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28.02.2024677DDX Global, a company specializing in real estate tokenization, is launching the "Desert Pearl" with special tokens for investors. Desert Pearl will feature two hotels, apartments, a commercial cluster, a shopping area, a boulevard, and a private yacht marina. It will showcase 88 rooms, as well as an arena, an Arab astronomy museum, a planetarium,...
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15.01.20241078During the first two weeks of 2024, the emirate of Abu Dhabi witnessed 348 property sale and mortgage transactions, totalling around AED 1.9 billion (USD 517 million). The Abu Dhabi Department of Municipalities and Transport is associated with the "DARI" platform, which reports that 215 mortgage transactions were registered, resulting in a total...
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15.01.2024921The International Monetary Fund (IMF) reports that among all countries, real estate prices in the United Arab Emirates grew at the fastest rates in 2023. According to the Fund's data, the UAE is among the top ten countries where real estate prices have grown the most since the beginning of the pandemic. According to data from the Bank for...
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08.01.20242863At the beginning of February, RERA, the real estate market regulator in Dubai, began actively combating the proliferation of fake property listings, which have long been a problem for the market. Threatening online platforms with legal consequences and demanding the removal of such listings, the regulator managed to drastically reduce their number...
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04.01.20243427Economists indicate that the construction sector and real estate market in Gulf countries, particularly the UAE, Saudi Arabia, and Kuwait, will maintain momentum for growth in the first half of 2024. Growing demand, governmental support, and economic growth create a favourable environment for development. Specifically for the United Arab Emirates,...
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31.12.20234115The Dubai real estate market remains a popular destination among international investors, especially those seeking opportunities to diversify their assets. The popularity among foreign buyers has allowed the emirate to attract over $100 billion in real estate investments in 2023, and now positions it for a projected 5% market growth by the end of...
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27.12.20234829Over the past two years, the cost of real estate in Dubai has risen by more than 30%. However, a sharp gap has emerged between the prices at which finished properties are sold and the prices of projects in newly constructed buildings. Content: To sell or to hold? Record price gaps What explains such a price gap? Reidin-GCP report To sell...
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26.12.2023794Dubai has become one of the most sought-after tourist destinations, catering to both business travellers and those seeking a top-notch vacation experience. The world is taking notice, and with the increasing number of travellers, there is significant interest from those opting to rent properties rather than stay in hotels. The city's allure...
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18.12.20236788As the year draws to a close, analysts and economists are beginning to share their predictions for the future. Below, we'll share some of the key trends in the UAE real estate market in 2024. However, let's start with the topic of ecology and "green real estate", which will be a defining factor for everything that will happen in the industry in the...
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27.11.2023564The JAFZA logistics park, covering an area of 52,258 square metres, is now welcoming tenants and buyers. The new Jebel Ali free zone project, implemented in collaboration with the Amanda Group, addresses the acute shortage of logistics facilities in Dubai with warehouse and manufacturing spaces. In Phase I, the following features are...
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