Original Article: Khaleej Times (Reference below) The number of tenants in Dubai wanting to pay their rent in one single cheque has increased while those making payments in two, three or even four cheques have declined in the third-quarter of 2020 as compared to same period last year. Data showed that number of Dubai tenants paying one cheque have increased from 31.5 per cent in third quarter...
Article from Media Office of Dubai, Referenced below. Dubai Land Department (DLD) released its annual report titled ‘Real Estate Sector Performance 2020,’ on the side-lines of the International Property Show and Invest in Dubai Real Estate. Through this report, DLD provides a comprehensive tool for customers in the sector, allowing them to familiarise themselves with the most important results...
Original Article by: Gulf BusinessWhat a year this has been for real estate in Dubai. Despite the crisis and the roller coaster ride we saw in transaction flows and buyer sentiment, we are currently in a very interestingplace. Prices are now stabilizing in prime areas where supply is low, and in some places, rates are also rising. We are starting to see multiple offers for properties in these areas as...
Dubai, UAE, 13 June 2020: As part of its keenness to facilitate the completion of real estate registration transactions – buying, selling, and other transactions – with record speed, and enabling the appropriate investment climate for the real estate sector, Dubai Land Department (DLD) provided a team to work directly from the real estate registration trustee centres. The team includes a manager...
Dubai Ranked in the “Top 30″ List for Global Commercial Real Estate Dubai has been ranked for the first time in a list of the top 30 global cities with the most significant commercial real estate markets, according to the property consultancy JLL. The emirate was placed 27th out of the 300 cities surveyed by JLL, as its status among the world’s real estate hub cities strengthened on the back of Expo...