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Institutions deploy Dh100 billion in Dubai real estate market
December 30th 2018Banks and private companies are the top institutional purchasers of real estate in Dubai. Institutional investors made over 15,600 transactions in Dubai in 2017, with a combined value of just over Dh100 billion, according to JLL. “This sector has consistently grown in value each year since 2013 with transactions by institutional investors totalling around Dh85 […]
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It was a buyer’s market for UAE real estate in 2018
December 30th 2018Visa reforms and proposed regulations improve buyer sentiment. The UAE also announced landmark visa reforms which will benefit the property industry. Starting next year, expats in the UAE aged 55 or over will be eligible to secure a five-year retirement visa, if they meet certain requirements, including investing in properties worth at least Dh2 million, […]
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Will sale prices, rents stay affordable in Dubai next year?
December 30th 2018Sales prices and rents are likely to remain under pressure. 019 will also continue to be a pro-buyer property market in Dubai. Due to ample existing and recently delivered supply, sales prices are likely to remain under pressure in 2019. According to ValuStrat, prime residential areas, which saw relative resilience in 2018, may continue to […]
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These are most affordable areas to live in Abu Dhabi
December 27th 2018The Abu Dhabi property market has seen sales and rents decrease on average for apartments and villas. Only certain areas in the emirate have seen a significant price change, according to a recent report by Bayut, a property portal. Sales trends Al Reem Island is the post popular community for apartment sales while the most […]
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End-users and affordability take centrestage in Dubai property
December 27th 2018Developers are offering attractive incentives, competitive rates and payment plans. Recapping 2018 is not easy as the news cycles were dominated by a slew of positive initiatives and launches by the government geared to boosting market sentiment – while the market itself remained soft. The year began with the introduction of value-added tax (VAT) grabbing […]
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Emaar, TikTok explore synergies
December 27th 2018Emaar can access TikTok’s international audience via destination marketing, digital content creation as Emaar and TikTok explore synergies. Emaar has signed a memorandum of understanding to explore collaboration opportunities with TikTok. TikTok will mark its official launch in the UAE on New Year’s Eve with a one-minute dynamic lighting show on the Burj Khalifa, preceding […]
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