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real estate investors

Co-working spaces are the future for commercial realty

Millennials – those currently aged between 20 and 37 – are changing the way the world works and are demanding new ways of working. The Dubai real estate sector must be mindful of the changing demands of working and work spaces and react to future needs. It is very clear that the rising tide of…

Meraas completes Dubai Arena facade

Dubai: Meraas has completed the Dubai Arena façade, according to the developer, with the panelled structure now fully installed. Work on external infrastructure and landscaping, including paving and parking spaces, are also under way at the City Walk structure, while the company says that the finishing touches are being made to the first of 46…

Affordability vs affordable must-haves

Has the concern on affordability been fully addressed in Dubai? We have seen new projects launched at lower price points, unit sizes becoming smaller (or more “efficient”) and more investor-friendly payment plans consisting of post-handover collections. Urbanisation is rapidly taking place, with the city expanding towards Dubailand and the south. Developments in new locations and…

Dubai real estate brokers earn Dh842 million in commissions

The Dubai Land Department (DLD) has announced that real estate brokers earned commissions worth Dh842 million in the first nine months of 2018. The brokers contributed to concluding 18,121 transactions in that period. The report issued by the department of real estate studies and research at DLD shows that brokers earned Dh429 million from land…