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27.07.20217444High demand from both homebuyers and tenants resulted in an increase in prices for family-friendly homes in the emirate. Abu Dhabi has witnessed a steady increase in interest for both affordable and luxury villa communities, based on consumer interest observed on UAE’s leading property portals Bayut and Dubizzle. High demand from both...
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26.07.20217897Deals in June were 44.33 percent higher in terms of volume, and 33.2 percent higher in terms of value compared to May. According to the 16th edition of Mo’asher, Dubai’s official sales price index, the emirate's real estate sector recorded 6,388 sales transactions in June 2021 worth USD 4 billion, which is the highest value of sales in eight years...
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25.07.20218318One of the prevailing trends of this year is the demand for homes that are fully furnished and turnkey. Over the first six months of 2021 Dubai’s real estate market performance has been phenomenal, with the sale of two Palm Jumeirah villas costing over USD 27 million each and a record-breaking month in April. The second half of the year is already...
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24.07.20217200The robust sales during the first half of 2021 reflected the high performance and the attractiveness of the company’s projects. The developer Reportage Properties reported on Monday that its first-half sales surged 107 percent to USD 191 million as investors and end-users bought residential units fear of rising property prices. Islam Ahmed...
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23.07.20215984Prices in the emirate grew by 1 percent, while Dubai registered a slight drop, says JLL. Average residential sale prices in Abu Dhabi increased in the second quarter of the year amid the property market recovery and the launch of new villa projects, a new report issued by the consultancy JLL says. According to the report, house prices in the...
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22.07.20217650Nearly 30 percent of the development is sold – Sobha Realty sees a huge surge in demand for its villas and villa plots. Sobha Realty, a premium property developer based in Dubai, has announced that its iconic Sobha Hartland master project in Mohammed Bin Rashid Al Maktoum City overlooking Downtown Dubai is 50 percent complete. The project is...
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15.07.20216542128 plots sold for USD 232 million, 1,218 apartments and villas sold for USD 759 million. 1,826 real estate and property transactions amounting to USD 1.4 billion in total were recorded in Dubai during the week from 8 to 15 July, 2021. 128 plots sold for USD 232 million, 1,218 apartments and villas sold for USD 759 million. The largest land...
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14.07.20219617Property sales prices in Dubai increased between 6 percent to 20 percent in the first half of the year, says Bayut & Dubizzle. Sales and rents of properties in Dubai's most popular areas have jumped significantly in the first half of 2021 thanks to the government's proactive initiatives that have pushed up demand. The initiatives include...
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13.07.20216622In June, Dubai’s property market maintained its resounding recovery and demonstrated resilience, with a 2.1 percent price spike, the eighth monthly surge in a row. European buyers, mostly end-users, tend to relocate their families to the relative safety of Dubai, which have been driving a significant rebound in the emirate’s property sector as...
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12.07.20216795The developer will use the funds to accelerate the ongoing construction work at Aljada. Arada, a developing company based in Sharjah, has secured additional funding in the amount of USD 68 million from Dubai Islamic Bank for ongoing construction of its megaproject Aljada. At the beginning of 2021 Arada has already secured USD 81 million from...
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