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24.02.20228264The Department of Municipalities and Transport (DPT) has launched the first of its kind platform to ensure transparency in the Abu Dhabi real estate sector. Due to DARI digital services system, community members can be protected from any real estate fraud, unscrupulous agents, online ads about non-existent projects and proposals. On the...
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24.02.20227030The total value of Abu Dhabi real estate transactions exceeded 71 billion dirhams last year, with higher growth expected in 2022. In 2021, a total of 14,958 transactions worth 71.5 billion dirhams were made, reflecting a positive trend in the context of the pandemic, said Adeeb Al Afifi, executive director of real estate at the...
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24.02.20226394Buyers snapped up real estate in Dubai with a total value of 4.5 billion dirhams ($1.2 billion) in a week, the Dubai Land Department (DLD) said on Friday. The property includes 252 plots worth 1.1 billion dirhams, as well as 1,437 apartments and villas worth 2.47 billion dirhams. It was sold during the previous week. The...
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22.02.202220003Dubai is a great place to buy an apartment. In this lively, modern metropolis, there’s a wide selection of real estate under construction and ready for residence. Foreign investors have a great opportunity to purchase housing and become its rightful owner. To do this, you need to purchase an apartment or villa located in freehold territory. All the...
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21.02.20227757According to a new analysis, rents and property prices in Dubai are expected to decline over the next few months as tens of thousands of new residential units are expected to be commissioned this year. According to the consulting company Asteco, the real estate market, which has been on the rise for several months, may see about 30,000 new...
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21.02.20226058According to a report by the Abu Dhabi Department of Municipalities and Transport (DMT), real estate transactions worth 71.5 billion dirhams were registered in Abu Dhabi in 2021. Yas Island tops the list of the most common areas with 4.1 billion dirhams in real estate transactions. Greek Islands ranks second with 3.2 billion dirhams,...
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21.02.20227452From the point of view of real estate, some buyers believe that prices in Dubai are currently at their peak, and prefer to refrain from buying any real estate, expecting that prices will decrease after April. There was no sharp rise in prices in the real estate market due to the exhibition, and it goes without saying that a sharp drop is...
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21.02.20227789The first ownership documents are issued in Dubai as part of «fractional» ownership of real estate, which can significantly expand the investor base in the local real estate market. In its simplest form, «fractional» ownership allows several investors to purchase an apartment, villa or other types of real estate, and each of them has ownership...
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20.02.20226920Due to a house in District One, rented for a staggering 7 million dirhams, the Dubai real estate market will surely start in 2022. The identity of the tenant has not been disclosed, but it is known that as part of the deal he received a free rent for one month. During 2021, both rental and sale prices in District One have skyrocketed. For...
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18.02.202219678When buying a property, investors need to choose between an off-plan or a ready-made house or apartment. If your goal is to buy real estate in Dubai and save money at the same time, then it’s best to consider off-plan real estate. Of course, not all investors want to invest in an off-plan residence because it can come with some risks. But remember...
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