Savills Research & Consultancy, Asia Pacific’s Post

🏙️ Short-Term Rentals in Dubai Surge in 2024! 📈 Dubai’s short-term rental market is booming as we move into 2024, driven by competitive rates and a wider variety of options for visitors. 🏡 Whether it's for business, leisure, or remote work, more people are choosing flexible, short-term stays in the UAE! 🌍 📊 Key Factors Behind the Demand: Digital nomads and remote workers from across Europe and Asia 🌐 are flocking to Dubai, taking advantage of short-term rentals in prime locations. Popular spots like Downtown Dubai, Business Bay, and Dubai Marina 🏙️ offer visitors a dynamic lifestyle, great amenities, and close proximity to business and leisure hubs. With competitive rates 💰, these rentals are providing an affordable yet luxurious option for travelers. Dubai continues to be a top choice for international visitors seeking both work and leisure. The rise of digital nomadism and increased tourism has fueled this sector, making it a key driver in the real estate market. 💡 Looking to invest in the growing short-term rental market? Now is the perfect time to explore opportunities in Dubai's prime locations! 🏢🏖️ #ShortTermRentals #DubaiRealEstate #DigitalNomads #Tourism #RentalMarket #Dubai2024 #BusinessBay #DowntownDubai #DubaiMarina #UAEProperty #RealEstateInvestment #LuxuryLiving #VisitDubai

An Elevated Lifestyle | Dubai Quality of Life Strategy 2033 Under the visionary guidance of H.H. Sheikh Mohammed, Dubai is embracing a transformative journey towards an unparalleled quality of life. This magnificent city is already leading in convenience, service and safety but for it's ambitious leaders that is not quite enough. Earnestly working towards being the no.1 city in the world H.H. Sheikh Mohammed is introducing the Dubai Quality of Life Strategy 2033. A beacon of innovation and progress it promised the world a city that's not just a place to live and work, but a vibrant tapestry of experiences cultivated for it's residents. Picture this: over 200 new parks blossoming across the city, inviting each individual to reconnect with nature amidst the urban hustle. Pedestrian-friendly spaces weaving seamlessly into the cityscape, encouraging leisurely strolls and a more active lifestyle that fosters community bonds. This is just the beginning. You will be diving into the crystal-clear waters of expanded night swimming beaches, and pedaling your way through exhilarating scenic cycling tracks that are to be multiplied by over 300%. And for the ladies, spaces are being cultivated that make room to embrace serenity with new women-only beaches, offering a sanctuary of relaxation and freedom. Take note, this agenda is not just about leisure; it's about sustainability and accessibility too. With eco-friendly initiatives at it's core, essential services will be conveniently located within a 20-minute radius. Dubai is striding towards a new global standard for modern urban living. Family-life and connection has been deeply considered and included with plethora of family-friendly spaces and parks, ensuring every moment spent together is filled with joy and wonder. You will need to leave room in your social calendars, for over 1000 annual events that are set to ignite the city with culture, entertainment, and celebration. So, whether you're a resident or a visitor, Dubai's new agenda is designed to be in benefit of all. Discover more about Dubai's future in urban living with Cielo Properties. For more information visit out website www.cielodxb.com #Dubai2024 #QualityOfLife #EcoFriendlyDubai #UrbanDevelopment #CityImprovements #FamilyFriendly #SustainableLiving #CommunityEngagement #DubaiEvents #FutureCity #CieloProperties #TransformingDubai

