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dubai real estate

Brokers get creative with innovative property sales structures

real estate agents

Dubai property developers have been increasing incentives in the form of payment plans, post-handover options, guaranteed returns, registration fee waivers and much more to attract buyers. But such innovative methods to seal the deal are not restricted to developers; brokerage firms are also trying out new ways to get transactions rolling. “Sell-on clause” is one…

Dubai office market set to see demand boost from gov’t incentives – JLL

Dubai office

The Dubai Government’s recent announcements to promote foreign investment and investor confidence is likely to boost demand in the city’s office market in the medium term, according to consultants JLL. Its latest report said the reduction in the fee charged on businesses by the Dubai Municipality from 5 percent to 2.5 percent and the relaxation…

Enriching Dubai’s ‘third space’

Reem mall

As Dubai’s retail real estate footprint continues to aggressively expand, analysts say development efforts may be moving in the right direction, in tune with a global trend. The key: innovation, particularly in food and beverage (F&B) concepts. According to CBRE’s retail science research report, How Global is the business of retail, the continued success of…

Potential property owners in Abu Dhabi need to time their entry

Abudhabi

Property owners scouting in Abu Dhabi will need to get their timing absolutely right. Wait around and they could see property values spike as and when the full impact of the Dh50 billion stimulus package starts being felt by key sectors in the emirate. The package, announced in June, specifically addresses extended visa requirements as…