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Role of Cryptocurrency in Dubai Real Estate

Role of Cryptocurrency in Dubai Real Estate

Cryptocurrency has been successfully bringing disruption in the financial market, therefore, the next logical step for crypto to take over the real estate sector is buy real estate with bitcoin. Given the persistence of uncertainty due to the global pandemic, however, cryptocurrency could play a significant role. But the question remains in most of the […]

New Preferences on Dubai Property Market after COVID-19

New Preferences on Dubai Property Market after COVID-19

Post COVID-19 era is still unpredictable but it has surely set some new preferences on Dubai property market. Dubai’s property market COVID-19 surprisingly shows a renewed boost in the form of stabilized economy, a new visa policy for expatriates, and Dubai expo-induced growth in all the sectors. The latest article from Arabian Business states that […]

DAMAC Properties keen on its Foreign Projects to boost its sales

DAMAC Properties keen on its Foreign Projects to boost its sales

Dubai’s Master developers DAMAC Properties is looking to add more revenue to its sales by launching DAMAC International building- a super high rise in London.  DAMAC Properties has raised its stake in this regard from 20% to 45%. It also announced on the possibility of launching more projects in UK. A board meeting on Sunday […]

Dubai’s Real Estate Sector Produces 7-years High Monthly Deals

Dubai’s Real Estate Sector Produces 7-years High Monthly Deals

According to Data Finder, Dubai residential sector recorded 3814 transactions worth Dh7.43 billion in January 2021. The month of February also saw the highest number of ready properties transacted in a single month since March 2014. Diving more into the February’s property-outlook, transactions were 15.6% more than the previous month volume-wise and 10.2% more in […]

Dubai Reveals its new Master Construction Plan for 2040

Dubai Reveals its new Master Construction Plan for 2040

Dubai reveals its master construction plan for 2040 which presents the city’s outlook for 2040.i.e, how will Dubai look like in 2040. The plan showcases various projects like; increasing the space for public beaches by 400% and reserving the 60% of Dubai’s land for nature’s reserves. Urban areas will also get a revamp and there […]