Latest news with #luxuryproperties
Times of Oman
22-05-2025
- Business
- Times of Oman
Ultra-wealthy Indians are second to Saudis in buying luxury properties in Dubai: Report
New Delhi: Super-rich Indians are second to Saudi High Net Worth Individuals (HNWI) in buying luxury properties in Dubai, according to a report by global property consultancy Knight Frank. The report adds that British citizens are in third position after Indians in buying luxury properties in Dubai. Saudi HNWIs have the highest average budget of USD 45.7 million, followed by those from India at USD 44.6 million and UK citizens with USD 30 million, as per the report. Asian HNWIs have the lowest average budget among Knight Frank's survey respondents; however, this was still a very healthy USD 23 million. Global real estate investors chose Dubai's Marina area (28 per cent) as their preferred location. Other locations such as Dubai Hills Estate (24 per cent) and Emirates Hills (23 per cent) were the second and third places chosen by wealthy buyers, as per the Knight Frank report. Observing the trends, Shehzad Jamal, Partner - Strategy & Consultancy, MENA, said, "For our wealthiest HNWI respondents (net worth > USD 50 million), Dubai Marina (43 per cent) commands the highest interest, demonstrating the enduring appeal of the long-standing poster child of Dubai's property market. For this group of super-rich buyers, Dubai Hills Estate (30 per cent) follows in second place, while Emirates Hills (22 per cent) rounds off the top three likely home purchase locations." The 2025 edition of the Destination Dubai report further added that Dubai's residential market experienced another strong year in 2024, with property values rising by 19.1 per cent to an average of United Arab Emirates Dirham (AED) 1,685 per square foot (psf), pushing prices to 13.3 per cent above the 2014 peak. On average, villa sale prices grew by 19.6 per cent in the 12 months to the end of Q1, reaching AED 2,088 per sf, reflecting a 107.6 per cent uplift on Q1 2020. This sustained growth illustrates the strong appeal of stand-alone villas, beachfront homes and branded residences that provide instant access to the Dubai lifestyle, the report added. (
Reuters
21-05-2025
- Business
- Reuters
Erin Krueger Releases "Capture the Culture," a Roadmap to Building Intentional, High-Performance Workplace Culture
NASHVILLE, TN, May 20, 2025 (EZ Newswire) -- What makes the difference between a company culture that thrives and one that struggles under the weight of new challenges? In her new book "Capture the Culture," Erin Krueger argues the answer lies in intentionality—the deliberate and consistent effort to build culture from the inside out. By prioritizing intentional culture-building, Krueger believes leaders can foster an environment where employees thrive, teams flourish amid uncertainty, and organizations become resilient enough to sustain long-term growth. In presenting her roadmap for leaders, Krueger argues that culture-building shouldn't be treated as an afterthought or just a component of change management. Instead, she says, it is a core responsibility of leaders and entrepreneurs who aspire to build something greater than themselves. 'Culture isn't just something you have,' Krueger explains. 'It's something you create with intention." After all, as the saying goes, a company's greatest asset asset is its people. Erin Krueger's Approach to Business Resilience With nearly two decades of experience in real estate, marketing and advertising, Erin Krueger brings deep industry insight to the conversation around business resilience. She leads a top-performing real estate team specializing in luxury properties and has helped other professionals build and grow successful businesses. Having sold some of the highest price-per-square-foot residential homes in Nashville, Krueger credits her success—and her ability to rebound from setbacks—to a blend of strategy, storytelling and intentional relationship-building. She believes that a setback is only as powerful as the story a business tells about it. A compelling narrative can reframe challenges, allowing organizations not only to bounce back, but to move forward with renewed focus and strength. That is why it is essential for business leaders to consider the stories at the heart of their organization's culture—not just who they are and what they do, but why they do it. By developing a sense of purpose, empowering employees to live it and intentionally building trust, leaders can create resilient teams rooted in a culture of excellence. Building the Culture To illustrate the power of intentional culture-building, Krueger shares the story of one of her agents: 'I remember when they first joined the team—talented but unsure of their potential. Through mentorship, guidance and the culture we built with intention, I watched them grow not just in sales, but in confidence, leadership and vision,' she says. 'Today, they're thriving—leading deals they once hesitated to pursue and inspiring the next generation of agents. That's the magic of culture—it's not about competition, but collaboration.' Reflecting on her own setbacks, Krueger emphasizes that it's not the obstacles but the response to them that defines success. 'Instead of seeing it as a roadblock, I turned it into an opportunity,' she says. 'When the doors didn't open, I found windows. My relentless work ethic and unwavering commitment to excellence became my calling card.' A Roadmap for Leaders In "Capture the Culture," Krueger shares her personal approach and the lessons she's learned from building successful teams. The book offers a practical roadmap for developing a high-performing, high-trust organizational culture 'Great culture doesn't happen by chance,' Krueger says. 'It requires ongoing commitment, clear purpose and authentic leadership to create an environment where everyone feels essential to the mission and empowered to contribute to a shared vision. That's how teams achieve extraordinary results.' "Capture the Culture" is available for purchase on Amazon and Barnes & Noble. About Capture the Culture "Capture the Culture" is a new book by Erin Krueger that outlines her three-step approach to building a culture of excellence: build intentionally, nurture consistently and monitor actively. The book offers actionable strategies for hiring, team-building and scaling operations—all while maintaining trust and authenticity. Designed for business owners and leaders, it provides practical tools to unlock their team's potential, shape the culture their organization needs and lead with purpose. For more information, visit Media Contact Capture the Culture molly@ ### SOURCE: Capture the Culture Copyright 2025 EZ Newswire See release on EZ Newswire
Economy ME
20-05-2025
- Business
- Economy ME
DAMAC launches Middle East's first fully experiential real estate e-commerce platform
In a groundbreaking move set to redefine the real estate landscape in the Middle East, DAMAC Properties has unveiled the region's first fully experiential e-commerce property website. Designed to offer a seamless, tech-driven, and immersive experience, the new platform allows users to explore, reserve, and engage with DAMAC's luxury properties in real time — revolutionizing how property transactions are managed. The state-of-the-art digital platform integrates 3D virtual tours, live inventory tracking, and instant unit reservations — all within a few clicks. With multilingual, geo-targeted features and built-in metaverse capabilities, the portal caters to a global audience of investors, homebuyers, and brokers, providing a user experience that is as efficient as it is engaging. Ali Sajwani, managing director of operations, finance and hospitality at DAMAC Read: DAMAC launches branded Chelsea Residences in Dubai Maritime City DAMAC's new platform also includes powerful tools for agents, such as personalized referral links, lead attribution, EOI (Expression of Interest) submission, and end-to-end invoicing and tracking over 15 days. Key projects — including the recently launched Chelsea Residences by DAMAC — are now live on the portal. Fully integrated with DAMAC's internal inventory systems, the platform ensures near real-time unit availability and transactional transparency. The launch reflects DAMAC's continued commitment to innovation, customer-centricity, and setting new benchmarks in the real estate industry. Ali Sajwani , managing director of operations, finance and hospitality at DAMAC, commented: 'The launch of our new e-commerce platform represents a bold step forward in redefining how real estate is experienced and transacted for our buyers in the UAE and globally. Combining immersive technology with seamless functionality empowers buyers and brokers with more access, convenience, and confidence.' For more news, click here
