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09.01.20232822In Dubai, according to official information, the Vice President, Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, approved the 2nd stage of the Master Plan for the Development of Dubai until 2040, the main goal of which is to transform the city into an environmentally friendly and pedestrian-friendly...
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09.01.20232673According to data provided by the Dubai Land Department (DLD), 385 sales of 936.65 million dirhams, 98 mortgage transactions worth 186.25 million dirhams and 41 gift transactions totaling 131.82 million dirhams were registered in the Dubai real estate market on Tuesday. The total value of real estate transactions to date has exceeded 1.2...
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09.01.20232860Recently it became known that this season the sales of villas in Palm Jumeirah were among the record. The B1 Properties company, which was founded in 2021 and specializes in buying real estate in Palm Jumeirah, has quickly established itself as a leader in the luxury real estate investment industry. Along with selling other properties in places...
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09.01.20232783According to data provided by the Dubai Land Department (DLD), on Thursday, December 15, 2022, 468 purchase and sale transactions worth 1.39 billion dirhams were made in the Dubai real estate market, as well as 84 mortgage transactions worth 259.89 million dirhams and 65 gift transactions totaling 109.6 million dirhams. The total value of...
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09.01.20232974According to the Dubai Land Department (DLD), by the end of the week, the volume of transactions in the Dubai real estate market reached 9.1 billion UAE dirhams (2.5 billion US dollars). During the week ending December 9, 2022, at least 2,233 apartments and villas were sold for a total of 4.64 billion dirhams of the UAE. In...
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04.01.20234010The residential sector of one of the world’s most desirable cities will continue to grow in 2023, with rising prices for housing purchases and rents amid increasing demand and activity from wealthy individuals (HNWI) and foreign investors. According to Zoom Property Insights, at least 20% of Dubai’s housing prices are expected to rise next year....
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28.12.20223928The emirate’s real estate market recovered after Covid-19, aided by the influx of foreign funds and wealthy individuals to the local market. Foreign nationals who have been living in Dubai for decades are buying more and more real estate, as new visa initiatives, including the Golden Visa, triggered a surge of optimism about buying real estate and...
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Saudi Arabia plans to build a skyscraper that will be more than twice the height of the Burj Khalifa21.12.20224739According to media sources from the MEED publishing company, plans are in the process for Saudi Arabia to construct the world's highest skyscraper. Content: Features of the project The vivid embodiment of the idea Future prospects Features of the project The new mega-project, which is expected to reach the 2-km height, will be more than...
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14.12.20225301The market is set to end the year on a high note as prices continue to rise, helped by growing demand from news agencies and foreign investors. With prices rising by almost 1.8% in October and November, Dubai's real estate market is expecting a strong fourth quarter and year-end as investors and end users continue to invest in the emirate's real...
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11.12.20223237According to Zoom Property Insights, Dubai's real estate market is experiencing a strong end to the year. In October, there was a 1.8% increase in prices, and a similar trend was observed in November 2022. Investors in this sector are driving up prices, as well as end users. Zoom Property Insights stated that the average real estate price...
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