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Dubai Land Department (DLD) has issued 4,202 different real estate permits that includes 255,579 real estate ads in 2020 through the “Trakheesi” system on the department’s website.
Dubai’s real estate (realty) sector has maintained an increasing pace of performance, reflecting the vitality, flexibility and attractiveness of Dubai’s property market by recording 6,388 sales transactions worth Dhs14.79 in June 2021.
In his capacity as the Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed Bin Rashid Al Maktoum, issued new legislations aimed at increasing the efficiency and flexibility of Dubai government entities.
Global stock markets mainly dropped on Friday, with investors focused firmly on the outlook for interest rate hikes as central banks battle to bring down sky-high inflation.
A new trade exhibition will debut in Riyadh this September to unlock opportunities in Saudi Arabia’s US$300 billion infrastructure projects plan.
The real estate market in Dubai is robust thanks to the economic recovery in the UAE. The economic growth would continue considering the leadership’s