The Trump International Hotel and Tower has arrived in Dubai, with four-bedroom penthouses priced from AED 70 million. The project – located at the entrance to Downtown Dubai and along Sheikh Zayed Road – marks its official launch ahead of US President Donald Trump’s visit to the United Arab Emirates and Saudi Arabia in May.

The Trump Tower in Dubai follows the recent launch of a tower in Jeddah. It also represents the extension of the alliance between the Trump Organization and Dar Global, the luxury-focused developer. The two also have a golf-themed project underway in Oman.

“We are honored to partner with Dar Global again on this iconic development, bringing unparalleled quality and world-class services to Dubai’s luxury market,” said Eric Trump, Executive Vice President of the Trump Organization. “Dubai is a global destination that shares our vision of iconic development, and we are proud to expand the Trump brand in one of the world’s most dynamic cities.”

The land was purchased late last year, with Dar Global and a team from the Trump Organization working closely together to take care of every detail. The internationally renowned Japanese studio Nikken Sekkei will take care of the design.

“It will be an ambitious project,” said Ziad El Chaar, CEO of Dar Global. “It will also mark the first entry of super-luxury hotel brand Trump into the UAE, with the first 18 floors earmarked for the hotel.”

So, the hotel will occupy 18 of the 80 floors, two will be dedicated to an exclusive club reserved for members, with the Trump brand, and then there will be the residential floors. According to El Chaar, “Due to the three elements – hotel, club and residence – and the complexity of the project, it will take us about 4 years to build. And we have provided for an additional year as a safety margin.” With Jeddah and Dubai now confirmed, the focus shifts to another Trump Tower project in Riyadh. El Chaar did not provide specific details, but said: “There will be two Trump projects in Riyadh, one of which will be a golf community…”

This would mean a delivery scheduled for 2031.

According to conservative estimates, the total cost of developing the project is estimated at around one billion dollars. (The design of the Trump Tower in Jeddah is signed by Gensler Architects.)

For the Trump Organization, this launch also represents an opportunity to correct a piece of history: before the global financial crisis of 2008-09, there was in fact a plan to build a Trump Tower on the Palm Jumeirah.

Want to make even more profit from Dubai’s continued real estate boom? Take a look at the growing number of offers of ready-made or near-ready apartments for sale in some of Dubai’s trendiest residential areas.

And here’s another incentive: these apartments are offered fully furnished. The idea is that the builder or seller reduces the delivery time of the unit and the set-up time by the buyer. In fact, by buying a fully furnished apartment, the buyer can start renting it with immediate effect. (Or move for personal use, if that’s the purpose.)

Of course, these units ready or ready to be inhabited, with all the comforts, come with a high price tag, but at the moment, investors want to limit the time it takes to get a return on investment. “We have seen units that need to be delivered within 3 months be purchased – the advantage is that the buyer already has a tenant,” said a real estate agent. “The market is seeing a sharp increase in offers for apartments that are ready or about to be moved in, not only from property developers, but also from existing owners who want to monetize.”

The sources add that these buyers are looking for tenants for shorter stays, whether they are less than a year or at most one or two years. In some cases, future rent payments are the responsibility of the tenant’s employer.

• Firstly, the increased demand for Class A and super premium offices, some of which could be completed in the next 12 to 18 months.
• Two, for furnished homes in and near some of the newer and more luxurious office towers.

In essence, one set of demands lays the groundwork for another.

“In areas such as Downtown Dubai and Business Bay, high-quality furnished one-bedroom apartments can typically be rented for between 100,000 and 150,000 dirhams, while two-bedroom apartments can cost between 170,000 and 240,000 dirhams per year,” said Aakarshan Kahthuria, managing director of consultancy RiseUp.

“In these areas, the cost of rents is borne by expatriates, typically white-collar professionals, who consider immediate employment their first criterion and focus more on a trouble-free life.”

At Palm Jumeirah, furnished one-bedroom apartments can cost anywhere from 140,000 to 180,000 dirhams per year, while two-bedroom apartments cost from 250,000 to 320,000 dirhams, particularly “when paired with a super-premium address.”

Now, these kinds of numbers, and future returns, are just what investors want to subscribe to.

The ‘simple’ product is no longer sold

This explains the high number of branded service residency projects launched in Dubai, and also in Abu Dhabi, in the last two years. The current trend is that non-branded projects offer the possibility of furnishing the units as part of the purchase contract.

“Traditionally, off-plan properties dominated the market due to flexible payment plans and the potential for higher returns,” said Vasilii Fetisov, managing partner at Housebook Real Estate. “However, the demand for ready-to-use properties is increasing, prompting developers to react accordingly.”

This means that there are now offers with preferential payment plans and lower down payments even for units that are already ready or about to be ready. This, in itself, represented a turning point, allowing even individual property owners to adjust to the offers of real estate developers in the search for a new buyer.

