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Want to pick up a piece in that shiny new residential tower in Downtown Dubai? Or an office block on Shaikh Zayed Road, even though you only got a few thousands to spare. Don’t worry, you could soon have that opportunity. Gulf Islamic Investments’s new real estate investment trust (Reit) aims to make it as…
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…
The recently announced 10-year residency visa and 100 per cent foreign ownership provision in the UAE has triggered conversations around the possible impact this would have on the property market. Based on the information released so far on the new visa system, specialist categories (such as professionals in medicine, sciences, research and technical fields) as…
Developers in Dubai are pulling out all the stops to attract end-users/investors to their unsold stock. This is resulting in some ingenious sales schemes. As a result, even the traditionally quiet period of the holy month of Ramadan has seen active sales campaigns from developers and their broker partners in ready-to-handover communities. If the estimated…
Owning a home is a keystone of wealth… both financial affluence and emotional security.