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Best International banks in Dubai

By Earl,

Dubai is known as one of the financial capitals of the world, and it is home to some of the largest and most influential banks globally. These banks are renowned for their top-notch services, expertise, and innovative financial products. In this article, we will highlight some of the top international banks in Dubai.

HSBC Bank Middle East Limited
HSBC is one of the oldest and largest banks in Dubai, with a history dating back to the 19th century. The bank has a strong reputation for its global network and diverse financial products and services. HSBC has a significant presence in the UAE, and it operates several branches and ATMs in Dubai.

Emirates NBD
Emirates NBD is the largest banking group in the UAE, and it has a dominant presence in Dubai. The bank provides a wide range of retail, corporate, and investment banking services, including Islamic banking products. Emirates NBD is a recipient of several awards for its innovation, technology, and customer service.

Standard Chartered Bank
Standard Chartered Bank has been operating in the UAE for over 60 years and has a strong presence in Dubai. The bank offers a range of banking services, including personal banking, corporate banking, and investment banking. Standard Chartered is known for its expertise in trade finance and Islamic banking.

Citibank
Citibank has been operating in the UAE since 1964 and has a strong presence in Dubai. The bank offers a range of banking services, including retail banking, wealth management, and corporate banking. Citibank is known for its expertise in investment banking and innovative financial products.

Deutsche Bank AG
Deutsche Bank has a significant presence in Dubai, and it provides a range of banking services, including investment banking, asset management, and global transaction banking. The bank is known for its expertise in financial markets and innovative financial products.

CategoriesDubai Real Estate Blog

10 Relaxing Daycations in Dubai

By Earl,
Here are 10 relaxing daycation ideas in Dubai:
  • Visit the Dubai Miracle Garden: Stroll through the world’s largest flower garden and enjoy the beautiful, colorful displays.
  • Spend the day at Jumeirah Beach: Soak up the sun, swim in the crystal-clear waters, and relax on the white sand beach.
  • Indulge in a spa day: Book a spa day at one of Dubai’s many luxurious spas and enjoy a range of treatments and services designed to help you unwind.
  • Explore Dubai’s old town: Wander through the charming historic district of Dubai and immerse yourself in the city’s rich culture and history.
  • Take a yacht cruise: Enjoy a peaceful and relaxing yacht cruise around Dubai’s stunning coastline, taking in the city’s iconic landmarks from the water.
  • Visit Dubai’s parks: Spend the day in one of Dubai’s beautiful parks, such as Zabeel Park or Safa Park, enjoying a picnic, playing games, or simply relaxing in the shade.
  • Go to a rooftop pool: Soak up the sun and take in the stunning views of Dubai from a rooftop pool, such as at the Address Dubai Marina or the Ritz Carlton Dubai.
  • Visit Dubai’s aquariums: Discover the fascinating world of marine life at one of Dubai’s incredible aquariums, such as the Dubai Aquarium and Underwater Zoo or the Lost Chambers Aquarium.
  • Enjoy a round of golf: Tee off at one of Dubai’s world-class golf courses, such as the Emirates Golf Club or the Dubai Creek Golf & Yacht Club.
  • Take a hot air balloon ride: Rise high above the city and enjoy breathtaking views of the desert and skyline on a tranquil hot air balloon ride over Dubai.
CategoriesDubai Real Estate Blog

Top ten areas renting for couple

By Earl,

Here are Dubai’s top ten areas for renting couples:

