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11.12.20222241Sharjah's leading developer has begun construction of its first Dubai property in Jumeirah Golf Estates, townhouses and villas priced from 3.5 million to more than 30 million dirhams. The sales have begun as the developer prepares for the upcoming expansion phase, targeting markets outside Sharjah. The land in Palm Jumeirah was purchased...
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11.12.20222020According to the latest Dubai Land Department data released on Friday, Palm Jumeirah continues to be the preferred destination in Dubai for super-rich real estate investors. According to statistics, the artificial island of Dubai continues to be the preferred place for the sale of individual plots, as well as apartments and villas in the...
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11.12.20222334It is expected that in 2022 in the Dubai residential real estate market, supply volumes will decrease, despite high demand, as rising construction costs and supply chain problems affect the timing of the project and further increase in the sale price. Apartments and villas are expected to face a shortage of at least 15% of residential...
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11.12.20222254According to data provided by the Dubai Land Department (DLD), on Tuesday, November 15, 2022, 553 purchase and sale transactions worth 1.43 billion dirhams were made in the Dubai real estate market, as well as 107 mortgage transactions totaling 387.11 million dirhams and 12 gift transactions totaling 43.73 million dirhams. More than 1.8...
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11.12.20222474Dubai's real estate market continued its growth in October 2022, with prices rising significantly throughout 2022. Average prices rose by 8.5% for apartments and 13% for villas in the year to October 2022, data compiled by the real estate consulting company CBRE showed. On a monthly basis, prices for apartments increased by 1.4%, and for...
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11.12.20222491According to the executive director, the upcoming gaming and integrated resort of the American hotel operator Wynn Resorts in Ras Al Khaimah will be larger than its Las Vegas facility. Construction of the foundation will begin in the middle of next year. In early 2023, he hopes to make rendering, programming, and plans more accessible. At the...
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11.12.20222286According to the data, 4,441 properties worth more than 21.04 billion dirhams were sold in the Abu Dhabi real estate market in the third quarter of 2022. According to the Department of Municipalities and Transport (DMT), the emirate reported 1,995 real estate transactions totaling 5.39 billion dirhams and 2,446 mortgage transactions...
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11.12.20222075A villa on the popular Palm Jumeirah Island in Dubai has been rented for six months for 4 million dirhams ($1.09 million) as rents for luxury properties across the city are skyrocketing. With a one-year lease, this will equal a record 8 million dirhams, surpassing the previous record of 7.5 million dirhams set by a villa in Emirates Hills...
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11.12.20222386The largest developer in the UAE has begun construction of a new skyscraper in Dubai in partnership with the famous jewelry and watch brand Jacob & Co. The building should become the tallest residential building in the world. The height of the Burj Binghatti Jacob & Co Residences complex, which will have more than 100 floors, has...
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08.12.20225352The procedure for buying property in Dubai, UAE is relatively simple and affordable, although it has unique features. According to experts, property buyers should determine their goals and evaluate their financial capabilities. It is necessary to approach the choice of a property wisely. Ideally, before entering the market, it is worth studying the...
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