Whether you’re into property trends, weather alerts, or future-forward events, this week’s GCC updates have you covered. Let’s dive straight into the highlights shaping the Gulf this week.
GCC Updates For You!
1. Ready Homes Break the Bank In Jumeira Bay, Dubai
Dubai’s Jumeira Bay is setting new real estate records, both in rentals and sales. A luxury rental on the island fetched a jaw-dropping Dh15.5 million this year, the highest annual rental in Dubai to date. Only four properties in Dubai crossed the Dh10 million rental mark this year, making this lease stand out. In sales, a Bulgari-branded residence found a buyer at nearly Dh17,000 per square foot, redefining “luxury living”.
2. Saadiyat Cultural District Gears Up For A Grand Opening
Khaled bin Mohamed bin Zayed has visited Saadiyat Cultural District in Abu Dhabi, and reviewed the progress of the final stages of construction for Zayed National Museum, Natural History Museum Abu Dhabi, and teamLab Phenomena Abu Dhabi, set to be completed by the end of 2025. pic.twitter.com/d6FHoaDxhb
— مكتب أبوظبي الإعلامي (@ADMediaOffice) October 14, 2024
Sheikh Khaled bin Mohamed reviewed the final construction stages of Abu Dhabi’s Saadiyat Cultural District, which is now 83% complete. The district will soon house iconic institutions like the Guggenheim Abu Dhabi and Zayed National Museum, with doors scheduled to open by late next year. Meanwhile, other major cultural landmarks, including the Natural History Museum and teamLab Phenomena, are on track for a 2025 launch.
3. Thunderstorms Shake The Sultanate Of Oman
The rain gods are making a dramatic appearance across Oman with heavy thunderstorms and strong winds. Oman Meteorology warns of downpours ranging between 20-50mm, posing risks of flash floods, hail, and downdraft winds. The tropical weather system is primarily impacting governorates like Muscat, North and South Al Batinah, Al Dakhiliyah, and mountainous regions, keeping residents on their toes.
4. Expo Centre Sharjah Gears Up For EV Extravaganza
Expo Centre Sharjah is charging forward with the Middle East Electric Vehicle Show, scheduled for 15-18 October 2025. With over 150 exhibitors from 30 countries on board, the event promises a deep dive into the latest in EV technology. The agenda was unveiled during a business meeting where global manufacturers and suppliers locked in their participation, hinting at a sustainable future for the region.
Also Read: Paid Entry For Burj Khalifa On NYE To Etihad Rail Journey Time; 5 GCC Updates For You
5. Bahrain Tightens Grip On Expat Housing
Bahrain’s government is ramping up efforts to regulate shared housing among expatriate workers. A new team will conduct inspections to ensure safety standards and protect the nation’s heritage. These checks aim to improve the expat community’s living conditions while balancing cultural preservation.
From jaw-dropping real estate deals and cultural milestones to stormy weather and electric dreams, this week’s GCC updates reflect a region pushing boundaries in every direction. Whether it’s rain or record-breaking rents, life in the GCC always promises excitement. Stay tuned, next week’s news will undoubtedly bring more surprises.
Cover Image Courtesy: Canva Stock Images
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