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dubai real estate

Dubai Land Department adds new payment methods

Dubai Land Department adds new payment methods

The Dubai Land Department (DLD) has announced that its finance department recently activated new smart payment services through the Apple Pay and Samsung Pay applications. The move is aligned with the Dubai Smart Government’s strategy to support outstanding government performance based on the latest technologies. The DLD introduced the service in June and is now…

Developer counts on Expo to create resurgent demand

MAG

Developers in Dubai are counting on Expo 2020 to generate demand for the properties that are scheduled for handover in the upcoming years. “The Expo is expected to receive up to 300,000 visitors a day when it opens, while also creating around 300,000 new jobs and attracting new residents to Dubai. According to recent JLL…

Tenants, buyers remain in driving seat in Dubai

Mina by Azizi

The cost of renting and buying property in Dubai has decreased since H2 2017, but most price falls remain modest, according to Bayut.com. Haider Ali Khan, CEO of Bayut, said: “Renters and buyers are still firmly in the driving seat, with renters likely to bargain with landlords to negotiate a lower rent, or upgrade by…

Emiratis, Indians, Pakistanis among top Dubai real estate investors

Dubai Real estate investments

Dubai real estate records Dh111 billion in H1 deals. Overall property transactions in Dubai totalled Dh111 billion for the first half of 2018, says the Dubai Land Department (DLD). This was done through 27,642 transactions. This represents an approximately 16 per cent decline compared to the same period a year ago. Overall property transactions in…