Media Coverage Archives - Page 2 of 2 - Gemini Property Developers

Aug 20

Fractional title deed programme: The much-needed convergence of hospitality and homeownership in Dubai

One of the chief motivations behind UAE’s diversification from a trade-based, oil-reliant economy to an expansion in the tourism and service sectors was to build resilience against disruptions. It’s safe to say that this move has worked wonders. The Emirates have transformed into a global hu...

Aug 15

COVID-19 impact spells disruption for building materials

What happens when a globalized economy, which relies on China, Mexico and Canada for 70% of its material requirements, faces supply-chain disruptions? The short answer is: Construction comes to a standstill, prices skyrocket and questions are raised. This was the case in the United States of America...

Aug 10

Occupational health hazards in construction sites demand tech intervention

In Dec, 2019, Dubai achieved the remarkable feat of building the world’s largest 3D-printed structure, using three workers and a printer. The two-storey administrative building is another jewel in Dubai’s architectural crown and a reminder of how far the industry has come. 3D printing is...

Aug 05

Co-working to pro-working: Striking the right balance between substance and style

Around 90% of Morgan Stanley’s 60,000 employees were working from home during the COVID-19 pandemic. “Lesson learned,” says the investment bank’s CEO James Gorman. “We’ve proven we can operate with effectively no office footprint”.(1) Gorman’s sentimen...

Jul 24

Residential real estate defies pandemic headwinds

A French court recently ruled that the COVID-19 pandemic is a ‘Force Majeure’(1). The same court, which was reluctant to designate epidemics such as Chikungunya and Ebola under the same category in the past, provided a lawful excuse to non-performance of a real estate contract, provided ...

Jul 20

How the delay in the Expo can benefit Dubai real estate

As a sector that accounted for 13.6% of the Emirate’s GDP in 2019, real estate is central to the grand ambitions of the country. It is therefore understandable why the UAE top brass laid special emphasis on the real estate sector in recent months, leading to a slew of measures. Notably, a spec...

Jul 17

Leveraging disruption: Repurposing underutilized retail and commercial spaces for the residential market

The Financial Crisis of 2008 set the ball rolling on what can be dubbed as “retailpocalypse” – a widespread closure of brick-and-mortar retail stores. Over the past decade, while physical stores succumbed to the digital revolution, e-commerce has witnessed exponential growth. With ...

Jul 12

Resurgence and Recovery: Why Middle East real estate will be at the heart of the region’s post pandemic revival

Excess economic dependency on the oil and gas industry is gradually becoming a thing of the past for the Middle East. A prolonged downturn and dampened outlook have incentivized governments to renounce their long-standing reliance on fossil fuels and invest in diversification strategies. In fact, th...

Jul 05

Paradigm shift in post-COVID home-buying preferences

The COVID-19 outbreak has upended what was generally perceived as “normal circumstances”. The longer the crisis persists, chances are that we could reach a point of no return, where consumers will align their expectations with the transformative change. The impact has already begun to ta...

Jun 27

UAE central bank cuts interest rates: Is it the right time to take a housing loan?

The COVID-19 pandemic has caused a widespread public health crisis, cutting across geographical boundaries. Based on historical parallels, the health crisis will alleviate over time, but the social and economic impact could have implications that last even longer. Policymakers and governing bodies a...

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