Somshankar Bandyopadhyay

United Arab Emirates

Web Editor at Khaleej Times

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Articles

Innovative steps keeping Dubai’s property sector on top of the world

3 weeks ago | flipboard.com | Somshankar Bandyopadhyay

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Dubai apartments rapidly reaching 11-year price peaks

4 weeks ago | khaleejtimes.com | Somshankar Bandyopadhyay

More apartment communities in Dubai are rapidly approaching or surpassing their 11-year price peaks, a report showed on Monday. At the same time, villa values have surged to stand 63 per cent above their 2014 highs. The ValuStrat Price Index reached 214.1 points in April, marking a 1.6 per cent monthly increase and a 25.3 per cent rise year on year. Villa values climbed to 280.5 points, while apartments reached 170.9 points, all benchmarked to a base of 100 points in January 2021.
Ras Al Khaimah’s property outlook remains bullish, fuelled by healthy demand

1 month ago | khaleejtimes.com | Somshankar Bandyopadhyay

The outlook for Ras Al Khaimah’s property market is very promising, fuelled by the Emirate’s growing reputation as both an investment hub and a tourism destination. With continued government support, infrastructure upgrades, and a clear lifestyle proposition, the market is seeing healthy demand across residential, hospitality, and mixed-use segments. RAK Properties, the emirate’s leading publicly listed property developer is playing a key role in shaping this momentum.
70% of UAE consumers use AI to shop, a 44% increase on 2024 numbers

1 month ago | khaleejtimes.com | Somshankar Bandyopadhyay
Global Islamic finance assets to surpass $7.5 trillion by 2028

1 month ago | khaleejtimes.com | Somshankar Bandyopadhyay
Tech adoption rises in Dubai real estate

Feb 7, 2025 | khaleejtimes.com | Somshankar Bandyopadhyay

Read next story Recent mergers reflect a broader industry demand for unified solutions Published: Fri 7 Feb 2025, 10:07 PM Over the past few years, the real estate industry in Dubai has undergone a significant transformation in terms of technology adoption. Building Management Systems (BMS), which were once expensive, underutilized, and heavily reliant on service vendors, have evolved.
Dubai’s best experiences await this February

Feb 4, 2025 | khaleejtimes.com | Somshankar Bandyopadhyay

Read next story February is a month of love, laughter and happiness Published: Tue 4 Feb 2025, 11:19 PM Image for illustative purposes From Valentine’s Day to half-term breaks, the city is buzzing with events which promise to be unforgettable moments this month. Indulge in kids entertainment for their half-term break, gourmet delights, live entertainment, and special surprises designed to make this month truly magical.
In two years, cryptocurrency could become part of everyday life in the UAE, says leading Crypto.com official

Feb 2, 2025 | khaleejtimes.com | Somshankar Bandyopadhyay

Read next story Eighth edition of the Sharjah Entrepreneurship Festival hosted talks by renowned futurists and cryptocurrency leaders on the first day Published: Sun 2 Feb 2025, 12:23 PM Mohammed Al-Hakim, president of Crypto.com UAE operations, speaks at SEF Cryptocurrency is being rapidly adopted across the traditional world of finance.
Dubai’s booming real estate market fuels recruitment agency growth

Feb 1, 2025 | khaleejtimes.com | Somshankar Bandyopadhyay

Read next story More than 8,000 new agents entered the market last year Published: Sat 1 Feb 2025, 10:56 PM Dubai’s real estate market continues its impressive trajectory, with transactions alone totalling 226,000, with a combined value of Dh761 billion last year, a remarkable 36 per cent growth in volume and 20 per cent growth in value year-on-year.
UAE project pipeline remains robust

Jan 30, 2025 | khaleejtimes.com | Somshankar Bandyopadhyay

Read next story Almost a third of projects currently being implemented across the GCC are in the UAE Published: Thu 30 Jan 2025, 12:04 PM Almost a third of projects currently being implemented across the GCC are in the UAE, recent data shows. According to Emirates NBD Research, the value of UAE project investment remained robust in 2024, with contracts worth $83 billion being awarded over the course of the year.