Ongoing geopolitical tensions in West Asia have slowed deal momentum in Dubai's luxury residential market, but Indian high-net-worth individuals (HNIs) are not exiting their marquee assets, with any 'discounted' resale deals attributed to investor liquidity stress rather than geopolitical flight.
The United Arab Emirates intercepted several Iranian missiles and drones, resulting in casualties and damage to infrastructure, including the Dubai airport and Burj Al Arab.
Dubai's core promise -- that it is an oasis untouched by regional storms -- has been tested in full public view. The coming months will show whether investors view the attacks as a short-lived disruption or a deeper signal of lasting risk, points out Asif Ullah Khan.
Properties located between Santa Cruz and Andheri in north west Mumbai are currently available at Rs 50,000 to Rs 100,000 per square feet, while in Dubai luxurious, fully furnished, properties are available at Rs 34,000 to Rs 60,000 per square feet of carpet area in the best locations.
It's the holiday season and stars make the most of it!
Middle East is undertaking some of the biggest planned cities in the world. While some of these developments are exotic, there are few that are setting example of how the future cities need to be.
Taj will manage the hotel for 10 years after its commissioning in 2009.\n
The sudden resignation and almost-immediate announcement of a successor came as a surprise to many.
