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10.02.20225776The Sharjah Real Estate Registration Department (RERD) announced that during 2021, the volume of real estate transactions in the Emirate of Sharjah reached the highest value in the last four years and amounted to a total of 26.2 billion dirhams. The trading value of real estate transactions in 2021 increased by 64.9% compared to the same...
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10.02.20225528In addition to the ongoing Expo-2020 in Dubai and the successful fight against the pandemic, the Emirate's strong economy, stable currency and investor-friendly policies implemented over the years are paying dividends and strengthening the confidence of foreign investors in the long term. Thierry Delvaux, CEO of JLL Middle East, Africa and...
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08.02.20225781Dubai South, the largest urban development specializing in aviation, logistics and real estate, ended 2021 on a high note, having achieved several outstanding achievements in various divisions. Such achievements include attracting new clients and companies, selling projects, entering into partnerships and launching unique projects...
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08.02.20225219Experts believe that Expo-2020 has given a significant impetus to the construction of many projects in Dubai South, one of the fastest growing business and residential districts in Dubai. Khalifa Al-Zaffin, executive chairman of the region's largest commercial aviation infrastructure, said Dubai South and its neighborhoods have achieved...
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08.02.20225226In Dubai, the rental market has seen an increase in prices after the COVID-19 pandemic. Landlords began to charge higher rents than in the previous two years. However, experts disagree on what the Dubai real estate market is waiting for in the future. Some of them suggest that rents are likely to «get even higher». «Rents for housing in...
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06.02.20225362Dubai's real estate market has become one of the best in 2021, while the cost of luxury housing in the emirate has increased by 17.4%. Overall, Miami and Los Angeles topped the charts in terms of cost of capital, with annual growth of 21% and 20%. Dubai also ranked first in terms of rent growth, which averaged 25% in December. This is the...
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04.02.20225418According to the latest analysis by CBRE, Dubai's residential real estate market will face some obstacles in 2022 due to tougher offers on payment plans and a likely increase in mortgage rates. At the same time, this will not affect the sales volumes of villas and apartments in any way. As of December 2021, apartments in Dubai cost about...
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04.02.20225780The most popular topic for discussion in the real estate sector in 2021 was the exponential growth of the luxury housing market in Dubai. Knight Frank previously reported that in the ultra-premium segment, the number of homes sold for more than $ 10 million broke the annual record set back in 2015. Palm, Emirates Hills and Jumeirah Bay accounted...
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04.02.20225089Homeowners' association (HOA) in Dubai have the right to change the property and facilities management company in the middle of the contract term. The property owner can file a claim with HOA’s, which can then apply for a replacement for the management company by sending a letter to RERA requesting a replacement. If the company does...
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04.02.20225528According to the Dubai Land Department, 84,196 real estate transactions worth 300 billion dirhams ($82 billion) were registered in Dubai last year, which is the highest annual figure in the history of the emirate. The capital value of villas and apartments in Dubai increased in the fourth quarter of last year, according to the real estate...
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