News

  • Emaar Properties, the largest construction firm in Dubai, reports a 42% growth in profit due to an increase in real estate transactions. The cause is attributed to the robust growth of the real estate market in the UAE. According to an official statement, the net profit for the specified period rose to AED 8.2 billion (USD 2.2 billion). The...

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  • According to a new report from the analytical publication Knight Frank, the prestigious real estate market in Dubai is experiencing active growth due to limited supply and renewed demand from key market players, such as China and India. For key areas like Emirates Hills, Jumeirah Bay, and Palm Jumeirah, analysts predict a 5% increase in property...

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  • It is reported that Dubai Marina, Downtown Dubai, Business Bay, Jumeirah Village Circle, Palm Jumeirah, Dubai Hills Estate, Arabian Ranches, DAMAC Hills, and Al Furjan became the most investment-attractive areas in Dubai according to the study for Q2 2023. The above areas saw a significant increase in the number of property transactions, and...

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  • Experts estimate that Emaar Properties could receive AED 485 billion ($132.15 billion) from the sale of its development portfolio by 2040. Now, Dubai’s largest developer continues to lead the emirate’s real estate market. In the next 5 years, the company will sell properties worth about AED 155 billion, or 32% of the its total portfolio....

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  • Сарапшылар 2023 жылдың бірінші жартыжылдығындағы Дубай нарығының нәтижелерін қорытындылауды жалғастыруда. Жалдау сегментіндегі жалпы статистика қолжетімді болды: әр түрлі аймақтарда төлем қаншаға өсті және пәтерді немесе вилланы жалға алу қай жерде тиімдірек? . Егер орташа мәндерді алатын болсақ, онда 2023 жылдың бірінші жартыжылдығында ол кейбір...

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  • The emirate continues to grapple with a sharp downturn in the commercial real estate market, which has led to lower occupancy rates and rental yields around the world. There is currently a particularly high demand for real estate in the central business district. This suggests that clients prefer high-quality offices in a convenient location,...

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  • Real estate experts have released the first forecasts of Dubai market for Q3 2023. The prevailing opinion is that the real estate market will continue to grow. Moreover, analysts were able to identify several particularly promising areas. Two key factors will be financial accessibility and a constant influx of people to the Emirate. Both factors...

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  • Real estate experts summed up the results of Ras Al Khaimah market for the first half of the year. In particular, they established the dynamics of prices in the emirate and selected several areas that turned out to be the most popular among buyers of apartments and villas. In the segment of apartments in the first place was the area of Al Hamra...

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  • Abu Dhabi has a record for foreign direct investment in the real estate sector. Over the past six months, foreign investors have directly invested AED 834.6 million ($227.2 million) in real estate in the emirate. This is 363% more than in the first half of 2022. Such data was provided by Department of Municipalities and Transport. Such a volume of...

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  • During the first half of the year, AED 13.4 billion ($3.6 billion) worth of real estate was sold in Sharjah. In many ways, this was facilitated by foreign investment in real estate from representatives of 88 countries. According to Sharjah Real Estate Registration Department, a total of 40,843 transactions were made in six months. At the same...

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