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Dubai property market is underestimated, says emirate’s travel industry chief

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The ‘liveability’ of Dubai is a gigantic selling guide that requirements toward be utilized to support the recuperation of the property area, as indicated by Issam Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing (DTCM)

“The deals of properties in Dubai has soar… a UBS study showed that one of the most underestimated markets on the planet right now for property is Dubai,” said Issam Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing (DTCM).

Talking at the twentieth version of the Cityscape Global culmination, Kazim added: “There is economical development and a ton of these experts position Dubai as where they can really see development for individuals and organizations also.”

In September, Dubai’s housing market enrolled the most noteworthy worth of deals for almost eight years, as per figures arranged by Mo’asher, the emirate’s true deals value record.

“This has been a record year for the quantity of property exchanges… .I suspect as much far 2021 has in addition to the fact that overtaking been 2020, which isn’t is actually to be expected, yet additionally 2019 and 2018 also,” he added.

The emirate recorded around 5,762 property deals exchanges worth over AED16.2 billion in September, the most since December 2013, as indicated by Mo’asher.

On the variables that are drawing in unfamiliar land ventures, Kazim said: “The liveability part of Dubai is turning into a lot more grounded… this is an enormous selling point and we’re utilizing it significantly more.”

“I figure post-pandemic, a many individuals will pick one objective to remain in for a more extended timeframe too,” he added.

As far as the travel industry and cordiality recuperation, Kazim shared: “Dubai has bounced back more grounded than previously… .we generally need to be superior to where we left things off from the prior year.”

Dubai’s friendliness area – like those all throughout the planet – was hit hard by Covid-19, yet the area is on the road to success to recuperation, with lodgings hitting 62% inhabitance in the principal half of 2021.

The UAE generally speaking outflanked other worldwide the travel industry objections in the principal half, including China (where lodgings arrived at 54% inhabitance), US (45%), Mexico (38%), the United Kingdom (37%), and Turkey (36%).

Supporting the travel industry area’s hearty recuperation, Kazim said: “individuals’ craving and the yearning to get back on a plane and go to another objective is obvious substantially more than ever…people understand that it’s one part of life that they may have underestimated.”

He likewise alluded to the crucial pretended by the private and public areas and the worth of their solid cooperation in speeding up the area’s recuperation.

Following a severe cross country lockdown last year, the DTCM CEO accepts that Dubai had “a first mover advantage” by being one of the principal objections to securely return, in which he said: “This was again setting our situation as the number four globally visited city on the planet, as we draw nearer to being in the best three.”

“25% of our guests that come to Dubai are rehash guests, so they’re in Dubai more than once inside a year time span… this shows that we have all that sightseers need,” he added.

With that, Kazim referred to the viability of a few UAE drives, for example, the Retirement Visa and the Golden Visa in drawing in outsiders, close by the movement of worldwide brands in attracting organizations and new companies.

“Migrating worldwide HQs, local HQs, and family workplaces to Dubai became one of the key things that we pushed for,” he said.

Locale 2020, Expo 2020 Dubai’s heritage project, has been assuming a critical part in understanding this responsibility, becoming home to the world’s driving modern, tech and coordinations goliaths, including Siemens, Terminus and DP World.

“At the point when you have huge players like that settling on determined choices to move, that communicates something specific out worldwide that Dubai is the perfect spot for them,” he added.

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How to pay UAE immigration fines and visa fees in easy instalments

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Paying for UAE visa, residency and identity services has become more flexible, with the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) introducing a new instalment payment option through Tabby.

The new feature allows customers to split the cost of eligible ICP services into monthly instalments, making it easier to manage payments for applications such as visas, Emirates ID and other government services.

What’s new?

Alongside its existing Easy Payment service, which is offered in partnership with 10 national banks, ICP has added Tabby as a payment option on its electronic payment platform.

Eligible customers can pay service fees in instalments over three, six or 12 months for transactions worth up to Dh20,000, subject to Tabby’s credit assessment.

How it works

When completing an application through ICP’s digital platform, customers simply need to:

  • Proceed to the payment page.
  • Select their preferred payment option, Tabby or Easy Payment.
  • Complete the payment process based on the available instalment plan.

Approval for instalment payments depends on the customer’s credit eligibility.

Improving customer experience

ICP said the initiative is part of its ongoing efforts to improve customer experience by offering more convenient and flexible financial solutions.

