The digitalization of the real estate industry, and the implementation of a new generation of technologies within the sector, is leading to sweeping changes, across all its functions, assets, and capabilities. Proptech, once a term that needed to be explained and elaborated on, has become universall...

Having handled the global pandemic better than almost any nation in the world, economic activity is back on track in the UAE. This is perhaps most starkly visible in Dubai, with the rescheduled mega event that is Expo 2020, injecting an even more decisive momentum.  Prior to the world coming to...

In the discourse surrounding real estate asset classes, we seldom factor in data center real estate. However, unbeknownst to many, data center real estate has witnessed significant growth and expansion in the last couple of years, fueled by pandemic-induced digitalization. As mobility restrictions l...

In recent years, the UAE leadership has had hands-on involvement in the conception and implementation of many laws aimed at breaking age-old notions about the Gulf nation. Sweeping reforms, like the 100% business ownership rights for foreigners, significant relaxations to personal freedoms, and the ...

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...