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10.01.20232210Nest, an integrated student housing complex located in the Aljada megaproject in Sharjah, is completed. Nest Complex worth 700 million dirhams, which is a five-minute drive from the University campus in Sharjah, has 2,473 fully furnished dorm rooms (both private and communal) distributed among 12 residential buildings. The Nest project...
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10.01.20232611The well-diversified conglomerate Al Habtoor Group in Dubai will invest 9.5 billion dirhams in three new projects, as well as build the world's largest tower by the number of apartments. Khalaf Ahmad Al-Habtour, founder and chairman of Al Habtoor Group, said that the first project, located in the city of Al-Habtour, includes residential...
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10.01.20232572The Dubai Land Department (DLD) has presented its new strategic plan and vision defining the features and guidelines of its directions until 2026. The new strategy will be implemented in three stages and will involve DLD employees, partners and clients in the development of the department's strategic plan for the next stage. The...
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10.01.20232462According to Zoom Property Insights, Dubai's real estate market will continue to grow in 2023, as further increases in real estate prices and annual rents are forecast due to increased demand and interest from wealthy individuals (HNWI) and foreign investors. According to the latest data from Zoom Property Insights, real estate prices in...
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10.01.20232479The number of off-plan new property launches and sales is growing and reached a record high in November as Dubai's real estate market expands due to the epidemic. According to the latest November Property Monitor report, in November the number of launches of new unplanned development projects reached a record monthly high, adding an...
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10.01.20232702Rental rates in Dubai will continue to rise in 2023, especially in major markets where demand exceeds supply, while affordable areas are likely to see moderate rental growth. Rents in the emirate have tended to decline since 2014, but recovery has begun after the pandemic, as many foreign workers have returned with the recovery of the...
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10.01.20232478The Department of Municipalities and Transport of Abu Dhabi announced fines of 1 million dirhams for overpopulation of apartments and residential premises. Field inspections of residential areas will begin in the first quarter of 2023. Law No. 8 of 2019, issued for property owners, states that an apartment is considered overpopulated if the...
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10.01.20232107According to data provided by the Dubai Land Department, in the week ending December 23, 2022, 2,926 real estate transactions worth more than 9.1 billion dirhams UAE were made. (DLD). According to the DLD report, 2,233 houses and villas were bought for 5.44 billion dirhams of the UAE, while 159 plots were sold for 877.59 million dirhams of...
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09.01.20232627On Tuesday, it became known that it will begin construction of three new projects in Al Furjan, the cost of which will be about 300 million dirhams. The projects will have 400 unique apartments with one, two or three bedrooms, which will be divided between residential and hotel apartments. Amari Residences will be the first project, while...
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09.01.20232680The Danah Bay project on Al Marjan Island will add about 90 thousand sq. m. of luxury real estate in the emirate and will cost the developer AED 1 billion. Dubai Investments, a leading investment company listed on the Dubai financial market, has announced its intention to implement its flagship Danah Bay project with an area of about 90,000...
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