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3105, 2025

Dubai’s new real estate tokenised platform draws 6,000+ to waitlist – ARN News Centre

Dubai’s real estate market is embracing tokenisation, with over 6,000 people joining the waitlist for Prypco Mint, a new platform that lets users buy fractional shares of property through secure digital tokens. The Dubai Land Department (DLD) has issued its first Property Token Ownership Certificate, a blockchain-based document that formalises fractional ownership of real estate in the emirate. This follows the quick sell-out of the first tokenised property on the Prypco Mint platform, completed within just one day of launch. The platform, licenced by the Virtual Assets Regulatory Authority (VARA) and created in partnership with the DLD, allows ...

3105, 2025

Ravi Menon, Sobha Group chairman- The Week

Dubai in the United Arab Emirates is fast emerging as the go-to place for businessmen, millionaires and investors thanks to its business-friendly policies and no individual income tax. According to a recent report on top 50 cities for millionaires by Henley & Partners, Dubai has seen growth in millionaires more than double over 2014-2024; it is now home to 81,800 millionaires, including 237 centi-millionaires and 20 billionaires. This has driven a massive boom in real estate market in the emirate. In an interview with THE WEEK, Ravi Menon, chairman of Sobha Group, one of the leading developers in ...

3105, 2025

Dubai real estate: Prospect, Mulk Properties launch AED350mn premium commercial development in Arjan

Prospect, in partnership with Mulk Properties, announced the launch of The LX, an AED 350 million boutique office and retail development in Arjan. Set for handover in Q3 2027, The LX features 71 premium boutique office units and two curated retail spaces. Unit prices in the project will be starting from AED2 million, the companies said. With demand for flexible, high-specification office spaces at an all-time high in Dubai, The LX is positioned to fill a significant gap in Dubai’s evolving commercial real estate sector, the companies said.  “The LX marks our strategic entry into Dubai’s commercial property segment, ...

3105, 2025

Eid Al Adha 2025 dates announced; UAE petrol prices change; new tax rule revealed; Dubai real estate tokenisation – 10 things you missed this week

The UAE has announced Eid Al Adha holiday dates for the public and private sectors next week. The long-awaited announcement came during a week which also saw updated tax rules, the imminent change of petrol prices, a Dubai real estate tokenisation project and more. Catch up on 10 of the biggest news stories this week, as selected by Arabian Business editors. UAE announces Eid Al Adha 2025 holidays The UAE has announced Eid Al Adha 2025 holidays for the public and private sectors. The holidays will begin on 09 Dhu Al-Hijjah 1446 AH, corresponding to Thursday, June 05, ...

What is the tourism potential in Islamabad?2023-03-16T13:55:45+00:00

Islamabad is home to many historical and cultural sites, such as the Faisal Mosque, Rawal Lake, and the Margalla Hills. This makes it an attractive destination for tourists and creates opportunities for investors in the tourism sector.

What is the current state of infrastructure development in Islamabad?2023-03-16T13:54:49+00:00

The government of Pakistan is investing heavily in infrastructure development in Islamabad, including the construction of new highways, airports, and industrial zones. This development is intended to make the city even more attractive for investors.

What kind of government support is available for investors in Islamabad?2023-03-16T13:53:37+00:00

The government of Pakistan is committed to supporting businesses and investors in Islamabad by providing a range of incentives, including tax breaks, subsidies, and other benefits. This support is intended to encourage investment in the city and promote economic growth.

What is the economic situation in Islamabad?2023-03-16T13:52:18+00:00

Islamabad is the political and economic hub of Pakistan and has seen impressive economic growth in recent years. Its stable political environment and thriving business sector make it an attractive location for investors.

What are the potential opportunities for investors in Islamabad?2023-03-16T13:50:41+00:00

There are several potential opportunities for investors in Islamabad, including the housing, commercial, service, tourism, and education sectors. The city’s growing population, diverse culture, and tourism potential create opportunities in these sectors.

Why should I consider investing in Islamabad?2023-03-16T13:48:06+00:00

Investing in Islamabad can provide great returns due to its growing economy, strategic location, infrastructure development, skilled workforce, and diverse culture. The city’s low cost of living and government support for investors make it an attractive location for businesses looking to establish a presence in the region.

What sectors offer the most potential for investment in Islamabad?2023-03-16T13:01:20+00:00

The sectors that offer the most potential for investment in Islamabad include housing, commercial, and service sectors due to the growing population. Additionally, the city’s diverse culture and tourism potential create opportunities in the tourism sector. Islamabad’s world-class educational institutions provide opportunities in the education sector as well.

What are some reasons to invest in Islamabad?2023-03-16T12:58:53+00:00

There are many reasons to invest in Islamabad, including its growing economy, strategic location, infrastructure development, skilled workforce, growing population, diverse culture, tourism potential, world-class educational institutions, and government support for investors.

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