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01.03.20233432According to the Dubai Land Department (DLD), on Monday, February 20, 2023, 561 purchase and sale transactions totaling AED 1.7 billion were made in the Dubai real estate market, as well as 100 mortgage transactions totaling AED 94.43 million and 61 gift transactions totaling AED 65.91 million. 34 plots of land worth AED 268.94 million and...
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01.03.20233553Along with food and clothing, housing is one of the most pressing basic human needs. Against the backdrop of such planetary problems as climate change, loss of biodiversity and environmental pollution, the world today is also facing a double blow of population growth – projected to reach 8.6 billion in 2030 and 9.8 billion by 2050 – and growing...
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01.03.20233322The rent in Palm Jumeirah continues to rise in 2023. The penthouse in the One at Palm skyscraper was rented for AED 1.7 million per month. The deal represents one of the largest single apartment rental deals in Dubai this year. Despite the high rent, the 4-bedroom penthouse with an area of 445 square meters was in demand because it was the...
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01.03.20233672In the Dubai real estate market, over the last month and a half of 2022, several apartments were purchased in a new tower on Sheikh Zayed Road in the amount of AED 650 million. It is reported that this is the most expensive real estate deal in Dubai to date in 2023. The new building offers houses and apartments with 2, 3 and 4 bedrooms...
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01.03.20234071In addition to 384 purchase and sale transactions totaling 966.26 million dirhams, 78 mortgage transactions totaling 548.97 million dirhams and 48 gift transactions totaling 186.61 million dirhams on Wednesday, according to data released by the Dubai Land Department (DLD). The sales included 350 houses and apartments worth 805.39 million...
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01.03.20232884Another example of how Falcon Island is rethinking exclusive life on the island: the developer of the complex recently put up for sale separate villas with 4-5 bedrooms with sea views and villas with 3-4 bedrooms with canal views at a price of 6.5 to 10 million dirhams ($1.77 — 2.72 million) and from 3 to 4 million dirhams ($820,000 — 1.09 million)...
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01.03.20233223The unrivaled Gems Estates project, developed by the leading construction company, Damac Properties, is located in the premium area of Damac Hills, in close proximity to the golf courses. The residential community includes premium residences designed by the emirate's key developer in collaboration with jewelry brand, de Grisogono, and renowned...
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01.03.20233420During the week ending February 17, 2023, a total of 2,702 real estate transactions were made in the amount of 10.4 dirhams. For a total of 1.42 billion dirhams and 4.63 billion dirhams, respectively, 221 plots and 1,866 houses were sold. Land in Business Bay, which was sold for 150 million dirhams UAE, took first place, followed...
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01.03.20233338According to data provided by the Dubai Land Department (DLD), on Monday, February 13, 2023, 490 sales worth 1.17 billion dirhams were registered in the Dubai real estate market, as well as 86 mortgage agreements totaling 177.94 million dirhams and 15 gift transactions totaling 55.81 million dirhams. The sales included 49 land plots worth...
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01.03.20233818An apartment in Bulgari Resort and Residences in Dubai has set a new record for the highest price per square meter in the city. A three-bedroom property on Jumeirah Bay Island was sold for 40 million dirhams ($10.9 million), which corresponds to 12,624 dirhams per square foot or $37,108 per square meter, amid a growing real estate market,...
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