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dubai

Dubai likely to focus new developments in key pockets

Dubai Developments

There are still pockets in Dubai which can be developed under better urbanisation plan rather than pushing the boundaries of the city to bring balance between demand and supply, “In order to re-establish balance between demand and supply, I would also encourage not to push the boundaries of the cities. Within the city, there are…

Revealed: how UAE property price declines compare globally

Global Residential Cities Index

Dubai and Abu Dhabi posted two of the highest property price declines in the world between Q3 2018 and Q3 2019 – Knight Frank Dubai and Abu Dhabi posted two of the highest property price declines in the world, according to Knight Frank’s latest Global Residential Cities Index. The index, which covers real estate markets…

UAE real estate investment fund regulations amended

UAE real estate investment

UAE real estate investment fund regulations amended- Abu Dhabi: The Securities and Commodities Authority (SCA) has amended an administrative resolution related to regulating the “General Real Estate Investment Fund,” which will be in force upon its issuance. The amendment issued in 2019 includes changes to Article 2 of the administrative resolution, which stipulates that the…

Dubai must not position as a cheap destination

Dubai must not position as a cheap destination

Dubai offers world-class infrastructure and best quality of life. If you believe Dubai should be a cheaper place to live and work for, think again. Because not everyone thinks on the similar lines. Because bankers, professors and professionals believe that the Dubai should not aim to position itself as a cheap destination. While speaking at…