Ongoing robust recovery of Dubai hotels

Ongoing robust recovery of Dubai hotels

  • News
  • Ongoing robust recovery of Dubai hotels, global cryptocurrency exchange OKX and infrastructure development

Dubai hotels lead the ongoing robust recovery in the Middle East hotel sector in 2022

The occupancy levels is expected as high as 77%. According to the forecast of the consulting company Colliers, the busiest areas will be:

  • Dubai Creek
  • Dubai Marina
  • Festival City
  • JBR

Dubai has welcomed 6.17 million international overnight visitors up to May 2022. This is 197% higher than in 2021.

Global cryptocurrency exchange OKX has secured Dubai's Virtual Assets Regulatory Authority

The company will open a regional hub in Dubai with a team of 100+ people. Earlier, Emirates Airline announced that it would accept Bitcoin as payment.

$27.7 million phase package of projects for infrastructure development launched in Ajman.

The goal is to make Ajman one of the most important modern cities in the fields of architecture and construction. Projects focus on areas such as:

  • Economy
  • Culture
  • Sport
Telegram channel
Expert Real Estate Insights

Discover the insider knowledge of Dubai real estate from our agents: expert analysis and in-depth information on the city and its property market.

Ax Talk
Ax Talk

Listen to podcasts from our real estate agents and stay up to date on the Dubai property market: latest news, expert advice, and more.

all podcasts

Find your dream home in Dubai with our curated selection of real estate properties, chosen to suit a range of lifestyles and budgets. Explore our catalogs and start your search today.

All catalogs
AX Blog
AX Blog

Stay up to date on the latest trends and developments in the Dubai real estate market with our informative articles. With insights and advice from industry experts, our blog is a valuable resource for anyone interested in the Dubai property market.

All articles
Prompt consultation

Fill form below and our agent will contact you shortly

Or contact us right now via WhatsApp