Real estate transactions in Dubai jump 197% to Dh21.8bn in May

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Real estate transactions in Dubai jumped 197 per cent annually in May as its economy continued to recover from the coronavirus pandemic-induced slowdown, according to the emirate’s land department. Total real estate transactions during the month reached Dh21.8 billion ($5.93bn), the Dubai Land Department said on Thursday. Sales transactions made up Dh11.03bn of this, mortgage[…]

Dubai Housing Market.com is the latest launch of the leading real estate technology company Housing Market Group (HMG)

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(ProNewsReport Editorial):- Hong Kong, Hong Kong S.A.R. Jun 17, 2021 (Issuewire.com) – Property buyers and sellers in Dubai are thrilled to have a new branch of Housing Market Group in their city. Dubai Housing Market.com is a new addition to the expansion of the real estate technology company. Citizens of Dubai can freely discover all the local and international[…]

Most major Gulf bourses in red; financials aid Saudi – Markets

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Most major stock markets in the Gulf ended lower on Wednesday, with the Dubai index leading the losses, while financial shares bolstered the Saudi bourse. Dubai’s main share index declined 1%, with sharia-compliant lender Dubai Islamic Bank and blue-chip developer Emaar Properties both losing 1.4%. Elsewhere, DAMAC Properties retreated 1.5%. Last week, United Arab Emirates[…]