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11.12.20224369Since it takes from 750 to 1000 days for the fastest completion of construction, more and more developers in Dubai are beginning to fulfill their promises and deliver objects on time. Developers who completed their projects last year did so in an average of 4.4 years. Of the 350 active projects, 86 were completed in Dubai in 2021. This led...
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11.12.20223867Millions of football fans flocking to Dubai and Doha for the World Cup want to buy real estate in Dubai, attracted by world-class security, better quality of life and high profitability that the emirate offers compared to other major cities around the world. During December 2022, millions of people will transit through Dubai and Abu Dhabi,...
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11.12.20224557Bay Residences is a luxury project located on the prestigious Hayat Island in Mina Al Arab. The magnificent coastal area, part of Ras al Khaimah, is located north of the seven emirates that together make up the UAE. Future residents of the complex will be offered apartments with 1-3 bedrooms ranging from 76 to 265 m2. Each residence has a...
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11.12.20224976On the second day of the Cityscape Dubai exhibition, Sobha Realty presented Sobha Hartland II, another multifunctional complex designed according to the master plan. The famous project covers an area of eight million square meters and is located in a very advantageous location, not far from Sobha Hartland. It has 90 acres of open space and...
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11.12.20224335Dubai is thinking about redesigning its rent index so that it is tied to specific buildings, rather than trends in the area. Although it is still only a proposal, if adopted, it will increase the transparency of the bid-setting process. The lessor or owner of the building will also be responsible for ensuring that their rental requests are...
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11.12.20224437Sharjah'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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11.12.20223910According 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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11.12.20224251It 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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11.12.20224254According 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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11.12.20225415Dubai'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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