Furnished apartments are particularly attractive for those who want to move in quickly or for investors who are aiming for immediate rental income,” Fetisov said. “This convenience often translates into a surcharge for these units.

For example, in areas such as Emaar Beachfront, property owners have observed resale premiums of up to 120% compared to the original purchase price 2-3 years ago. Similarly, properties in DIFC Living saw an increase of around 15% in resale value compared to the original price.

A new generation of property buyers in Dubai hopes to match those returns in due course. For now, they are looking for a home that is ready or soon to be ready, with furniture included.

New trends will help Dubai’s real estate market

A real estate market, especially one that has been growing for over 3 years, is always looking for new growth engines to maintain momentum. If there is enough accumulation of demand for ready-to-move homes, then it is just what the Dubai real estate market needs. Because new buyers can easily tap into new pockets of demand for rent, even in cases where they don’t intend to be end users.

Furnished Homes Award

Dubai’s real estate market is experiencing a “significant turn” towards furnished and ready-to-live apartments. In this context, these properties enjoy “significant premiums” deriving from their immediate usability. Dubai’s real estate developers, who never miss an opportunity, are supporting this trend with targeted offerings and flexible payment plans to meet demand.

UAE’s Golden Visa to Attract New Property Investors as Trump’s Tariffs Reshape Markets

In Dubai, stable real estate prices and more ready-made homes are fueling demand for Golden Visas, competition from other Gulf states is getting fierce, but the UAE’s Golden Visa investment program, linked to the real estate sector and worth 2 million dirhams (or more), is still the one to beat.

This is important because, after last week’s events, with Trump’s tariffs shaking and shaking markets, a new breed of global investors may be looking for a safe and stable market for their funds.

Any asset that offers the least volatility and a higher probability of withstanding market cycles is just what investors want. Especially after a week like last week. “Moreover, unlike in 2008, Dubai’s real estate market is not experiencing the most intense speculation – it is now serious buyers who are making serious investments,” said the chief executive of a major property development firm. “The Golden Visa real estate investment program is perfectly suited to the needs of new investors, and even many residents. That is why the UAE Golden Visa will remain the most coveted, regardless of the competition.

“Depending on the location and ownership, it is the best minimum investment a buyer can make, which is AED 2 million.”

Price consistency

The best part is that new investors are entering a market where real estate values have stabilized. The double-digit increases in out-of-plan property prices from the 2022-2024 period have no longer occurred. In fact, some areas have even experienced a slight drop in prices, making life easier for investors.

If it’s ready, buy

Industry sources say that new buyers would be the best push for ready-made homes in Dubai. More houses will be delivered soon, and in particular there will be a focus on those with a value of more than 2 million dirhams. This is because it is the requirement for obtaining the UAE’s Golden Visa, and with recent regulations allowing buyers to obtain ten-year residency without having to pay the minimum of 1 million dirhams for a 2 million dirham home purchase.

“Moreover, unlike in 2008, Dubai’s real estate market is not experiencing the most intense speculation – it is now serious buyers who are making serious investments,” said the chief executive of a major property development firm. “The Golden Visa real estate investment program is perfectly suited to the needs of new investors, and even many residents. That is why the UAE Golden Visa will remain the most coveted, regardless of the competition.

“Depending on the location and ownership, it is the best minimum investment a buyer can make, which is AED 2 million.”

Price consistency

The best part is that new investors are entering a market where real estate values have stabilized. The double-digit increases in out-of-plan property prices from the 2022-2024 period have no longer occurred. In fact, some areas have even experienced a slight drop in prices, making life easier for investors.

If it’s ready, buy

Industry sources say that new buyers would be the best push for ready-made homes in Dubai. More houses will be delivered soon, and in particular there will be a focus on those with a value of more than 2 million dirhams. This is because it is the requirement for obtaining the UAE’s Golden Visa, and with recent regulations allowing buyers to obtain ten-year residency without having to pay the minimum of 1 million dirhams for a 2 million dirham home purchase.

GCC Investment Programs and Visas

Some other Gulf Cooperation Council states are implementing their own versions of long-term residency programs, with Saudi Arabia making a determined commitment to opening up the residential real estate market to foreign investors. The minimum investment is 4 million riyadh.

“Over a 5-7 year time horizon, real estate prices in Riyadh and Jeddah are expected to double and overall Saudi real estate market volumes to grow 4-5 times,” said Vasily Fetisov, Managing Partner at consulting firm Housebook. “A key driver of this growth would be the increase in the share of foreign buyers, from a few percentage points today to at least 50% within that period.”

For now, the SAR 4 million threshold for obtaining a Golden Visa (ikama) remains high, even for many HNWIs, as Saudi Arabia is often seen as an element of a diversified global real estate portfolio, rather than a primary investment destination.

Increase property taxes

Other factors will play in favor of the GV programs of the Gulf countries. Some of the more established investment destinations in the West are raising – or plan to do so – property taxes. Spain, for example, has abandoned the Golden Visa program. And there is always the fear that some of these economies may impose a tax on the super-rich.

