tailored for a global audience. Yulia Loshchukhina, CEO of AYS Developers, said: 'We don't just build homes; we build legacies. Breaking a world record is symbolic of how we think: bold, forward-looking, and grounded in real impact. It's a surreal feeling to have achieved something so monumental, we're proud to champion education, innovation, and investment in Dubai through this landmark event.' Sonia Waters, Head of Sales at AYS Developers, added: 'This achievement is a testament to what happens when vision meets action. Seeing thousands of industry professionals united by a shared commitment to excellence was truly powerful. At AYS, we're not just selling properties: we're shaping the future of real estate in Dubai, one bold step at a time.' Dr. Nour ElSerougy, Real Estate Mentor and Host of the Training Session commented: 'Hosting this session was about more than setting a record; it was about creating a legacy of education. We brought together a community of professionals passionate about growth, and I believe this moment will mark a turning point for the industry in the region.' Mr. Mohammed Mousa, CEO of Innovation Experts Real Estate Institute added:Contact: Aprati Suri [email protected] To view the source version of this press release, please visit

AYS Developers breaks a Guinness World Record for the World's Largest Real Estate Training Session in Dubai
AYS Developers breaks a Guinness World Record for the World's Largest Real Estate Training Session in Dubai

Entrepreneur

time2 days ago

  • Business
  • Entrepreneur

AYS Developers breaks a Guinness World Record for the World's Largest Real Estate Training Session in Dubai

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. AYS Developers, a Dubai-based luxury real estate developer, has successfully hosted the world's largest real estate training session, setting a new Guinness World Record at the Grand Hyatt Conference & Exhibition Centre in Dubai. Held in partnership with with Dr. Nour ElSerougy (known as the Eagle of Real Estate), Innovation Experts Real Estate Institute, and Al Safi Bank, the event welcomed over 2,500 attendees, each registered with individual QR codes and monitored on-site by official Guinness World Records adjudicators. Taking place from 11:45 am to 12:45 pm, the session focused on mastering off-plan sales strategies - particularly in high-growth areas such as Dubai Islands, where AYS Developers is actively expanding its footprint. Source: AYS Developers The session was led by Dr. Nour ElSerougy, widely recognised as the Eagle of Real Estate, and hosted by broadcaster and entrepreneur Kris Fade, the event was a high-energy convergence of knowledge, community spirit, and investment insight. Known for using top-tier European brands, smart home technology, and world-class amenities, AYS sets itself apart through a commitment to timeless quality—and a client-first approach that extends well beyond handover. The event took place in collaboration with Al Safi Bank, first Islamic bank established within the Astana International Financial Centre (AIFC), offering Sharia-compliant financial services to international clients. The bank specialises in cross-border transactions, foreign exchange operations, ethical banking solutions, and innovative money services tailored for a global audience. Yulia Loshchukhina, CEO of AYS Developers, said, "We don't just build homes; we build legacies. Breaking a world record is symbolic of how we think: bold, forward-looking, and grounded in real impact. It's a surreal feeling to have achieved something so monumental, we're proud to champion education, innovation, and investment in Dubai through this landmark event."

AYS Developers breaks a Guinness World Record for the world's largest real estate training session in Dubai
AYS Developers breaks a Guinness World Record for the world's largest real estate training session in Dubai

Zawya

time2 days ago

  • Business
  • Zawya

AYS Developers breaks a Guinness World Record for the world's largest real estate training session in Dubai

