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Investment

How UAE’s Mortgage Rate Drop Can Boost Homeownership Opportunities

Imagine finding out that the dream of owning a property in the UAE is becoming more attainable. Thanks to dropping mortgage rates, this dream is now closer to reality for many potential homeowners. With the real estate market evolving, homebuyers must understand these trends and how they affect property investments. Current Mortgage Landscape in the UAE What would you feel if you were planning to go...

The UAE is targeting a 7% growth in its economic sector for 2024. This ambition was expressed by the minister at the Economy Middle East Summit 2024 

 “The various global challenges encountered over time have put our resilience to the test. Nonetheless, our objective is to achieve a 7% economic growth rate in 2024.”  The UAE aspires to expand its economy and increase its gross domestic product to AED 3 trillion by 2030. The country experienced an 8% growth in 2022. The minister anticipates that the economy will see a 5% growth in...

Asteco Q2 2023 Real Estate Report Highlights Remarkable Resilience in Abu Dhabi and Dubai

The Dubai real estate market has continued to significantly outperform many of its worldwide peers Abu Dhabi: – The Q2 2023 report by Asteco, the UAE’s leading full-service Real Estate company, revealed remarkable trends in the real estate markets of Abu Dhabi and Dubai. Both Emirates demonstrated great resilience in the face of rising interest rates and inflation. The Dubai real estate market has...

Abu Dhabi Named Smartest City in Mena Region, 13th globally; Dubai Ranked 17th

For the third consecutive time, Abu Dhabi has been ranked as the smartest city in the Mena region, according to the IMD Smart City Index Report 2023. Published by the Switzerland-based International Institute for Management Development (IMD) in collaboration with the Singapore University of Technology and Design (SUTD), the report ranks Abu Dhabi 13th globally out of 141 cities, while Dubai takes the...

UAE Sees More Investment by Women Than Ever Before

The rising trend of women investors is aided by the emergence of micro-investing apps, making it easy and affordable for individuals to invest small amounts of money regularly. The UAE’s growing women empowerment is helping the fairer sex to break yet another traditional male fiefdom – market investment, with the number of women investors in the country shooting up by a whopping 51...

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