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dubai real estate

Dubai adopts AI to expose fake realty firms

AI in real estate

Dubai adopts AI to expose fake realty firms The Dubai Land Department (DLD) said it will be using artificial intelligence (AI) to verify Ejari contracts starting this month. The new technology is part of DLD’s latest governance system for verifying lease contracts, and the AI will be used to correctly match contract signatures with those…

What is a defect liability period?

defect liability period

What is a defect liability period? Congratulations, your property is finally ready. Construction is complete and you are now a proud owner. While the main interest is now to ensure a quick return on investment by renting out the property as soon as the building completion certificate is signed, which officially allows the occupation of…

A real estate conundrum: space and affordability

Real estate conundrum

A real estate conundrum: space and affordability While the growing number of competitively priced housing in Dubai has opened the property market to a much larger slice of the population, it also comes with a consequence: smaller residences. The days of “bigger is better” catchlines are now being replaced by greater focus on space and…

Bullish times ahead for Dubai property market

bullish times ahead

Bullish times ahead for Dubai property market Citizens of India, Pakistan and Britain continue to lead the non-Arab investors in Dubai’s real estate sector with official and industry executives forecasting bright outlook for the industry. Figures released by Dubai Land Department (DLD) showed that 13,759 real estate transactions worth Dh58 billion were recorded in Q1…