🌟 Dubai Welcomes 9.3 Million Visitors in H1 2024: A Testament to Resilience and Growth! 🌟 I’m thrilled to share that Dubai has achieved an extraordinary milestone, attracting 9.3 million visitors in the first half of 2024! 🎉 This impressive figure is a testament to our city’s enduring appeal and the strategic efforts driving its tourism and real estate sectors. So, what’s fueling this remarkable influx? World-Class Events and Festivals 🎉: Dubai continues to host iconic events, from the exhilarating Dubai Shopping Festival to groundbreaking exhibitions. These events not only draw international tourists but also showcase the city’s vibrant culture and innovative spirit. Strategic Investments in Infrastructure 🏗️: Ongoing enhancements to transport and hospitality infrastructure have significantly improved the visitor experience. The expansion of Dubai International Airport and the development of luxury resorts and entertainment hubs are key contributors. Global Appeal and Safety 🌍: Dubai’s reputation as a safe and luxurious destination, combined with its strategic positioning as a global travel hub, remains a major attraction. Our city’s commitment to safety and excellence ensures that visitors experience unparalleled quality. Innovative Digital and Smart Technologies 💡: Dubai’s adoption of cutting-edge technologies, such as smart city solutions and digital concierge services, has significantly enhanced the visitor experience. These innovations streamline travel, improve accessibility, and offer personalized services that cater to the needs of global travelers, making Dubai an even more attractive destination. Impact on the Real Estate Market  🏠: The surge in visitors is also creating ripples in the real estate market. Increased demand for short-term rentals and luxury accommodations is driving growth in both residential and commercial property sectors. Developers and investors are capitalizing on this trend, leading to a surge in new projects and enhancements to existing properties. As Dubai continues to grow as a global destination, it’s clear that our strategic investments and unparalleled hospitality are setting new benchmarks in tourism and real estate. #RealEstateInvestment #HighNetWorth #LuxuryRealEstate #GlobalInvestors #PropertyInvestment #InvestmentOpportunities #CommercialRealEstate #ResidentialProperties #WealthManagement #DubaiRealEstate #InvestmentPortfolio #PrivateEquity #RealEstateDevelopment #GlobalPropertyMarket #AssetManagement #InvestmentStrategy #PaymentPlans #DubaiProperty #FinancialInsights #RealEstateMarket #RealEstateTax #InvestmentInsights #DubaiVsUS #GlobalInvesting #RealEstateMarketComparison #InvestmentProtection #InvestorConfidence #EscrowAccounts #DubaiLife #GlobalCity #CulturalDiversity #CommunitySpirit #LuxuryLiving #ExploreDubai #SafetyFirst #CityLife #BusinessInDubai #Dubai #UAE #FutureOfCities #EconomicDevelopment #Innovation #Tourism #Travel #Economicgrowth

Good morning LinkedIn! These questions are becoming a daily feature on my page and I enjoy sharing them here for you all to see. Today’s question was: How can you ensure/achieve high occupancy? For context, Dubai’s best performing period is September - April (Dubai winter). The weather gets a lot more bearable allowing for tourism to spike and there are generally a lot more outdoor and indoor events that create global interest. Between May and August (Dubai summer) however, occupancy rates are difficult to keep at a high without massively decreasing your rates. The upside to this is, when the winter months come, you will make back lost revenue in the summer. Some of my clientele have made 25% - 30% of their annual projections in December alone, due to Christmas and New Year’s. To keep high occupancy in the summer, our team does a great job of this but they do the following: - Market your property in the right fashion on Airbnb and other platforms - Decreasing your rates to fit in line with the market - Aim to achieve monthly bookings rather than daily bookings by partnering with corporations that require employees to do overseas work in Dubai for a short-period. - Offering promotions to new and past guests. If you want to know more, feel free to drop me a message. #dubaiproperty #propertydubai #realestatedubai #dubairealestate #airbnbdubai #dubaiairbnb #shorttermrentals #dubaishorttermrental #shorttermrentaldubai

**Population Growth Forecast** Dubai's Plan estimates land and floorspace needs for the next 20 years, anticipating significant population growth. The residential population is expected to increase by nearly 75%, reaching 5.8 million. Resident and commuting workers are also projected to rise by 75% to 4.9 million, driven by growth in high-tech and knowledge-focused sectors, leading to increased land demand. Daily visitors are expected to grow by 53%, bolstered by Dubai's status as a global aviation and tourism hub, creating high demand for hospitality services. #DubaiGrowth 🌆 #PopulationBoom 🌍 #FuturePlanning 📈 #HighTechGrowth 💻 #TourismHub ✈️ #EconomicExpansion 🚀

