$2.5bn worth of property deals in one week in Dubai

Jonathan Boyd

19th December, 2022

1 min read

Data published by the Dubai Land Department (DLD) suggest the value of property transactions hit AED9.2bn, equivalent to $2.5bn, in the week to 16 December.

The data points to 2,882 real estate transactions, including land and property units such as villas and apartments, as reported in local media Zawya and Gulf Today.

The Palms continue to set the pace. A land transactions in Palm Deira reportedly wend for AED47.28m ($12.9m), while apartments and villas in Palm Jumeirah went for AED61m and AED59m ($16.6m and$16m).

Eric Sturdza Investments launches Strategic Vietnam Prosperity Fund

Mark Battersby

No Comments

Eric Sturdza Investments, an independent asset management firm providing active strategies to institutional and professional clients, has launched the Strategic Vietnam Prosperity Fund, providing exposure to an Asian equity market that is "poised to record significant economic expansion". In a statement on 13 December, it said Vietnam benefits from the trend in China, and globally, […]

How to get visas for EU countries - and how much money is needed

Jason Porter

No Comments

The majority of UK nationals who are considering acquiring a holiday home in Europe, or those who might want to go a stage further and retire there, will quickly realise the most noticeable change in the relationship between the UK and the EU since Brexit is how restricted we are now in entering the EU, […]

Evelyn Partners launches financial planning graduate programme

Mark Battersby

No Comments

Evelyn Partners has launched a financial planning graduate programme, which will welcome its first cohort in September 2024. In a statement on 3 January, the wealth management and professional services group said the scheme will teach recruits how to build relationships with clients, assess their complete financial position, build flexible plans and provide appropriate recommendations […]