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Tag: property

Posted on 24/02/2023

Dubai real estate: $2.7bn of property deals this week

Dubai’s biggest property deals this week include AED1bn apartment mortgage in Palm Jumeirah Dubai real estate: $2.7bn of property deals this week Dubai, Dubai Land Department, Dubai real estate Real E …

Posted on 23/02/2023

Dubai real estate: $881m property deals recorded on Thursday

Dubai real estate deals almost reached a billion dollars in a single day on Thursday Dubai real estate: $881m property deals recorded on Thursday News …

Posted on 23/02/2023

3 Dubai villas among world’s most expensive properties sold in 2022

According to a report, a Dh600 million villa located on Frond N on Palm Jumeirah was the third most expensive prime property sold last year …

Posted on 23/02/2023

UAE Property: ‘Can I increase rent without serving 90 days’ notice?’

Question: I am having issues with my tenants because I failed to give 90 days’ notice to raise the rent. They have been my tenants for two years. I started the lease at an annual rent of Dh105,000 and …

Posted on 21/02/2023

Dubai real estate: 64% of property owners planning to sell up and move

Dubai property owners are planning to sell their homes as resale prices surge Almost two-thirds of Dubai property owners (64%) plan to sell their unit to take advantage of current market conditions …

Posted on 21/02/2023

Nearly two thirds of Dubai property owners plan to sell – survey

A YouGov survey showed that 64% plan to sell to take advantage of market conditions, more than half want to do so within the next 12 months …

Posted on 21/02/2023

UAE’s luxury homes capture the attention – but do not ignore mid-priced options

Whether on rental income or property values, mid-market could even outpace inflation … This is perhaps the most poignant preamble in beginning to describe the dynamics in the UAE real estate sector.

Posted on 21/02/2023

Over half of Dubai property owners would sell their units this year, YouGov study shows

Dubai: Almost two-thirds of Dubai property owners polled (64%) plan to sell their respective unit to take advantage of current market conditions and 52% would do so in the next 12 months in return for …

Posted on 21/02/2023

Prices in Dubai’s top property market to slow in 2023 but will lead globally

Dubai’s property market is expected to lead the global price charts in 2023 as it continues to attract high-net-worth individuals (HNWIs), but rising interest rates and sustained headwinds are likely …

Posted on 21/02/2023

All 593 homes in key phase of Reem Hills sold out in Abu Dhabi

Q Properties, a unit of UAE-based investment group Q Holding, has has announced that all available homes in its recently-launched phase of Reem Hills, an AED8 billion ($2.2 billion) gated community on …

Posted on 20/02/2023

Al Andalusia enters Dubai’s residential market with new project

UAE-based real estate developer Al Andalusia Courtyard has announced its foray into the residential properties sector in Dubai with the launch of ‘Maya Townhouse,’ a key project being set up at a …

Posted on 20/02/2023

Dubai outperforms global prime residential market in 2022

“There is still some headroom for growth for Dubai, given its sustained demand levels and lower prime property per sq ft costs compared to other global markets,” Pillai said. The Savills report …

Posted on 20/02/2023

Abu Dhabi issues 25,600 new licences as business activity is booming

Abu Dhabi Business Centre issues 25,600 economic licences as business in the emirate is booming Abu Dhabi issued 25,600 new economic licences last year as the emirate reported booming business growth.

Posted on 20/02/2023

Will Saudi Arabia be the next big destination for foreign investments in properties?

After Dubai, Russian-born proptech Realiste set to propel foreign investments in Saudi Arabia’s property market with its AI-powered platform Will Saudi Arabia be the next big destination for foreign …

Posted on 20/02/2023

New study finds Dubai residential market outperformed global prime peers in 2022

“However, there is still some headroom for growth for Dubai, given its sustained demand levels and lower prime property per sq ft costs compared to other global markets.” Miami and Dubai recorded the …

Posted on 20/02/2023

Taraf unveils first property in Palm Jumeirah, Dubai

Taraf, the recently created real estate unit of UAE-based investment holding group Yas Holding, has unveiled its first property.

Posted on 20/02/2023

DIFC achieves record 2022 growth amid Dubai’s continued economic recovery

The sharp growth supports Dubai’s D33 economic agenda objectives and was driven by the financial centre’s 2030 strategy aimed at doubling its contribution to the emirate’s economy by the end of the …

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