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11.11.20208344Dubai's residential property market showed some signs of decline in October. The first month of Q4 2020 saw less transactions though property prices decline has somewhat slowed down. According to the latest reports, prices for apartments and villas in Dubai dropped by as little as 0.7% compared to September and 14.4% compared to the same period in...
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11.11.20209355Dubai’s reals estate sales are growing: 44 plots sold for $48 million, 854 apartments and villas sold for $405 million. 1,241 property deals amounting in total to $800 million were made in Dubai during the first week of November, 2020. According to the Dubai Land Department, 44 plots of land were sold for $48 million and 854 apartments and villas...
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10.11.20209455A new project is almost complete in Dubai. The Sea Palace Floating Resort with boat villas and a hotel in the middle is destined to become the city's another spectacular landmark. Landmarks of Dubai are well known all over the world, they include the Burj Khalifa, the Burj Al Arab hotel and, of course, the famous Palm Islands. One more unusual...
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09.11.20205404House prices in Dubai decreased by 3.27% y-o-y in Q2 2020. UAE’s property market is hugely affected by a deepening supply glut of apartments as well as oil. By Q2 2020 residential property prices in Dubai fell by 3.27%, which can be considered an improvement compared to the previous year’s 6.86% decline. In addition to that, a 1.44% decline in...
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09.11.20208536Dubai’s real estate market remains attractive to local and international investors despite the unexpected consequences of Covid-19 pandemic According to the recent real estate bulletin launched by the Dubai Land Department (DLD) under the name Real Estate Updates, local and international investors are still interested in Dubai’s real estate market...
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08.11.20208012UAE and MENA Home Sentiment Survey – Q2 2020 reveals region’s real estate sentiment post COVID- 19 Peninsula Real Estate published the results of UAE and MENA Home Sentiment Survey – Q2 2020. The survey was conducted in cooperation with Eltizam Asset Management Group, CBRE, Cityscape and Berkshire Hathaway Home Services in July, 2020. It provides...
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08.11.20208034Total volume of transactions in the prime housing market increased by 49% and in Q3 2020 stood at $2 billion compared to $1.3 billion in Q2 Dubai’s prime housing market is witnessing a substantial increase in transactions volume, which is particularly noticeable in the secondary market that has recently doubled its sales. According to Luxhabitat...
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