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- The tallest hotel in the world, Ciel, will be built in Dubai
The tallest hotel in the world, Ciel, will be built in Dubai in 2023.
Dubai Marina The 82-storey hotel building with a height of 356m was designed by the architectural bureau, NORR. Peculiarities:
- Glass observation deck on the 81st floor
- Roof terrace with infinity pool
- 1,042 rooms (including 150 suites)
Russians have emerged as top property buyers in the Dubai property market in Q3 2022.
According to real estate experts, Russians overtook investors from:
- UK
- India
- Germany
Q3 also recorded the highest quarterly numbers since 2010.
Luxury residence sales increased by 4.75% (to $4.5 billion) in Q3 compared to Q2 2022.
According to real estate experts. Compared to Q2 2022, in the luxury real estate market:
- Sales volume increased by 1.11%
- Transaction value increased by 11.29%
Leading areas in terms of sales in the premium segment:
- Palm Jumeirah
- Business Bay
- Downtown Dubai
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