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Summer 2019 – Dubai’s Real Estate Market Hits Highest Sales in 4 Years

Summer 2019 – Dubai’s Real Estate Market Hits Highest Sales in 4 Years

In the summer of 2019, Dubai witnessed its highest real estate sales in 4 years in terms of volume and value of transactions. The real estate market has seen a surge in sales for offplan, ready and short term rental properties.
Apartments, villas, hotel apartments, townhouses, and residential plots have had a robust performance. A total of deals worth AED 14.94 billion were recorded in June, July, and August of 2019. The ready homes sector registered a cumulative sale of AED 7.07 billion during the summer months of 2019.
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You Can Now Buy A Property In Dubai With Cryptocurrency

You Can Now Buy A Property In Dubai With Cryptocurrency

Unless you’ve been living under a rock, you would have heard of the term 'cryptocurrency' in the last few years. This new internet-based currency has become a global phenomenon. And now- for the very first time in Dubai, you can buy your dream home using Bitcoin or Ethereum!
Unlike regular money, it exists digitally only. Its value is based on supply and demand, and unlike other currencies that are managed by the government, cryptocurrencies are operated by a network of computers running open-source code. As long as you have a smartphone or another device that connects to the internet, you can access your account.
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Here’s What’s Happening In Dubai

Here’s What’s Happening In Dubai

Dubai is one of the most inspiring, exciting and prosperous cities in the world. It’s strategic location, growing economy, physical infrastructure and fabulous lifestyle, coupled with zero income tax make it a very appealing destination for expats and businesses alike.
Ever expanding, Dubai works hard to maintain its innovative status. Currently, there are many projects brewing that will no doubt shine an even greater spotlight on the city in the years to come.
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