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BESPOKE HOME FINANCE TO BOOST DUBAI REALTY

Home finance institutions are coming up with unique propositions to stimulate the emirate’s property sector in the run-up to Expo 2020 For Mohamed Farah, it sounded like a great deal. A Dubai resident since 1992, the Syrian business owner was able to buy an off-plan studio flat in Damac Heights for Dh700,000 without putting down…

Sales soar at Cityscape Global as buyers pile in

Aldar scores a major hit raising Dh400m and others have had stellar results Dubai: Landing Dh400 million of sales over three days seems the easiest thing to do … at least for Aldar Properties, which announced that its first two mid-market buildings on Yas Island sold out at Cityscape. Developers who had something to offer…

First Dubai landlords agree to accept Bitcoin rent payments

Broker fam Properties says number of Jumeirah landlords to make switch from October 1 One of Dubai’s largest real estate brokerages has revealed that some landlords will start accepting Bitcoin payments for residential property rentals starting next month. fäm Properties said that from October 1 a number of landlords whose properties are managed by the…

Future of World Expo site to be unveiled at Cityscape Global

District 2020 designed to be environmentally progressive and sustainable What will happen to the Expo 2020 site after the big event is over? The UAE will find out on Monday when District 2020, a residential and commercial area that will “be home to world-class innovation, educational, cultural and entertainment facilities as well as a conference…