Dubai real estate, economics and developers

Dubai real estate, economics and developers

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  • More about Dubai: investment assets, partnership with Manchester City and Memorandum of Understanding

Residential and industrial property will be the strongest real estate investment asset classes globally in 2022.

According to the consultancy, Savills):

  • Global real estate investment volumes increased to $1.3 trillion from January to November 2021.

This is 38% more than in the same period in 2020.

Aldar Properties, Abu Dhabi's leading property developer, has become the official partner of Manchester City Football Club.

The goal is to work together on projects in such sectors as:

  • Real estate
  • Retail
  • Football education

The partnership aims to:

  • Promote developer's projects using Manchester City brand
  • Develop the football landscape in the UAE

Dubai Multi-Commodities Centre and the Monaco Economic Board have signed a Memorandum of Understanding (MoU).

The agreement focuses on:

  • Attracting ultra-high-net-worth individuals and enabling family offices
  • Expansion bilateral trade relations

Sources: The National News, Arabian Business

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