“In terms of the number of applications and visa processing, the UAE currently far outperforms other regions, not only because it offers a broader residency program, but because it has also become a highly sought-after destination to live and work,” Libbie said.

In many ways, the UAE’s Golden Visa program, backed by real estate, offers more miles to earn.

Other GCC markets are changing their Golden Visa offerings

Almost all Gulf Cooperation Council countries offer golden visa options or long-term residency programs. “Most have higher investment requirements and stricter eligibility criteria, making them less accessible and less attractive than the options currently offered by the UAE,” said Libbie Burtinshaw of Sovereign PPG.

“We are actively watching the other Gulf Cooperation Council countries adjust and improve their residency offer to be able to compete and attract foreign investment after the success of the UAE’s programs.”

More and more private developers are aiming to enter Saudi Arabia

In Saudi Arabia, projects are becoming increasingly ambitious, both government and private (such as the Trump Tower). And there are more and more developers who want to get into the industry.

“We are currently working with three Russian developers who are actively exploring the Saudi market for residential and commercial projects, including hotels and co-living concepts,” said Vasily Fetisov, Managing Partner of Housebook.

Two of these developers are already carrying out projects in the UAE and have experience in expanding into international markets, from legal frameworks and fund transfers to land acquisition and construction in Gulf Cooperation Council countries. The third developer operates in the CIS markets (Uzbekistan, Azerbaijan) and has a specific interest in entering the Saudi market.

➊ Rising rents

Between 2023 and 2024, apartment rents increased by 15.4%, reaching an average annual rent of $24,800. The largest increase of 18.5% was recorded for one-bedroom apartments.

➋ Demand growth

Nearly 3 million people, or 77% of Dubai’s population, prefer to rent real estate. The number of people living in the emirate is growing every year: from January to September 2024, it increased by 130,000.

➌ High yield on rents

Dubai’s average gross annual rental yield is 8%. Against:

New York – 5.3%

Moscow – 3.7%

London – 3.6%

➍ Stability

80% of tenants prefer long-term rentals (5-15 years). Payments are typically made in advance for the entire year, guaranteeing owners a significant sum.

➎ Return on investment

In Dubai, the average payback period for rental properties is 9 years. Against:

New York – 17 years old

London – 24 years old

Moscow – 27 years old

➏ Tax advantages

Rental income in Dubai is tax-free. In London, on the other hand, taxes can reach 45%.

➐ Stable currency

The United Arab Emirates (AED) dirham is pegged to the US dollar, offering income stability and protection from currency risks.

➊ Burj Azizi ➤ 725m

📍Sheikh Zayed Road

Once completed, this skyscraper will become the second tallest building in the world. The tower, designed by Azizi Developments, will include apartments and penthouses, a vertical shopping mall, the tallest hotel in Dubai and a restaurant.

Completion: 2028

Prices: On request

➋ Burj Binghatti Jacob & Co Residences ➤ 595m

📍Business Bay

112-story project by Binghatti Developers and Jacob & Co, a jewelry and wristwatch retailer. A crystal crown with spires, a symbol of both brands, will be installed on top of the building. The tower will offer 1-2 bedroom residences and penthouses.

Completion: Q2 2026

Prices: from $2,178,000

➌ Tiger Sky Tower ➤ 532m

📍Business Bay

This skyscraper will reach 122 floors. The Tiger Sky Tower will feature furnished 1-4 bedroom apartments and duplex penthouses. At 431 meters, the builder will place a swimming pool, with a restaurant and a rainforest located even higher. They will be the highest of their kind in the world.

Completion: Q2 2029

Pricing: from $680,000

➍ Six Senses Residences Dubai Marina ➤ 517m

📍Dubai Marina

The 122-storey tower is a joint project of the builder Select Group and the hotel brand Six Senses. 5,700 m² of wellness facilities, including a swimming pool on the 109th floor and a longevity center. Unit types: 2-4 bedroom apartments, penthouses, duplexes and triplexes.

Completion: Q3 2028

Prices: On request

➎ Franck Muller Aeternitas Tower ➤ 450m

📍Dubai Marina

The residential complex was designed in collaboration with the Swiss watch manufacturer Franck Muller. The 106-story skyscraper will become the world’s tallest branded residential clock tower. It will include 1-3 bedroom apartments, villas and penthouses.

Completion: Q2 2027

Prices: On request

Danube Properties is part of the Danube Group, which was founded in Deira in 1993.

➊ The history of the Danube Group began with a small construction shop started by Rizwan Sajan. He moved to the UAE from India in the early 1990s with dreams of building a business empire.

➋ The dream has turned into Danube Group, over 3,500 employees, subsidiaries in 9 countries and an annual turnover of $544 million.

➌ The company operates in different sectors: from real estate and hotel development to the production of building and sanitary materials.

