(MENAFN- EIN Presswire)
Saleh Tabakh the founder of Andalusia Group about to launch his fourth project in less than 4 years
Tabakh lauds Dubai as a top choice for young entrepreneurs and innovation.” - Saleh Tabakh
DUBAI, UNITED ARAB EMIRATES, April 7, 2024 /EINPresswire / -- Saleh Tabakh, the visionary founder and CEO of Al Andalus Group, emphasizes that the essence of real estate development transcends mere construction of structures.“Our goal is to create thriving communities and realize dreams,” he asserts. Al Andalus Group, after solidifying its presence in the Turkish market, aims to bring value to Dubai's architectural scene. The conglomerate unites companies specializing in investment and development across diverse sectors, including real estate, retail, healthcare, and hospitality.
Tabakh is preparing to unveil his fourth entrepreneurial venture in less than three years, a testament to Dubai's fertile ground for young business minds and its nurturing environment for innovation.
The Dubai real estate market has witnessed remarkable growth and transformation recently. According to the latest statistics from the Dubai Land Department (DLD), there were 3,229 real estate transactions valued at over Dh23.1 billion during the week ending August 25, 2023. The report highlighted the sale of 183 plots for Dh1.33 billion and 2,361 apartments and villas for Dh5.77 billion.
Significant transactions included a plot in Madinat Dubai Almelaheyah fetching Dh93.37 million, one in Palm Jumeirah at Dh76 million, and another in Al Barshaa South Second for Dh64.1 million. Madinat Al Mataar led the week in sales with 51 transactions amounting to Dh182.3 million, followed by Al Hebiah Fifth and Saih Shuaib 1 with Dh59.3 million and Dh33 million, respectively. The most notable apartment and villa sales occurred in Palm Jumeirah, with properties selling for Dh65 million, Dh57 million, and Dh54 million.
Dubai's landscape, characterized by its iconic skyline, innovative architecture, and sustainable urban planning, continues to evolve, solidifying its position as a global hub for business and lifestyle. This dynamic city has become a magnet for young entrepreneurs, drawn not only to its aesthetic appeal but to the lucrative opportunities and supportive ecosystem it offers. Dubai's strategic location as a bridge between East and West, its state-of-the-art infrastructure, and a business-friendly environment with tax incentives, world-class Free Zones, and a transparent legal framework are pivotal factors attracting young minds eager to innovate and expand.
Moreover, Dubai's commitment to fostering entrepreneurship is evident in its numerous initiatives and programs designed to support startups and SMEs. The Dubai Future Foundation, for instance, is at the forefront of this, driving the emirate's vision to become an international tech hub. With initiatives like Dubai Startup Hub, Dubai SME, and the Mohammed Bin Rashid Establishment for SME Development, the city offers a platform for mentoring, investment, and growth, making it an attractive destination for young business talent.
The city's cultural diversity, high quality of life, and vibrant ecosystem further contribute to its appeal. Dubai's cosmopolitan atmosphere encourages cross-cultural collaboration and innovation, allowing young entrepreneurs to tap into a diverse consumer market. Its robust digital infrastructure and commitment to becoming a smart city also align with the tech-driven aspirations of young business leaders, providing them with the tools and connectivity essential for success in the digital age.
In summary, Dubai's blend of economic opportunities, supportive policies, and a forward-thinking ethos creates an unparalleled environment for young entrepreneurs. It is not just the city's architectural marvels that are growing but its reputation as a crucible of innovation and entrepreneurship, attracting the brightest young minds looking to make their mark on the global stage.
Saleh Tabakh
Andalusia courtyard
+971 56 100 7008
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