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15.06.20214862The real estate exhibition will be held at Expo Centre Sharjah in September 2021. The organizing committee of Acres 2021, Sharjah Real Estate Exhibition, has announced еру beginning of preparations to the 8th edition of the exhibition, one of the largest events of its kind in the region. Acres 2021 will take place at Expo Centre Sharjah from 23rd...
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14.06.20214978Aldhay community located near Khalifa Park will be completed by the third quarter of 2023, developer says. Property developer Bloom Holding based in Abu Dhabi started construction of the fifth phase of its Bloom Gardens project in the emirate. The developer has broken ground on Aldhay, a community consisting of 181 two-, three-, four- and...
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13.06.20215933Anecdotal evidence suggest that the majority of property buyers are UAE citizens and residents. Sales transactions in Dubai’s real estate market, that hit a serious setback when the world went into lockdown last year, have been breaking records during the last several months. Off-plan residential units in some development projects have been...
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12.06.20214614The company plans to invest USD 272 million in building new hotels in Ras Al Khaimah over the next five years. RAK Properties is targeting revenue of USD 109 million in 2021 as the as UAE’s property sector continues to recover from the crisis induced by the coronavirus pandemic. The developer, that made a net profit of USD 30 million on revenue...
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11.06.20215342The developer behind Burj Khalifa, the tallest building in the world, ranks third among the biggest companies on the Dubai Financial Market. Emaar Properties, the biggest Dubai-based real estate developer, registered a 250 percent jump in property sales during the first five months of 2021 amidst the economy's recover from the pandemic-driven...
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10.06.20214327219 plots of land were sold for USD 397 million, 1,418 apartments and villas were sold for USD 756 million. 2,069 real estate and property transactions worth USD 2.9 billion in total were registered in Dubai during the week from 4 to 10 June, 2021. 219 plots of land were sold for USD 397 million, 1,418 apartments and villas were sold for USD 756...
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09.06.202116075The emirate is recognised as the investment hub of the Middle East and a place with the most secure investment environment in the entire region. Approximately 85% of Dubai’s population consists of foreign citizens. Moody’s and S&P agencies note that the emirate’s investment attractiveness is stable and has a positive outlook. The advantageous...
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09.06.2021458077 percent of residential units sold were apartments and 23 percent were villas and townhouses, Property Finder said. UAE's leading real estate portal Property Finder reports that property transactions in Dubai jumped to a four-year high in May, which indicates that the market is steadily recovering from the last year's COVID-19 crisis. 4,429...
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07.06.20214793USD 817 million project is the first fully walkable community in Sharjah. Alef Group, the developer based in Sharjah, announced on Sunday, 6 June 2021, the completion of the first phase of the Al Mamsha project. Handover of residential and retail units is due to begin later this June. The first phase of the project consists of seven buildings...
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06.06.20215461Property created by a Ras Al Khaimah-based ship building company is part of a development that will contain a 156-room floating hotel and 12 mobile boat villas. UAE-based ship building and repair company Seagate Shipyard unveiled the first floating house, which will be part of its USD 237 million Sea Palace Floating Resort project. The project...
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