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

Published

5 years ago

November 10, 2021

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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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Salik’s next move: Smart parking coming to Dubai Silicon Oasis, DAFZ and Dubai CommerCity

Published

10 hours ago

July 17, 2026

Michael Gomes

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Salik is taking another step beyond toll collection, announcing plans to introduce smart parking and vehicle access systems across three of Dubai’s major economic zones.

Under a new agreement with the Dubai Integrated Economic Zones Authority (DIEZ), the company will explore parking optimisation and access control solutions covering more than 21,000 parking spaces at Dubai Airport Freezone (DAFZ), Dubai Silicon Oasis and Dubai CommerCity.

The proposed systems are designed to improve traffic flow, reduce congestion, prevent misuse of parking spaces and make it easier for businesses, employees and visitors to move around the free zones.

The partnership marks the launch of a new business vertical for Salik as it continues expanding beyond its traditional road toll operations into wider mobility and digital transport services.

What will change?

The companies plan to integrate their technology platforms to create a connected parking and vehicle access system across the three zones.

Planned features include:

Smart parking management
Automated vehicle access control
Improved traffic flow within free zones
Better use of available parking spaces
Unified operating standards across all three locations

Which areas are covered?

The project will span:

Dubai Airport Freezone (DAFZ)
Dubai Silicon Oasis
Dubai CommerCity

Together, the three locations offer more than 21,000 parking spaces serving businesses, residents, investors and visitors.

No timeline has yet been announced for when the new systems will be rolled out.

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New UAE rule: Emirates ID renewal now allowed one year before expiry

Published

11 hours ago

July 17, 2026

Michael Gomes

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The UAE has doubled the early renewal period for Emirates ID cards, allowing renewals up to 12 months before expiry under a new decision by the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP). Effective July 14, the change applies to UAE nationals for now.

Renew passport and Emirates ID together

The extended renewal window means citizens whose passport and Emirates ID expire around the same time can now renew both documents in a single transaction, reducing paperwork and saving time.

ICP said the initiative forms part of its strategy to simplify government services, improve customer experience and provide greater flexibility through digital services.

Supporting zero government bureaucracy

Major General Suhail Saeed Al Khaili, Director General of ICP, said the decision reflects the UAE’s commitment to delivering proactive government services while giving citizens more flexibility to complete transactions at a time that suits them.

He added that the initiative supports the UAE’s Zero Government Bureaucracy Programme by reducing procedural steps, improving service integration and using advanced digital technologies, including artificial intelligence, to streamline the customer journey.

The authority said the new policy is part of its wider effort to deliver integrated, digital-first government services while strengthening the UAE’s position as a global leader in identity and public service innovation.

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Dubai warns media against publishing false news after Downtown explosion claim

Published

11 hours ago

July 17, 2026

Michael Gomes

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Dubai authorities have warned media organisations against publishing false or unverified reports after claims circulated that explosions had been heard in Downtown Dubai.

In a statement posted on X, the Government of Dubai Media Office (GDMO) said the emirate would take the necessary legal measures against outlets that publish inaccurate information, in line with local and federal laws.

The warning came after a brief Reuters report cited witnesses claiming they had heard booms in Downtown Dubai on Thursday. The report did not identify the source of the sounds or confirm that any incident had taken place.

The Dubai Media Office rejected the claims, stating that no explosions had occurred in the Downtown area and describing the report as false.

Authorities also urged media organisations and the public to rely on official sources for information and avoid sharing rumours or unverified reports that could cause unnecessary confusion.

The statement reinforces Dubai’s long-standing approach to combating misinformation, particularly during fast-moving events, with authorities stressing the importance of accurate reporting and verification before publication.