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Category: PROPERTY

Posted on 07/02/2021

Knight Frank UAE Market Review and Forecast 2021 shows that the UAE’s GDP contracted by 7.7% in 2020

Knight Frank is pleased to announce the release of its UAE Market Review and Forecast 2021. The report provides an overview and outlook of the key real estate sectors including the residential, office …
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Posted on 05/02/2021

Why Dubai property prices are likely to see further declines in 2021

Chestertons says new off-plan sales launches slumped in 2020 with construction starting on just 6,115 residential units compared to 18,650 in 2019 …
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Posted on 05/02/2021

Dh3.3 b worth of Dubai property transactions made in just a week

The value of real estate transactions in the Dubai Land Department this week amounted to more than Dh3.3 billion. The department witnessed the registration of 856 pledges of Dh1.61 billion, including …
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Posted on 04/02/2021

Villas set to lead price rebound in Abu Dhabi property market in 2021

ValuStrat research says market sentiment is expected to pick up and could head towards bottoming out this year …
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Posted on 03/02/2021

Property Prices in the UAE’s Capital Remain Favourable To Buyers and Tenants as Suburban Areas and Waterfront Communities Gain Attention

Property markets across the globe have felt the impact of the uniquely challenging year that was 2020. While Abu Dhabi has not been an exception, the UA …
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Posted on 03/02/2021

UAE oil firm ADNOC gets $900m investment in property unit

The biggest oil producer in the United Arab Emirates is getting a $900m investment in its property business from a state pension fund. Abu Dhabi Pension Fund is investing in some of Abu Dhabi National …
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Posted on 03/02/2021

$19.8bln properties sold in Dubai in 2020; market up 270% from lowest level in May

Dubai’s real estate market is strongly recovering from its lowest levels, with buyers snapping up more than $19.8 billion worth of properties across Dubai for the whole of last year, the latest data …
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Posted on 02/02/2021

Dubai property market ‘on launchpad for 2021’ after $19.7bn sales

Official Dubai Land Department figures show real estate transactions recovered in late 2020 to increase to 35,400 …
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Posted on 02/02/2021

Dubai residential sales gain pace in Q4; rents down 12%

Dubai’s residential sector enjoyed a comparatively strong second half of 2020, supported by an increase in completed property sales and continued tenant demand across more-established villa …
( read original story …)


Posted on 02/02/2021

Dubai residential sales gain pace in Q4; rents down 12pc

Dubai’s residential sector enjoyed a comparatively strong second half of 2020, supported by an increase in completed property sales and continued tenant demand across more-established villa …
( read original story …)


Posted on 02/02/2021

POLL-Dubai house prices to drop at slower pace

Id=house-poll poll data * Reuters poll graphic on Dubai housing market outlook: tmsnrt.rs/3cghlBE Jan 31 (Reuters) – Dubai’s house prices are expected to fall at a slower pace this year and next than …
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Posted on 02/02/2021

Samir Arora to lead three Dubai properties as general manager for R Hotels

He is cluster general manager of The Retreat Palm Dubai MGallery by Sofitel, Ramada by Wyndham Downtown Dubai, and ibis Styles Jumeira Dubai …
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Posted on 01/02/2021

Abu Dhabi’s Aldar reveals big shake-up to drive ‘next phase of growth’

UAE’s largest developer says it is adopting a new operating model to focus on digital transformation and sustainability …
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Posted on 31/01/2021

Dubai house prices to drop at slower pace, says survey

Dubai’s house prices are expected to fall at a slower pace this year and next than previously thought as hopes for a successful vaccine rollout and an economic recovery boost confidence in the sector, …
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Posted on 31/01/2021

Dubai house prices to drop at slower pace

Dubai’s house prices are expected to fall at a slower pace this year and next than previously thought as hopes for a successful vaccine rollout and an economic recovery boost confidence in the sector, …
( read original story …)


Posted on 30/01/2021

Worst is over for Dubai real estate market

Dubai real estate sector looks set to stage a smart recovery this year due to speedy economic recovery, spending on infrastructure development, growth in trade and tourism sectors from the Abraham …
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Posted on 29/01/2021

UAE property market analysis, 2021 recommendations, and Q4 2020 results

UAE property sector stumbled in H1 but thrived in H2. Looking at 2021, there are avenues for more growth, albeit helped with tech, for both real estate buyers and sellers. In 2020, despite the major …
( read original story …)


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