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DLD

DLD, DFM pact to stimulate REIT listings

REIT

The Dubai Financial Market (DFM) and the Dubai Land Department (DLD) have signed a memorandum of understanding (MOU) that will create more incentives for real estate trust funds (REITs) listed and traded on the financial market. Offering “numerous DLD fee incentives for real estate companies and REITs”, the partnership aims to open new opportunities in…

Reforms in mortgage rules can lift property demand and prices

mortgage reforms

Reforms in mortgage rules can lift property demand and prices For the UAE’s real estate sector, any change to the current status quo on mortgages will be welcome … more so if the proposed law makes it easier for potential end users to come in. In particular, they are hopeful that new rules will raise…