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18.07.202114991Luxury real estate is a fundamental segment of UAE real estate market, which has largely determined the popularity of the region for tourists, ex-pats, and investors. The largest developers in the country have made their world renowned names in luxury real estate. This sector is the main reason many wealthy buyers, ex-pats, and investors have...
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15.07.20218252128 plots sold for USD 232 million, 1,218 apartments and villas sold for USD 759 million. 1,826 real estate and property transactions amounting to USD 1.4 billion in total were recorded in Dubai during the week from 8 to 15 July, 2021. 128 plots sold for USD 232 million, 1,218 apartments and villas sold for USD 759 million. The largest land...
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15.07.202111191Health tourism is currently one of the largest kinds of tourism. Before the 2020 pandemic, up to 20,000,000 people globally were participating in such tourism every year and the sector generated up to 80,000,000,000 US dollars. This is data for 2017-18. The average cost of a tourist per visit usually ranges from $ 3,000 to $ 10,000. Most tourists...
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14.07.202111373Property sales prices in Dubai increased between 6 percent to 20 percent in the first half of the year, says Bayut & Dubizzle. Sales and rents of properties in Dubai's most popular areas have jumped significantly in the first half of 2021 thanks to the government's proactive initiatives that have pushed up demand. The initiatives include...
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13.07.202118050United Arab Emirates is one of the most popular residential destinations for expats who are retiring. The region has a good climate - consistently warm and stable year-round weather. Naturally, this means that summers in this region are quite hot. However, the experience of living in such a climate for decades has forced the residents of the...
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13.07.20218224In June, Dubai’s property market maintained its resounding recovery and demonstrated resilience, with a 2.1 percent price spike, the eighth monthly surge in a row. European buyers, mostly end-users, tend to relocate their families to the relative safety of Dubai, which have been driving a significant rebound in the emirate’s property sector as...
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12.07.20218526The developer will use the funds to accelerate the ongoing construction work at Aljada. Arada, a developing company based in Sharjah, has secured additional funding in the amount of USD 68 million from Dubai Islamic Bank for ongoing construction of its megaproject Aljada. At the beginning of 2021 Arada has already secured USD 81 million from...
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11.07.20218043The development consists of exclusive land plots and is located on the south-west side of Abu Dhabi’s main island. The developer Aldar Properties has announced the launch of the second phase of the Al Gurm development, a waterfront community on the south-west side of Abu Dhabi’s main island. Al Gurm features 71 new plots. The project...
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10.07.202111452Real estate under construction or off-plan real estate is a fairly new trend in the real estate market and indicative of our time, when promises, expectations and obligations are often more expensive and bring more profit than purchasing or investing in something that really exists. Dealing with off-plan real estate is a rather risky undertaking...
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10.07.202111433The concept of the project, inspired by the tales of Aladdin and Sinbad, was greenlighted in 2014, the construction started in 2016 and is currently in progress. The emirate of Dubai is famous for its mega residential and commercial projects. From the artificial marvel Palm Jumeirah to the world’s tallest building Burj Khalifa, the city has pushed...
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