Real estate in Dubai
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…
Dubai Properties, a member of Dubai Holding, said on Saturday that it is drawing high interest for its upscale projects from investors and potential buyers in China. Over the past two years Chinese buyers have consistently ranked among Dubai Properties’ top ten buyer nationalities in terms of value, the company said. “As recently as April…
Dubai’s high-end freehold communities are seeing some sort of price stability, probably for the first time since mid-2014. The main reason for that is these locations are seeing fewer off-plan launches, which would add to the pressure on ready properties there. And a some of the locations are starting to see prices climb up from…
The term blockchain is largely synonymous with Bitcoin and Ethereum, but the technology has far-reaching applications that extend beyond cryptocurrencies. One of the industries that it will revolutionise to a massive extent is real estate, and this will benefit not just buyers and tenants, but also property managers, brokers and governments – in short, the…
Owning a home is a keystone of wealth… both financial affluence and emotional security.