Author Archives: df_admin

Arabian Business

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Established areas in Dubai still rank high on the radar of luxury property buyers, according to new research. Although the sale of a AED90 million villa at District One in Mohammed Bin Rashid City is the costliest house purchase in Dubai so far this year, a closer look at property transactions valued over AED10 million […]

The National

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Last month set a record for the most Dubai property sales since 2008 with close to 5,000 real estate transactions, according to Dubai Land Department statistics compiled by real estate portal Property Finder. There were 4,774 sales of residential and commercial properties and land, according to Data Finder, the real estate insights and data platform […]

Dubai Media Office Latest

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His Excellency Younus Al Nasser, Assistant Director General of Dubai Smart City Office, signed the Memorandum of Understanding (MoU) on behalf of Smart Dubai, with Michael Lahyani, CEO of Property Finder FZ-LLC. “Smart Dubai has a mandate to transform Dubai into a full-fledged smart city,” said His Excellency Younus Al Nasser. “With that in mind, […]

Arabian Business

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Downtown Dubai was the top performing community in the city both in terms of volume and value of total residential transactions registered in the first eight months of 2019, according to new research. Statistics from Data Finder, a real estate insights and data platform under the Property Finder Group, revealed that the community accounted for […]

Thomson Reuters

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Dubai witnessed significant increase in real estate transactions and investments in the first five months of 2019 with more than half – 57 per cent – of the fresh investments coming from new investors, official figures showed on Tuesday. The latest data reflects that the emirate’s real estate is on course to surpass last year’s […]

The National

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Earlier this month, Dubai formed a higher committee for real estate, headed by a Deputy Ruler Sheikh Maktoum bin Mohammed and senior property developers. It will look at restoring balance between supply and demand in the sector. A total of 20,978 residential units were completed in the first half of the year, according to Property […]

Thomson Reuters

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Residential sales transactions in Dubai in the summer of 2019 are at a four-year high, according to statistics from Data Finder, a real estate insights and data platform under the Property Finder Group. Analysis of residential sales data in June, July and August 2019 has revealed that, contrary to public perception, the summer months have […]

The National

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Dubai properties consistently offer rental yields of more than 7 percent on average, which compares favourably with other major cities. Average rental yields in New York stand at 2.9 per cent, London 2.7 per cent, Singapore 2.5 per cent and Hong Kong 2.4 per cent. “Despite a sustained contraction in prices, Dubai still holds its […]

Thomson Reuters

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Lynnette Abad, Director of Data & Research, Property Finder, said, “As new affordable villa communities are getting completed and being handed over, we have seen a migration to these communities from popular areas such as Dubai Marina and Emirates Hills. Families are choosing to live a little further out in the suburban areas of Dubai […]

Arabian Business

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Villa sales usually make up the bulk of luxury sales. According to real estate portal Property Finder, villa prices in Dubai have dropped 4.3 percent to an advertised median price of AED 855 per square foot compared to H2 2018. They are 12.1 percent cheaper than they were in 2017. Areas that have proved popular […]