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07.05.20243807Economists and real estate market experts in the UAE anticipate an increase in demand and the continuation of an upward trend in property prices in 2024. However, many expect significant changes in the situation by the second half of 2024. Current data indicates an upcoming shift, which will particularly impact the luxury real estate market. It is...
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04.05.20245913In recent years, the UAE, the second-largest economy among Arab countries, has implemented a series of economic, social, and legislative reforms to attract a greater volume of foreign direct investment and skilled workforce to the country. For instance, in 2019, the "golden visa" programme was launched, granting a 10-year residency right in the...
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30.04.20241722A lease for 5-6 years will be available for high-end tenants seeking super-premium class offices in the Dubai complex One Za'abeel twin-tower development. This is one of the most prestigious business centers to have opened in Dubai in recent years, joining the likes of ICD Brookfield in DIFC and the Uptown Tower, which is part of the expanded DMCC...
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30.04.20241214The Sharjah Real Estate Registration Department has published a report highlighting the real estate market indicators in the regions and cities of Sharjah. The cash trade volume, which is a key indicator of economic activity, rose to an impressive 332.4 million AED ($90,500,694). The most popular locations for real estate purchases were: Al...
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30.04.20243004The development of the real estate sector in Dubai reflects a constantly expanding market, its resilience to external influences, and its attractiveness to investors, developers, and property owners. Content: A market of boundless opportunities Benefits of investing in Dubai A market of boundless opportunities Since 2008, the real estate...
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27.04.20243511While prices and ROI rates are crucial in making investment decisions, it's also essential to consider a spectrum of other factors that shape the market. Interest in economic stability, ongoing reforms, support programs for investors and businesses, current tax policies, and development prospects is vital. To address these questions regarding the...
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22.04.20243131Shareholders of Dubai’s largest developer, Emaar Properties, have approved the Board of Directors’ proposal to pay a dividend of 50 fils per share totalling AED 4.4 billion (USD 1.2 billion) and voted for the appointment of new members to the board who will “spearhead the company's growth strategy.” On Monday, April 22, 2024,...
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20.04.20243365In line with its efforts to stimulate business practices, the Dubai Electricity and Water Authority (DEWA) has released the second edition of its Infrastructure Compliance Certificate (No Objection Certificate) Technical Manual, which will serve as a reference material for contractors, consultants, and developers accredited by DEWA The manual is...
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16.04.20243024Masdar City stands as a globally renowned business and technology hub, adhering to the highest international standards. It provides companies with an attractive package of benefits and incentives, including complete foreign ownership, exemption from income tax, and unrestricted foreign exchange. Currently, projects in the realms of artificial...
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16.04.20243453The total value of luxury homes sold in the first quarter of 2024 amounted to $1.73 billion, which is 6% higher than in 2023 According to the latest analysis conducted by the global analytical service Knight Frank, Dubai saw 105 homes priced above $10 million sold in the first three months of the current year, representing a 19% increase compared...
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