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12.10.20218044Reducing 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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09.10.20217600Expo 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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07.10.20217876In 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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07.10.20216976158 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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06.10.20217645Between 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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05.10.2021714450 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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03.10.20217872The 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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02.10.20218097Total 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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01.10.20217699Al Reem Island took the first place in terms of the total value of sales standing at USD 563 million. The Department of Municipalities and Transport of Abu Dhabi (DMT) has said in its 2021 first-half report that the value of real estate transactions in the capital during the period reached USD 6.4 billion. In the first half of the year Abu Dhabi...
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30.09.2021755673 plots sold for USD 95 million, 1,080 apartments and villas sold for USD 745 million. 1,592 real estate and property transactions amounting to USD 1.6 billion in total were recorded in Dubai during the week from 23 to 30 September, 2021. According to the Dubai Land Department's weekly report, 73 plots sold for USD 95 million, 1,080 apartments...
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