BackDubai welcomed the new year in grand fashion, with 23 fireworks displays spread out across the city. It was a grand spectacle that was designed to bring about a cheerful end to what had been a turbulent year, but it was also symbolic of the resilience that the city, and the nation, has displayed during these times. And it was a spectacular way to begin what is expected to be a very exciting year. Here are the five things we are most keenly anticipating in 2023.
The era of the super prime residence
We have pegged 2023 as the ‘Year of the Penthouse’, when some of the most prestigious apartment projects across the city will be coming to fruition. We have The Residences Dorchester Collection located alongside the Dubai Canal, which features an incredible contemporary aesthetic and will benefit from the services of the famed Dorchester Collection hospitality brand. One at Palm Jumeirah, home of Dubai’s most expensive penthouse, is expected to be ready this year and will also be serviced by The Dorchester Collection. Following on from the opening of the stunning W Hotel on Palm Jumeirah last year, the W Residences will be handing over early in the year as well. Most exciting of all, however, is the Royal Atlantis Resort & Residences, which is billed to be the first true super prime residential project in Dubai. From the design to the location to a fantastic array of resort-style amenities, this will be unlike any other project in the city or the region and we cannot wait to see it completed.
Restaurants for every appetite
Image Credit: Dinner by Heston, London
New government initiatives
In the past two years, Dubai has announced sweeping changes and reforms to its legislature and its immigration policies. We have seen the introduction of long-term visas for investors and residents fulfilling certain eligibility criteria, ‘golden visas’ that offer the equivalent of permanent residency, retiree visas, and a host of changes that include 100% foreign ownership of mainland companies, legal cohabitation between unmarried couples, and legal purchase of alcohol without a special license. One key legal change announced late last year was a change in inheritance laws and division of assets after divorce. And of course, there was the biggest news of all - the Abraham Accord, a peace treaty between the UAE and Israel that will see increased cooperation between both nations. As we step into a new year and a new decade, we can undoubtedly expect to see some new and exciting initiatives announced this year, and will keep our eyes and ears open for the latest happenings.
Expo 2020
Image Credit: Expo 2020 Dubai