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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 ...
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 Dubai Mall officially opened in 2008, and Burj Khalifa in 2010. By 2014, Emaar was holding over $11.4 billion in real estate investments. [10] In 2007, the company was majority-owned by Dubai's government. [11]
Nakheel Properties. Nakheel Properties (Arabic: نَـخٍـيْـل, romanized: nakhīl, lit. ' palm tree ') is a real estate development company based in Dubai, United Arab Emirates. [3] The formal name of the company is Nakheel PJSC (private joint stock company) and it was a subsidiary of Dubai World and a private state-owned enterprise. [4][2]
The government's decision to diversify from an oil-based economy, and to make Dubai the main hub of tourists in the world, has made and other developmental projects such as Dubailand, more valuable, resulting in the property boom from 2004 to 2007. There are over 1,500 major freehold developments and communities in Dubai. [1]
Founded. 2006. Headquarters. Dubai, United Arab Emirates. Website. www.simsari.ae. Simsari is a web based product designed and developed for the real estate industry of the United Arab Emirates (UAE). It is approved by the State Government of the Emirate of Dubai and the Dubai Land Department. It was previously launched in 2006 as the only ...
DAMAC Group. Subsidiaries. DAMAC Hotels & Resorts. DAMAC International. Website. Official website. DAMAC Properties is an Emirati property development company, based in Dubai, in the United Arab Emirates. Founded by Hussain Sajwani, it was listed on the Dubai Financial Market in early 2015. [3] The company was delisted in 2022 after it was ...
In 2006-2007 Dubai's economy was actively developing, driven largely by its real estate and construction industries. The government of Dubai had invested heavily in infrastructure projects, such as the Palm Jumeirah and the Burj Khalifa, the tallest building in the world. In addition, Dubai had become a hub for international business and ...
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