The average rent of residential apartments in the emirate jumps 28% YoY to AED 99.737 in February, according to a report by CBRE Group.
The decree also allows for paying the amount in instalments over a year during which the applicant shall be granted tourism residency until the payment of the full price of the property.
Studio Lodha delivers extraordinary residences quickly and to an exacting standard through an extensive network of suppliers, bespoke furniture makers, and skilled artisans.
The GCC economies are forecast to achieve strong growth in 2023.
This is considered a new step for real estate export in the UAE to various countries of the world.
The new city will provide the community with residential, hotel, cultural, commercial, sporting and recreational services, all with a focus on renewable energy and sustainability.
Hazi Misr Exhibition will run its 21st round in Saudi Arabia on May 25th.
Dubai also ranks fifth among the most active cities, in terms of sales of real estate units, each value of which is $25 mn or more, through 26 deals.
Dubai is expected to attract a large share of the citizenship market through global investment, with this market expected to grow five-fold to $100 bn by 2025.
The decisions also aim to preserve the goals of the Kingdom's Vision 2030, which aims to raise home ownership rates for Saudis to 70% by 2030.
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