23/06/2024

Tag: dh300

News

Dubai Real Estate Transactions Cross Dh300 Billion In 2021 Property

Prime Minister Justin Trudeau’s government will provide low-cost leases of public land to developers and push manufacturing unit construction of properties as part of what it calls a “historic” plan to alleviate Canada’s housing crisis. A era in the past, the buyer’s agent had all the information — comparable neighborhood sales prices, tax histories, faculty district placement and particulars of the home — and was imagined to act as a comprehensive counselor. Popular 30-year fastened mortgage charges are hovering at decadeslong highs of round 8%, and the supply of houses remains far beneath normal, not enough to meet demand. A U.S. homebuyer’s dollar now goes about half so far as it did in late 2020. The case hinged on the commissions, usually of 6%, that sellers pay their agents, who then cut up them with the buyers’ agents.

With an investment of Dh450 million, real estate developer Sobha Group announced …

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