John Pagano

We’re living in fascinating times indeed. UAE could have flying taxis servicing its residents and visitors from as early as next year. While the concept of flying taxis has been discussed for years, it's exciting to see that it might become a reality in the UAE in the near future. The technological marvel of flying taxis is fantastic but what makes this particularly interesting to me is that UAE could possibly be the first country to implement them on a large scale. Other countries like the UK are also working on similar projects, with plans to introduce flying taxis by 2026. The introduction of these vehicles in Dubai could have significant implications for the city's tourism, business, and overall global standing. https://lnkd.in/dBSaCmBh

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Nakheel Advances Palm Jebel Ali Development with Dh810 Million Marine Works Contract. Dubai’s real estate leader, Nakheel, has awarded a Dh810 million contract for marine works on the highly anticipated Palm Jebel Ali project. This move marks a major milestone, advancing one of Dubai’s largest artificial island developments, which will add significant new residential, commercial, and leisure spaces to the city. About Palm Jebel Ali. Palm Jebel Ali is poised to become a landmark waterfront community, expanding Dubai’s coastline and offering luxury homes along with key infrastructure. With a focus on both luxury and sustainability, this mega-development reflects Dubai’s vision for modern urban growth. Significance of the Marine Works Contract. The Dh810 million contract covers critical marine infrastructure, which is essential for shaping the island’s crescent structure and protecting it from environmental factors. This phase plays a crucial role in stabilizing the land for future development, moving the project closer to completion. Sustainability and Environmental Focus. A core element of Palm Jebel Ali is its emphasis on sustainability. Nakheel has integrated eco-friendly initiatives throughout the project, from preserving marine ecosystems to implementing renewable energy solutions. These efforts align with Dubai’s commitment to sustainable urban development. Economic Impact. The scale of Palm Jebel Ali provides a major boost to Dubai’s economy, driving job creation and attracting investment. This project will not only expand Dubai’s real estate portfolio but also enhance its status as a global investment destination. What’s Next for Palm Jebel Ali? As the marine works progress, the project will soon move forward with residential and commercial developments, offering luxury villas, apartments, and entertainment venues. Palm Jebel Ali will become a sought-after address, blending luxury living with sustainable practices. Conclusion. Nakheel’s Dh810 million contract represents more than just progress on Palm Jebel Ali—it signifies Dubai’s continuous growth and dedication to innovation. As the project unfolds, Palm Jebel Ali is set to become a global real estate landmark. #PalmJebelAli #Nakheel #DubaiRealEstate #WaterfrontLiving #SustainableDevelopment #LuxuryLiving #DubaiVision #EconomicGrowth #ConstructionInnovation #MarineWorks

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🎲 A New Era for the UAE’s Luxury Scene! The Wynn Al Marjan Island is set to transform Ras Al Khaimah into a world-class destination for tourism and investment. Having experienced the magic of Vegas and the iconic Caesars Palace firsthand, I can confidently say that this project is a game changer for our region. More than just a casino, this is a bold, visionary leap that will redefine what it means to stay, play, and invest in the UAE. This unique project is putting Ras Al Khaimah on the global map for luxury and entertainment, rivaling even the biggest names in Vegas. Loads of thanks to my dear friend Shellei Leonor Teves Gaza that got me excited about RAK and its benifits as an investment hub. Huge thanks to the leadership Abdulla Al Abdouli teams Marjan Al Hamra @RasAlKhaimah and @RAK Properties for making this vision a reality. Can’t wait to see the opportunities this will bring to the UAE and the incredible experiences that await! Who’s ready to witness the future of luxury tourism in the region? 🚀 Positive Properties #SamYourMan #DubaiRealEstate #InvestmentOpportunities #PropertyDeals #RealEstateInvesting #RealEstateExpert #WynnAlMarjan #MarjanIsland #LuxuryLiving #GameChanger #TourismUAE #WynnResorts #LuxuryRealEstate #VisitUAE #InvestmentDubai #RAKTransformation

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Connectivity and Accessibility is inevitable step for development. Public transport in Dubai is expanding and is going to be well connected. Looking forward to the new innovation❤

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Driving Saudi Arabia's Transformation: The Role of Real Estate in Vision 2030 As Saudi Arabia forges ahead with its Vision 2030 initiative, the real estate sector emerges as a pivotal force driving the nation's transformation. Targets and goals create a surge in demand for properties and infrastructure projects across the Kingdom. This increased demand incentivizes substantial investments in new cities, residential developments, and infrastructural activities, reshaping skylines and fostering economic expansion and job creation. Nevertheless, some challenges persist. High interest rates impact both real estate transactions and new mortgage lending. The sector's sensitivity to interest rate changes points out the importance of a delicate balance in monetary policy to sustain growth momentum. Additionally, the concentration of the population in major urban centers presents challenges for developers seeking opportunities in smaller cities, highlighting the necessity for equitable development across regions. Despite these challenges, the outlook remains positive, upheld by strong government support and strategic initiatives. Furthermore, the Kingdom’s commitment to sustainability is driving a shift towards greener buildings and construction practices, aligning with local and international regulations. As Saudi Arabia marches towards its economic goals, the real estate sector stands ready to play a pivotal role in driving growth and development. With investments exceeding $1 trillion in value, the sector is expected to significantly bolster its contribution to the GDP, aiming for a remarkable rise from 6 percent to 10 percent by 2030. Looking ahead, the journey for Saudi Arabia’s real estate developers is one of both opportunity and adaptation. By harnessing innovation, leveraging government support, and embracing sustainability, they can not only capitalize on the demand for properties but also contribute meaningfully to the Kingdom’s journey towards a diversified and resilient economy. #saudiarabia #economicrenaissance #realestate #vision2030 #growth #transformation #infrastructure #investment #sustainability #innovation #adaptation #equitabledevelopment #governmentsupport #mortgageloans #funding #marketdynamics #opportunity #realestatedevelopment #assetsmanagement #smartcity #smarttransportation #Infrastructure #hospitality

