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28.06.202210320The political and economic stability of the United Arab Emirates makes this one of the most attractive countries for investment and permanent residence. The increased demand for real estate in Dubai and other emirates has recently been driven by strong buyers' confidence in the country. As soon as the international borders were opened, wealthy...
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27.06.20223866Dubai real estate market recorded 563 sales transactions worth AED3.46 billion, in addition to 96 mortgage deals of AED431.66 million, and 20 gift deals amounting to AED91.24 million on Thursday, data released by Dubai's Land Department (DLD) showed. The sales included 488 villas and apartments worth AED991.07 million, and 75 land plots worth AED2...
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27.06.20226514At the end of the COVID-19 pandemic and the post-COVID market recovery, analysts noted a new tendency in demand for residential properties in the United Arab Emirates. It is about a shift in the buyer's interest towards ready-made houses instead of off-plan units, and especially towards apartments. This shift has been predicted for a long time....
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26.06.20224070The Dubai real estate market has recorded real estate transactions of around AED 3.9 billion ($1.06 billion) in value on Thursday last week, regulator data showed, as the UAE property market continues post-pandemic recovery. Dubai Land Department (DLD) said 563 sales deals were made amounting to AED 3.46 billion, while 96 mortgage transactions...
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25.06.20225071Dubai residential market is expected to record Dh61.9 billion worth of villa and apartment transactions during the first five months of this year despite record spike in worldwide inflation, latest report shows. Global property consultant Knight Frank believes that the impact of global inflation on the UAE economy and Dubai’s residential market is...
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24.06.20226401Currently, over 700,000 residential units have been sold in the UAE. The construction sector needs to market 25,000 to 30,000 properties to accommodate a growing population every year. And although the market has been booming recently in terms of construction volumes and increased demand, its future becomes more and more foggy because of global...
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24.06.20225015Dubai’s real estate market witnessed 6,651 real estate transactions worth $4.98 billion (AED 18.3 billion) in May 2022, marking the highest figures for the month of May in 13 years in terms of real estate sales volume and value. The transaction figures reported in May 2022 also marks a 51.5 percent increase year-on-year for sales volume and a 65.4...
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23.06.20224607The real estate and properties transactions were valued at AED6.7 billion in total during the week ending Friday, 17th June. The sum of transactions was 2,423, data released by Dubai's Land Department (DLD) showed. The sales included 213 plots sold for AED1.03 billion, as well as 1,652 apartments and villas sold for AED3.8 billion. The top three...
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22.06.20224083UAE property market growth still soars in 2022. During 2021, Dubai recorded over 52,000 apartment and villa real estate transactions, totalling Dh114.2 billion, which was more than the total for 2019 and 2020 combined. Meanwhile, about 15,000 property transactions tallying to a total value of Dh71.5 billion dirhams were recorded in Abu Dhabi last...
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22.06.20229520The year 2022 continued the positive trend of 2021’s success and paved a new path for the real estate market in the UAE. This post highlights the records of two of the most outstanding emirates – Abu Dhabi and Dubai – that demonstrated tremendous growth across the key areas of the real estate market in H1 2022. Content: Growth Drivers in Abu...
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