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15.01.20242432During the first two weeks of 2024, the emirate of Abu Dhabi witnessed 348 property sale and mortgage transactions, totalling around AED 1.9 billion (USD 517 million). The Abu Dhabi Department of Municipalities and Transport is associated with the "DARI" platform, which reports that 215 mortgage transactions were registered, resulting in a total...
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15.01.20242662The International Monetary Fund (IMF) reports that among all countries, real estate prices in the United Arab Emirates grew at the fastest rates in 2023. According to the Fund's data, the UAE is among the top ten countries where real estate prices have grown the most since the beginning of the pandemic. According to data from the Bank for...
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14.01.20249300Few people know that in Dubai and other emirates, you can rent an apartment with the option to buy. This type of real estate transaction is known as rent-to-own or rent-to-buy and has become increasingly popular among expats in recent years. Essentially, this scheme is similar to a mortgage but comes with more flexible terms. Many prominent...
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10.01.20246556Registering a company in the Emirates is one of the ways to obtain a long-term residence permits, also known as a residence permit. Currently, there are over 10 million residents in the United Arab Emirates, of which only 12% hold citizenship. The remaining residents are foreigners, typically holding residence visas. Expatriates choose Dubai, Abu...
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08.01.20244590At the beginning of February, RERA, the real estate market regulator in Dubai, began actively combating the proliferation of fake property listings, which have long been a problem for the market. Threatening online platforms with legal consequences and demanding the removal of such listings, the regulator managed to drastically reduce their number...
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06.01.20246234Dubai boasts numerous shopping centres with an extensive range of brand-name stores and a wide assortment of luxury goods, making it a paradise for shopping enthusiasts. Practically every district of the emirate has a mall or shopping complex, providing residents of apartments in Dubai with easy access to essential goods, services, and grocery. The...
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04.01.20245657Economists indicate that the construction sector and real estate market in Gulf countries, particularly the UAE, Saudi Arabia, and Kuwait, will maintain momentum for growth in the first half of 2024. Growing demand, governmental support, and economic growth create a favourable environment for development. Specifically for the United Arab Emirates,...
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31.12.20235869The Dubai real estate market remains a popular destination among international investors, especially those seeking opportunities to diversify their assets. The popularity among foreign buyers has allowed the emirate to attract over $100 billion in real estate investments in 2023, and now positions it for a projected 5% market growth by the end of...
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29.12.20236977Today, you can buy property in Dubai both by visiting the country and remotely. This significantly enhances the attractiveness of the local market among foreign investors who consider housing in the Emirates as a lucrative asset for passive income. The average ROI of flats and villas in Dubai varies from 5% to 8% per year. Many investors acquire...
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27.12.20237685Over the past two years, the cost of real estate in Dubai has risen by more than 30%. However, a sharp gap has emerged between the prices at which finished properties are sold and the prices of projects in newly constructed buildings. Content: To sell or to hold? Record price gaps What explains such a price gap? Reidin-GCP report To sell...
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