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02.06.20218723The list includes top 8 locations with the highest number of property transactions as of June 1, 2021. Activity at Dubai’s property market flatlined when COVID-19 broke out early last year. However, since the global lockdown was lifted and coronavirus restrictions eased, buyers have returned to the market snapping up all kinds of residential...
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01.06.20217873Realty deals during the above-mentioned period both in Abu Dhabi and Dubai amounted to USD 16 billion. UAE property market saw nearly USD 18.6 billion in sales transactions in the first quarter of the year. The successful result is a fresh sign that the worst is over and economic recovery is accelerating due to increased spending on infrastructure...
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31.05.20217578According to the developer, 53 percent of buyers were under 40 years of age and 31 percent were women. Abu Dhabi-based Aldar Properties has sold out its recently launched Noya Luma project in four hours. This generated sales of USD 152 million to the company. According to the developer, 53 percent of buyers of the 189 standalone villas,...
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30.05.2021770298 percent of the construction work at the Star project has been complete. Azizi Developments, a leading developing company in UAE, has announced that the construction of its well-connected condominium project, Star, is now 98 percent complete. The project is strategically located in the heart of Dubai’s new growth corridor – Al Furjan. The...
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29.05.20217855Experts say, an acceleration in Dubai housing market activity this year is more likely than a slowdown. Dubai property prices are expected to rise for the first time in six years this year due to a swift vaccine rollout that has lifted hopes for an overall economic recovery, according to a poll of real estate analysts carried out by Reuters...
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28.05.20217506148 plots of land were sold for USD 323 million, 1,008 apartments and villas were sold for USD 593 million. 1,599 real estate and property transactions worth USD 2.8 billion in total were registered in Dubai during the week from 21 to 27 May, 2021. 148 plots of land were sold for USD 323 million, 1,008 apartments and villas were sold for USD 593...
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27.05.20217700Property 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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26.05.202117165The 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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26.05.20219007Construction 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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25.05.20219031The 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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