🌟 Dubai, ranked among the top ten most affordable cities globally, offers an enticing opportunity for investors. According to a recent study by Rustic Pathways, Dubai ranks eighth among the ten most visited cities worldwide in terms of the cost of a night’s stay. With an average cost of $465 per person per night, Dubai surpasses major tourist hubs like Paris and New York, making it an attractive option for a short city break. While not the cheapest option, Dubai outshines other destinations in terms of affordability. The city’s average hotel cost of $340 per night for double occupancy is notable but offset by relatively affordable transportation, averaging just $13 per day. As living expenses soar in many countries, Dubai remains a compelling choice for those seeking a getaway without breaking the bank. Investing in Dubai’s real estate market presents an excellent opportunity for high liquidity units. Reach out to me to explore lucrative investment options tailored to your preferences and goals. Let’s capitalize on Dubai’s affordability and vibrant real estate market together! 💼🏙️ #RealEstateInvestment #DubaiOpportunity #AffordableLuxury

Those familiar with the term “executive nomad” might expect Dubai to top the Savills annual index of the best places to live for this emerging demographic – after all, expatriates account for 85% of the population. Perhaps more surprising is the city that came in second: Abu Dhabi. Find out why executive nomads are moving to Abu Dhabi via the link below.

Those familiar with the term “executive nomad” might expect Dubai to top the Savills annual index of the best places to live for this emerging demographic – after all, expatriates account for 85% of the population. Perhaps more surprising is the city that came in second: Abu Dhabi. Find out why executive nomads are moving to Abu Dhabi via the link below.

Dubai Quality of Life Strategy 2033 launched to enhance living experience for residents and visitors. • The Dubai Quality of Life Strategy 2033, launched under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, and Prime Minister of the UAE, Ruler of Dubai, and His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Executive Council, aims to enhance the overall living experience for both residents and visitors, cementing Dubai's position among the top global cities for living. • The strategy focuses on improving the quality of life for all residents by meeting their needs for a healthy and safe living environment, doubling green and recreational spaces, increasing public beaches, and providing sustainable and flexible transportation options that enhance people's mobility. • An integrated institutional structure, including a dedicated Quality of Life Office and teams across 19 governmental and private entities, ensures the achievement of the strategy's targets and turns it into a reality enjoyed by all. #Dubailifestyle #Wellness #HealthyDubai #UAE #InvestinDubai #Dubairealestate

As the sun-soaked beaches of the United Arab Emirates (UAE) beckon tourists year-round, there’s an underlying rhythm that shapes the economy: seasonality. Whether it’s the scorching summer months or the pleasant winter season, businesses in the UAE experience distinct fluctuations tied to the calendar. Let’s dive into how this ebb and flow affects the UAE’s economic landscape. The Dance of Seasons Peak vs. Off-Peak: The UAE witnesses two distinct seasons: the high-energy peak season and the quieter off-peak season. During the peak, tourists flock to iconic landmarks, luxury resorts, and shopping malls. But when the mercury soars, the off-peak season sets in, impacting various sectors. Tourism and Hospitality: The hospitality industry feels the heat—literally—during the summer months. High temperatures drive away tourists seeking cooler climes. However, innovative strategies can mitigate this impact. For instance, niche tourism (think adventure seekers, wellness enthusiasts, or culture aficionados) can thrive even when the sun blazes. Customized Offerings: Smart businesses tailor their offerings to match the season. Imagine a wellness retreat promoting indoor spa experiences during the scorching months or cultural tours that delve into history during the cooler season. Customization keeps the cash registers ringing. Infrastructure Resilience: The UAE invests in infrastructure that withstands extreme conditions. Air-conditioned walkways, shaded outdoor spaces, and climate-controlled attractions ensure that tourists remain comfortable despite the heat. Strategic Partnerships: Collaborating with destinations that have complementary seasonal patterns is a win-win. When Dubai sizzles, perhaps a nearby mountain retreat thrives. Strategic alliances help balance the scales. The Silver Lining: While off-seasons pose challenges, they also offer unique opportunities. Reduced crowds mean personalized experiences, better service, and cost-effective travel. Businesses can use this downtime for staff training, renovations, and strategic planning. So, as the UAE waltzes between seasons, let’s embrace the rhythm. By understanding the nuances of seasonality, businesses can pirouette gracefully, ensuring a resilient and thriving economy year-round. Remember, even when the sun sets on one season, it rises on another. Let’s keep the UAE’s economic dance vibrant and dynamic! What’s your take on seasonality? Share your thoughts below! 👇 #UAE #Economy #Seasonality #Business #Tourism