  • Dubai Marina – a waterfront community with plenty of dining, shopping, and entertainment options.
  • Jumeirah Lake Towers (JLT) – a high-rise development with numerous amenities and scenic views of the lake.
  • Downtown Dubai – home to the iconic Burj Khalifa and Dubai Mall, with plenty of options for dining and entertainment.
  • Business Bay – a vibrant area with numerous dining, shopping, and entertainment options, as well as easy access to major highways.
  • The Greens – a peaceful residential community with plenty of parks, shopping, and dining options.
  • Dubai Sports City – an ideal choice for sports enthusiasts, with world-class facilities for various sports.
  • Palm Jumeirah – a luxurious island community with stunning beachfront properties and an array of dining and entertainment options.
  • Arabian Ranches – a serene suburban community with plenty of parks, recreational facilities, and retail outlets.
  • Dubai Silicon Oasis – a popular choice for tech-savvy couples, with numerous tech companies and startups located in the area.
  • Al Barsha – a lively neighborhood with a mix of residential and commercial areas, plenty of dining and entertainment options, and easy access to major highways.
CategoriesDubai Real Estate Blog

Power of Attorney for Real estate

By Earl,

Power of Attorney for Real Estate (POA)

Power of attorney (POA) is a legal document that authorizes a person or entity to act on behalf of another person or entity. In real estate transactions in Dubai, a POA can be a valuable tool to help facilitate the buying or selling of a property, especially for individuals who may not be able to be present physically in the country.

When drafting a POA for a real estate transaction in Dubai, it is important to ensure that the document complies with the laws and regulations of the United Arab Emirates (UAE). In Dubai, a POA must be notarized by a public notary and registered with the Dubai Land Department (DLD).

The POA can grant the authorized person or entity a range of powers, such as the power to sign contracts, negotiate terms, and make payments on behalf of the principal. The scope of the POA can be customized to suit the needs of the parties involved in the transaction.

For example, a POA can be granted to a real estate agent to act as the principal’s representative in negotiations with potential buyers or sellers. This can be particularly useful for non-resident investors who may not be able to attend meetings or viewings in person.

Similarly, a POA can be granted to a lawyer to act on behalf of the principal in legal matters related to the real estate transaction. This can be helpful in situations where the principal is not familiar with the local laws and regulations in Dubai.

Overall, a POA can provide a flexible and efficient way to manage real estate transactions in Dubai. However, it is important to ensure that the document is properly drafted and executed to avoid any potential legal issues.

CategoriesDubai Real Estate Blog

Dubai Real Estate Market – Jan 2023

By Earl,

Dubai Land Department experienced an unprecedented achievement in January 2023, as the volume and value of sales transactions exceeded all prior January records, signifying a remarkable milestone for the department.

To find out more, check out the GRRE January 2023 Dubai Real Estate Market Snapshot, now available at the link below:

Dubai Property Report – Jan 2023

Dubai’s rental market has recorded its highest growth rate in history, making it difficult for residents to find affordable accommodation. However, there are still options available for those on a tight budget. With a budget of Dh30,000 per year, it is possible to find a studio or one-bedroom apartment in certain areas such as International City, Al Qusais, and Discovery Gardens. It is recommended to d consult with us  to find the best deals.

Dubai Rentals Report – Jan 2023

 

CategoriesDubai Real Estate Blog

Best Selling Projects – Jan 2023

By Earl,
  1. Dubai’s real estate market is home to some of the best selling projects in the world.
  2. From luxury villas to sleek high-rise apartments, Dubai offers a diverse range of top-selling property options.
  3. The Palm Jumeirah, Downtown Dubai, and Dubai Marina are some of the most sought-after locations for best selling projects in Dubai.
  4. Developers in Dubai are constantly pushing the boundaries with innovative and state-of-the-art projects, making it an ideal destination for investors.
  5. The city’s world-class infrastructure, strategic location, and favorable business environment are key factors contributing to the success of best selling projects in Dubai.

Best Selling Projects

Off-plan Apartments:

  1. The Cove Il: 407 transactions worth AED 1.2B.
  2.  Liva: 307 transactions worth AED 179.6M.
  3. Peninsula Four: 211 transactions worth AED 430.5M.
  4.  Park Horizon: 207 transactions worth AED 350.9M.
  5.  Lamaa: 191 transactions worth AED 465.5M.

