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Dubai developers bullish about 2018 outlook

Dubai developers bullish about 2018 outlook They are counting on the upcoming Expo to drive up demand and prices next year Shrugging off concerns about oversupply, Dubai’s top real estate developers sounded bullish about the sector’s outlook for 2018. As Expo 2020 nears, demand and prices are projected to rise, with investors flocking to cash…

Why Dubai brokers can’t sign rent contracts anymore

Why Dubai brokers can’t sign rent contracts anymore Dubai Land Department prohibits brokers with power of attorney to sign on behalf of landlord If you are a real estate broker handling an overseas landlord’s property portfolio in Dubai using a power of attorney (POA), you may be no longer entitled to sign lease documents on…

Jumeirah lights up with the Bulgari

The hotel component opens for business at Dubai’s next destination for luxury living The lights have gone on at the seahorse-shaped Jumeirah Bay, Dubai’s next big destination for luxury living. The first component of that experience — a Bulgari hotel and right on the waterfront — opens its doors wide on Thursday and to be…