News and articles

  • Total deliveries for the year will total 37,000 units, CORE says. Dubai’s residential property handovers in 2021 will reach their highest level in a decade against a backdrop of the market's continued recovery from the slowdown induced by the coronavirus pandemic last year. About apartments and villas have been handed over to owners this year and...

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  • Other key sectors, including tourism, hospitality, retail, transportation and banking are expected to benefit from the event, too. Expo 2020 has finally started in Dubai, an impressive event that delivers a very powerful message that the world is open for business. It is expected that throughout its six-month run the exhibition will welcome around...

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  • Reducing the minimum property investment level will give an additional impetus to the Dubai's real estate market. The Dubai Land Department’s website informs that the minimum financial requirement to apply for a three-year visa through investment in Dubai’s booming residential property market has been reduced from USD 272,000 to USD 204,000...

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  • Expo 2020 is considered to be the biggest catalyst for the growing demand for ready properties in the market. Expo 2020 in Dubai has finally commenced and visitors from all over the world started to pour in, which resulted in an increased demand for ready properties in the emirate. According to the reports from several property portals in Dubai,...

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  • In just 9 months, the value of real estate sales transactions has grown by 45.15 percent and exceeded 2020 as a whole. The increase of the monthly sales transactions and their values in the run up to Expo 2020 has been truly phenomenal but nothing can match the results achieved in September, 2021. Last month saw the highest value of real estate...

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  • 158 plots sold for USD 159 million, 1,307 apartments and villas sold for USD 838 million. 1,959 real estate and property transactions amounting to USD 1.9 billion in total were recorded in Dubai during the week from 1 to 7 October, 2021. According to the Dubai Land Department's weekly report, 158 plots sold for USD 159 million, 1,307 apartments...

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  • Between January and September 2021, the emirate had a total of 43,299 property deals. According to data from Property Finder, thousands of villas and apartments worth in total USD 28.4 billion were sold in Dubai in the first nine months of the year, making 2021 the best year in terms of property sales in four years. In the period between January...

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  • 50 percent of homebuyers in the region want their next property to be energy efficient. The COVID-19 pandemic has changed attitudes towards buying properties and, according to a new study, sustainability is now a highly important aspect for home buyers in the Middle East. Knight Frank’s global buyer survey results that were released on Monday...

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  • The 5-bedroom duplex apartment on the top floor of the One project is truly incomparable. Dubai's real estate market had another record deal: the most expensive penthouse in the city was sold for USВ 23 million. The stunning 5-bedroom duplex apartment spanning 21,300 square foot is located on the top floor of one of the most luxurious residential...

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  • Total cost of the new projects is USD 110 million. Samana Park Views will be launched first. Dubai's property market has a rather bright outlook as more rich and ultra-rich individuals choose the emirate as their second home due to the government's successful handling of COVID-19 pandemic. In Samana Developers' opinion, apartment and villa prices...

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