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dubai real estate

Need for a rethink on rent control mechanisms

Dubai Rental

In every city where rents start to rise dramatically, the calls for rent control become loud enough for the regulators to follow with some form of restrictions. And in every city where such controls have been introduced, the effects have been ambiguous at best, with economists arguing for “market based pricing”, while social activists talk…

Owning a stake in Dubai properties for a few thousands

Emirates REIT

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…

Will DLD initiative kill the real estate agency?

Dubailand smart initiatives

The introduction of the Dubai Land Department’s Real Estate Self Transaction (REST) platform by 2020 will result in more streamlined and efficient property transactions as well as a consolidation in the brokerage business, experts say. A Dubai 10X initiative, the digital platform will automate all property transactions between the buyer and seller as well as…