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Tag: property

Posted on 25/04/2023

Dubai property developers urged to support charity

Dubai real estate developers can support good causes by donating units to good causes Dubai property developers urged to support charity Charity, Dubai, Dubai Land Department, Dubai real estate, …

Posted on 25/04/2023

$34 million for ‘sand’: Dubai’s most expensive land plot sale, explained

A sand plot on Dubai’s artificial island of Jumeirah Bay has been sold for a whopping 125 million dirhams or US$34 million …

Posted on 25/04/2023

Rs 1.10 lakh per square foot: Dubai plot sold at a record-breaking price

The buyer, who doesn’t live in the United Arab Emirates, is planning to build a family vacation home on the property.

Posted on 25/04/2023

Dubai real estate: Property transactions see $599mn high on Monday

Monday’s spike in real estate transactions comes on a day when the city witnessed sale of a patch of land in for a record-breaking $34 million Dubai real estate: Property transactions see $599mn high …

Posted on 24/04/2023

Dubai sets new record for most expensive land plot sale in $34m deal

A 24,500 square feet sand plot in Jumeirah Bay sold for Dh125 million ($34 million) last week, making it the most expensive land plot sold in the UAE. The transaction surpassed the previous record for …

Posted on 21/04/2023

Best Dubai property investments revealed by AI, 61% price hike forecast

The best Dubai neighbourhoods for property investments have been identified by artificial intelligence Best Dubai property investments revealed by AI, 61% price hike forecast Artificial intelligence, …

Posted on 21/04/2023

Custom-built houses on the rise among UAE residents

The UAE is known for its glitzy skyscrapers and luxurious residential towers, but a new trend is taking hold in the country’s property market: custom-built homes.With an increasing number of expats …

Posted on 20/04/2023

Dubai’s property sector sees transactions worth AED157 billion in Q1-23, 80pc YoY growth

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE, said the outstanding performance of Dubai’s economic sectors …

Posted on 20/04/2023

Abu Dhabi Q1 real estate deal value grows three-fold to $3.2bn

Abu Dhabi’s real estate sector has registered solid growth for the first three months with its sales transaction value growing three-fold to hit AED11.602 billion ($3.2 billion) from AED3.633 billion …

Posted on 20/04/2023

‘Pressing need’ for more homes to ease Dubai property shortage, experts say

Dubai’s population boom, paired with an influx of European property investors, is driving a housing shortage and a rise in rents, real estate experts have said. The city’s popularity has led to new …

Posted on 20/04/2023

UAE property: ‘Can I refuse to sign my lease after moving into the unit?’

I rented a new apartment. The unit is owned by a management company, unlike the single owner I dealt with for the previous apartment I rented. I handed over the rent cheques to the company and they …

Posted on 19/04/2023

The Dubai Effect: buying property for less than the average property price in a growing market

Investors from Western Europe and Asia are flocking to Dubai’s thriving property market, with sales reaching record heights in 2022. DAMAC Harbour Lights, a stunning 52-storey residential tower in …

Posted on 19/04/2023

Abu Dhabi and Dubai property sales surge in first quarter

Property sales in Abu Dhabi and Dubai surged in the first quarter of this year compared with the same period a year ago as the UAE’s property market continues to rebound strongly from the coronavirus …

Posted on 19/04/2023

UAE property developer Damac sells $400m sukuk

Damac’s projects are targeted at the higher-end of the market as the company seeks to take advantage of a property boom in Dubai amid a strong … bonds has also spurred new issues. On Monday, Abu …

Posted on 18/04/2023

Dubai property prices to continue rallying in 2023 – Here’s why

Prices are likely to be remain high because about 80% of property sales in Dubai are cash based and so less impacted by interest rates, investors will continue to be drawn by attractive rental yields …

Posted on 17/04/2023

Why it is the right time to invest in the Dubai real estate market and what you should be looking out for

Dubai. In the past 10 years, Dubai has developed itself into a sought after city for both foreign investors and first-time buyers, becoming a place of attractive investment opportunities within the …

Posted on 17/04/2023

Dubai: European Buyers Surpass Indians, Pakistanis In New Property Project

Most of these property developers are coming from Western European countries such as Switzerland, Germany, France and the UK to cash in on higher returns in terms of rentals and capital appreciation.

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