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03.05.20234063According to forecasts of the international consulting company Knight Frank, the Dubai luxury housing market in 2023 will record the highest growth rates among all elite markets in the world – up to 13.5%. Much of this is due to the imbalance of supply and demand and positive economic growth. The main demand is fueled by Dubai's status as a safe...
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02.05.202313790While it is technically possible for foreign nationals to obtain citizenship in the United Arab Emirates, in practice, it is something unthinkable to achieve. Meanwhile, the number of foreigners permanently residing in the Emirates exceeds 88.5%. This figure is the result of exceptionally friendly conditions for obtaining residence visas and, of...
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02.05.202319669From April 24, 2023, buyers of Dubai real estate will be able to easily check the legitimacy and relevance of ads for the sale of residential properties by simply scanning a QR code. The Dubai Land Department (DLD), through the Real Estate Regulatory Agency (RERA), has issued a circular confirming the launch of a new intellectual service called...
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02.05.20234827Dubai-based developer Samana Developers said that buyers from EU countries took more part in the company's latest project than customers from Russia, China, Indians and other foreigners who were leaders among foreign buyers of real estate in the emirate market in the past. According to other developers, this new trend is noticeable throughout the...
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27.04.20239755Investors are attracted to Dubai due to its advantageous taxation system, zero income tax, return on investment from 6 to 9% per annum, and the possibility of obtaining a residence visa for 3, 5 or 10 years. What projects should be considered first when investing in real estate in Dubai in 2025? This article presents off-plan projects...
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26.04.20239255Home sales in two key UAE emirates, Dubai and Abu Dhabi, rose sharply in the first quarter of this year. According to experts, this growth is caused by immigration reforms and a decrease in the cost of buying real estate to obtain a "golden visa" in the country. The value of transactions reached its new high — AED 528 billion (an increase of 77%...
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25.04.20237009Real estate in the United Arab Emirates has become a very popular investment tool among foreign nationals over the past year. However, this demand is not new. Today the development market in Abu Dhabi offers a lot of residential and commercial properties for sale. There is a huge demand for apartments and villas in Abu Dhabi. Why is it worth...
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24.04.20236265Sharjah's landmark initiative to grant the right to freehold real estate, launched a few months ago, caused a real estate boom, as a result of which the value of real estate transactions in the emirate increased in tandem with a surge in demand. According to official data, in March 2023, 3,386 transactions worth 1.7 billion AED were...
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24.04.20234719Dubai-based developer DAMAC Properties has launched the construction of the second building in the Canal Heights project - a 45-storey tower designed for luxury living by the sea in the prestigious central Dubai Business Bay area. The project appeared shortly after the successful launch of the first branded Canal Heights tower in the developer's...
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24.04.20235103As developers in Dubai increase the number of new off-plan projects to meet the still growing demand from overseas buyers, they are increasingly resorting to the help of some well-known names and brands. At first it was Fairmont, St. Regis or One&Only. Then such legendary names as Pagani, Bugatti, Aston Martin, Elie Saab and Cavalli were added...
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