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- News from Dubai, UAE: the construction of the world's tallest hotel and the launch of a license for the development of artificial intelligence in the UAE
Dubai topped the global charts for the biggest increase in luxury home prices during 2021.
Prices increased by 44% compared to 2020. According to a report by the property consultancy, Knight Frank, among other cities in the ranking: 2 place – Moscow 3 place – San Diego 4 place – Miami
The world's tallest hotel, the Ciel Tower in Dubai, reached its halfway point.
Dubai Marina Height – 365 meters Developer – The First Group Hotel includes 1,000+ rooms, an observatory, rooftop Sky Terrace with infinity pool. Design features include a 300-metre tall atrium with vertically stacked terraces spanning 82 floors. Completion – Q4 2023. Opening – H1 2024.
Financial centre, DIFC, launched the UAE's first Artificial Intelligence (AI) and coding license.
This is part of the AI Strategy 2031, which aims to enhance the UAE's reputation in this field by attracting coders from around the world. Employees of companies will be able to obtain Golden Visas. Sources: Gulf News
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