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31.10.20223516According to the latest JLL report on the UAE real estate market, total house prices in Dubai increased by 9% year-on-year in the third quarter of 2022, while average rental rates increased by 25%. Both sales and rentals were supported by strong demand and increased buying activity. While the average rent increased by 2% per year, the sale...
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31.10.20223649Russian investors currently surpass investors from India, the UK and Italy as the leading buyers of real estate in Dubai. For the third quarter of 2022, Russian investors occupy the first place, followed by investors from the UK, India, Germany, France, the USA, Pakistan, Lebanon, Canada and Romania. Indians were the leading foreign buyers...
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31.10.20223811In the third quarter of 2022, average prices in the main Dubai real estate market increased by 11.29%, and sales increased by 1.11% quarterly, indicating the continued stabilization of the market. According to the Dubai Land Department, a total of 7,552 properties were sold in the Dubai luxury housing market in the third quarter of 2022,...
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31.10.20223264According to data published by Dubai Land Department (DLD), a total of 2,338 real estate transactions worth 7.3 billion dirhams were completed in the week ending October 14, 2022. A total of 106 plots were sold for 1.76 billion dirhams, and 1,791 apartments and villas were purchased for 3.81 billion dirhams. The top three deals...
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31.10.20223336There are other signs that rising rents in Dubai are starting to drive up prices, even in places where they have remained mostly stable for most of the previous 22 months. Prices in the Deira area, where there are several rental options, increased by 4.4% in September 2022. As a result, a typical large two-bedroom apartment can now bring the...
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31.10.20223056The most famous luxury developer in the Middle East has launched Chic Tower, a 41-storey tower built to promote wellness and a healthy lifestyle in an exceptionally luxurious environment with many services and amenities. Chic Tower offers unparalleled access to world-class financial and lifestyle districts, as well as direct access to the...
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31.10.20224133According to the developer, Palm Flower will become a kind of measure of luxury and exclusivity on the palm island: there will be only 10 apartments in the building, but all of them will be the standard of premium real estate. The area of luxury apartments will be from 830 to 1700 square meters, and the main living area will be double height....
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31.10.20223451According to the latest weekly data from Dubai Land Department, the Palm Jumeirah land and villas were sold for 600 million dirhams. Frond N's real estate area is just under 59,600 square meters, which confirms the island's reputation as an area in Dubai where large transactions are the norm of the day. The next most expensive transaction...
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31.10.20222984According to data provided by Dubai Land Department (DLD), 2,338 real estate transactions worth 7.3 billion dirhams were completed in the week ending October 14, 2022. 1,791 apartments and villas were purchased for 3.81 billion dirhams, while a total of 106 plots were sold for 1.76 billion dirhams. Two plots of land in Palm...
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31.10.20224643According to an industry report published on Thursday, rents in Dubai jumped by 26.6% compared to last year's figures, with average annual rates now reaching almost 90,000 dirhams for apartments and more than 260,000 dirhams for villas. In September 2022, the average annual rent for apartments and villas reached 89,986 dirhams and 268,758...
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