Golden Visas, UAE tax laws, Dubai real estate investments, NEOM The Line updates and more of the biggest stories this week
DLD
Latest in DLD
Digital Dubai
Dubai Land Department and digital authority announce major partnership to track real estate prices and boost property sector transparency
As Dubai real estate market thrives, government departments will team up to accurately track key data for added investor transparency
DLD
Dubai real estate: Property transactions see $599mn high on Monday
Monday’s spike in real estate transactions comes on a day when the city witnessed sale of a patch of land in for a record-breaking $34 million
construction industry
Dubai’s ‘already robust’ property market receives another boost with DLD, municipality restructure
Additional transparency and accountability as a result of these changes will bolster construction whilst ensuring that the emirate is in line with a sustainable growth model, experts told Arabian Business
Al Merkadh
Dubai witnesses 2,012 real estate transactions worth $1.44 billion in the first week of Ramadan
The Dubai Land Department revealed that 236 plots were sold for $291.3 million while another 1,415 apartments and villas were sold for $805.85 million in the week ending 8 April 2022
Cityscape
Video: How do we feel about UAE real estate?
Aside from the usual launch of developments, sales pitches and announces, this year’s Cityscape in Dubai was abuzz with one word: trust.
Asteco
Revealed: how we feel about the Dubai real estate market
Trust and oversupply were among the major talking points of Dubai’s annual Cityscape real estate event
DLD
More than 39,000 investors served by Dubai’s DLD in 2018
The majority of transactions were related to the transfer of ownership
DLD
Nearly half million real estate licenses issued through RERA electronic system
‘Trakheesi’ system issues 15 different types of real estate permits, including those required for organising real estate exhibitions, outdoor and newspaper advertisements and open days
Business Bay
Business Bay, Dubai Marina among the top areas for property buyers
GCC nationals, Indians and Saudis among the top Dubai property buyers list in the first half of 2018, according to the Dubai Land Department
Boost investment
Dubai Land Department reveals new mortgage and finance laws
The move aims to attract foreign investment and encourage mortgage registration
Developers
Dubai’s mid-market real estate strong in Q1, report shows
The total volume of sales in the secondary market was AED 8.6 billion in Q1, according to Luxhabitat
DLD
Dubai Land Department appoints Century 21 to promote real estate in US
US investors bought AED4bn of Dubai property in last three years
DLD
Revealed: $78bn worth of real estate transactions in Dubai in 2017
UAE nationals lead investment activity in Dubai, followed by Indians and Saudis
DLD
Dubai rents drop by as much as 25% in some areas
Analysis of the Dubai Land Department’s rental index found that some areas saw declines of as much as 25 percent
DLD
Dubai Land Department unveils updated rental index
For the first time, the index includes a land rent index
Blockchain
Dubai Land Department to adopt blockchain technology
Smart database to allow instant electronic real estate transactions