Off-plan villas

  1. Damac Lagoons – Monte Carlo: 200 transactions worth AED 443.7M.
  2. Damac Lagoons – Marbella: 136 transactions worth AED 305.3M.
  3. The Fields At D11 – Mbrmc: 94 transactions worth AED 340.5M.
  4.  La Violeta 2: 66 transactions worth AED 130.8M.
  5.  Damac Lagoons – Venice (1): 65 transactions worth AED 683.9M.

Ready apartments

  1. Golf Promenade 5 – B: 78 transactions worth AED 95M.
  2. 1 Residences – 2: 73 transactions worth AED 138.6M.
  3. 1 Residences – 1: 58 transactions worth AED 149.7M.
  4. The Nook 1-1: 45 transactions worth AED 37M.
  5. Binghatti Views: 34 transactions worth AED 15.4M.

Ready villas

  1. The Valley – Farm Gardens: 56 transactions worth AED 332M.
  2. Keturah Resort: 44 transactions worth AED 158.5M.
  3.  Villanova Amaranta : 28, worth AED 51.1M.
  4.  Damac Hills (2) – Amargo 2: 17 transactions worth AED 20.8M.
  5. The Sustainable City: 13 transactions worth AED 43M.

 

 

CategoriesDubai Real Estate Blog

The importance of location in Dubai’s real estate market

By Earl,

The importance of location in Dubai’s real estate market

The Dubai real estate market is one of the most vibrant and dynamic markets in the world, attracting millions of investors, property buyers and sellers every year. With a wide range of residential, commercial and industrial properties, Dubai offers investors a unique opportunity to invest in a city that has become a global hub for business, tourism, and innovation. However, one of the most critical factors that can make or break a real estate investment in Dubai is the location. In this blog, we’ll explore why location is such an important consideration when investing in Dubai’s real estate market.

Accessibility and Convenience

One of the key aspects of a good location is accessibility and convenience. In Dubai, properties that are located in well-connected areas, near major transportation hubs, and shopping centers are always in high demand. Properties located in areas like Dubai Marina, Business Bay, and Jumeirah Beach Residence are some of the most popular locations due to their proximity to the Dubai Metro, the Dubai Tram, and major shopping malls like The Beach and The Walk.

Rentability

Another important factor to consider when investing in Dubai’s real estate market is the rentability of the property. Properties located in areas with high demand for rental properties, such as Downtown Dubai, The Palm Jumeirah, and Dubai Marina, tend to have higher rental yields compared to properties in less popular locations. This is because properties in prime locations have more tenants, and therefore, a higher occupancy rate, resulting in higher rental income.

Potential for Capital Appreciation

Dubai’s real estate market is known for its high potential for capital appreciation, and location plays a crucial role in this. Properties located in areas with high demand, such as Dubai Marina, Business Bay, and The Palm Jumeirah, tend to experience higher capital appreciation compared to properties in less popular locations. This is because these areas have a high demand for property, and as a result, prices tend to increase over time.

Community Amenities

The quality of the community amenities in the area is another important factor to consider when investing in Dubai’s real estate market. Properties located in areas with top-notch amenities, such as schools, hospitals, and parks, tend to have higher demand compared to properties in areas with limited community amenities. Properties located in areas like Dubai Sports City, The Greens, and The Springs have excellent community amenities that make them highly sought after by buyers and renters.

In conclusion, location is a critical factor to consider when investing in Dubai’s real estate market. Properties located in well-connected, popular areas with good rental yields, high capital appreciation potential, and excellent community amenities are likely to be more profitable in the long run. When investing in Dubai’s real estate market, it’s essential to consider the location of the property and the potential benefits it offers before making a purchase.

CategoriesDubai Real Estate Blog

Top performing areas in January 2023

By Earl,

Top performing areas in January 2023

Dubai has always been a popular destination for real estate investment and with its vibrant economy, diverse population, and dynamic property market, it’s no wonder that the city continues to attract property buyers from all over the world. In January 2023, Dubai’s real estate market saw some impressive sales performances in certain areas, which we will explore in this blog.

