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Real Estate in Dubai refers to the market for property development and investment in the emirate of Dubai, United Arab Emirates. Real estate is a significant contributor to Dubai's economy, accounting for a substantial portion of the city's GDP. [1] Dubai's real estate market has experienced growth and transformation, driven by the city's rapid ...
Sobha Realty is an international luxury developer. Established in 1976 as an interior decoration firm in Oman by P.N.C. Menon – an entrepreneur, the company has grown its presence with developments and investments in the UAE, Oman, Bahrain, Brunei and India.
Sobha Group LLC is a GCC based real estate developer headquartered in Dubai . The company was established in 1976 as an interior decoration firm in Oman by Mr P.N.C. Menon. [1] [2] [3] The company is functional in the UAE, Oman, Bahrain, and Brunei. Sobha Group LLC was the subject of a case study at Harvard Business School. [4]
List of communities in Dubai; List of development projects in Dubai; List of free-trade zones in Dubai; List of hospitals in Dubai; List of hotels in Dubai; List of Industrial areas in Dubai; List of parks in Dubai; List of shopping malls in Dubai; List of sports venues in Dubai; List of universities and colleges in Dubai
The emergence of Dubai's lively real estate market was briefly checked by the global financial crisis of 2007–8, when Dubai was bailed out by Abu Dhabi. [31] The recovery from the overheated market led to tighter regulation and oversight and a more realistic market for real estate throughout the UAE with many 'on hold' projects restarting.
The investigation was based on 2020 and 2022 data leaks, primarily from the Dubai Land Department and publicly owned utility companies. The EU Tax Observatory and Norway's Centre for Tax Research evaluated that in 2022, foreign ownership in Dubai's real estate market was worth approximately $160 billion.
Al Sufouh Tramway is a tramway being built in Al Sufouh, Dubai. It will run along Al Sufouh Road from Dubai Marina to the Burj Al Arab and the Mall of the Emirates. [23] 9 Dubai Frame: Complete: AED 160 Million: 150-metre-high, 93-metre-wide: Dubai Frame is a tourist attraction built near the Star Gate of Zabeel Park. [24] 10 Arabian Ranches ...
However, Dubai has more highrises than Abu Dhabi. As of 2023, Dubai has 28 completed and topped-out buildings that rise at least 300 metres (984 ft) in height, which is more than any other city in the world, [3] and 97 completed and topped-out the ten tallest completed building, Dubai has the tallest skyline in the Middle East and the world. [4]