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05.03.20233101The launch of 2 of the 12 projects that the Dubai developer has planned for 2023 has already begun. Their names were inspired by the Greek islands. The construction of the Santorini and Mykonos projects in Dubai Studio City will cost AED 320 million. During the construction, environmental features and energy efficiency were taken into...
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05.03.20233761The legendary Emirates Palace Hotel in Abu Dhabi was named Emirates Palace Mandarin Oriental. With the name change, the owner of the hotel hopes to restore its position as the "iconic beach resort in the world". "Emirates Palace Mandarin Oriental in Abu Dhabi marks an important milestone for the brand and confirms our commitment to the...
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03.03.20233585Dubai had a population of 3.55 million in 2022, and it continues to grow rapidly as the city has become a second home for many expats. As the growing demand for housing exceeds the supply in the real estate market in Dubai, leading developers have launched several new residential developments, including Dubai Ritz-Carlton Residences, Mama...
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01.03.2023443Jumeirah Lake Towers is re-launching a large number of new facilities. The most expensive apartments cost more than AED 2 million. Verde Tower is a 58-storey building that will be located opposite Cluster H. The developer, who has recently been busy with off-plan launches, expects Verde sales to amount to AED 1.6 billion. These included...
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01.03.20233253According to the Dubai Land Department (DLD), on Monday, February 20, 2023, 561 purchase and sale transactions totaling AED 1.7 billion were made in the Dubai real estate market, as well as 100 mortgage transactions totaling AED 94.43 million and 61 gift transactions totaling AED 65.91 million. 34 plots of land worth AED 268.94 million and...
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01.03.20233356Along with food and clothing, housing is one of the most pressing basic human needs. Against the backdrop of such planetary problems as climate change, loss of biodiversity and environmental pollution, the world today is also facing a double blow of population growth – projected to reach 8.6 billion in 2030 and 9.8 billion by 2050 – and growing...
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01.03.20233118The rent in Palm Jumeirah continues to rise in 2023. The penthouse in the One at Palm skyscraper was rented for AED 1.7 million per month. The deal represents one of the largest single apartment rental deals in Dubai this year. Despite the high rent, the 4-bedroom penthouse with an area of 445 square meters was in demand because it was the...
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01.03.20233491In the Dubai real estate market, over the last month and a half of 2022, several apartments were purchased in a new tower on Sheikh Zayed Road in the amount of AED 650 million. It is reported that this is the most expensive real estate deal in Dubai to date in 2023. The new building offers houses and apartments with 2, 3 and 4 bedrooms...
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01.03.20233915In addition to 384 purchase and sale transactions totaling 966.26 million dirhams, 78 mortgage transactions totaling 548.97 million dirhams and 48 gift transactions totaling 186.61 million dirhams on Wednesday, according to data released by the Dubai Land Department (DLD). The sales included 350 houses and apartments worth 805.39 million...
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01.03.20232695Another example of how Falcon Island is rethinking exclusive life on the island: the developer of the complex recently put up for sale separate villas with 4-5 bedrooms with sea views and villas with 3-4 bedrooms with canal views at a price of 6.5 to 10 million dirhams ($1.77 — 2.72 million) and from 3 to 4 million dirhams ($820,000 — 1.09 million)...
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