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11.12.20223035According 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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11.12.20222988A 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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11.12.20223698The 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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08.12.20227461The 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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01.12.20226549Recently, Dubai and the UAE have become the focus of international media attention. Many celebrities and influential people buy real estate in Dubai and relocate to the United Arab Emirates for permanent residence. Ex-pats choose the UAE because of the country’s stable political and economic climate, knowing they can enjoy many sunny days a year....
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24.11.20229136Many overseas investors and buyers who want to purchase real estate in Dubai and the UAE for the first time are asking similar questions. Emirates. Estate has prepared an article to answer the most common questions and explain important aspects of buying properties in the UAE. Content: Types of property ownership Freehold zones in...
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17.11.20229474The UAE’s economic success has encouraged many foreign nationals to acquire real estate in Dubai as an investment option and for business purposes. As a result, capital gains from rental revenue are possible. But there are risks involved with purchasing property in another country, just as there are issues with other forms of investment. We will...
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03.11.20227490For anyone planning to purchase real estate in Dubai, it is worth knowing about the option of property insurance. Its importance can’t be overestimated, since it is insurance that provides financial protection against natural disasters and other risks. A standard policy insures the house itself as well as its contents. This article aims to further...
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02.11.20226427The Dubai real estate market has only continued to gain momentum, driving demand for elite housing units in the third quarter of the current year. For this period of time, the growth in sales peaked at 70 billion AED. These three months have been the most successful in the history of the local market, with an 18% increase if compared to the second...
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01.11.20223901The boom in the Dubai real estate market has lately been drawing increasing numbers of foreign buyers who are looking for a second home and/or a buy-to-rent property. Wealthy Russians have traditionally been particularly active in this market. They are usually interested in beachfront properties, according to Sean McCauley from Devmark Group (a...
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