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06.05.20228631Luxurious real estate is in very high demand in Dubai. A lot of wealthy people streamed into the Emirates after the government's efficient fight against the pandemic. Recently, costs rose by more than 44% in high-end neighbourhoods like Palm Jumeirah, Emirates Hills, Jumeirah Bay Island, and Downtown. After sustained growth for the past few...
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06.05.20228217Since the beginning of 2022, housing rents have increased in nearly all districts of Dubai, with the exception of Arjan, Bur Dubai, and Liwan. During the same period, the average rent rose by more than 13% in March. This is the highest monthly growth rate recorded in the last seven years. Industry experts connect rent increases with an influx of...
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06.05.20227277According to the Dubai Land Department (DLD), there were approximately 2,145 real property transactions in Dubai for a total of AED 6.3 billion for the week ended April 22, 2022. On Friday, the Department revealed a statement that 225 land plots were sold for AED 1.12 billion, 1,436 apartments and villas were sold for AED 3.2 billion. The...
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06.05.20227224The real estate market has demonstrated record growth since the beginning of 2022. The overall number of transactions peaked at 19,009 by the end of March. It is the best result in the history of the Dubai property sector. In Dubai, residential property costs are rising for several reasons: the sector has been booming with the help of the...
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06.05.20226139In the first quarter of this year, 25,972 real property transactions were registered in Dubai. It is the highest figure for quarterly transactions since 2010. A total of 20,539 sale-purchase transactions amounting to AED 55.51 billion (USD 15.11 billion) were registered from January to March. This information displays considerable growth in the...
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06.05.20226490In Abu Dhabi, property prices, as well as rental payments, are rising. The UAE economy is recovering from the recession caused by the Coronavirus epidemic. Residential sector According to a report from CBRE, a consulting firm, in Abu Dhabi, housing costs increased by 1.5% in the last 12 months (from March 2021 to March 2022). From the beginning...
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06.05.20229143Real estate developers in Dubai are focusing on 2-bedroom apartments and townhouses as on ideal investment options for buyers who wish to purchase a property for AED 2 million and receive a golden visa. An investor's down payment should be AED 200,000. It is 10 % of the investment value of AED 2 million required for obtaining a visa. The rest can...
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27.04.202210994This past 2021 was a landmark year in many ways for the UAE. A lot of travel, cultural, and residential projects were launched and completed in Dubai, Abu Dhabi, and the Northern Emirates. If you’re planning to buy property in Dubai, we’ll tell you about the most interesting and promising options. Content: Innovative breakthroughs and iconic...
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26.04.202212498When planning housing investment strategies, every single detail is quite important. The objectives of people who want to buy an apartment in Dubai are to spread out their budget and correctly calculate expenses. Let's take a closer look at what determines a budget, what extra costs the buyer pays, and how to calculate the minimum threshold to...
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25.04.20225773All parents want to give their children all the best: comfortable living conditions, safety, education, a happy childhood and a bright future. Dubai is ideal destination for that. Dubai is one of the most family-friendly cities in the world with first-class social infrastructure including top-notch entertainment facilities for children of all ages...
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