Marketing

Dubai property market will not see oversupply over the next 4-5 years due to high demand

Dubai property market is unlikely to experience an oversupply over the next four to five years, even with numerous launches in recent years, as high demand is expected to absorb the new supply. Rizwan Sajan, founder and chairman of Danube Properties, said there is a large amount of supply which will come to the market, but similarly, the number of investors which are coming to Dubai are very...

UAE set to welcome even more millionaires as wealthy individuals abandon the UK

The United Arab Emirates is on track to be the world’s top wealth magnet for the third year running, according to the Henley Private Wealth Migration Report. At the same time, the U.K. – already the source of many of the UAE’s expatriates – is projected to see its millionaire population drop by 17% by 2028, according to Swiss bank UBS. High-net worth individuals are in many cases voting...

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