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Dubai adopts AI to expose fake realty firms The Dubai Land Department (DLD) said it will be using artificial intelligence (AI) to verify Ejari contracts starting this month. The new technology is part of DLD’s latest governance system for verifying lease contracts, and the AI will be used to correctly match contract signatures with those…
What is a defect liability period? Congratulations, your property is finally ready. Construction is complete and you are now a proud owner. While the main interest is now to ensure a quick return on investment by renting out the property as soon as the building completion certificate is signed, which officially allows the occupation of…
A real estate conundrum: space and affordability While the growing number of competitively priced housing in Dubai has opened the property market to a much larger slice of the population, it also comes with a consequence: smaller residences. The days of “bigger is better” catchlines are now being replaced by greater focus on space and…
Dubai house rents may fall more in these areas… Residential rents across Dubai registered no change during Q1 2018, according to property consultancy Cluttons. This helped to improve the annual rate of change to -3.1 per cent from -7.7 per cent at the end of last year. This marks the first stable quarter for rents…
Owning a home is a keystone of wealth… both financial affluence and emotional security.