➍ Danube Properties has launched 32 projects, 16 of which have already been completed. His projects are among the top 5 in Dubai by volume and monthly sales value.

➎ The main advantage of the builder is the cost-effectiveness of fully furnished properties. For example, prices for Sportz by Danube studios start at $161,000. This is possible thanks to its own design team and in-house production of furniture and furnishing elements.

➏ Danube Properties offers residences with a wide range of amenities. For example, the 101-story complex, Bayz 101, has swimming pools on balconies and over 40 amenities.

➐ The company selects promising locations with high investment potential, such as Dubai Maritime City, JVC, and JVT. At Dubai Sports City, the guaranteed ROI is 6% for 3 years.

➑ The builder offers attractive payment options. Most of its projects have post-delivery payment plans that allow buyers to pay 1% monthly.

➒ The company has earned a reputation as a reliable manufacturer thanks to its on-time delivery. For example, Pearlz was completed 6 months ahead of schedule.

➓ Over the years, Danube Properties has received over 50 awards, including the recognition for quality of management and Dubai’s highest commercial award, the MRM Business Award.

To activate water and electricity in Dubai, you need to contact DEWA.

DEWA (Dubai Electricity and Water Authority) is a state-owned company that exclusively provides utility services in Dubai, serving over 1 million consumers.

DEWA is one of the most efficient suppliers in the world. The company has broken 2 Guinness World Records, uses alternative energy sources and artificial intelligence.

DEWA SERVICES

▫️ Activation (Moving-in)
▫️ Deactivation (Moving-out)
▫️ Transfer of services (Moving-to)
▫️ Invoicing, etc.

HOW TO ACTIVATE DEWA SERVICES

Provide the following documents:

✓ Tenant – Copy of valid lease agreement (Ejari)
✓ Owner – Title Deed
✓ Copy of landlord and tenant passport or copy of Emirates ID card
✓ Activation application

You can use the DEWA app, the website or visit one of the Customer Happiness Centres.

SIMPLIFIED MOVING-IN PROCESS

Simplified procedure for activating services.

➊ Register with Ejari and your personal DEWA account will be created automatically
➋ Receive an email and SMS from DEWA
➌ Pay the security deposit
➍ Services will be activated within 15 hours after payment

HOW TO DEWA OR TRANSFER DEWA SERVICES

✓ Settle any outstanding bills or DEWA will debit them from your deposit, if the amount is less than the deposit
✓ Send a request via your DEWA account or to the Customer Happiness Centre

For deactivation (Moving-out):

✓ Pay expenses
✓ Enter the date of your move and your preferred method for refunding your security deposit

For the relocation (Moving):

✓ Provide the number of the property you are moving from and the date of the move
✓ Enter the number of the property you are moving into

The required documents are the same as those required for DEWA account activation.

1. Market fluctuations and price volatility

• The city has a strong economic base, with continued demand for both residential and commercial properties, due to population growth and the steady flow of expats, professionals, and tourists. In addition, Dubai has become a highly diversified global investment destination, with an ever-evolving infrastructure and attractions. In times of volatility, Dubai has shown that it can adapt and recover quickly, supported by favorable government policies.

2. Geopolitical risks and regional instability

• Dubai is known for its political stability, which sets it apart from other cities in the region. The UAE government is committed to maintaining a safe and stable environment for investors. In addition, Dubai has greatly diversified its economy, reducing dependence on oil and promoting sectors such as technology, tourism, finance, and trade. The city has shown resilience even in times of global crisis and will continue to be an attractive destination for international investors due to its strategic location and excellent infrastructure.

3. Government policies and regulatory changes

• The Dubai government has demonstrated a great ability to adapt to the needs of the market and implement investor-friendly policies. Changes to laws are usually announced well in advance, allowing investors to adapt. In addition, Dubai has taken steps to improve market transparency and protect investors, including stricter property registration systems and tax policies that favor the entry of foreign capital. Recent reforms, such as allowing foreigners to own property in multiple areas of the city, have further strengthened Dubai’s position as a global hub for investment.

4. Return on Investment (ROI)

• Dubai continues to offer relatively high returns compared to other global cities. Demand for residential and commercial real estate is fueled by economic expansion, tourism, and population growth. In addition, favorable tax policies and the relative absence of taxes on rental income and capital gains make Dubai an attractive option for long-term investors. The city has also seen a continuous improvement in the quality of construction, with high-end projects attracting a premium clientele.

5. Long-term supply and demand

• Dubai is an ever-expanding city, and the government has planned for long-term development through infrastructure, global events such as Expo 2020 (now Expo City Dubai), and attractiveness to international professionals and entrepreneurs. Population growth, fueled by the increase in expatriates and the continuous expansion of job opportunities, ensures a stable demand for real estate. In addition, the city’s focus on sectors such as technology, tourism and finance ensures that there is constant demand in both residential and commercial.

