News

  • People with large capitals have been moving to Dubai en masse for several years. The Emirate has become a haven for ultra-high net worth individuals (UHNWI) who moved here during and post-pandemic. According to recent data, 66.7% of ultra-high net individuals (UHNWI) who have bought real estate in Dubai use it as their main place of residence...

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  • The first residential units in Expo City Dubai have a price tag of 1.2 million AED ($330,000) and above. The first phase of the City, which will appear at Expo 2020, was intended exclusively for rent. The announced launch will be the first phase of real estate sale in the Expo Valley and Expo Central communities within the framework of the Dubai...

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  • Dubai developers have been receiving stable incomes for the fourth year in a row. According to S&P Global Ratings, "sufficient" liquidity will allow developers to increase capital expenditures and dividend payments.   Among the main factors influencing the situation, experts call favorable payment terms for real estate buyers and...

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  • Dubai's real estate market has shown significant growth in 2022. The number of purchase and sale transactions increased by 76.5% over the year. The off-plan segment of the emirate grew especially fast. The forecast for 2023 is also positive. 115,000 real estate units are under construction, 34,000 of which have already been completed by more than...

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  • According to data provided by the Dubai Land Department (DLD), on Monday, March 13, 2023, 691 purchase and sale transactions totaling 1.81 billion AED were made in the Dubai real estate market, as well as 87 mortgage transactions totaling 709.5 million AED and 101 gift transactions totaling 100.53 million AED.   43 land plots worth 249.95...

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  • Since the pandemic began, Dubai has become a haven for mass influx of people with a high net worth. Experts say that 66% of HNWIs who have bought Dubai real estate for permanent residence choose this emirate to maintain a high quality of life. Content: Statistics of Dubai HNWIs Dubai is in demand among HNWIs all over the world What attracts...

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  • The Prime Residential World Cities Index report shows that Dubai outperformed the international premium real estate markets in 2022, with an average capital evaluation of 12.4% compared to 3.2% in the top 30 global cities. The emirate is one of the most popular real estate markets in the world, thanks in part to Dubai, where the average capital...

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  • A whopping 70% of the apartments in the ultra-luxury St. Regis Residences on Financial Centre Road in Dubai were sold out in the first hour after their launch, with sales exceeding 1 billion dirhams.   St. Regis Residences is the latest branded residential tower to be launched in the city. Located in the heart of the city, the complex is due...

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  • According to data published by the Dubai Land Department (DLD), a total of 3,332 real estate transactions worth 12.9 billion dirhams were completed in the week ending March 10, 2023.   The DLD report showed that 274 plots were sold for 3.17 billion dirhams, while sales of 2,370 apartments and villas amounted to 4.93 billion dirhams...

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  • Dubai's real estate market continues to grow. In February, the volume of purchase and sale transactions increased by 43% compared to the same period a year earlier due to high demand from foreign investors.   The latest data released by Property Finder shows that the number of real estate transactions rose to 9,020 last month, compared with...

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