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29.01.20232893As more and more investors enter the market as a result of Sharjah's decision to allow ownership of real estate, the value of real estate in the emirate has increased by 15-20% since October 2022. The increase in value may also have been facilitated by transactions on the secondary market, especially with recently transferred real estate in...
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29.01.20232492Within 24 hours after the public launch of the Sustainable City – Yas Island project, 100% of sales were closed, which brought in more than 1 billion dirhams. Another 352 townhouses and condominiums, which are planned to be commissioned at subsequent stages, are currently put up for sale due to high demand. At the first stage of...
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29.01.20232415On Monday, January 23, 2023, it became known about the launch of AIRE Dubai. The project, which is located in the center of Downtown Dubai, was created by Arquitectonica, and the interior design was done by the Australian firm McKimm. A large hotel-style swimming pool, an ultra-modern gym, yoga and pilates studios, an indoor spa,...
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29.01.20232686The Grand Millennium Resort will be located on Marjan Island, according to a contract signed by Dubai Investments and Millennium Hotels & Resorts. The 300-room hotel will operate under the Grand Millennium brand and be positioned as a top-class resort with branded restaurants and a variety of beach activities. It is expected that the...
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29.01.20232294Due to a number of unscheduled releases, apartment sales in Dubai rose sharply in Q4 2022, increasing by 164% year-on-year. According to Morgans Realty, the total volume of real estate sales in the emirate increased by 65% year-on-year and by 15% quarterly in Q4. Despite rising interest rates, the broker noted in an analytical note that...
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29.01.20232297According to PropertyMonitor, due to two consecutive years of double-digit price growth in 2022, Dubai overcame the problems of rising interest rates and inflation to remain a prominent global real estate market. Despite the decline from 1.33% per month in 2021, when annual price growth was just under 16%, the real estate data platform...
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On Tuesday, January 24, 2023, the volume of real estate transactions in Dubai exceeded $ 1.5 billion29.01.20232301According to data published by the Dubai Land Department (DLD), 520 purchase and sale transactions worth 1.22 billion dirhams were registered on the Dubai real estate market on Tuesday, as well as 72 mortgage transactions totaling 216.8 million dirhams and 15 gift transactions totaling 98.13 million dirhams. The sales included 80 land...
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29.01.20232487A new free attraction has been opened in Dubai – an observation deck with a stunning view of the Dubai Bay and the panorama of the Emirate. The terrace rises above the water at the level of 11.65 m. A 70-meter steel structure rises above the bay, and a 26-meter console is located directly above the water. The new attraction is part of the...
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29.01.20232416According to experts, Dubai real estate will play a significant role in achieving the goals of Dubai's economic program «D33» and attract billionaires and wealthy people to invest in one of the expanding sectors of the emirate's economy. Currently, 350 projects are under construction in the emirate, and it is expected that the real estate...
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29.01.20232423According to data provided by the Dubai Land Department (DLD), on Thursday, January 19, 2023, 490 purchase and sale transactions worth 1.12 billion dirhams were made in the Dubai real estate market, as well as 83 mortgage transactions totaling 212.23 million dirhams and 19 gift transactions totaling 130.63 million dirhams. The sales...
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