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Enriching Dubai’s ‘third space’

Reem mall

As Dubai’s retail real estate footprint continues to aggressively expand, analysts say development efforts may be moving in the right direction, in tune with a global trend. The key: innovation, particularly in food and beverage (F&B) concepts. According to CBRE’s retail science research report, How Global is the business of retail, the continued success of…

Tax impact on tenants is more psychological

Vat on Tenants

The year began with the implementation of a landmark policy by the UAE government — the introduction of value-added tax (VAT) at a rate of 5 per cent. Halfway through the year, it bears reviewing to see how VAT has affected the real estate sector. The answer to that is — marginally. The issue of…

Role of realtors in efficient homes

HOME > BUSINESS > REAL ESTATE Role of realtors in efficient homes

While eco-friendly actions and choices are becoming increasingly successful in making inroads into the everyday aspects of our lives, it will be most relevant to think of what each sector is capable of doing, in terms of its contribution towards achieving energy efficiency. Approximately 3,800 residential units were handed over in Dubai during the first…

Time to buy: The basics of financing your property

Time to buy: The basics of financing your property

Dubai is one of the most exciting cities in the world, and although house prices are down since the peak of 2014, there are clearly deals being done and the city continues to attract significant investment to its property market. In certain key communities we have seen very positive sales in the first quarter of…