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20.02.20217127The number of deals sealed last year by non-GCC investors increased significantly by 32.5 percent. On the back of stimulus measures rolled out by the government to overcome the pandemic challenges, real estate transactions in Sharjah surged 5.1 percent. In 2020 the emirate recorded 64,459 transactions worth USD 4.3 billion in total. According to...
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19.02.20218146In 2020 the value of real estate mortgages amounted to USD 12 million, totalling 11,000 transactions. The value of real estate transactions in Abu Dhabi in 2020 totalled USD 20.14 billion, 28 percent higher compared to 2019, which recorded a value of 15.7 billion. 19,000 transactions were concluded in the emirate during the previous year,...
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18.02.2021734380 plots of land were sold for USD 113 million and 776 apartments and villas were sold for USD 334 million. 1,277 real estate and property transactions amounting to USD 1.3 billion were registered in Dubai during the last week ending 18 February 2021. 80 plots of land were sold for USD 113 million and 776 apartments and villas were sold for USD...
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17.02.20218265Due to "sustained interest from investors, both domestic and foreign", Emaar managed to achieve USD 2.9 billion worth of property sales during 2020. Emaar Properties, Dubai's largest listed developer by market capitalisation, reported 'sustained interest' from investors, despite a 20 percent decrease in full-year revenue for 2020 caused by the...
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12.02.2021725164 plots sold for USD 115.6 million, 846 apartments and villas sold for USD 367 million. 1,270 real estate and property transactions amounting to USD 1.2 billion in total were recorded in Dubai during the week from 4 to 11 February 2021. 64 plots sold for USD 115.6 million, 846 apartments and villas sold for USD 367 million. The largest land...
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11.02.20217921The company sold USD 93 million worth of properties in one month. According to UAE-based developer Nakheel, demand for high-end properties with outdoor living spaces continues to grow in 2021, as lifestyle changes became a priority in the wake of the COVID-19 pandemic. The master builder of the Palm Jumeirah registered record sales in January,...
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10.02.20218239Around 7,000 apartments and villas are scheduled for delivery before the end of the year. Real estate consultancy CORE reported on Monday, that residential supply handovers in Abu Dhabi were expected to hit their highest level in approximately half a decade, as several projects were scheduled for completion before the end of 2021. Compared to...
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09.02.20218330Capital values of residential homes approached stabilization as the downward trend gradually came to a standstill. However, sales transactions have dipped by nearly a third. Property prices in Dubai are showing signs of a slight uptick after falling for months due to the coronavirus pandemic. However, sales transactions have dipped by nearly a...
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08.02.20218152The government’s economic stimulus packages and prompt measures to prevent oversupply in the market have played an integral role in enhancing the competitiveness of Abu Dhabi’s real estate sector, stated Bayut & dubizzle’s annual report for 2020. Property markets across the globe have felt the impact of the uniquely challenging year that was...
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06.02.20218359The Shaista project features over 284 apartments spread across 12 residential floors and over 7,100 square feet of retail space. Renowned developer Azizi Developments announced in January that its Shaista project, a well-connected residential project in Dubai, is 97% complete. Located in Al Furjan, the building is expected to reach completion...
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