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Real Estate in Dubai refers to the market for property development and investment in the emirate of Dubai, United Arab Emirates. Real estate is a significant contributor to Dubai's economy, accounting for a substantial portion of the city's GDP. [1] Dubai's real estate market has experienced growth and transformation, driven by the city's rapid ...
The Real Estate Regulatory Agency (RERA; Arabic: مؤسسة التنظيم العقاري) is a government agency to regulate the real estate sector in Dubai, the governmental Dubai Land Department. It's a head agency which forms, regulates and authorizes the real estate sector in Dubai. RERA was founded on 31 July 2007 by His Highness Sheikh ...
In September 2013, the Dubai Land Department increased property transfer fees from 2 to 4%. [41] In early 2014 the government regulator imposed restrictions on outside-companies acquiring real estate in the emirate, insisting such companies had to have a presence in Dubai, and had to be owned by a natural person or persons, and not by another ...
The deadline for property registration with the online portal was 31 August 2012. Dubai Land Department and RERA considered it as a mandatory requirement from 1 September 2012. All RERA-approved real estate brokers and property management firms who do not get their properties registered before this deadline will be penalized. Advantages
Dubailand was an entertainment complex planned to be built in Dubai, United Arab Emirates, which was owned by Tatweer (which belongs to Dubai Holding). When announced in 2003 it was one of the most ambitious leisure developments ever proposed anywhere in the world costing $64.3 billion. [1] The development was put on hold in 2008, due to the ...
EJARI. In Dubai, EJARI is an online registration system initiated by the Real Estate Regulatory Agency (RERA) that requires all rental or lease contracts in Dubai to be recorded at this portal. [1] The main objective of the system is to legalize the relationship between landlords and tenants in Dubai. [citation needed]
Coordinates. 25°00′36″N 54°59′06″E / 25.010°N 54.985°E / 25.010; 54.985. Administration. Dubai, United Arab Emirates. Palm Jebel Ali (نخلة جبل علي) is an artificial archipelago in Dubai, United Arab Emirates. It began construction in October 2002 and was originally planned to be completed by mid-2008 but has ...
The development includes Meydan Racecourse hotels, sky-bubble restaurant, entertainment, clubs, a concourse plaza, towers and a boat-house. 8. Al Sufouh Tramway. Dubai Roads and Transport Authority (RTA) November 2014. AED 3.18 billion. 14.5 kilometers (9.0 mi) long. Al Sufouh Tramway is a tramway being built in Al Sufouh, Dubai.