Real Estate

Dubai and Abu Dhabi property markets to receive ‘influx of buyers’ from new UAE visa rules

Brokers say the Cabinet overhaul of the visa residency system will boost the sector amid already strong demand   The expected overhaul of the UAE visa residency system will “hugely benefit” the country’s real estate market and bring a “significant influx in buyers”, brokers said. The changes, set to come into effect by September, include parents being able

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Villas priced from $4.9m launched at Dubai’s Tilal Al Ghaf with inland lagoon and beach

A collection of ultra-prime villas has been launched in Dubai amid strong demand for luxury homes in the city.   The Elysian Mansions development is part of the Tilal Al Ghaf project, which is being developed by Majid Al Futtaim, and is located close to Dubai Sports City. Marketed as “organic-luxe homes inspired by nature”

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Overseas investors, end-users set to drive Dubai property market

First-time buyers, District 2020 also lead demand for residential properties in the emirate   The Dubai real estate is expected to continue its golden run post-Expo 2020 as foreign investors are returning to the market to capitalise on investment opportunities in the emirate. Foreign investors, end-users and District 2020 will continue to drive Dubai real

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Dubai records property deals worth $17bn in first half of 2021

About 54% more apartments and 49% more villas were sold, compared with the second half of last year, Property Finder says. Dubai registered property deals worth Dh61.97 billion ($16.87bn) during the first half of 2021, indicating a broader economic recovery in the emirate’s real estate market, according to listings portal Property Finder. The value of

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