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Dubai has been described as "one of the most opaque financial hubs in the world", and one of the most popular destinations for illicit money. [1] According to Brussels Times, the leak revealed "a huge black hole in international anti-money laundering efforts centered [sic] around the Dubai real estate market". [4]
Real Estate in Dubai refers to the market for property development and investment in the emirate of Dubai, United Arab Emirates. Real estate is a significant contributor to Dubai's economy, accounting for a substantial portion of the city's GDP. [1] Dubai's real estate market has experienced growth and transformation, driven by the city's rapid ...
Dubai Leaks is a global collaborative investigative journalism project that has revealed the global elite's ownership of properties in Dubai. The project, named Dubai Unlocked , is based on data that provides a detailed overview of millions of properties in Dubai and information on their ownership or use, mostly between 2020 and 2022.
Wasl is a semi-government entity established on May 25, 2008, by the Dubai Real Estate Corporation (DREC) to oversee the development and management of its assets. [4] It was created following the merger of two public sector organisations: Dubai Development Board and Real Estate Department.
2009 Dubai housing crash was a major economic crisis that hit the Emirate of Dubai, one of the seven emirates that make up the United Arab Emirates (UAE). The crisis was sparked by the 2007–2008 financial crisis, which severely impacted Dubai's economy, particularly its real estate sector. [1]
The first net zero energy city in Dubai [17] 11 Dubai Investment Park: Incomplete: 2,300 hectares [18] Includes the Lagoons, under development by Schön Properties since 2005; Schön's assets were seized by the Dubai Real Estate Regulatory Agency in August 2018 over the company's failure to complete the development. [19]
Downtown Dubai is an urban, mixed-use development, incorporating the worlds tallest building, the Burj Khalifa, and the world's largest mall, The Dubai Mall. [11] Within Downtown Dubai, current developments include: [citation needed] Burj Vista [12] The Address Sky View Tower I, & II [13] Fountain Views I, II & III; Address Boulevard; Address ...
This is a list of real estate in Dubai, United Arab Emirates. Developments in Dubai. List of bridges and tunnels in Dubai; List of buildings in Dubai.