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Information about the land conditions can be given when the Dubai Land Department studies the condition of Land relations. In November 2013, Dubai Land Department launched an online real estate portal designed for sale, rental and auctions of properties, as well as for exchanging private and public real estate information. [2]
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 ]
A 100 GRM (monthly rents) = 8.33 GRM (annual rents). An 8.33 GRM calculated on annual rents suggests the gross rent will pay for the property in 8.33 years. The common measure of rental real estate value based on net return rather than gross rental income is the capitalization rate (or cap rate). In contrast to the GRM, the cap rate is not a ...
2009 Dubai housing crash was a major economic crisis that hit the Emirate of Dubai, one of the seven emirates that make up the United Arab Emirates (UAE). The crisis was sparked by the 2007–2008 financial crisis , which severely impacted Dubai's economy, particularly its real estate sector. [ 1 ]
The Dubai Executive Council is the legislative arm of the Dubai government. Following its formation in 2003, the Dubai Executive Council has become the legislative arm of the Dubai government, enforcing royal decrees issued by the ruler of Dubai into governmental regulations and policies and facilitating intra-governmental communication.
Dubai Properties is a property development and management company based in Dubai, United Arab Emirates. [2] The company is a member of the Dubai Holding group . [ 3 ] In 2009 the attorney general of Dubai stated that Hashim Al Dabal, then chairman of Dubai Properties, was arrested on "suspicion of embezzlement ". [ 4 ]
Al Furjan is a property development in Jebel Ali, Dubai, United Arab Emirates. [2] Nakheel Properties heads the development and Azizi Developments owns the largest number of residential buildings. [ 3 ] [ 4 ] [ 5 ] It borders Jebel Ali Village and is near Ibn Battuta Mall , the Gardens , and Expo 2020 . [ 6 ]
Jumeirah Beach Residence (also known as JBR) is a 1.7 kilometres (1.1 mi) long, 2 square kilometres (0.77 sq mi) gross floor area waterfront community located on the coast of the Persian Gulf in Dubai Marina in Dubai, United Arab Emirates. It is a residential development and contains 40 towers (35 are residential and 5 are hotels).