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13.01.20225819The total value of real estate transactions in Dubai last year broke a 12-year record, reaching 151.07 billion dirhams. In 2021, 59.6% of all transactions accounted for secondary/finished real estate and 40.4% for off-plan projects. 24,761 real estate units worth 45.5 billion dirhams were sold on the off-plan real estate market, and 36,480...
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13.01.202210483United Arab Emirates aims to attract citizens from other countries. It is no accident that the population of Dubai, one of the largest cities in the country, is made up of two-thirds of foreigners. People who are thinking of moving to the Dubai have a lot of questions regarding real estate purchases, the visa regime and life in UAE. We would like...
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13.01.20225273The rental market in Dubai recovered strongly last year as the economy improved due to a successful vaccination program and the gradual opening of international borders. Referring to the latest report published by ValuStrat, the consulting company, analysts and industry experts said that rents for residential and commercial real estate...
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13.01.20225760Dubai demonstrates an attractive offer for both businesses and individuals. Whether it's a multinational company looking for a new headquarters or expats looking to start a new business, the emirate remains an extremely desirable place. In the first 10 months of 2021, 55,000 new companies were registered, as well as an influx of 2,000...
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10.01.20226553Jumeirah Village Circle (JVC), Al Nahda, Mirdif, Dubai Silicon Oasis and Akoya Oxygen have become the most popular areas of Dubai for renting apartments in the affordable segment. A study published by Zoom Property on Monday said that in the third quarter of last year there was an increase in the cost of renting studios, one-bedroom and...
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09.01.20226659Average real estate prices in Dubai have increased by almost 17% during 2021, which is a record since 2014. According to the ValuStrat price index, the monthly capital gain of villas in Dubai was 2.5%, while the increase in apartment prices was slightly less than 1%. However, the valuation-based index, which covers Dubai's residential real...
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On the first working Friday of 2022, transactions worth 689 million dollars were registered in Dubai09.01.20225580The value of real estate transactions in Dubai on the first working Friday after the adoption of the new weekly work system exceeded 2.53 billion dirhams (227 transactions). The total value of real estate transactions registered in the first week of the new year exceeded 7.24 billion dirhams (1766 transactions). Data from the Dubai Land...
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06.01.202253702021 turned out to be a significant year for luxury real estate in Dubai. During the year, mid-market property also began to rise in price, which indicates an increase in confidence in the real estate sector as a whole. As the experience of Dubai shows, tens of thousands of investors and end users benefit from the process of...
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06.01.20225780Over the past six months, a record number of investors have bought real estate in Dubai, which has become one of the best years for the local real estate market. According to Asteco, a real estate services company, more and more owners believe that now is the right time to profitably sell their real estate. From October to December 2021,...
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06.01.20225809Dubai's real estate market continues to serve as a key driver for the growth of various sectors and economic activity in the emirate. The real estate sector registered 84,772 transactions worth 300 billion dirhams ($82 billion) in 2021, according to an annual report published by the Dubai Land Department (DLD). The report showed a 65%...
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