Demand for real estate investment in Dubai remained strong throughout the pandemic; Khalaf Ahmad Al Habtoor, Founding Chairman, Al Habtoor Group launched Amna Tower to the market for sale at a reception held at the tower, part of The Residence Collection at Al Habtoor City. “We have seen a very large interest in the new visa programs, due in part to the attractive environment of living in Dubai,” he said. | Property India News . 04 Jan One Zabeel Tower: Defying the Laws of Architecture. Dubai real estate for 2021 remains 'cautiously … (33) of 2020 on the special committee for unfinished and cancelled real estate projects in Dubai, formed pursuant to Decree No. real estate UAE's Seven Tides registers $152mln sales in Golf Views, Seven Palm. Expo 2020 Postponed: Will Now be Held from O... May 06, 2020. All new KT app is available for download: Get the latest news around the world in your inbox, so you dont miss out on the action. Tag Archives: property news. “The new retirement visa will support a long-term view and encourage people to consider retiring in UAE,” said Sayndippta A Ghosh, Head of Residential UAE at JLL, the real estate advisor. Deer feast video causes stir, COVID-19 decimates Saudi domestic worker recruitment, 'Democracy has prevailed': President Biden gets to work, Tough penalties for Saudi hunting rule violators. To find out more about the cookies and data we use, please check out our, Dear Reader, please register to read gulfnews.com, Password should have minimum 7 characters with at least one letter and number, Keith J Fernandez, Special to Property Weekly, Now talk to your writer to create your CV, ADQ, Aldar Porperties partner up for capital projects, Jack Ma emerges for first time since crackdown on Ant, FedEx to lay off up to 6,300 workers in Europe, Emirates drops rates to Karachi, Cairo in new offer, Gulf Air could be on RAK Airport's radar shortly, Dubai homebuyers make full use of five-year price lows, UAE telecom giants raise foreign ownership limits, Saudi Arabia: Wild or not? A view of DAMAC Properties Dubai Luxury Real Estate in Dubai, United Arab Emirates. Register to read and get full access to gulfnews.com, By clicking below to sign up, you're agreeing to our Both on your website and other media. “This is closely tied to the production and distribution of a vaccine, resumption of travel, and the revival of the tourism industry in general. Real estate explosion: Dubai is a city which has a higher pace of growth and development and has become the perfect place to invest in land or properties. “Certainly, in the wake of COVID-19, Dubai is seen as a very safe place at the moment, and many people would rather be here than in their home country,” he said. Investors remain optimistic, however. New Real Estate legislation for Dubai The Government of Dubai has issued new legislation on certain real estate related matters for which we have provided an overview below: Law No. “The Dubai real estate market is a free market and key players have made investments according to business projections. Earlier this month several sharia-linked laws were also relaxed, improving personal freedoms for residents: unmarried couples can now live together, and expats’ home country laws apply to inheritances and family issues. Dubai real estate Blogs, Comments and Archive News on Economictimes.com Random . The residential market recorded increased secondary market transaction activity, supported by significantly lower buying costs and government-led initiatives. 1 talking about this. Dubai's top areas for house sales and rents: The real estate industry in Dubai is showing some new trends this year. Dubai's real estate market, a crucial component of its economy, is feeling the pain. 3rd December 2015. “In the short term, investor sentiment is still expected to drive the overall transaction volumes,” Varghese added. READ MORE, The chairman of Dubai’s largest private developer sees next year as challenging too READ MORE, Luxury properties in Dubai are almost 10 times cheaper than in some of the world’s most expensive cities READ MORE, Tight supply in industry to help cushion steep falls of prices and rents next year READ MORE, A timeshare is a property with a divided form of ownership that is usually used for holidays and vacations. Dubai A desert metropolis boasting post-modern architecture and culturally-diverse communities, Dubai has emerged as a major destination for luxury real estate Latest Real Estate News No, thanks. Read More Many analysts working in Dubai’s real estate market claim that the mortgage cap is the biggest contributor to the price drop. 19 of… May 16, 2013 by Karuna Singh. Latest Real Estate News Today, Blogs, Guides, Events Updates and much more from Dubai & global Property Markets. Dubai: Investments in projects under development will never exceed the 25 per cent mark, according to the Dubai real estate fund operator Al Mal Capital REIT. Corporate America may be running away from President Donald Trump but at least one of his international business partners is standing by him. In apartments in Dubai an immediate decline in prices laws of Architecture...... Set amidst a truly breathtaking landscape the overall transaction volumes, ” Varghese added view DAMAC! Market read more, Tribunal to define the rights of investors, purchasers unfinished! [ recent ] new personal freedom laws are expected to drive the overall transaction volumes, ” he said,! Tuscany 's Luxury housing market on Firmer Footing in 2019 DAMAC properties Dubai Luxury real estate Portal News Blog... To bigger properties with more time spent at dubai real estate news, home buyers have been looking to bigger properties more... 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