Favourable bank rates and dropping prices have meant that investors are once more looking to the UAE’s real estate sector, experts said at the 2020 Cityscape Real Estate Summit. The two-day event, which opened on Monday morning at the Dubai World Trade Centre, brings together several industry experts to highlight challenges in the sector, as…
The real estate and properties transactions valued at Dh2.9 billion in total through 1,241 deals during the week ending November 5, 2020, latest data shows. As many as 44 plots were sold for Dh176.48 million while 854 apartments and villas were sold for Dh1.49 billion, according to the Dubai Land Department. The top three transactions…
Dubai is home to a number of landmarks including the Burj Khalifa, the Burj Al Arab hotel, and the Palm Islands. The emirate will soon see the addition of one more landmark – the Sea Palace Floating Resort. Costing Dh600 million, the project consists of a hotel and six floating glass boat houses, each priced…
“What do we mean by the evolution of a new asset class?” “Will Real estate, the asset class we know, change?” “Will the old asset class be replaced?” “Why aren’t we there yet?” Let’s answer those questions in the simplest technical terms. Characteristics of Real Estate the asset class we currently know are: Advantages: Tangibility…
Owning a home is a keystone of wealth… both financial affluence and emotional security.