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A premium real estate development in Fujairah is offering UAE and GCC citizens the chance to buy villas in the emirate via an escrow account. Future Cities, in partnership with Emtelak Properties, has launched the Ocean Living project, a luxury villa development in Fujairah’s Al Aqah Beach area. This initiative allows Gulf families to acquire stunning villas spanning 425,000 sq ft, with breathtaking views of the Gulf of Oman.

Dubai real estate analysts have projected growth for the sector for the remainder of the year, driven by rising prices and sales volumes. Elite Merit Real Estate forecasts ongoing expansion in the UAE market due to strong demand, a surge in new developments, and advanced technologies. Their analysis suggests a positive outlook for Dubai’s real estate in the 2024-2025 business year, with anticipated strong sales, increasing property values, and rapid absorption of new inventory expected to continue the growth trend.

Dubai has introduced new healthcare regulations under Executive Council Resolution No. (49) of 2024. The new rules require healthcare facilities to be licensed for a renewable one-year period. Establishments and professionals violating guidelines may face closure or suspension.

On 9 September 2024, Prime Minister Narendra Modi held comprehensive discussions with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, focusing on strengthening the strategic partnership between India and the UAE.

Wealth managers and major stock market players in the Gulf are gearing up for significant volatility in stock and currency markets ahead of the following US election. They are developing strategies to maximise potential gains for their clients, particularly family offices, while mitigating substantial downside risks.