News

  • On Monday, May 23, 2022, 552 purchase and sale transactions worth 386.5 million dollars (1.42 billion UAE dirhams) and 78 mortgage transactions worth 210.62 million UAE dirhams were registered in the Dubai real estate market. The sales included 427 villas and apartments worth 878.57 million dirhams UAE and 125 land plots worth 540.79 million...

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  • In 2022, the rental market becomes comfortable not only for tenants, but also for landlords, however, rent growth will not be uniform throughout the city.   Analysts, top managers and industry experts said that COVID-19 will continue to have an impact on remote work, thereby maintaining high demand for villas. The construction of villas...

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  • The most active investors in the luxury housing market in Dubai are still immigrants from Europe and the CIS, and one of them recently purchased a house in District One for 89.1 million dirhams. It is said to be one of the highest prices ever paid for housing in District One.   The eight-bedroom residence with an area of 32,500 square meters...

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  • Rental rates in most areas of Dubai are growing rapidly, especially in Dubai Marina, Jumeirah Beach Residence, Jumeirah Lake Towers and Palm Jumeirah. Interestingly, rents in affordable areas such as Deira, Dubai Sports City and Jumeirah Village are also rising due to an increase in population. Recently, more and more tenants are in search of more...

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  • The towers in Business Bay demonstrate some of the highest growth rates in the Dubai real estate market, as middle-income investors buy «affordable» apartments there. Most of the increase in value occurred in the first half of 2022. According to some estimates, apartment sales here have increased by 17% in two years compared to 25-30% in Dubai...

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  • Dubai has once again witnessed investors lining up to get a piece of real estate launched by well-known developers.   More than 200 units of Shams townhouses located in the city square were sold out within a few hours after its launch.    The townhouses were priced at an attractive price of 1.62 million dirhams for a...

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  • A human-oriented city, accessible only to pedestrians without cars or heavy vehicles. Expo City Dubai will continue the legacy of Expo-2020 sustainable development. It became known that the city will be environmentally friendly and without cars, and buggies will be used to transport residents and guests. Scooters and bicycles will also be...

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  • On Monday, the Dubai Land Department (DLD) reported 501 purchase and sale transactions worth 1.2 billion dirhams, 117 mortgage transactions worth 278.84 million dirhams and eight gift transactions worth 7.69 million dirhams in the Dubai real estate market.   422 villas and apartments worth 931.9 million dirhams and 79 land plots worth 263.52...

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  • The launch of apartments in the Groove District, the new cultural epicenter of Abu Dhabi on Saadiyat Island, has been announced.   Three of the island's attractions — the Zayed National Museum, the Louvre Abu Dhabi and the Guggenheim Museum - are partially visible from the apartments in the Grove District, which is part of the flagship...

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  • As real estate worth 300 million dirhams and above sets new standards, prices for ultra-luxury homes in Dubai have increased.    This does not end at 300 million dirhams. The bar was significantly raised due to a brand-new villa, which was put up for sale on the island of Jumeirah Bay for 350 million dirhams. Is the real estate market...

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