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29.06.20226381Dubai Land Department has partnered with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, on landmark initiatives aimed at boosting and strengthening the UAE’s real estate proposition. His Excellency Sultan Butti bin Mejren, Director General of DLD said: “The real estate industry in the UAE is one...
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28.06.20225724BlackOak is a new generation of real estate agency taking on the traditional larger players, with an exceptional business model and leadership. It has created a very professional institutional type retail brokerage platform by investing in a team of high-calibre agents trained in real estate sales, investments, finance and markets. “BlackOak was...
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28.06.202212071The 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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27.06.20225351Dubai 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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27.06.20228184At 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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26.06.20225674The 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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25.06.20226557Dubai 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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24.06.20227915Currently, 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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24.06.20226707Dubai’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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23.06.20225982The 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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