Dubai Properties – AED 111 Billion …

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Dubai Land Department revealed in its real estate report For the first half of 2018 reached 111 billion dirhams, the Dubai market reaffirms its attractiveness and ability to compete with global investment destinations In addition to the many strengths of Dubai, it seems clear that the horizon of real estate investments should leap thanks to all the government decisions Posted by the management UAE to facilitate business.
The same report shows that the number of 27,642 transactions was recorded during the first half, with 18,191 commitments of nearly 40 billion dirhams, while 7,668 operations were pledged for a total value of 57.6 billion dirhams. dirhams, against 1,783 transactions for 13.4 billion transactions. "The strategic decisions adopted by the government and based on the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Sovereign of Dubai, God willing," has the greatest impact on maintaining of sustained growth and competitive promotion National Economy. The policy of reducing government fees included in previous initiatives will be one of the most important incentives for economic growth in the emirate, as it will positively affect the cost of doing business and will bolster Dubai's position as a first choice on the list. The best investment destinations in the world. "
" Our response was immediate in accordance with these decisions. Real estate registration transactions were exempted from the 60-day registration delay, which was 4%, believing in the importance real estate sector and the pivot role play Dubai's economy.
Global Investment
On the investment side, the report shows that during the six-month period, Dubai held 19,371 investments across 15,659 investors, for a total value of nearly 37 billion dirhams. UAE nationals dominated the list with 2,986 investments valued at AED 6.8 billion. Second place came from Indians with AED 5.9 billion investment through 3,218 investments, followed by MAD 3.7 billion invested in Saudi Arabia with 1,415 investments. The list of the top 10 nationalities in Dubai included respectively Great Britain, Pakistan, China, Egypt, Jordan and France.
The report reveals that the total investment volume of GCC nationals in Dubai real estate increases by 11.6 billion dirhams. 3700 investors in 4919 investment case. Arab investors from 16 Arab countries took part in real estate investments in Dubai, for a total of 2,561 transactions by 2,094 investors, all of whom injected 4.115 billion dirhams
. The value of real estate registered with the names of women investors, about 9 billion dirhams, recorded by the Department of Lands and Property of Dubai, through the documentation of investment transactions raises to 5.526 deal
"If we want to identify the place of power in the real estate market, we find it We have reached the level of maturity necessary to pursue sustainable growth.The Expo Dubai 2020 is ongoing, and the public and private sectors Private developers are preparing to receive the event.In addition, the best developers on the market are eager to interact with the leadership tips to attract Dubai's investment and global leadership, supporting the vision and the strategic plan of Dubai 2021. "
Top 10 Areas of Attraction
In terms of the number and value of real estate transactions in the Dubai market during the same At the same time, the Gulf Business District with a business figure of AED 4.2 billion in 1934, Dubai Marina ranks second with 1,445 deals approaching AED 2.9 billion. Thirdly, "Al-Arqad" attracted 1,262 transactions, or 2.1 billion dirhams. Al-Barsha South Fourth, Rasan Al-Oula, Jebel Ali Al-Ahli, Al Habibah IV, Tania 5, Burj Khalifa and Al Lailis 2.
Dubai Marina ranked the top ten domains in terms of number of mortgages in During the same period, 498 transactions were valued at AED 1.7 billion. In terms of numbers, Jebel Ali I came in second with 454 transactions valued at 769 million, followed by Business Bay with 453 transactions exceeding AED 3 billion. The list included the fifth fold, Al Barsha South Fourth, Nad Al Shiba I, Wadi Al Safa 5, Palm Jumeirah, Burj Khalifa and the fourth fold.