By expanding payment options, the authority aims to make government services more accessible while giving citizens and residents greater flexibility in managing service-related expenses.

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Announcements

Dubai Chambers launches one-stop digital platform to help businesses start, grow and expand

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Starting and growing a business in Dubai is set to become easier with the launch of Business in Dubai, a new digital platform by Dubai Chambers that brings together essential corporate services in one place.

Designed as a single gateway for companies, the platform connects businesses with trusted service providers, helping them access everything from financial solutions to technology, marketing and certification services without having to navigate multiple channels.

The initiative aims to simplify business operations while strengthening Dubai’s position as one of the world’s most competitive destinations for investment and entrepreneurship.

What does the platform offer?

The Business in Dubai platform currently provides 65 corporate services through seven accredited partners, offering companies a wide range of support as they establish or expand their operations in the emirate.

The services are grouped into four key categories:

  • Financial services
  • Marketing and business growth services
  • Technology services
  • Testing, inspection and certification services

The current network of partners includes ZENDATA Cybersecurity, FAST Ventures, Mamo, OCTA, SGS Gulf Limited, Vault, and Pemo.

Helping businesses grow

Dubai Chambers said the platform has been designed to save companies time and resources by bringing multiple business services under one digital roof.

Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, said the initiative reflects the organisation’s commitment to creating an environment that supports business growth both locally and internationally.

He said the platform will strengthen Dubai’s investment ecosystem by making it easier for companies to access the services they need to scale their operations and contribute to the emirate’s long-term economic development.

Boost for the digital economy

Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, said the platform will particularly benefit businesses operating in the digital economy by simplifying access to trusted service providers.

He added that the initiative creates a more flexible and efficient business environment, enabling entrepreneurs and companies across different sectors to focus on growth rather than administrative processes.

A single digital gateway

By consolidating key business services onto one platform, Dubai Chambers aims to reduce the time and effort companies spend searching for service providers, allowing them to concentrate on innovation, expansion and day-to-day operations.

The launch forms part of Dubai’s wider efforts to strengthen its business ecosystem and reinforce its position as a leading global hub for trade, investment and entrepreneurship.

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Crime

Dubai Police warns of fake consumer protection websites: How the scam works and how to stay safe

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Dubai Police has issued a fresh warning about online scams involving fake Consumer Protection websites designed to steal personal and banking information from unsuspecting victims.

According to the force’s Anti-Fraud Centre, scammers are creating websites that closely resemble official consumer protection platforms before tricking users into sharing sensitive information.

Here’s how the scam works and how you can protect yourself.

How does the scam work?

The fraud typically follows these steps:

Step 1: Victims visit a fake website

People searching online for Consumer Protection services may accidentally land on a fraudulent website that looks genuine.

The fake site asks users to enter:

  • Name
  • Email address
  • Phone number
  • Complaint details

Step 2: Scammers call pretending to help

Soon after submitting the information, victims receive a phone call from someone claiming to represent Consumer Protection.

Because the fraudsters already know the complaint details, the call appears convincing and trustworthy.

Step 3: Victims are asked to install remote access software

The caller then instructs the victim to download remote access software onto their phone or computer.

This software allows scammers to remotely view and control the victim’s device.

Step 4: Banking information is stolen

Victims are asked to log into their online banking account while the remote access software is active.

Fraudsters can then:

  • View banking credentials.
  • Capture passwords and security codes.
  • Transfer money.
  • Make unauthorised purchases.
  • Access other personal information stored on the device.

How can you protect yourself?

Dubai Police advises residents to:

  • Use only official Consumer Protection websites and government channels.
  • Never click on suspicious links.
  • Avoid downloading software requested by unknown callers.
  • Never share online banking credentials with anyone.
  • Verify the authenticity of websites before entering personal information.

What should you do if you receive a suspicious call?

If someone claiming to represent Consumer Protection asks you to:

  • Download an app.
  • Install remote access software.
  • Log into your bank account.
  • Share banking details.

End the call immediately.

Legitimate government authorities will never ask you to install software that gives them access to your device.

How do you report a scam?

Residents who encounter similar fraud attempts are encouraged to report them through:

  • Dubai Police’s e-Crime platform.
  • Dubai Police’s non-emergency number 901.

Reporting scams helps authorities investigate cybercriminals and prevent others from becoming victims.

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