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24.03.20226778Rich and super-rich Russians are urgently withdrawing their savings from Europe to avoid freezing because of sanctions, and investing in the UAE’s "safe" assets. Content: The current situation Where does the money come from? Where the money goes The current situation Western sanctions are the result of the armed conflict between Russia...
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23.03.20224930According to reports, foreign investors, end users and District 2020 will continue to drive the growth of Dubai's real estate sector this year, as the emirate offers real estate buyers a fulfilling lifestyle with excellent infrastructure. It became known that about 82% of mortgages in the UAE last year were issued to buyers for the first...
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23.03.20226820Abu Dhabi continues to develop. In 2021, a number of major new events have already been announced in the capital, which will lead to the emergence of new communities. Louvre Abu Dhabi Residences will be located next to the world-famous museum with magnificent sea views. The project is planned to be commissioned in 2025. It will consist of...
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23.03.20224712UAE residents who want to buy real estate have another reason to make a purchase decision as soon as possible, since if they intend to finance a housing deal with a mortgage, they expect a significantly higher payout compared to what would have been last year. Mortgage rates are expected to reach 4.75-5.25% during 2022, compared with 3-3.5% average...
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23.03.20224956Real estate experts report that the demand for luxury real estate in Dubai continues to grow. For example, a new villa in Emirates Hills was sold for 75 million dirhams. The exquisite mansion was sold in 2021 and resold in 2022. It was designed by architect Kobi Karp and it is one of the most luxurious villas in the Emirate. From the...
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23.03.20225329It became known about the launch of a fully integrated and inclusive community located in Abu Dhabi. The project is built on an area of 2.2 million square meters. The iconic gated complex includes more than 4,000 houses, including a selection of villas, townhouses and apartments that meet the unique needs of residents. The architecture of...
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23.03.20224677Nowadays, investments in off-plan real estate in Dubai attract «generational interest», and rental returns show the sharpest growth since 2014. For investors, the market offers a high rental return. The average rent for apartments in Dubai increased by 4% in the fourth quarter of 2021 after a stable third quarter. Interestingly, the high...
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22.03.20225105The Dubai Electricity and Water Authority (DEWA) announced on Tuesday, March 15 that it is preparing to put a small share of its capital up for public auction as part of the company's IPO in April 2022. Content: The history of Dubai government companies entering public auction The role of DEWA Global stock market and Dubai market Financial...
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21.03.20224712According to Egyptian investment bank EFG Hermes, the value of transactions with ready-made real estate in Dubai more than doubled year-on-year to 8.5 billion dirhams ($2.3 billion) in February. The increase is due to the revival of the real estate market caused by the government initiative and Expo-2020 in Dubai. Total residential...
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21.03.20225367According to CBRE, real estate prices in Dubai rose in most areas of the city during February. The volume of transactions from the beginning of the year to February reached 11,071 — the highest figure recorded in the first two months of the year. Average prices increased by 10.7% year-on-year compared to February, while average apartment...
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