At the end of 2019, before the Covid-19 pandemic introduced unprecedented factors into the mix, the UAE real estate sector was showing signs of a new cycle of growth. Having reconciled, at least in part, its oversupply issues; the market was demonstrating an appetite for new opportunities, in respon...

Last year, Microsoft announced that it will become carbon negative by 2030, and remove its historic carbon footprint by 2050. The company gave a detailed breakdown(1) on how it aims to do so, along with the earmarked budget and other related information. This marked the first time that a major corpo...

Real estate appraisal does not follow a standard methodology. Industry professionals often regard property valuation as more of an art rather than science. It is therefore unsurprising that consensus between transacting parties is not easily achievable. Even if appraisers arrive at a realistic valua...

Despite the negative global impact of the pandemic, the Dubai Land Department (DLD) recorded 51,414 transactions in 2020, according to the annual report it issued for the year(1). These transactions added up to a cumulative value of more than Dh175 billion, underscoring the robust fundamentals of th...

Real estate has largely been a conservative sector, especially in terms of digitization. This primarily boils to its capital-intensive nature, which makes buyers tread cautiously before arriving at a deal. As a result, real estate brokerage became an integral part of the value chain, as a conduit be...

Once an industry that was relatively lagging in adopting digital solutions and tools, the global real estate sector is now investing heavily in upgrading capabilities, with the help of emerging technologies. Proptech – a hybrid term created by joining Property and Technology – boasts one of the ...

The UAE real estate market was in the middle of a steadily gathering resurgence, when the Covid-19 pandemic interrupted that momentum, in Q1 2020. Nevertheless, following a model handling of the crisis, and a highly successful vaccination drive, the markets are once again set to resume their upward ...

The growth of multi-family housing has been meteoric in the 21st century. The population explosion, and rapid urbanization, have been the primary drivers behind this surge in close-knit, multi-family facilities. As urban centers got costlier, and more crowded, the need for affordable housing has mad...

Successful management of the Covid-19 pandemic, and a vaccination drive that is stacking up the numbers of those that have taken their shots, have put the UAE in a position to make the most of several unique opportunities. Some of these advantageous positions are obvious, while a few others take a b...

The rental segment is a critical part of any real estate market, with multiple social and economic benefits. It expands the pool of investors, and creates options for those who can either not afford to purchase a property outright, are delaying that decision, or find it more viable to rent particula...