News

  • The Jubail Island Investment Company (JIIC) has released details of the development of Ain Al Maha, the last coastal residential area to be added to the Jubail Island project. This marks an important milestone in the transformation of the island into a luxury residential community, a paradise for those wishing to lead an elite lifestyle in the...

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  • An artificial lagoon with a length of 1 km will be the decoration of a new project in South Bay. A new project has recently been launched in the heart of this residential area. According to the master plan, more than 800 villas and townhouses and more than 200 large mansions will be built on the embankment near the new artificial lagoon with a...

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  • Another villa with a price tag of more than 100 million dirhams is ready for sale, 6 more villas with price tags above 300 million dirhams are being built.  On the luxurious island of Palm Jumeirah, another exclusive villa on the "palm tree branch" is put up for sale, which is going to be turned into a «Billionaires’s Row». It is planned to...

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  • According to data provided by the Dubai Land Department (DLD), on Wednesday, July 6, 2022, 454 purchase and sale transactions totaling 1.24 billion dirhams were made in the Dubai real estate market, as well as 96 mortgage transactions totaling 259.02 million dirhams and 22 gift transactions totaling 150.27 million dirhams.   The total value...

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  • Another expensive purchase was made in the luxury real estate market in Dubai. A wealthy man from the UK has purchased a beautifully designed villa with a garden in Palm Jumeirah for a record 67 million dirhams.    Currently, the most expensive villa offered in Palm Jumeirah is DHB villa. One of Dubai's leading architects has created a...

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  • Jubail Island Investment Company (JIIC) has unveiled details of Ain Al Maha village, the latest waterfront residential neighbourhood to be added to the Jubail Island project. This marks a significant milestone in the development of Jubail Island into a luxurious residential community and haven of upscale living in the capital. Following Jubail...

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  • Dubai’s real estate proposition could benefit following a partnership between the Dubai Land Department and Emirates NBD. In the near future, rental cheque payments will be automated and digitised via the Central Bank of the UAE’s Direct Debit System (UAEDDS), according to the DLD. “The real estate industry in the UAE is one of the best and most...

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  • Dubai-based Samana Developers is shouldering the cost of obtaining a UAE Golden Visa for its eligible customers. The company, which has seen an increase in the number of foreign investors inquiring about the UAE property market in recent months, said it set up a “one-stop service” to assist investors in obtaining the 10-year visa. The service, of...

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  • Dubai’s real estate market recorded transactions worth $462.8 million (AED 1.7 billion) on Wednesday, 22 June, up from $380 million (AED1.2 billion) on Monday, 20 June, as the strong momentum in property demand continues. On 22 June, Dubai witnessed the completion of 486 sales transactions worth AED 1.31 billion, in addition to 93 mortgage deals...

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  • DUBAI: In 2020, headlines around the globe proclaimed the “death of the city” and predicted a widespread pandemic-prompted urban exodus. Yet, while several city dwellers abandoned the urban streets searching for greener pastures, many stayed and even more are now flocking back, drawn by the vibrant, cosmopolitan lifestyle that only the world’s...

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