News and articles

  • Property prices in Dubai steadily recovered and increased by 9.5 percent in the last six months due to the strong demand. According to the latest analysis issued by Property Monitor, demand for premium properties in Dubai has surged recently: dozens of luxury homes have been sold in just a few months in some of the prime locations of the emirate...

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  • The United Arab Emirates has always been famous for its innovative attitude, especially when it comes to introducing the most advanced technologies into the economy. And the so-called “crypt” in slang, which has now become one of the aspects of modern life, is also included where this is concerned. So then, it should come as no surprise that...

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  • Construction of Noya Luma is due to begin in November 2021. Aldar Properties (Aldar) has announced the launch of a new project on Yas Island – Noya Luma that comprises 189 standalone villas. Noya Luma is part of the Noya community located on the north side of the island and is open to buyers from all nationalities on a freehold basis...

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  • The developer has completed 21 percent of the third and fourth phases of the Midtown project. Dubai-based developing company Deyaar Development is planning to announce the launch of a a new residential project in 2021, the developer said on Sunday.  'We are currently at the final stage of planning for one of the distinguished...

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  • 187,949 contracts were registered in the Ejari system during the abovementioned period. Dubai recorded 25,455 real estate transactions worth USD 25 billion from January to April 2021. This is an increase of 51 percent in terms of the number of transactions and 72 percent in terms of their value compared to the same period in 2020. Dubai's real...

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  • Buying off-plan property is a good option for investors looking for a more affordable price. Compared to ready-to-use properties off-plan units or those that are still on the plan are less expensive. Below are eight useful tips that a real estate investor should take into account when purchasing off-plan property in UAE.   1...

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  • Murooj Al Furjan includes two new gated communities with family villas and a wealth of amenities. Nakheel, a Dubai-based master developer, has launched Murooj Al Furjan, a residential community comprising 418 villas at Al Furjan, of its largest and most popular mixed-use developments in Dubai. Murooj Al Furjan includes two new gated communities...

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  • The 592-unit, 35-storey building is scheduled for completion in September 2023. Sobha Realty, a developer based in Dubai, unveiled on Wednesday the launch of Waves residential tower in Sobha Hartland, the eight million square feet freehold master development in Dubai's Mohammed Bin Rashid Al Maktoum City.  The 592-unit, 35-storey building is...

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  • 120 plots sold for USD 238 million; 1,038 apartments and villas sold for USD 552 million. 1,562 real estate and property transactions amounting to USD 1.1 billion in total were recorded in Dubai during the week from 13 to 20 May, 2021. 120 plots sold for USD 238 million; 1,038 apartments and villas sold for USD 552 million. The largest land...

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  • Against the backdrop of the 2020 pandemic, there have been new changes regarding the acquisition of real estate by foreigners. A year ago, the Dubai Lands Department (DLD) officially authorized remotely conducting purchase and sale transactions, and leasing commercial and residential properties through special online services. It is now possible to...

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