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31.10.20222058The cost of renting an apartment in Dubai's Palm Jumeirah district can be up to $800,000 per year. The cheapest rent now is $17,000 per year for a studio apartment with an area of 548 square meters - $31 per square meter. The most expensive rental is $817,000 per year for a four-bedroom penthouse at the Andaz Hotel. However, since the area...
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31.10.20222014According to data published by Dubai Land Department (DLD), 418 purchase and sale transactions worth 1.29 billion dirhams were registered on the Dubai real estate market on Thursday, as well as 92 mortgage transactions worth 659.9 million dirhams and 13 gift transactions worth 34.74 million dirhams. The sales included 400 villas and...
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31.10.20222262In the period from July to September 2022, the Dubai real estate market showed the best performance in more than a decade, setting another record for the highest value of sales of both villas and apartments. The villa was purchased for 302.5 million dirhams for a brand new house in Palm Jumeirah. The apartment was purchased for 163 million...
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31.10.20221796According to data published by the Dubai Land Department, 1,809 real estate transactions totaling 7.3 billion dirhams were completed in the week ending October 7, 2022. 975.52 million dirhams were paid for 98 plots, and 4.47 billion dirhams were paid for 1711 apartments and villas. During the week, the total amount of mortgaged...
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31.10.20221990According to the most recent data, Dubai real estate has maintained high growth rates, and the value of real estate transactions reached a nine-year high in September due to growing demand in the primary and secondary markets. The volume of real estate transactions increased by 13.34% to 8,649 in September 2022, while the value of...
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31.10.20221869According to Mo'asher, in August 2022, the Dubai real estate market experienced the highest monthly rate in the last ten years. Mo'asher is the official Dubai Sale and Rental Price Index issued by Dubai Land Department (DLD). In August 2022, a total of 9,720 purchase and sale transactions were registered in the Dubai real estate market....
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31.10.20221865According to experts, the Dubai real estate market looks likely to regain growth, as the government has eased most of the restrictions associated with the pandemic, which will benefit the tourism, aviation, hospitality, logistics and retail sectors. Analysts, top managers and industry experts said the real estate sector would ultimately...
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31.10.20222113The Opalz project was sold out on the first day of its launch in 2022, reflecting the growing public and investor confidence in the developer and the Dubai real estate sector. Opalz is the 18th project in the developer's investment program. Opals will be built on a 66,985 square meter plot of land in Dubai Science Park, opposite Dubai...
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28.10.20222144A mansion built on the Dubai island of Palm Jumeirah has become the most expensive house ever sold in the emirate, breaking the record for sales of luxury real estate in the city. The mansion is located on the G Palm Jumeirah gable, on the so-called Billionaires’ Row. The villa, known as Casa Del Sole, was sold in July 2022 for 302.5...
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28.10.20222148Buyers of off-plan real estate in Dubai can now apply for a Golden UAE Visa if their investments amount to more than 2 million dirhams. Selected developers and real estate agents can recommend to immigration authorities that these buyers comply with investment recommendations and be granted 10-year resident status. Developers form internal...
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