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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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Dubai’s flamingo paradise closes for major Dh650-million makeover

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Ras Al Khor Wildlife Sanctuary, one of Dubai’s hidden gems and a haven for birdwatchers, has temporarily closed to make way for a stunning new upgrade, part of a Dh650-million development project set to transform the wetlands into a world-class eco-destination.

More Water, More Wildlife

The first phase of the redevelopment is already underway, with completion expected by the end of next year. It includes a massive 144% expansion of water bodies, boosting their total size to 74 hectares.

Alongside this, 10 hectares of new mudflats will be added, essential feeding grounds for migratory birds, supporting marine biodiversity and rare plant life.

Nature Gets a Boost

Phase two will focus on enhancing native vegetation and creating improved wildlife habitats to attract even more bird species. Visitor facilities are also set for an upgrade, giving nature lovers a better, more immersive experience.

The sanctuary is already known for its iconic pink flamingos in winter, as well as osprey, grey herons, and black-winged stilts. The reserve is fully fenced, offering safety for wildlife and serenity for guests.

Eco-Friendly Vision

Once complete, the new sanctuary is expected to increase carbon dioxide absorption by 60 per cent, giving a powerful green boost to Dubai’s environment.

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Skip the flight, catch the ferry: Pakistan–Oman set to launch sea service

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Pakistan and Oman are moving closer to launching a direct ferry service between Gwadar and the Sultanate, as part of renewed efforts to strengthen maritime cooperation, enhance trade, and build regional connectivity.

The developments came during a high-level meeting on Thursday between Pakistan’s Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, and the Ambassador of Oman to Pakistan, Fahad bin Sulaiman bin Khalaf Al Kharusi.

Maritime Trade in Focus

Both sides reaffirmed their deep-rooted diplomatic, economic, and cultural ties and discussed plans to accelerate cooperation in the maritime sector. Minister Chaudhry highlighted that Pakistan’s exports to Oman via sea ports reached $224 million in 2024, but stressed the potential to significantly increase this figure through joint initiatives.

Gwadar-Oman Ferry Could Unlock Billions

A major highlight of the meeting was the proposal to launch a direct ferry service from Gwadar to Oman, which Chaudhry said could unlock $10–15 billion annually for Pakistan through trade expansion, transit revenue, and investment inflows.

Potential New Ferry Routes

  • Based on current and past plans, potential ferry routes from Pakistan include:
    • Karachi to Gwadar
    • Gwadar to Muscat (Oman)
    • Karachi to Muscat (Oman)
    • Karachi to Chabahar (Iran)
    • Gwadar to Chabahar (Iran)
    • International excursion tours
    • Local city operation within Karachi 
    • Past Sea Routes that Were Proposed
  • There have been past discussions and reports about ferry services between Pakistan and other regions but they have yet to become a reality:
    • Dubai-Karachi Ferry Service: A luxury ferry service between Karachi and Dubai was approved in 2006, with Gulf Dream Cruise being the first operator. This service was planned to take two days and cost $549 for a round trip. However, the feasibility of a regular ferry service for fast passenger transfers was questioned due to the affordability of flights.
    • India-Dubai: The Indian government had granted permission for the launch of a cruise ferry service connecting Kerala and Dubai in 2023. The ferry service operating on the Beypur-Kochi-Dubai route, would prvide connectivity between Dubai and Kochi, within just three days and enable expats in the UAE to carry 10 times more luggage and travel at a lower cost than airlines. The ticket was expected to cost at around Dh450.
    • Iran Ferry Service: There was a plan to launch a ferry service between Karachi/Gwadar and Chabahar in Iran, primarily to facilitate pilgrims and offer a safer alternative to road travel.

Maritime Training & Human Capital Development

Chaudhry also proposed offering specialised training and scholarships for Omani students at the Pakistan Marine Academy, which is being upgraded to university status. The goal: to foster long-term maritime collaboration and build shared human capital in marine sciences and navigation.

Strong Cultural Ties and Diaspora Links

Ambassador Al Kharusi welcomed the proposals and highlighted the strong cultural connections between the two nations. He noted that Urdu remains widely spoken and understood in Oman, reflecting historic social bonds, and praised the Pakistani community’s role in Oman’s development.

The ambassador also backed greater B2B (business-to-business) engagements to unlock new trade and investment opportunities between the two countries.

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Bangladeshi electrician wins Dh25 million in Abu Dhabi Big Ticket Draw

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A Bangladeshi expat living in the UAE has won the Dh25 million grand prize in Big Ticket’s latest draw held on Thursday, July 3.

Mohammed Naser Balal, a 43-year-old electrician who has lived in the UAE for 14 years, took home the life-changing amount after his ticket 061080 was announced as the winning number in Big Ticket Draw No. 276.

Overwhelmed with emotion, Balal shared: “I’ve been buying tickets every single month for the past 12 years, always dreaming I’d win. Today, that dream came true.”

Balal, who purchased the ticket with five friends, plans to split the prize with them and build a home for his family in Bangladesh.

Indian Family Wins Nissan Patrol

In the same draw, an Indian family from Kerala won a Nissan Patrol. Geethammal and her son, now based in Dubai, were overjoyed as the ticket, purchased under her husband’s name, secured them the luxury car. Her husband has been living in the UAE for 30 years and was the first in the family

What’s Next in Big Ticket’s July Promotion?

  • Dh20 million grand prize up for grabs in the August 3 live draw
  • Weekly e-draws every Thursday in July, offering Dh50,000 to four winners
  • Buy 2, Get 1/2/3 Free ticket bundles (online & at airport counters)
  • Luxury car draws: Range Rover Velar (Aug 3) and BMW M440i (Sep 3)
  • Big Win Contest: Buy 2+ tickets between July 1–24 to enter and win between Dh20,000 and Dh150,000 at the live draw

Tickets can be purchased at www.bigticket.ae, Zayed International Airport, or Al Ain Airport.

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