  1. Dubai Marina – Dubai Marina is a popular area for real estate investment, known for its luxury apartments, high-end dining and entertainment options, and world-class marina. The area saw some of the highest sales performances in January 2023, with a large number of property purchases being made by both local and foreign buyers.
  2. The Palm Jumeirah –The Palm Jumeirah is another luxury real estate hot spot in Dubai. With its stunning views of the Arabian Gulf, world-class amenities, and beautiful properties, it’s no wonder that the area is a favorite among buyers. In January 2023, the area saw a rise in sales, with many buyers looking for luxury apartments and villas.
  3. Downtown Dubai – Downtown Dubai is a bustling hub of activity, with some of the city’s most iconic attractions, including the Burj Khalifa, Dubai Mall, and the Dubai Fountain. The area is home to a mix of residential and commercial properties, making it a popular destination for buyers. In January 2023, the area saw a steady increase in sales, with buyers looking for apartments and penthouses in the heart of the city.
  4. Business Bay – Business Bay is an up-and-coming area in Dubai, offering a mix of residential and commercial properties, as well as world-class amenities and easy access to major highways. The area saw some impressive sales performances in January 2023, with buyers looking for both apartments and office space.
  5. Jumeirah Village Circle (JVC) – JVC is a popular residential area in Dubai, known for its family-friendly environment, parks and open spaces, and easy access to shopping and dining options. In January 2023, the area saw a surge in sales, with many buyers looking for affordable properties in a convenient location.

In conclusion, Dubai’s real estate market continues to be a popular destination for buyers, with several areas experiencing impressive sales performances in January 2023. Whether you’re looking for a luxury apartment, a family-friendly home, or commercial property, Dubai has something to offer for everyone.

 
 

 

 
CategoriesDubai Real Estate Blog

Best Hospitals in Dubai – 2023

By Earl,

Best Hospitals in Dubai – 2023

The United Arab Emirates has some of the best hospitals in the world, and Dubai is no exception. The Emirate is home to several world-class hospitals that offer excellent medical care to patients worldwide.

Are you looking for the best hospitals in Dubai? Look no further, we’ve put together a list of the best health care centers in Dubai. From maternity and cancer to emergency medical services, there’s something here for everyone!

Government Hospitals in Dubai

The best hospitals in Dubai include those run by the Ministry of Health and Prevention. This government entity is in charge of running hospitals across the emirate, several of which are well known for their high-quality care.

Here we list the best hospitals in Dubai, helping you choose the best healthcare for your next visit to the city. These hospitals are among the best in the region, with advanced equipment and specialists who are trained both locally and abroad.

Dubai Hospital

Dubai Hospital is a leading healthcare provider in the United Arab Emirates. We are home to a team of highly skilled medical professionals who are dedicated to providing the best possible care to our patients. We offer various medical services, including emergency care, surgery, and rehabilitation. Contact us today at 04 219 5000.

Rashid Hospital

Rashid Hospital is a 965-bed tertiary care hospital located in Umm Hurair – street 2 – Dubai. It is one of the largest hospitals in the Middle East, and is managed by the Dubai Health Authority. The hospital offers a wide range of medical services, including emergency care, surgical services, and outpatient services. It also has a dedicated pediatric unit and rehabilitation unit.

Latifa Hospital

The Latifa Hospital is a large, multi-story hospital located in the city of Latifa and is well-known for its high quality of care. It has many facilities and services, including a 24-hour emergency department and a maternity ward—contact us today!

Private Hospitals in Dubai

When it comes to finding the best hospitals in Dubai, there are plenty of excellent facilities to choose from. However, if you are looking for a private hospital in Dubai, you should make sure that you take the time to find one that meets your specific needs.