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Dubai Land Department announces impressive results for H1 of 2024, compared to the H1 of 2023 the best performance in the history of Dubai Real estate market AED 346 billion the value of real estate transactions 100,520 the total number of real estate transactions 23% increase in real estate transactions value 32% increase in the number of real estate transactions 50k new investors.

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The Red Sea Project (Giga projects series) This luxury coastal resort destination aims to attract tourists by offering experiences focused on wellness, culture, and sustainability. Here’s a summary of the key details:  • Covers 28,000 km2 including 90 islands • Budget: $27.6bn • Value of work awarded to date: $8.84bn • One of the most advanced of the giga projects. • Progressing towards the end of its first phase. • Further $3.3bn worth of contracts to be awarded, most of which fall under Phase 2. • Goal: 50 resorts offering 8,000 hotel rooms, 1,000 residential properties across 22 island.

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Saudi Arabia Suspends Municipal Fees for Commercial Licenses of Hotels & Resorts: A Strategic Boost to Tourism. Saudi Arabia has announced the suspension of municipal fees for issuing commercial licenses for hotels, hotel apartments, and residential resorts, effective from September 4. This move, initiated by Minister of Municipalities and Housing Majid Al-Hogail, aims to simplify municipal procedures and boost the tourism sector in the Kingdom. 🔹 Why This Matters: This decision is more than just a fee suspension—it's a strategic push to make Saudi Arabia a top-tier global tourist destination, aligned with the Vision 2030 goals. By eliminating these fees, the Kingdom is not only making it easier for investors but also enhancing the competitiveness of the tourism industry, paving the way for a more attractive investment landscape. 🔹 Key Benefits for Investors: Enhanced Competitiveness: Creates a more inviting environment for tourism investments. Reduced Operating Costs: Directly cuts expenses for hospitality facilities, promoting growth and sustainability. Improved Infrastructure: Focuses on upgrading the quality and availability of tourism services across the Kingdom. 🔹 Actionable Insights: Investors are encouraged to take advantage of this opportunity by issuing or renewing licenses via the Balady platform. To ensure top-notch tourism services, the Ministry is organizing workshops and awareness sessions to guide hotel and resort owners through the new regulations. 🔹 Impact on the Market: This initiative not only supports existing investors but also aims to attract new players into the sector. It plays a crucial role in job creation, enhancing the sector’s contribution to the GDP, and supporting Saudi Arabia’s ambitious plans to be a leading global tourist hub. 🔹 Strategic Implications: This is one of several initiatives under Saudi Vision 2030 designed to drive economic diversification and bolster the Kingdom’s position on the world tourism stage. Final Thoughts: For businesses in real estate and tourism, this is a golden opportunity to expand your portfolio and capitalize on Saudi Arabia's transformative journey. Let’s embrace this change, invest wisely, and contribute to the Kingdom’s growing success story! #SaudiVision2030 #TourismBoost #InvestInSaudi #RealEstateAdvisory #KSAOpportunities #BusinessStrategy #SaudiTourism #HospitalityIndustry #RiyadhBusiness #shan

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As Saudi Arabia ramps up its Vision 2030 projects, the need for housing and amenities for the influx of workforce is critical. The Public Investment Fund (PIF) has established the Smart Accommodation for Residential Complexes Company (sarcc) to address this need. Key takeaways: --> sarcc will develop and operate staff housing for major construction and development projects, ensuring quality accommodation for workers. --> The initiative aims to improve living standards and meet the growing demand for housing, aligning with Vision 2030's goals. --> sarcc will adhere to international standards, promoting sustainable and responsible development practices. Why does this matter? Providing adequate housing and amenities for the workforce is crucial for the success of Vision 2030 projects. It not only ensures the well-being of workers but also contributes to the overall development of KSA long-term. #SaudiArabia #Vision2030 #Housing #Workforce #Sustainability #KSA #RealEstate #PIF https://lnkd.in/eYRneGWT

