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It’s real estate shining in UAE markets

traders at dubai financial market

Property shares have been on the upswing as those of banking peers fade Dubai: Equity traders in the UAE are ditching expensive banking shares and opting for relatively cheaper real estate stocks. Emaar Properties shed 22 per cent from April through May and has been on a gaining streak since, up 17 per cent from…

Dubai issues 5-year UAE residency visa to 20 investors

Dubai Golden Card visa holder

The visa benefits the investors and their families. The Dubai Land Department in partnership with General Directorate of Residency and Foreigners Affairs, has granted 5-year UAE residency golden visa to 20 property investors. According to a statement issued on social media, the worth of the total investment is Dh200 million. The golden visa granted today…

UAE real estate investment fund regulations amended

Dubai Real Estate Construction

UAE real estate investment fund regulations amended- Abu Dhabi: The Securities and Commodities Authority (SCA) has amended an administrative resolution related to regulating the “General Real Estate Investment Fund,” which will be in force upon its issuance. The amendment issued in 2019 includes changes to Article 2 of the administrative resolution, which stipulates that the…