The American Hospital Dubai

The American Hospital Dubai is one of the leading healthcare providers in the UAE. It is accredited by the Joint Commission International (JCI) and offers a wide range of services, including emergency care, surgery, and cancer treatment. Also, it’s one of the best maternity hospitals in Dubai. Located in Oud Metha – Dubai.

Medcare Hospital

Medcare Hospital offers state-of-the-art medical services. It is fully equipped with modern facilities and offers oncology, surgery, maternity care, and emergency care. The hospital has a team of experienced doctors who work round the clock offering excellent medical care to its patients—contact: 800 6332273.

Burjeel Hospital

Burjeel Hospital is one of the leading healthcare providers in the UAE. It offers various services, including emergency, surgery, oncology, and maternity care. Located in Sheikh Zayed Rd – Al Quoz – Dubai

The Canadian Specialist Hospital 

The Canadian Specialist Hospital in Dubai is a state-of-the-art facility that offers its patients a wide range of services. It is located behind the Ministry of Environment and Water – Abu Hail – Dubai and is easily accessible by public transport. The hospital has a team of highly skilled and experienced medical professionals who are dedicated to providing the best possible care to their patients.

The Saudi German Hospital

The Saudi German Hospital in Dubai is the place to go for all your medical needs. Our team of highly qualified and experienced medical professionals offer a wide range of services, including general medicine, surgery, Pediatrics, cardiology, obstetrics and gynecology. We also have a state-of-the-art laboratory and a modern diagnostic center— contact 800 22 11 today to find out more.

Best Eye Hospitals in Dubai

In order to provide the highest standard of care, Dubai’s best eye hospitals offer the latest technology, highly trained staff and state-of-the-art facilities. The Moorfields Eye Hospital Dubai is a state-of-the-art facility that offers a wide range of services for diagnosing and treating eye conditions.

The Barraquer Eye Hospital in Dubai is a world-renowned facility that provides top-quality eye care. The hospital is equipped with the latest technology and has a highly trained staff dedicated to providing the best possible care to their patients. Located in Dubai Healthcare City 2 – Al Jaddaf – Dubai—contact: 04 573 9999.

Best IVF Centres in Dubai

Many Dubai IVF clinics provide high-quality care and treatment and have excellent success rates. The Fakih IVF Center, Al Jalila IVF Center and Centre for Reproductive Medicine and IVF at Dubai Healthcare City are just a few of the top IVF centers in Dubai.

Cancer Hospitals in Dubai

The American Hospital Dubai and the Rashid Hospital have world-class cancer treatment centers. The centers offer various cancer treatments and services, including radiation therapy, chemotherapy, surgery and radiation therapy. In addition to this, both hospitals provide a full range of diagnostic procedures to help determine whether there is a complication related to cancer or another disease.

The hospitals in the Emirate of Dubai offer state-of-the-art medical care. If you are looking for quality medical care in Dubai, these are some of the most reputable hospitals you can find.

If you are planning to move with your family to this fascinating city or even just want to marvel at its educational institutions from afar, check out our picks for the best American curriculum schools in Dubai and the best British schools in Dubai. Also, keep an eye on Driven Properties for more similar posts about everyday life in Dubai and the rest of the UAE.

CategoriesDubai Real Estate Blog

TOP MOST FAMOUS BUILDINGS OF DUBAI – 2023

By Earl,

TOP MOST FAMOUS BUILDINGS OF DUBAI – 2023

Dubai has some of the most iconic architecture and luxury properties in the world. From the world’s tallest building, Burj Khalifa, to the iconic Burj Al Arab, Dubai is home to some of the most impressive architecture and luxury properties in the world.

Behind each of the amazing buildings in Dubai is a story to tell. From the old to the new, this list of famous architectural wonders showcases some of the best of what Dubai has to offer in terms of eye-catching architecture

Burj Khalifa

The Burj Khalifa is the tallest building in the world and was completed in 2010 after five years of construction. It costs an estimated 1.5 billion dollars to build it. So what can you do at the top of the Burj Khalifa? There’s actually a lot to do! The tower has an observation deck that gives you 360-degree views of Dubai, several restaurants and even a hotel on the highest floors where you can stay overnight if you would like.

