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More support for proptech + crypto payments for real estate?
PLUS: Keyper collaborates with Dubai First + FAB on rent payment program
Dubai sets new record for USD 10 mn+ home sales in 2024
Villas comprised 68.5% of all USD 10 mn+ sales and jumped 20.2% y-o-y in value
AD Ports names MAG Group as lead developer for Marsa Zayed
The first phase will consist of 1.2 km of Red Sea beachfront
More attention on Dubai’s ultra-luxury property market
“The upper end of the market is the most profitable”
Omniyat secures a USD 100 mn private loan from Nomura
The funds will be used to support the development of a real estate project in Dubai
THIS MORNING: Fuel prices up in February + Inflation allowance program renewed for another year
Plus: Mubadala Abu Dhabi Open kicks off
DP World lists Mena’s first corporate blue bond on Nasdaq Dubai
ALSO- AirMed International opened a regional office at Dubai Healthcare City
Dubai property prices surge 27.5% as supply falls short
Only 58% of the anticipated residential supply was delivered in 2024
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