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Real estate in Dubai

DLD, DFM pact to stimulate REIT listings

REIT

The Dubai Financial Market (DFM) and the Dubai Land Department (DLD) have signed a memorandum of understanding (MOU) that will create more incentives for real estate trust funds (REITs) listed and traded on the financial market. Offering “numerous DLD fee incentives for real estate companies and REITs”, the partnership aims to open new opportunities in…

Dubai’s luxury real estate is getting some of its mojo back

Luxury villas

Dubai’s high-end freehold communities are seeing some sort of price stability, probably for the first time since mid-2014. The main reason for that is these locations are seeing fewer off-plan launches, which would add to the pressure on ready properties there. And a some of the locations are starting to see prices climb up from…

Blockchain to power UAE real estate version 2.0

blockchain

The term blockchain is largely synonymous with Bitcoin and Ethereum, but the technology has far-reaching applications that extend beyond cryptocurrencies. One of the industries that it will revolutionise to a massive extent is real estate, and this will benefit not just buyers and tenants, but also property managers, brokers and governments – in short, the…