Dubai, UAE: AYS Developers, one of the region's fastest-rising names in luxury real estate, has officially made history. AYS Developers, in partnership with Dr. Nour ElSerougy, widely known as the Eagle of Real Estate, Innovation Experts Real Estate Institute, and Al Safi Bank, successfully hosted the world's largest real estate training session, setting a new Guinness World Record at the Grand Hyatt Conference & Exhibition Centre in Dubai. The event welcomed over 2500 attendees, each registered with individual QR codes and monitored on-site by official Guinness World Records adjudicators. Taking place from 11:45 am to 12:45 pm, the session focused on mastering off-plan sales strategies - particularly in high-growth areas such as Dubai Islands, where AYS Developers is actively expanding its footprint. The historic session was led by Dr. Nour ElSerougy, widely recognised as the Eagle of Real Estate, and hosted by renowned broadcaster and entrepreneur Kris Fade, the event was a high-energy convergence of knowledge, community spirit, and investment insight. Attended by senior government authorities and prominent real estate stakeholders from across the region, the session concluded with a dynamic panel discussion on the future of Dubai real estate, featuring industry leaders including Ms. Sonia Waters - Head of Sales at AYS Developers; Mr. Ismael Al Hammadi - Founder and CEO of Al Ruwad Real Estate and Biznet Consulting; Mr. Nazish Khan - Chief Operating Officer of FIDU Properties; Mr. Loai Al Fakir - Chief Executive Officer - Provident, Mr. Denis Donovan - President Reelly AI, Mr. Spencer Lodge - Award-winning podcast host & business strategist and Dr. Nour ElSerougy. AYS Developers has quickly earned a reputation for delivering premium lifestyle developments that combine smart living, sustainable design, and long-term value. Known for using top-tier European brands, smart home technology, and world-class amenities, AYS sets itself apart through a commitment to timeless quality—and a client-first approach that extends well beyond handover. The developer is all set to launch its series of ultra-luxury projects worth a Billion Dirhams under its prestigious Heritage Collection in the city's most coveted location – Dubai Islands. These upcoming projects by AYS in Dubai Islands are a prime example of its vision in action. These developments will be part of Dubai's 2040 Urban Master Plan, which focuses on sustainable urban expansion, quality of life, and dynamic tourism growth. With over 80 hotels, world-class wellness hubs, and a strong infrastructure pipeline, Dubai Islands represents a next-generation opportunity, and AYS Developers is poised to lead it. The event took place in collaboration with Al Safi Bank, first Islamic bank established within the Astana International Financial Centre (AIFC), offering Sharia-compliant financial services to international clients. The bank specialises in cross-border transactions, foreign exchange operations, ethical banking solutions, and innovative money services tailored for a global audience. Yulia Loshchukhina, CEO of AYS Developers, said: "We don't just build homes; we build legacies. Breaking a world record is symbolic of how we think: bold, forward-looking, and grounded in real impact. It's a surreal feeling to have achieved something so monumental, we're proud to champion education, innovation, and investment in Dubai through this landmark event." Sonia Waters, Head of Sales at AYS Developers, added: 'This achievement is a testament to what happens when vision meets action. Seeing thousands of industry professionals united by a shared commitment to excellence was truly powerful. At AYS, we're not just selling properties: we're shaping the future of real estate in Dubai, one bold step at a time." Dr. Nour ElSerougy, Real Estate Mentor and Host of the Training Session commented: 'Hosting this session was about more than setting a record; it was about creating a legacy of education. We brought together a community of professionals passionate about growth, and I believe this moment will mark a turning point for the industry in the region.' Mr. Mohammed Mousa, CEO of Innovation Experts Real Estate Institute added: 'What began as a bold vision has now become a historic milestone. Breaking the record was never just about numbers — it was about igniting a global movement in real estate education. From the heart of Dubai, we've shown what's possible when passion, purpose, and people come together. This achievement is a testament to what our industry can accomplish when we dare to aim higher.'​ About AYS Developers AYS Developers is a leading property development company with proven expertise in real estate and lifestyle properties. With a strong presence in key global markets including the UAE, Kazakhstan, and Russia, AYS delivers a portfolio of exceptional developments that combine design, functionality, and long-term value. Guided by a vision of service excellence and innovation, AYS Developers is committed to helping families find their dream homes while offering investors world-class opportunities that deliver strong returns. With passion and purpose, AYS continues to shape the future of real estate. For more information, visit: About Innovation Experts Real Estate Institute Innovation Experts Real Estate Institute is a private venture that is envisioned to constitute the gateway of real estate professionals of all horizons to the most relevant, accurate and up-to-date real estate knowledge. Whether it is about world's best practices, or latest market insights, or innovative techniques and tools, our team of experts is fully dedicated to help you upskill your capabilities and deepen your knowledge of the market. While they operate in full-concordance with the guidelines of RERA – DLD, they have strong ties with leading international associations, colleges and institutes that pertain to the real estate industry, these include, but not restricted to, the National Realtors Association®, CIPS®, CRB®, and ISPIM®, amongst others. For more information, visit:

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