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02.07.20224425Dubai’s real estate sector is turning more vibrant and transparent as investor-friendly policies tend to attract local and global property buyers and proof of the same was the recently concluded June 2022 sales which is considered the best since 2009. Dubai-based W Capital Real Estate Brokerage — established in 2007 — has assessed the strong...
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01.07.20224696DUBAI, UNITED ARAB EMIRATES – Property sales to customers from Russia and the 11 other Commonwealth of Independent States (CIS) countries doubled in H1 2022 compared to the same period last year, according to Dubai-based property consultants Mira Estate. Mira Estate achieved more than AED 2 billion in property sales to CIS customers so far in 2022...
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30.06.20224444Dubai South Properties will develop a new residential community along the Expo Road that is strategically located for easy access to and from the wider city. Dubai's real estate sector has strongly rebounded from the effects of the Covid-19 pandemic. Real estate transactions totalled 6,652 in May, which was the highest volume in the past decade,...
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29.06.20224964Dubai Land Department has partnered with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, on landmark initiatives aimed at boosting and strengthening the UAE’s real estate proposition. His Excellency Sultan Butti bin Mejren, Director General of DLD said: “The real estate industry in the UAE is one...
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28.06.20224229BlackOak is a new generation of real estate agency taking on the traditional larger players, with an exceptional business model and leadership. It has created a very professional institutional type retail brokerage platform by investing in a team of high-calibre agents trained in real estate sales, investments, finance and markets. “BlackOak was...
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27.06.20223980Dubai real estate market recorded 563 sales transactions worth AED3.46 billion, in addition to 96 mortgage deals of AED431.66 million, and 20 gift deals amounting to AED91.24 million on Thursday, data released by Dubai's Land Department (DLD) showed. The sales included 488 villas and apartments worth AED991.07 million, and 75 land plots worth AED2...
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27.06.20226749At the end of the COVID-19 pandemic and the post-COVID market recovery, analysts noted a new tendency in demand for residential properties in the United Arab Emirates. It is about a shift in the buyer's interest towards ready-made houses instead of off-plan units, and especially towards apartments. This shift has been predicted for a long time....
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26.06.20224158The Dubai real estate market has recorded real estate transactions of around AED 3.9 billion ($1.06 billion) in value on Thursday last week, regulator data showed, as the UAE property market continues post-pandemic recovery. Dubai Land Department (DLD) said 563 sales deals were made amounting to AED 3.46 billion, while 96 mortgage transactions...
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25.06.20225188Dubai residential market is expected to record Dh61.9 billion worth of villa and apartment transactions during the first five months of this year despite record spike in worldwide inflation, latest report shows. Global property consultant Knight Frank believes that the impact of global inflation on the UAE economy and Dubai’s residential market is...
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24.06.20226535Currently, over 700,000 residential units have been sold in the UAE. The construction sector needs to market 25,000 to 30,000 properties to accommodate a growing population every year. And although the market has been booming recently in terms of construction volumes and increased demand, its future becomes more and more foggy because of global...
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