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11.06.20218464The 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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10.06.20217414219 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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09.06.202122728The 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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09.06.2021749977 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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07.06.20217784USD 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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06.06.20218790Property 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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05.06.20217543The supply-demand imbalance has been a defining feature of the emirate’s residential market. Dubai’s property prices held down for over half a decade by a supply glut will likely stay on the sidelines of a global upswing in values of prime residential real estate, Bloomberg reported, citing Knight Frank research.The emirate's construction industry...
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04.06.20218223The developer plans to build branded luxury homes and an ultra-luxury boutique hotel in space between the One & Only and W Hotel resorts. Dubai-based developer Nakheel announced it had sold one of the few remaining beachfront plots on the West Crescent of Palm Jumeirah to UAE real estate company Select Group and its joint venture partner...
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03.06.20217382164 plots sold for USD 222 million, 1,030 apartments and villas sold for USD 604 million. 1,623 real estate and property transactions amounting to USD 1.6 billion in total were recorded in Dubai during the week from May 28 to June 3, 2021. 164 plots sold for USD 222 million, 1,030 apartments and villas sold for USD 604 million. The largest land...
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02.06.202112805Whether you are a tourist, foreign professional, investor, or businessman, it’s most likely that you have already come across Dubai’s popularity with regard to real estate on more than one occasion. So if you are one of the few who has encountered this sort of thing, then you might even already have taken the chance to invest in the Emirate’s real...
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