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Tag: property

Posted on 23/01/2024

Came for a short stint, now it’s home: Why these UAE residents have long-term plans in the country

A recent survey has revealed that more than two-thirds of employees in the UAE will stay in the country for the next five years or more …

Posted on 23/01/2024

UAE real estate: Property market flourishes amid global challenges, says new JLL report

The residential sector in Dubai witnessed remarkable growth in transactions in both primary and secondary markets in 2023 …

Posted on 23/01/2024

Dubai developer announces The Central Downtown in $817m portfolio; new towers offer real estate above mall

The Central Downtown will offer a total of 1,168 residential units consisting of studio apartments, one, two and three-bedroom apartments near Miracle Garden, Dubai Butterfly Garden, and Dubai Autodrome …

Posted on 23/01/2024

Dubai’s new towers to have colour fountain, rainforest retreat, organic farm

Aqua Properties on Monday launched mixed-used The Central Downtown … The developer recently announced plans to launch a series of significant developments in Dubai valued at Dh3 billion. The project …

Posted on 22/01/2024

Dubai real estate sales hit $112bn last year – which areas offer best return for investors as prices leap 49% and rent returns tipped at 11%?

The real estate market in Dubai saw several records set in 2023. Image: Shutterstock Dubai real estate sales hut $112bn last year and the booming property market is set to see further price increases …

Posted on 22/01/2024

2023: Pakistanis remain among top 10 buyers of Dubai property, Indians top list

Indians emerged as the top buyers of Dubai real estate in 2023, while Pakistanis were placed seventh and also surpassed purchases from last year, according to a report released recently by the emirate …

Posted on 21/01/2024

Dubai house prices surge up to 21% on ‘unprecedented boom’

The upward trajectory of property prices in Dubai persists, driven by a record influx of local and international investors attracted to the promising retur..

Posted on 21/01/2024

Dubai: Residential plot prices jump up to 60% as some areas reach their full capacity

Prices of plots for the development of villas and residential buildings have increased by up to 60 per cent in Dubai due to the frenzy around new developme..

Posted on 21/01/2024

Dubai developer to select tenants for new building through exclusive auction

Apartments in M77 offers Downtown and Burj Khalifa views, full-floor gymnasium, 50-meter Olympic-sized pool, a smart keyless entry system …

Posted on 21/01/2024

UAE Property Forum in Sao Paulo to attract investors from Brazil on January 29-30

The Embassy of the United Arab Emirates in Brazil and the Consulate General in Sao Paulo will host the first UAE Property Forum from January 29 to 30 at the Tivoli Mofarrej São Paulo Hotel, Brazil.

Posted on 21/01/2024

Bayut: Dubai Properties close 2023 brilliantly

The sector witnessed Unprecedented Booms as shown in report by Bayut, the UAE’s Market-Leading Property Portal …

Posted on 20/01/2024

Smart renovations to your Dubai home can add up to a neat profit

Lots of investors have cottoned on to how high returns can be from makeovers Fixer-upper is the name of the game when it comes to generating solid returns from older properties. In Dubai, many …

Posted on 19/01/2024

Dubai real estate sector sees $3.6bn of transactions this week, including huge $35m Palm Jumeirah property

Dubai real estate and property transactions were valued at AED13.1bn ($3.6bn) this week, according to Dubai Land Department data. In total, during the week ending January 19, there were 3,697 …

Posted on 18/01/2024

UAE Property: ‘Can I be charged a 5% fee for lease renewal?’

Question: I have been renting a villa for 15 years. I always pay the rent with an annual increase or decrease according to the market value and in mutual agreement with the management office. I also …

Posted on 18/01/2024

Why UAE landlords are moving to lucrative short-term rentals

A conversation and a bit of maths is all it took for Jorge Felippe to realise why short-term rentals can be more profitable for Dubai landlords than annual lease contracts.“In 2021, a friend of a …

Posted on 18/01/2024

Introducing the wealthiest family globally: Owners of a Rs 4078 crore presidential palace, 8 private jets, and numerous lavish properties worldwide

The Al Nahyan’s wealth is showcased in their luxurious properties, featuring a presidential palace that dwarfs The Pentagon in size.

Posted on 17/01/2024

UAE: Sharjah property demand grows after expats allowed to buy in freehold areas

Lamia Al Jewaied, head of studies and research bureau at Sharjah Real Estate Registration Department, said multiple factors have driven the growth, especially the introduction of the law in late 2022 …

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