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19.06.20232563By the end of 2023, Dubai may overtake London in the development of the real estate sector. This is possible due to the constant increase in real estate prices, a lot of objects under construction, low taxes and higher rental yields. Such conclusions are contained in a recent study of the emirate's real estate market. It is assumed that...
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07.06.20234550Among investors from different countries, Dubai is currently one of the most popular destinations in the real estate market. In the emirate you can find both a residence for tens of millions of dollars and a studio for a hundred thousand dollars. Residential developments in the city are put into operation very quickly, there are no long-term...
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05.06.20234071Investors who need a Golden Visa can now obtain a 10-year residence permit in the UAE by investing just AED 2 million ($544,618) or more in Dubai's fast-growing real estate market through the online real estate technology platform Stake. For the first time in Dubai, investors will be able to get a Golden Visa through a digital investment...
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05.06.20233834According to data published by the Dubai Land Department (DLD), a total of 3,050 real estate transactions worth AED 10.4 billion ($2.83 billion) dirhams were made in Dubai in the week ending May 5. The DLD report showed that 189 land plots were sold for AED 1.19 billion ($320 million), 2239 apartments and villas — for AED 5.11 billion ($1.39...
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05.06.20234868Majid Al Futtaim Development has set a new benchmark for luxury real estate in Dubai by selling a luxury mansion on Lanai Island for AED 200 million ($54.46 million), which was the highest registered property value recorded in the Tilal Al Ghaf area to date. The gated complex, located in the heart of Dubai, has become a very popular destination for...
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05.06.20233981A new residential tower will soon be built on the legendary man-made Palm Jumeirah island - and it promises to embody the latest exclusive luxury standards. Medium-sized three-bedroom apartments occupy almost 1000 square meters of total and living space, including a balcony. And if you like gorgeous views, then this is exactly the place from where...
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05.06.20233078According to data published by PropertyFinder, in March 2023, real estate worth $9.3 billion (AED 34.2 billion) was sold in Dubai. The number of real estate transactions increased by about 45% year-on-year and amounted to more than 12,000 transactions compared to 8,344 in March 2022. The cost of transactions increased by more than 53%...
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05.06.20233386The average cost of renting apartments and villas in Dubai continued to show strong growth in the first quarter of 2023, especially in higher-quality residential complexes, with quarterly increases of 4% and 7%, respectively. According to the Asteco report for Q1 2023, the annual rental growth in the villa segment was significant — by 25%, while...
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05.06.20234424The giant of the hospitality industry Wynn Resorts has announced the name of its new multi-billion-dollar integrated resort, which will be built in Ras Al Khaimah on the island of Wynn Al Marjan. The company also presented the design concept of its first beach resort in the Emirate. The US-registered developer and operator of luxury...
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05.06.20233486Jumeirah Bay Island in Dubai, also now known as the "island of billionaires", has felt a sharp surge of interest from the super-rich people despite the fact that real estate prices on this artificial island have risen sharply. On the island of Jumeirah Bay Island, where ultra-luxury real estate and luxury developments such as Bulgari Lighthouse...
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