6. Risk of default or economic hardship by developers

• Dubai has implemented strict regulations to ensure transparency and accountability in the real estate industry, while minimizing the risks of non-compliance by developers. Investors can count on property rights protection laws and constant supervision by local authorities. Additionally, the core developers in Dubai are generally well-capitalized and have a strong reputation, which further reduces the risk of project failures or delays.

7. Changes in interest rates and access to credit

• Dubai still offers a range of financing options for investors, with interest rates remaining relatively competitive compared to other global destinations. In addition, local banks are generally very supportive of granting loans to foreigners, which facilitates access to credit. In the event of a rise in interest rates, it is important to remember that the Dubai real estate market has a high demand for rentals, which could continue to ensure good profitability even in high rate scenarios.

8. Property Restrictions for Foreigners

• Dubai has considerably expanded the possibilities for foreign investors, allowing direct ownership of properties in numerous areas designated as “freeholds”, where foreigners can purchase properties without restrictions. Recent changes to the law that favor foreign investment, including long-term visas for investors and professionals, continue to strengthen the city’s position as one of the most attractive destinations for global real estate investment.

9. Risk related to portfolio diversification

• Dubai is one of the most diverse global cities in terms of real estate opportunities, with a wide range of options ranging from luxury residential apartments to commercial properties, from tourism projects to business infrastructure. In addition, while the real estate market can be cyclical, investors with well-diversified portfolios across different property types (residential, commercial, tourism, etc.) can balance risks and benefit from different sources of income.

10. Dubai’s attractiveness as a long-term investment destination

• Dubai is one of the most dynamic cities in the world and has a long-term growth plan that makes it increasingly attractive to investors. Its strategic position between East and West, the continuous evolution of the infrastructure sector, legal certainty and the favor of tax policies place it among the safest destinations for investment. Despite competition from other cities, Dubai has been able to solidify its reputation as a hub of business and innovation, making it a must-visit destination for global real estate investors.

AL MARJAN ISLAND – INVESTOR’S GUIDEThe artificial archipelago of Ras Al Khaimah (RAK) is one of the most promising areas for investment in the UAE real estate market in 2023-2024.

7 FACTS ABOUT AL MARJAN ISLAND

➊ Located in the south of the emirate, near the border with um Al Quwain, an hour’s drive from DXB airport.

➋ Composed of 4 islets arranged in the shape of coral. Total area – 2.7 km².

➌ The islets are called: Breeze Island, Dream Island, Treasure Island and View Island.

➍ It represents 45% of the total 5-star rooms in the emirate, concentrated in hotels of international brands: Rixos, DoubleTree and Hampton by Hilton, Movenpick, Radisson.

➎ By 2027, the first casino in the United Arab Emirates will open in this area, with a 1,500-room hotel and a theater. This is the largest foreign direct investment of its kind in Ras Al Khaimah and the first project of global operator Wynn Resorts in the MENA region. The cost of the project is $3.9 billion.

➏ Foreign investors can obtain full real estate ownership (freehold). The properties are mainly residential and hotel apartments.

➐ Currently, prices for ready-made properties near the sea are significantly lower than in Dubai. However, with increased demand, prices are already rising (+10% in the first half of 2024).

2024 can be called the year of Ras Al Khaimah (RAK). Since the announcement of the first UAE casino in the emirate, leading developers have shown unprecedented interest.

GENERAL INFORMATION

Ras Al Khaimah (from the Arabic term “top of the tent”) is the northernmost emirate of the 7 that make up the United Arab Emirates, with the capital of the same name. Area – 2,478 km².

It is known for its scenic diversity, ranging from 64 km of pristine beaches to deserts and mountains, as well as a rich history of 7,000 years.

POPULATION

400,000 people in 2021, compared to 345,000 in 2015. 37% of the population is made up of Emirati citizens, which is higher than in Dubai.

ECONOMY

The emphasis is on non-oil revenues. The economy is based on various sectors: tourism, business, manufacturing, shipping, and transportation, each with a share of GDP that does not exceed 26%, thus increasing flexibility.

BUSINESS

An important element of the entrepreneurial ecosystem are the Free Zones that attract foreign investment. The RAKEZ zone welcomed more than 1,500 new companies in the second quarter of 2023 (+132%). In 2023, the world’s first Free Zone for digital and virtual asset companies was launched.

TOURISM

The Gulf Cooperation Council chose RAK as the region’s tourist capital in 2020 and 2021. In addition to the sea and 5-star resorts, tourists are attracted by the archaeological sites and the highest mountain in the UAE, Jebel Jais.

SAFETY

RAK is the first in the world to receive the “safe” certification from Bureau Veritas and the first in the UAE to receive the “safe” seal from the World Travel and Tourism Council (WTTC).

MESS

📍 Marjan Island

The casino will be part of the Wynn Marjan resort, operated by Wynn Resorts, known for its casino hotels in Macau, Boston and Las Vegas. The casino in RAK will be twice the size of the one in Las Vegas. Surface area – 18,500 m², opening – 2027.

