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UAE in 40th spot in global real estate transparency

Burj al arab

Already the most “transparent” real estate market in the region, the UAE and Dubai are pushing up the ranks in the global stakes too. The UAE is ranked 40th most transparent market in the world by the consultancy JLL in its annual study, an up from the 48th spot last year. The UK, Australia and…

Supply fears have been exaggerated in Dubai

Dubai offplan

As we get to the halfway stage of the year, what is clear is that the real estate (and the equity markets as well) market thus far remains sluggish. While the recent suite of initiatives announced have evinced excitement among investment stakeholders, it is apparent that at this stage, despite the broad-based recovery in oil…

Ramadan real estate treats

Ramadan offers

From steep discounts and waived fees to cars and club memberships, there is an abundance of deal sweeteners from developers to entice buyers. Ramadan is an especially significant time for special offers, with a wide array of deals that are only made available during the month. But how effective are these special packages? “Over the…

Transit-oriented project coming up near Expo 2020 site

expo 2020

Dubai developers are no more deploying the ‘build it and they will come’ strategy. In fact, they are now moulding projects in response to market demand. Case in point being Jumeirah Golf Estates (JGE) which said that Phase B of its masterplan will feature a transit-oriented development, taking into account the Dubai Metro extension traversing…