Category Archives: Real Estate

Real Estate

مجموعة عائلية إماراتية بصدد بيع عقار فاخر بقيمة 250 مليون درهم في نخلة جميرا وتدرس صفقتين آخرتين

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مجموعة عائلية إماراتية بصدد بيع عقار فاخر بقيمة 250 مليون درهم في نخلة جميرا وتدرس صفقتين آخرتين

دبي، الإمارات العربية المتحدة، الجمعة 9 فبراير 2024:

تدور مفاوضات من قبل مجموعة عائلية إماراتية بشأن بيع عقار فاخر بقيمة 250 مليون درهم في جزيرة نخلة جميرا، فيما تدرس صفقتين آخرتين لبيع عقارين في دبي بـ985 مليون درهم.

وتأتي الصفقات العقارية من قبل المجموعة العائلية الإماراتية في ظل الاهتمام المتزايد من قبل مستثمرين عالميين بنقل مقرّاتهم والاستقرار في دبي لما تمتلكه من بنية تحتية متطورة وما تقدّمه من خدمات لوجستية، وما تشكّله الإمارة من مصدر اطمئنان وأمان لاستثمارات الأثرياء والحفاظ على حياتهم الشخصيّة، حيث باتت وجهة عالميّة للاستثمار والعمل والسكن في آن واحد.

تقوم جهة عالميّة بالتفاوض مع إحدى العائلات الإماراتيّة لشراء عقار سكني فاخر في نخلة جميرا، إذ أنها تسعى لامتلاك مسكن في دبي هذه المدينة النابضة بالحياة.

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Real Estate

DLD fines 30 real estate companies for failing to comply with the terms and conditions specified in real estate advertisements

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DLD fines 30 real estate companies for failing to comply with the terms and conditions specified in real estate advertisements

Dubai, United Arab Emirates, 8 February 2024: The Real Estate Regulatory Agency (RERA), the regulatory arm of Dubai Land Department (DLD), emphasises that all real estate companies must adhere to the terms and conditions stipulated for real estate advertisements; this includes providing accurate and correct information to customers by obtaining advertising licenses. Additionally, it is obligatory to include a QR code to enable investors to identify and verify all associated property data advertised.

This resulted from the Real Estate Regulatory Agency fining 30 real estate companies for failing to comply with the terms and conditions specified in real estate advertisements, which are established to govern advertisements and curb negative practices within the industry.

Ali Abdullah Al Ali, Director of the Real Estate Control Department at RERA, highlighted that the agency has closely monitored real estate advertisements and market activities. As a result, 30 violations were identified among real estate companies, each incurring a
AED 50,000 fine for non-compliance with RERA directives. The agency had previously issued circulars and warnings to emphasise the provisions and conditions of real estate advertising and ensure compliance.

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Real Estate

Asteco 2023 Q4 Report: UAE Real Estate Market Surges Amid Global Uncertainties

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Asteco 2023 Q4 Report: UAE Real Estate Market Surges Amid Global Uncertainties

Abu Dhabi, 07February2024–According to the Asteco 2023 Q4 real estate report,the UAE market witnessed unprecedented growth during 2023despite the variousglobal challenges.The report anticipates continued positive trajectory over 2024. Key strategic initiatives, including the UAE Tourism Strategy 2031 and ‘We the UAE 2031,’ are expected to fortify the UAE’s standing as one of the premier destinations globally.

2023 Highlights

In 2023, record-breaking figures were observed in terms of individual unit sales values, transactional volumes and project launches. The luxury market attracted significant attention, showcasing some of the most remarkable transactions to date.

The surge in transitioning annual leases into short-term rental properties for short-term gains and the lag in new deliveries stemming from Covid related development delays have amplified the supply-demand dynamics at play, and ultimately resulted in heightened rental pressure.

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Real Estate

Landmark announcements and growing demand points to a promising future for Ras Al Khaimah real estate

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Landmark announcements and growing demand points to a promising future for Ras Al Khaimah real estate

Ras Al Khaimah, UAE – January 2024: Bayut, the UAE’s leading property portal, has released their latest Ras Al Khaimah Market Report, with detailed insights on search trends in the northernmost emirate in 2023. In the past two years, the Ras Al Khaimah real estate market has seen a notable increase in activity, which is expected to continue into 2024. The same outlook is also reflected in Bayut’s Ras Al Khaimah 2023 market report. An analysis of search trends on Bayut has shown that demand for both villas and flats grew steadily, driving property prices upwards in most of the highly searched areas of the emirate.

The implementation of zero tax and the option of full foreign ownership have emerged as key catalysts, successfully attracting global investors to the emirate. Several property projects, including Cape Hayat on Hayat Island (Mina Al Arab) and the complete inventory on Al Marjan Island in RAK have been reported as sold out, underscoring the growing interest and confidence in the real estate sector.

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Real Estate

Inaugural UAE Property Forum in Brazil Concludes Successfully

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Inaugural UAE Property Forum in Brazil Concludes Successfully

  • Saleh Al-Suwaidi: The forum is a significant addition to the real estate sector and strengthens relations between the two countries.
  • The forum received support from various government and private entities, with prominent participation from Nakheel.

Dubai, UAE, 07 February, 2024: The first UAE Property Forum concluded at the Tivoli Mofarrej hotel in Sao Paulo, Brazil. The event was hosted by the United Arab Emirates Embassy in Brazil and the United Arab Emirates Consulate General in Brazil over two days. It featured the participation of leading real estate developers from the UAE with the aim of enhancing growth and collaboration in the real estate sector and strengthening relations between the two countries.

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