REAL ESTATE

RAK offers foreign investors the possibility of owning 100% real estate and the absence of income taxes. The main developer is the state-owned company RAK Properties. However, in 2024, beachfront projects were launched in the emirate by Emaar, Ellington, Aldar Properties, and many others.

➊ Rising rents

Between 2023 and 2024, apartment rents increased by 15.4%, reaching an average annual rent of $24,800. The largest increase of 18.5% was recorded for one-bedroom apartments.

➋ Demand growth

Nearly 3 million people, or 77% of Dubai’s population, prefer to rent real estate. The number of people living in the emirate is growing every year: from January to September 2024, it increased by 130,000.

➌ High yield on rents

Dubai’s average gross annual rental yield is 8%. Against:

New York – 5.3%

Moscow – 3.7%

London – 3.6%

➍ Stability

80% of tenants prefer long-term rentals (5-15 years). Payments are typically made in advance for the entire year, guaranteeing owners a significant sum.

➎ Return on investment

In Dubai, the average payback period for rental properties is 9 years. Against:

New York – 17 years old

London – 24 years old

Moscow – 27 years old

➏ Tax advantages

Rental income in Dubai is tax-free. In London, on the other hand, taxes can reach 45%.

➐ Stable currency

The United Arab Emirates (AED) dirham is pegged to the US dollar, offering income stability and protection from currency risks.

The Dubai Land Department (DLD), founded on January 23, 1960, has set the rules for Dubai’s booming real estate market for the past 64 years.

The DLD is the government body responsible for organizing and promoting real estate investment in Dubai, providing more than 160 services.

❗️On average, it records about 500 real estate sales transactions per day, not counting mortgages and donations.

THE LEGISLATIVE BASIS

Law No. (7) 2013 relating to the Department of Land Territory, approved by His Highness Sheikh Mohammed Bin Rashid Al Maktoum.

DLD DIVISIONS AND THEIR FUNCTIONS

➊ Real Estate Development Sector

✓ Proposal for legislative reform

✓ Real estate innovation system management

✓ Big data collection, storage and analysis, report publishing, etc.

➋ Real Estate Registration Industry

✓ Ensures that all transactions are documented

✓ Transaction verification and property valuation system management

✓ Record rental transactions (Ejari system), etc.

➌ Real Estate Regulatory Agency (RERA)

✓ Real estate licensing system management, including agencies

✓ Real estate training system

✓ Escrow control and other control systems

➍ Dubai Tenancy Dispute Centre (DRC)

A court system specialising in the resolution of tenancy disputes and conciliation procedures.

DUBAI REST

An application to access DLD services, where users can:

• Obtain a title deed or replace a lost one

• Download the Ejari certificate for long-term leases

• Find out the construction status of the property and the project

• Calculate rent increases and average market rent (Rental Index)

• Find out the service charges in the selected location

• Discover transaction statistics for a specific date and much more.

DLD is committed to making Dubai the world’s best marketplace for innovation, trust and investor experience, and it is succeeding.

➊ Burj Azizi ➤ 725m

📍Sheikh Zayed Road

Once completed, this skyscraper will become the second tallest building in the world. The tower, designed by Azizi Developments, will include apartments and penthouses, a vertical shopping mall, the tallest hotel in Dubai and a restaurant.

Completion: 2028

Prices: On request

➋ Burj Binghatti Jacob & Co Residences ➤ 595m

📍Business Bay

112-story project by Binghatti Developers and Jacob & Co, a jewelry and wristwatch retailer. A crystal crown with spires, a symbol of both brands, will be installed on top of the building. The tower will offer 1-2 bedroom residences and penthouses.

Completion: Q2 2026

Prices: from $2,178,000

➌ Tiger Sky Tower ➤ 532m

📍Business Bay

This skyscraper will reach 122 floors. The Tiger Sky Tower will feature furnished 1-4 bedroom apartments and duplex penthouses. At 431 meters, the builder will place a swimming pool, with a restaurant and a rainforest located even higher. They will be the highest of their kind in the world.

Completion: Q2 2029

Pricing: from $680,000

➍ Six Senses Residences Dubai Marina ➤ 517m

📍Dubai Marina

The 122-storey tower is a joint project of the builder Select Group and the hotel brand Six Senses. 5,700 m² of wellness facilities, including a swimming pool on the 109th floor and a longevity center. Unit types: 2-4 bedroom apartments, penthouses, duplexes and triplexes.

Completion: Q3 2028

Prices: On request

➎ Franck Muller Aeternitas Tower ➤ 450m

📍Dubai Marina

The residential complex was designed in collaboration with the Swiss watch manufacturer Franck Muller. The 106-story skyscraper will become the world’s tallest branded residential clock tower. It will include 1-3 bedroom apartments, villas and penthouses.

