Celebrate this Lunar New Year with the modern Pan-Asian Restaurant – Mogao at Dubai Digital Park with its specially curated Year of the Rabbit Brunch on Sunday, 22nd January.
NEWS
La Table introduces the region’s first restaurant of its kind with a chefs’ pop-up kitchen concept at the Gate Village in DIFC. Every three months La Table will welcome a new chef, menu, and décor for an instant refresh and surprise element at their location. This licensed unique dining concept is built around the heart of change while delving deep into the universe and ethos of each Chef.
There is nothing that nourishes the soul more than a relaxed weekend brunch full of delicious flavours enjoyed with friends. The famous UK export, Cocotte located on The Beach, JBR has created a stunning new brunch menu that boasts an array of dishes to satiate all cravings, available from Friday until Sunday, from 9 AM until 4 PM, which means those of us who love a lie-in and lazy morning can still enjoy brunch!
Love is in the air and at Level 43 Sky Lounge, located at the magnificent Four Points by Sheraton Sheikh Zayed Road, Valentine’s Day is about to get even more magical. Get ready to enjoy breathtaking views, first-class entertainment, and sophisticated signature drinks at an unrivalled vantage point with panoramic vistas in all directions at this venue like no other. Date nights don’t get much better than this and now is the perfect time to take your nightlife experience to the next level alongside unmatched 360-degree views of Dubai’s iconic skyline.
Situated right in the centre of Downtown Dubai’s boulevard, Jun’s has solidified their status in the city as an essential spot of North American Asian dining, always ready to welcome guests with an array of unique palates.
In a bid to mark Black Tap JBR’s 5th anniversary, the trend-setting hotspot will be celebrating in style with incredible deals on the 18th of January and with Black Tap’s first-ever Food Truck at the annual Market Outside The Box (MOTB) event in Dubai Design District from 19th to 29th January.
In terms of a combination of demand, check volume and growth potential, Dubai will be a major draw for foreigners moving their money abroad over the next three to six months. Off-plan projects in Dubai Hills, Akoya Oxygen, Emaar Beachfront and other districts of the city only support this trend.
Property for sale in Dubai attracts investors from all over the world
There are two main reasons behind the fact that each year there are more and more people willing to invest in a real estate in the emirate.
- Minimum compliance and privacy for the investor
The main magnet is the low requirements for explaining the origin of funds and the fact that it is quite easy to transfer money from any country to the UAE. Buyers of real estate in Dubai can pay for transactions with either cash or cryptocurrency.
It was the weak compliance that attracted the flow of money from all over the world to Dubai and contributed to the growth of the real estate market, as well as enriched the local bankers and business elite. Perhaps this was due to “administrative loopholes and weak law enforcement practice,” according to the Carnegie Endowment. However, over the past year, the emirate’s market has become more transparent – it ranks 31st in the JLL Global Real Estate Transparency Index 2022.
Dubai differs from the most transparent markets in the world – the US and the UK – in the fact that there is no information about the owners of real estate in the data of the DLD. Dubai is one of the largest markets where a property buyer can still remain anonymous. And that is a huga advantage.
- Growth of the market and the economy as a whole
The pitfalls of investing in Dubai often include the belief that the market is overheated. However, financial analysts do not yet believe that a bubble is forming in the real estate market. For example, the Swiss financial holding UBS argues why the city’s market is priced fairly:
- Firstly, in the emirate, the cost of rent is rising due to increased immigration and the post-pandemic economic recovery. The dynamics of the disposable income of the population for the first time since the beginning of the pandemic has become positive. Rent growth has even outpaced house price growth over the past four quarters;
- Secondly, when investing in real estate in another country, it is always important to pay attention to the developer responsible for the construction of the property: to see how long he completed past projects, or what types of real estate he usually specializes in. However, in relation to the UAE market, the choice of a developer is associated with low risks – all the largest developers in Dubai are reliable companies. In the UAE, the state closely monitors the real estate sector, controls the largest developers itself, and also legally protects buyers from the risk that the developer will not complete the construction.