Burj Al Arab

Burj Al Arab is the second tallest hotel in the world, with a height of 321 meters (1,053 feet) and 60 floors. It is also known as ‘the Only 7-star Hotel on Earth’, located at Jumeirah Beach Road, Jumeirah 3, Dubai.

Museum of the Future

Dubai is known for its ultramodern architecture, and the museum of the future is no exception. This cutting-edge museum was designed by world-renowned architect Santiago Calatrava. The museum is located in the heart of Dubai’s Business Bay district and showcases the latest innovations in science and technology. With its innovative design and cutting-edge exhibits, the museum of the future is sure to be one of Dubai’s most popular tourist attractions. So if you’re planning a trip to Dubai, add this incredible museum to your itinerary.”

Jumeirah Beach Hotel

Located on Jumeirah Beach Road, this hotel is one of the most famous buildings in Dubai. Designed by Aedas, the hotel has 56 floors and 658 rooms and suites. The hotel is known for its spectacular views of the Arabian Gulf, as well as for its unique perforated wave-shaped design.

Dubai World Trade Centre

At 354 metres (1,165 feet) high, the Dubai World Trade Centre is the tallest building in the United Arab Emirates and one of the world’s most impressive. The tower consists of 76 floors and was completed in 1979. Situated parallel to the city’s main artery – Sheikh Zayed Road – the community lies in the heart of Dubai’s central business and financial district where similar developments such as Downtown Dubai, DIFC, and Business Bay exist.

Cayan Tower

In the Cayan Tower, you can see the skyline of Dubai. The highest residential building in the world is 306 meters high. The tower was inaugurated in 2013, and has 73 floors. It’s located at Dubai Marina.

Jumeirah Emirates Towers

The Jumeirah Emirates Towers is the tallest office building in the world, with a height of 309 meters (1,014 feet). The building has 56 floors and was completed in 2000. The building is located along Sheikh Zayed Road in the city of Dubai. The tower is composed of two adjoining towers: Tower 1 (Grosvenor House) and Tower 2 (Grosvenor House – Part II), which are connected by an atrium surmounting the third floor.

JW Marriott Marquis Dubai

Standing 1,164 feet tall, the JW Marriott Marquis Dubai is the world’s tallest hotel. The hotel has 77 floors and 1,608 guest rooms, making it one of the largest hotels in the world. The JW Marriott Marquis Dubai is located in the Business Bay district of Dubai and is part of a complex that includes two other skyscrapers, the Office Tower and the retail Boulevard.

Atlantis The Palm

At the top of the list for most famous buildings in Dubai is Atlantis The Palm. Atlantis The Palm opened in 2008 and features 1,537 rooms, suites, and 18 restaurants and bars. In addition to a luxury spa, dolphin encounters and marine habitat with over 65,000 marine animals, the resort is home to Aquaventure Waterpark which features over 20 rides and attractions. Other facilities include a marine habitat with over 65,000 marine animals.

The Dubai Mall

Dubai Mall is the world’s largest shopping mall by total area. It is located in Downtown Dubai and has over 1,200 stores, an aquarium, an ice rink and a cinema complex. The mall also houses the world’s largest gold refinery, which can be found on the lower level near the Gold Souk. The Dubai Mall was developed by Emaar Properties and opened in 2008. Designed by CallisonRTKL (now Callison), it has a gross leasable area of 5 million square feet (464 thousand square meters). In 2012, Dubai Mall was named “World’s Leading Shopping Destination” at the World Travel Awards.

Dubai is a city built on the ambitious and innovative architecture of the future. These 10 most beautiful buildings in Dubai are just a tiny sampling of the fantastic architecture that can be found in this vibrant city. Keep an eye on Good Reputation Real Estate for more similar posts about upcoming significant buildings in Dubai and the rest of the UAE.

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