Completion: Q2 2027

Prices: On request

Danube Properties is part of the Danube Group, which was founded in Deira in 1993.

➊ The history of the Danube Group began with a small construction shop started by Rizwan Sajan. He moved to the UAE from India in the early 1990s with dreams of building a business empire.

➋ The dream has turned into Danube Group, over 3,500 employees, subsidiaries in 9 countries and an annual turnover of $544 million.

➌ The company operates in different sectors: from real estate and hotel development to the production of building and sanitary materials.

➍ Danube Properties has launched 32 projects, 16 of which have already been completed. His projects are among the top 5 in Dubai by volume and monthly sales value.

➎ The main advantage of the builder is the cost-effectiveness of fully furnished properties. For example, prices for Sportz by Danube studios start at $161,000. This is possible thanks to its own design team and in-house production of furniture and furnishing elements.

➏ Danube Properties offers residences with a wide range of amenities. For example, the 101-story complex, Bayz 101, has swimming pools on balconies and over 40 amenities.

➐ The company selects promising locations with high investment potential, such as Dubai Maritime City, JVC, and JVT. At Dubai Sports City, the guaranteed ROI is 6% for 3 years.

➑ The builder offers attractive payment options. Most of its projects have post-delivery payment plans that allow buyers to pay 1% monthly.

➒ The company has earned a reputation as a reliable manufacturer thanks to its on-time delivery. For example, Pearlz was completed 6 months ahead of schedule.

➓ Over the years, Danube Properties has received over 50 awards, including the recognition for quality of management and Dubai’s highest commercial award, the MRM Business Award.

The Dubai Land Department (DLD), founded on January 23, 1960, has set the rules for Dubai’s booming real estate market for the past 64 years.

The DLD is the government body responsible for organizing and promoting real estate investment in Dubai, providing more than 160 services.

On average, it records about 500 real estate sales transactions per day, not counting mortgages and donations.

THE LEGISLATIVE BASIS

Law No. (7) 2013 relating to the Department of Land Territory, approved by His Highness Sheikh Mohammed Bin Rashid Al Maktoum.

DLD DIVISIONS AND THEIR FUNCTIONS

➊ Real Estate Development Sector

✓ Proposal for legislative reform

✓ Real estate innovation system management

✓ Big data collection, storage and analysis, report publishing, etc.

➋ Real Estate Registration Industry

✓ Ensures that all transactions are documented

✓ Transaction verification and property valuation system management

✓ Record rental transactions (Ejari system), etc.

➌ Real Estate Regulatory Agency (RERA)

✓ Real estate licensing system management, including agencies

✓ Real estate training system

✓ Escrow control and other control systems

➍ Dubai Tenancy Dispute Centre (DRC)

A court system specialising in the resolution of tenancy disputes and conciliation procedures.

DUBAI REST

An application to access DLD services, where users can:

• Obtain a title deed or replace a lost one

• Download the Ejari certificate for long-term leases

• Find out the construction status of the property and the project

• Calculate rent increases and average market rent (Rental Index)

• Find out the service charges in the selected location

• Discover transaction statistics for a specific date and much more.

DLD is committed to making Dubai the world’s best marketplace for innovation, trust and investor experience, and it is succeeding.

➊ Burj Al Arab means “Arab Tower”. The iconic 5-star hotel was built in the shape of the sail of an Arabian dhow.

➋ Construction began in 1994 and was opened to visitors on December 1, 1999. About 2,000 people participated in the construction.

➌ It took 3 years to build an artificial island 280 meters from the coast and another 2.5 years to build the building itself.

➍ The hotel reaches 321 meters in height, surpassing the Eiffel Tower by 14 meters. It boasts the highest atrium in the world, reaching 180 meters.

➎ The project was developed by the consulting firm Atkins, led by architect Tom Wright.

➏ Around 8,000 m² of 24-carat gold leaf adorns the interior. The exact cost of the construction was not disclosed.

➐ At an altitude of 210 m there is a helipad, while on the opposite side is the starred restaurant Al Muntaha (in Arabic “The highest”).

➑ The restaurant on the ground floor, L’Olivo at Al Mahara (Arabic for “Oyster”), has a huge saltwater aquarium with a capacity of over 1 million liters and 18 cm thick plexiglass walls.

➒ Managed by the Jumeirah Group, the hotel offers 202 luxurious rooms on 1.2 floors. The smallest room occupies 169 m² and the largest 780 m². Prices start at $1,024 per night, while the Royal Suite can cost around $24k

➓ The Burj Al Arab is often considered “the only 7-star hotel in the world”. However, the management never officially defined it that way. The term originates

I am here today with a heart full of gratitude and immense joy in my heart. I wanted to dedicate this space to you, who have been fundamental in carrying out our mission and in making GREENINVEST known to the world.

Recently, I had the incredible opportunity to see our work and our company, GREENINVEST, presented in one of the most prestigious and influential magazines in the business world: Forbes Italia.

