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Property sales in Dubai reached USD 19.8 billion – the market has recovered by 270 percent since May03.02.20215133Dubai’s real estate market is steadily recovering from its lowest levels, with transactions standing at USD 19.8 billion for the whole year, the latest data showed. According to Dubai’s official sales price index Mo’asher, an initiative by the Dubai Land Department (DLD) and Property Finder, 35,400 transactions worth USD 19.8 billion were...
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02.02.202118718A residence permit in the United Arab Emirates allows you to stay in the country for two to three years. In some instances, you can even stay in the country for up to five or ten years. So if you are planning on staying in the UAE for an extended period, you will have to apply for a residence permit. Furthermore, you can also apply for a residence...
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02.02.20214961According to the property market analysts, the risk is low that a resurgence in COVID-19 will derail the housing market. Dubai's house prices are expected to fall at a slower pace this year and next than previously thought as hopes for a successful vaccine rollout and an economic recovery boost confidence in the sector, a Reuters poll showed...
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01.02.20215372The Masaar project will feature 4,000 housing units and will be delivered in phases starting from 2023. On Sunday, UAE development company Arada announced the launch of a new upmarket gated residential community project in Sharjah. The project is estimated at USD 2.2 billion. The announcement was made in the backdrop of fewer project launches in...
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31.01.20214858The developer gives a 10 percent discount on all these projects without a down payment. Reportage Properties, UAE's leading real estate developer, offered a special package to investors and prospective buyers for its projects in Abu Dhabi and Dubai at a sales event that took place in the Habtoor Grand Resort in Dubai on January 30. As part of the...
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30.01.20215571Standing tall at 76 meters, DT1 is the fifth residential development of Ellington in Dubai. Ellington Properties, a Dubai-based boutique property developer, has started handing over units in its DT1 residences located in Downtown Dubai. The building is 76 meters high and has an area of 20,000 square meters. DT1 is Ellington's fifth...
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29.01.2021490286 plots sold for USD 83.8 million, 621 apartments and villas sold for USD 280 million. 1,257 real estate and property transactions amounting to USD 1.07 billion in total were recorded in Dubai during the week from 21 to 28 January 2021. 86 plots sold for USD 83.8 million, 621 apartments and villas sold for USD 280 million. The largest land...
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28.01.20215315According to Data Finder, the real estate insights and data platform under Property Finder Group, listings for apartments for sale in 2020 were dominated by Al Reem Island and Al Raha Beach. As all other global markets, Abu Dhabi's residential property market witnessed a turbulent 2020, too. It declined slightly during the peak of the COVID-19...
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27.01.20216128Bayut & Dubizzle 2020 Annual Property Market Report revealed that sales and rental markets in the emirate have shown a high level of tenacity. Dubai's real estate market showed signs of recovery in the second half of 2020, despite the mobility restrictions and economic downturn caused by the coronavirus pandemic. Bayut & Dubizzle 2020...
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26.01.202132511The United Arab Emirates is known all around the world for its hypermodern cities, iconic buildings, glistening skyscrapers, and other spectacular projects. But all of this has come about thanks to property developers who have immensely contributed to the UAE real estate sector’s success and flourishing. Many UAE property developers became quite...
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