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It’s the beginning of the rise of Reits in the GCC

REITs provide real estate firms with access to a new pool of private and institutional capital Throughout the GCC, everyone seems to be talking about real estate investment trusts (Reits). Reits are not entirely new to the region. Indeed, a legal framework for Dubai Reits has been in place for over 10 years in the…

What is the Interim Property Register?

How Dubai’s Oqood management system makes off-plan investment more secure As the viability of a development project is, in most cases, dependent on the pre-sale of a minimum number of the real property units in the development before construction begins, there is a need to protect the interests of those investors and purchasers entering into…

Dubai property Q1 gains led by higher value deals

More buyers are going for homes valued at Dh1m and more Dubai: Property investors seem more willing to pick up higher priced properties in Dubai — in the first three months, transactions of Dh1 million and more made up 64 per cent of the overall compared with 47 per cent in Q1-16. Simultaneously, today’s buyers…

From the sea to the desert: New communities in Dubai

We look at some of the upcoming residential districts in the emirate Developers in Dubai are masters of creating communities with a twist. PW takes a look at some of these community developments and what they offer. Bluewaters Island Meraas’ man-made island project is best known for the world’s largest observation wheel, Ain Dubai, but…