- Thirdly, housing is relatively affordable in the emirate, which limits the risk of price correction. It takes about six years for a skilled worker in the city to earn money for a 60 square meters. This is one of the lowest rates among other major cities in the world: for example, in Munich it takes ten years, in Paris – 15 years, in Hong Kong – 25 years.
Dubai also has one of the lowest payback rates – the period during which you need to rent an apartment in order to pay for it in full. An apartment of the same area in Dubai will have to be rented for 16 years, in London – 26 years, in Paris – 33 years, and in Munich – 44 years.
It should also be noted that real estate prices in the emirate range from USD 2,500 to USD 12,000 per 1 square meter, depending on the quality of the location and the stage of construction, which generally correlates well with the cost of production of this meter and analogues in other large metropolitan areas of the world.
Real estate in Dubai
Emirates.Estate website will provide you with a huge database of property options on the real estate market of Dubai. Have a look, choose your preferences, decide on the budget and start your search today.
KATA, the contemporary Japanese restaurant at The Dubai Mall, is the perfect place to be for Dry January 2023. KATA’s expert mixologists have devised a menu of delicious mocktails that complement its world-class food and have a wide range of alcohol-free beverages.
The Dry January movement, which started in the UK in 2013, encourages people to ditch alcohol in the new year and realise the health and financial benefits of doing so. Now entering its 10th year, Dry January has never been more popular with millions of people across the world – especially millennials. However, according to a report by Harvard Medical School, one of the biggest struggles people face in quitting is finding quality alternative drinks. KATA is the remedy to this problem.
The year-round alcohol-free drinks menu is curated to serve up first-rate drinks that taste great. Where others simply add a ton of sugar into their mocktails for ‘flavour’, KATA crafts signature beverages that delight the tastebuds. KATA’s signature Redroni is a blend of grape, forest fruits and botanical infusion that looks as good as it tastes. And the Sendai Storm, which has infused juniper berry, alcohol-free sake and matcha, showcases the creativity of the beverage lineup perfectly.
And with incredible views of The Dubai Fountain show from the venue’s palatial terrace area, KATA is the ideal place to enjoy a Dry January experience. Contact reservations@kata.ae or call 054 582 9933 to book your spot, plus visit kata.ae to see the full alcohol-free menu including mocktails, non-alcoholic wines, beers and sake.
Is one of your new year’s resolutions to laugh more?? It should be! We all need more of this….
January is the month to try new things and the 12th Annual Comedyfest at McGettigan’s JLT is just the ticket!
There are two opportunities to catch this side-splitting night of pure hilarity that boasts a line-up of 5 stellar comedians on Friday 13th and Saturday 14th January. Entry is just AED 75 and that includes a complimentary drink!
The line-up:
Barry Murphy is an Irish comedian whose notable appearances include a starring role in Après Match. As a member of Mr Trellis, he founded The Comedy Cellar in Dublin in 1989.
In 2000, Karl Spain won the RTÉ award for Best New Act. Karl appeared at the Montreal Just for Laughs comedy festival in 2003, which was later repeated on RTÉ Television. He is currently on tour with Scottish international Comedic sensation Kevin Bridges.
Killian Sundermann is German born Irish Comedian who cites Spike Milligan as one of his greatest influences. He is a sketch and stand-up performer whose videos went viral during the pandemic.
Shane Daniel Byrne is an actor, writer, and an acclaimed stand-up comedian whose regular appearances include Cherry Comedy at Whelans in Dublin, The Cat Laughs Festival in Kilkenny as well as regular appearances on Virgin Media TV and RTE.
Sinead Quinlan is an up-and-coming comedy talent from Cork. Her achievements so far have included various appearances on RTE including as roving reporter for ‘The Den’ featuring the then in famous duo Zig & Zag and numerous shows and festivals all over Ireland and the UK.
What: McGettigan’s Announces the 12th Annual ComedyFest 2023 with a line-up of 5 incredible comedians.
When: Friday 13th and Saturday 14th January, doors open at 7pm
Where: The Baggot, McGettigan’s JLT
Price: AED 75 per person, including a complimentary drink
Booking: mcgettingans.com/shop
