The fourth industrial revolution is underway, characterized by the advent of groundbreaking technologies like artificial intelligence (AI), machine learning (ML), robotics, 3-D printing, Internet of Things (IoT) and Big Data. Digital transformation is advancing at a breakneck pace and no sector is i...

The roadmap of UAE Vision 2021 was formulated keeping innovation at the forefront. Hence, the bid to transition into a diversified, knowledge-based economy has propelled the UAE’s national initiatives, in the past decade. At the same time, technology has penetrated every nook and corner, integrati...

Ever since Sheikh Mohammed bin Rashid Al Maktoum took the reins as the Ruler of Dubai, the region has witnessed noticeable economic, social and cultural prosperity. Characterized by groundbreaking initiatives in the aviation industry, reforms in the maritime sector, and a revolution in real estate, ...

With a number of alternatives becoming increasingly viable, home buyers in the Dubai real estate market are actively considering alternatives to bank loans. The trend of considering alternative finance arrangements, that forgo traditional mortgages, is already assuming reasonably large proportions. ...

In the first week of June 2019, data released by the Dubai Land Department (DLD) established that the total value of real estate transactions in Dubai had exceeded $9.25 billion in the first five months of the current calendar year. This represented an increase of 33% increase on the figure of $6.53...

Manzili is an Arabic word that roughly translates to English as ‘household’ – the institution that human existence has revolved around for millennia. Truly the place ‘where the heart is’, a home is central to human sustenance and prosperity. This is why, any initiative to make ...

The Real Estate Regulatory Agency (RERA) has been at the helm of Dubai’s real estate sector, since its inception in 2007. The agency has regulated policies and strategies to effectively align the interests of investors, developers and buyers with a support structure of insurance companies, law...

House Price Index (HPI) is a broad measurement parameter to determine real estate price trends. Besides serving as a reliable indicator of purchasing costs, HPI can also function as a monitoring and analytical tool to assess the overall health and efficiency of a given real estate market, based on a...

The United Arab Emirates’ most populous city Dubai and capital city Abu Dhabi have both moved up the ranking in Mercer’s 2019 Cost of Living report over the span of past 12 months (1). Compared to 2018 report, Dubai has jumped five spots from 26 to 21, while Abu Dhabi has moved up by sev...