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13.01.20227690Dubai 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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10.01.20228458Jumeirah 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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09.01.20228651Average 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 Dubai09.01.20227550The 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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06.01.202271642021 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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06.01.20227449Over 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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06.01.20227939Dubai'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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06.01.20228464According to Knight Frank, real estate prices in Burj Khalifa increased by 23% to 2,100 dirhams per square meter, as demand for luxury real estate remains high. Over the past 12 months, prices in the center of Dubai have increased by an average of more than 17%. The volume of housing sales in Burj Khalifa in 2021 amounted to 317 million...
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06.01.20227170In the near future, UAE residents will be able to live on an island with stunning views of the beach, enjoying a first-class selection of retail stores and restaurants. On Tuesday, the Government of Umm al-Quwain announced a large-scale development of Al-Sinnia Island worth 2.47 billion dirhams, the oldest island in the UAE with...
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06.01.20227131600 loans for UAE citizens in Dubai have been approved by the Government as part of the national housing program. Sheikh Hamdan bin Mohammed Al Maktoum, Crown Prince of Dubai, tweeted that the loans were approved in accordance with the instructions of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Ruler of Dubai. The Crown Prince stated...
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