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Very excited to be joining global leaders in Riyadh this November with Alex Heuff and the phenomenal team Cityscape Global 🌍 5 Best Cities for Real Estate Investment 🌆🇦🇪 Deciding where to buy is just as important as what you buy. If you want to see a good return on your investment, picking the right city is key. Choose the right location, and you can generate substantial rental income while your property grows in value. In this guide, we're going to reveal the best cities for real estate investment based on factors like population growth, rental yields, and rising home prices. Keep reading to find the perfect spot for your next property. 1. Riyadh: High Rental Yields and Strong Growth • Population: 7,820,551 • Average Gross Rental Yield: 11.58% • Average House Price: $1,417 per square metre • Average Annual House Value Increase: 3.6% Riyadh is quickly becoming a hot spot for real estate investment. Saudi Arabia's ambitious Vision 2030 plan has seen improvements to the city's infrastructure, business environment, and housing market. While property prices are still relatively affordable, investors can expect impressive rental yields with healthy appreciation. Riyadh is an excellent choice for investors seeking immediate income and sustainable long-term growth. https://lnkd.in/e4NfyWUa

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Is it the right time to invest in the south ?

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It's raining in UAE with lightening and thunderstorms. UAE's National Centre of Meteorology (NCM) had issued an advisory highlighting significant fluctuations in weather conditions across the country. Heavy rains, intensified by lightning and thunder, poses a risk of flooding in various regions. Additionally, strong winds are forecasted, likely to reduce horizontal visibility. Stay focused and avoid reckless driving and drifting, and follow traffic laws during rainfall. ✅Leave adequate safe distance ✅Do not hit the brakes suddenly ✅Slow down significantly when taking turns to prevent the car from slipping ✅Stay away from canyons and water reservoirs ✅Adhere to prescribed speed limit when the speed reduction system is activated ✅Seafarers and beach-goers are appealed to check the weather condition before going out Stay safe at all times and make sure of the safety of everyone ✅Construction companies much comply with safety and safety standards as instructed below ✅Secure electrical connections indoors Clean internal rain gutters in the house or building ✅Use designated rainwater drains to drain rainwater collections ✅Avoid opening and using sewage drains to drain rain water ✅Fasten outdoor furniture securely and take flying materials inside the house or building ✅Remove tools and equipment from balconies ✅Stay away from trees, unstable boards and construction sites Stay safe and have a great rainy day.!

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Emaar South Golf Links: Early Prime Investment Near Al Maktoum Airport

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As team EG gathers experts from across the real estate sphere for our annual ESG Summit, it’s fascinating to see that the majority of leaders still see sustainability as one of the biggest challenges facing sector. Fresh results from PwC and Urban Land Institute’s Emerging Trends report found that some 70% of 1,143 respondents were concerned about environmental issues in 2025, with 72% flagging this as an issue for the next five years. Many admitted that they were struggling to keep competing environmental concerns at the top of the agenda. Physical climate risk and real estate’s transition to net zero carbon emissions have been recurring issues in a number of Emerging Trends reports, however, this year’s report also examined the far-reaching implications for real estate insurance and finance. As real estate faces increased risks from the rising frequency and severity of extreme weather events alongside the transition to net zero, the impact on the industry is becoming clearer in terms of financial costs and business interruption, with almost two-thirds of respondents expecting an increase in insurance costs over the next five years. While the issues around the insurance and financing of real estate from climate risks are widely acknowledged, the report found that current levels of industry awareness and collaboration did not reflect the scale and urgency of the challenge. If you want to know more about how to navigate those challenges, I really hope you secured your ticket to our event… See you there. https://lnkd.in/e3UYzFDZ

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The UAE's remarkable economic growth and global achievements this year 🌟 stand out as a defining moment. With thriving tourism 🚀, record-breaking trade, and an elevated global reputation, demand for prime properties is surging. As someone immersed in luxury real estate 🔑, it’s clear that Dubai and the UAE are not just attracting investors—they’re shaping the future of global living. For me, this isn’t just about property—it’s about the opportunity, lifestyle, and vision ✨ that this region offers. The future of real estate here is truly exceptional. #UAEeconomy #LuxuryLiving #InvestmentOpportunities #RealEstateTrends #GlobalMarket #TourismBoom #EconomicGrowth #MilkRealEstate

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What were the most prominent operations carried out within the last 200 days of Al-Aqsa Flood? In this report, some of the most prominent operations carried out by the Al-Qassam Brigades are presented on the 200th day of Al-Aqsa Flood.

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Cityscape Global 2024 marks a transformative moment for Saudi Arabia’s real estate sector. The industry is rapidly evolving into a dynamic international market, driven by concrete actions and a new wave of professionalism. This shift is fuelled by the innovative approaches of the new Saudi generation and the influx of international firms. Saudi Arabia has embarked on a bold mission to diversify its economy, with $1.25 trillion worth of projects currently under development and more than 700,000 units expected to be delivered in the coming years. Ambitious objectives call for innovative solutions. This is where pX comes in. By leveraging AI to streamline investment analysis and swiftly match investors with relevant properties, combined with boots-on-the-ground expertise, we are proud to bring Foreign Direct Investments (FDIs) into Saudi Arabia, supporting Vision 2030 and the country’s ambitious development goals. Stay tuned for more exiting updates. #cityscapeglobal #realestate #saudivison2030 #proptech

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