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off-plan

Developer counts on Expo to create resurgent demand

MAG

Developers in Dubai are counting on Expo 2020 to generate demand for the properties that are scheduled for handover in the upcoming years. “The Expo is expected to receive up to 300,000 visitors a day when it opens, while also creating around 300,000 new jobs and attracting new residents to Dubai. According to recent JLL…

Emiratis, Indians, Pakistanis among top Dubai real estate investors

Dubai Real estate investments

Dubai real estate records Dh111 billion in H1 deals. Overall property transactions in Dubai totalled Dh111 billion for the first half of 2018, says the Dubai Land Department (DLD). This was done through 27,642 transactions. This represents an approximately 16 per cent decline compared to the same period a year ago. Overall property transactions in…

Are Dubai’s prime homes getting smaller?

smaller apartments

Despite Dubai’s image as an expensive metropolis, prime properties in the city are among the most spacious and lowest-priced of comparable global hubs, almost 40 per cent cheaper than Singapore and 50 per cent less than in Moscow or Paris, according to the Global Comparisons report by Core Savills. As a result, one can buy…

The smart way to invest in real estate

Smart way to invest in real estate

HI-TRAC The author’s shorthand for Happiness Index, Infrastructure, Talent, Regulations, Access and Capital. The six pillars that make the UAE a great place for a startup. This week’s is about a company that is leveraging the positive regulatory environment and creating capital for small investors in real estate. Forty two years – that’s the time…