UAE allows property brokerage firms to be 100% owned by foreign nationals
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2y ago
UAE National partners will still be needed as 'service agents' Manoj Nair, Business Editor (2021, September 27). UAE allows property brokerage firms to be 100% owned by foreign nationals. https://gulfnews.com/business/property/uae-allows-property-brokerage-firms-to-be-100-owned-by-foreign-nationals-1.1632714463009 The real estate sector in the UAE has been on a comeback since the start of the year, with Dubai seeing property values starting to rise in select areas. But demand since March has been recording strong monthly gains. Dubai: Property brokers will be able to have full owne ..read more
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DLD launches its real estate bulletin ‘Real Estate Updates’
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3y ago
Staff Reporter / reporters@khaleejtimes.com (2020, October 26). DLD launches its real estate bulletin 'Real Estate Updates'. https://www.khaleejtimes.com/business/dld-launches-its-real-estate-bulletin-real-estate-updates Dubai’s real estate market has maintained its appeal among local and international investors, despite the unexpected effects imposed by Covid-19. The real estate bulletin issued by Dubai Land Department (DLD) under the name ‘Real Estate Updates’ revealed that Dubai’s real estate market has maintained its appeal among local and international investors, despite t ..read more
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Real estate can play a major role in the region’s recovery even during a crisis
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3y ago
Nag E. (2020, October 07). Real estate can play a major role in the region's recovery even during a crisis. Gulf News. Retrieved from https://gulfnews.com/business/property/real-estate-can-play-a-major-role-in-the-regions-recovery-even-during-a-crisis-1.1602046713070 Despite the Coronavirus pandemic bringing about unprecedented global socio economic challenges, the UAE has worked tirelessly to contain the spread of the virus and bring about a normalcy in all sectors of life. Next month it will be reassuring to see the return of Cityscape Global to Dubai on November 16 and 17, albeit ..read more
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Dubai retains allure as city of choice for home buyers
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3y ago
John, I. (2020, August 10). Dubai retains allure as city of choice for home buyers. Khaleej Times. Retrieved from https://www.khaleejtimes.com/business/real-estate/dubai-retains-allure-as-city-of-choice-for-home-buyers Dubai retains its allure as one of the world's most preferred prime residential destinations for investors due to its affordability and relatively high yields compared to its global peers, according to a research released on Monday. For the second year in succession, Dubai has been rated the third most affordable city in the world for buying prime residential property aft ..read more
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Dubai developers keen to deliver projects ahead of Expo
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3y ago
Rizvi, M. (2020, August 02). Dubai developers keen to deliver projects ahead of Expo. Khaleej Times. Retrieved from https://www.khaleejtimes.com/business/real-estate/dubai-developers-keen-to-deliver-projects-ahead-of-expo   Image for Illustrative Purpose only  Emirate's property sector proves resilience during coronavirus period, completing 30% of 45,720 units in H1 Dubai's real estate is expected to gain momentum in coming months, with economic activities having resumed and developers racing against time to complete their announced projects ahead of Expo 2020, experts said. A ..read more
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Dubai’s real estate sector records transactions worth Dh72.5 billion in H1 2020
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3y ago
Dubai’s real estate transactions in Q2 2020 reach Dh24.5 billion, says DLD report Ramzan, A. (2020, July 25). Dubai's real estate sector records transactions worth Dh72.5 billion in H1 2020. Gulf News. Retrieved from https://gulfnews.com/business/property/dubais-real-estate-sector-records-transactions-worth-dh725-billion-in-h1-2020-1.1595666507612 Dubai: Dubai’s real estate market witnessed transactions worth Dh72.5 billion in the first half of 2020, despite the impact of the global COVID-19 outbreak, according to a report issued by the Dubai Land Department (DLD). The figures indicate ..read more
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How Dubai Metro's Route 2020 will impact property prices, rents
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3y ago
Abbas, W. (2020, July 19). How Dubai Metro's Route 2020 will impact property prices, rents. Khaleej Times. Retrieved from https://www.khaleejtimes.com/business/real-estate/how-dubai-metros-route-2020-will-impact-property-prices-rents   Historically, areas up to 15 minutes of walk to a Dubai Metro station tend to outperform the wider property market. Realty near these areas seen to be more favourable than before Property prices and rentals around areas connected to Dubai Metro's Route 2020 will be more resilient compared to the wider market, according to property analysts and industr ..read more
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Dubai now requires property management firms to reveal developer association
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3y ago
This move will empower homeowners in dealing with developer-owned firms Nair, M. (2020, July 15). Dubai now requires property management firms to reveal developer association. Gulf News. Retrieved from https://gulfnews.com/business/property/dubai-now-requires-property-management-firms-to-reveal-developer-association-1.1594721603859 Property management firms will have to reveal any associations they have with developers or other entities to prevent conflicts of interest. Dubai: In a groundbreaking move, Dubai will now require property management firms to disclose any relation to other ent ..read more
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Dubai realty set for V-shaped recovery
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3y ago
Strong June transactions lay foundation for rebound; more units being sold Real estate sale transactions in Dubai jumped by 60 per cent month-on-month in June 2020 signalling patterns of a V-shaped recovery, according to developers and property experts ..read more
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Dubai first city of choice for real estate investors
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3y ago
Invest in Dubai aims to highlight Dubai's position in real estate on a global front. Dubai should be the 'first city of choice' for the investors and all the stakeholders in the economy are working towards that, this was positive message sent by the top real estate players at the unveiling of Invest in Dubai on Tuesday. The Dubai Land Department (DLD), through the Promotion and Real Estate Investment Management Sector, launched its new 'Invest in Dubai', a year long virtual initiative under the theme 'Discussing the opportunities that arise from Dubai as a real estate investment destination ..read more
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