All Posts in Tag

ready to movein in dubai

Dubai’s property transactions head online

Dubai Real estate

Investors in Dubai’s real estate can sell or rent their properties online from anywhere — through the Dubai Land Department’s ‘REST’ platform. This covers the entire digital management of these transactions and helps eliminate paper documents and “reduce brokerage-related procedures,” the Land Department said in a statement. The mention of cutting down on broker involvement…

Average Dubai office rents soften by 4.3% in a year

office

Average office rents across Dubai softened by 4.3 percent year-on-year in the first quarter of 2018 despite greater activity levels, according to a new report. Knight Frank Dubai, in its Q1 2018 UAE Commercial market update, said the occupier market witnessed a strong start to the year with a clear uptick in demand. While there…

More private debt will fund Middle East real estate in a decade

Debt fund real estate

The next decade will most likely witness a major growth in private debt for the Middle East real estate market instead of commercial bank lending, according to a report released by JLL in conjunction with Clifford Chance. Key sources of private debt include public and private pension funds, foundations, endowments and insurance companies. There has…