The article not only highlighted our commitment, but also shared our vision and successes with an even wider audience.

And behind that success is your support, your constant support and your trust in what we do. Without you, this goal would not have been possible. Every like, comment, share and support you have shown towards GREENINVEST has contributed to building this incredible opportunity.

Once again, thank you very much to each of you for being part of this incredible adventure with GREENINVEST.

With infinite gratitude,

Davide Pironti

The Dubai Land Department (DLD), founded on January 23, 1960, has set the rules for Dubai’s booming real estate market for the past 64 years.

The DLD is the government body responsible for organizing and promoting real estate investment in Dubai, providing more than 160 services.

On average, it records about 500 real estate sales transactions per day, not counting mortgages and donations.

THE LEGISLATIVE BASIS

Law No. (7) 2013 relating to the Department of Land Territory, approved by His Highness Sheikh Mohammed Bin Rashid Al Maktoum.

DLD DIVISIONS AND THEIR FUNCTIONS

1 – Real Estate Development Sector

Proposal for legislative reform

Real estate innovation system management

Big data collection, storage and analysis, report publishing, etc.

2 – Real Estate Registration Sector

Ensures that all transactions are documented

Transaction verification and property valuation system management

Record rental transactions (Ejari system), etc.

3 – Real Estate Regulatory Agency (RERA)

Real estate licensing system management, including agencies

Real estate training system

Escrow and other control systems

4 – Dubai Tenancy Dispute Centre (DRC)

A court system specialising in the resolution of tenancy disputes and conciliation procedures.

DUBAI REST

An application to access DLD services, where users can:

• Obtain a title deed or replace a lost one

• Download the Ejari certificate for long-term leases

• Find out the construction status of the property and the project

• Calculate rent increases and average market rent (Rental Index)

• Find out the service charges in the selected location

• Discover transaction statistics for a specific date and much more.

DLD is committed to making Dubai the world’s best marketplace for innovation, trust and investor experience, and it is succeeding.

Long-term leases in Dubai automatically renew for one year under the same conditions if neither party raises any objections.

To evict a tenant, the landlord needs compelling reasons. These grounds are listed in Article 25 of Law No. 33 of 2008 and are divided into two categories:

BEFORE THE CONTRACT EXPIRES

1 – Non-payment of rent or failure to comply with contractual terms or legal obligations (within 30 days of written notification).

2 – Subletting of the property without the written consent of the landlord.

3 – Use of the property for immoral or illegal activities.

4 – Be a threat to the security of the property, damaging it intentionally or negligently.

5 – Use of the property for purposes that do not correspond to the objectives of the contract or that violate the rules of construction and land use.

6 – Risk of collapse of the property, with the presentation of a report certified by the Municipality of Dubai.

The owner must send a written communication through a notary or registered mail.

AT THE END OF THE CONTRACT

7 – The owner intends to put the property up for sale.

8 – The owner or his immediate family members wish to reside in the property himself.

The owner will not be able to rent the property for 2 years.

9 – The property needs restoration or maintenance work that does not allow the tenant to live there.

After repairs, the tenant must be offered to rent the property again. If the owner refuses, he can rent the property again.

10 – Demolition and reconstruction of the building with the approval of the Municipality of Dubai.

The landlord must provide 12 months’ written notice through a notary public or by registered mail. Email or messaging notifications are not valid.

Since 2020, the popularity of cycling in Dubai has increased significantly. Velodromes and bike parks have been built, as well as cycle paths and long routes of varying difficulty. Last year, 35,000 people took part in the Dubai Ride, a large-scale bike race.

INFRASTRUCTURE

By the end of 2026, the total length of cycle paths will reach 819 km, including The Loop, a 93 km climate-controlled indoor cycle route.

Throughout the city, there are hundreds of parking lots where you can rent a bike for $5.5 (20 AED) per day. Soon there will be 350.

TOP 5 COMMUNITIES FOR BIKE LOVERS

1-District One

This central area of Dubai includes villas and apartments, as well as a 7 km long lagoon. The community is surrounded by an 8.4 km bike path overlooking the Burj Khalifa.

2-Dubai Hills Estate

It is a family community developed by Emaar, covering an area of 11 km² with apartments and private houses, a large park and a golf course. 54 km of cycle paths will be built throughout the area.

3-Dubai Marina

Cycle paths extend throughout the marina, including a 16km route along the Arabian Gulf and the Jumeirah Beach coastline that starts here.

4-Jumeirah Islands

The picturesque community that includes 46 artificial islands adorned with villas and luxury palaces. A network of bike paths covers most of the area, providing an ideal setting for leisurely bike rides along the lakes.

5-Town Square Dubai

A new affordable area for families, with low and medium buildings. It is located at the entrance to Dubai’s longest cycling route, Al Qudra, which stretches for 86 km through the desert, where you can observe Arabian oryx.