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21.02.20226527According to a new analysis, rents and property prices in Dubai are expected to decline over the next few months as tens of thousands of new residential units are expected to be commissioned this year. According to the consulting company Asteco, the real estate market, which has been on the rise for several months, may see about 30,000 new...
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21.02.20224936According to a report by the Abu Dhabi Department of Municipalities and Transport (DMT), real estate transactions worth 71.5 billion dirhams were registered in Abu Dhabi in 2021. Yas Island tops the list of the most common areas with 4.1 billion dirhams in real estate transactions. Greek Islands ranks second with 3.2 billion dirhams,...
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21.02.20225963From the point of view of real estate, some buyers believe that prices in Dubai are currently at their peak, and prefer to refrain from buying any real estate, expecting that prices will decrease after April. There was no sharp rise in prices in the real estate market due to the exhibition, and it goes without saying that a sharp drop is...
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21.02.20226240The first ownership documents are issued in Dubai as part of «fractional» ownership of real estate, which can significantly expand the investor base in the local real estate market. In its simplest form, «fractional» ownership allows several investors to purchase an apartment, villa or other types of real estate, and each of them has ownership...
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20.02.20225678Due to a house in District One, rented for a staggering 7 million dirhams, the Dubai real estate market will surely start in 2022. The identity of the tenant has not been disclosed, but it is known that as part of the deal he received a free rent for one month. During 2021, both rental and sale prices in District One have skyrocketed. For...
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14.02.20225067According to a new study, the UAE construction industry will develop during 2022, despite concerns about the increase in the cost of building materials needed to implement plans and financial opportunities available to developers. The Royal Institute of Chartered Surveyors (RICS) said in its latest report that a «high level of...
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14.02.20225540There is no doubt that the UAE is a paradise for the real estate sector: from penthouse apartments to luxury villas with sprawling gardens and incredible pools. According to The National, «Property of the Week» was a modern villa in Palm Jumeirah. This villa worth 65 million dirhams with five bedrooms and six bathrooms is located on three...
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14.02.20225589It is believed that District 2020 will arouse increased interest from buyers and investors, both local and international. The areas located near Expo-2020 will also have a positive impact on the sustainable community. In particular, the demand for short-term rentals is higher in areas located near Expo-2020. In addition to developing the...
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13.02.20225651According to the Dubai Land Department (DLD), the Dubai real estate market has registered 309 purchase and sale transactions worth 976.42 million dirhams and mortgage transactions worth 458.97 million dirhams. Sales covered 259 villas and apartments worth 614.88 million dirhams and 50 plots of land worth 361.54 million dirhams, while...
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10.02.20225571In response to the unprecedented demand from global investors for alternative residence and citizenship options due to the ongoing instability and uncertainty caused by COVID-19, Henley & Partners in partnership with Deep Knowledge Analytics, launched the Best Investment Migration Real Estate Index. The UAE leads the ranking with 82...
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