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Dubai’s property agents decide to launch own listings portals and take on the big two

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Dubai’s property agents believe it’s time they came up with their own jointly-owned listings portals and apps. The intention is put up a fight against the dominance and steep ad rates charged by the two market leaders. Image Credit: Shutterstock Dubai: Real estate agencies in Dubai have revived plans to launch their own jointly-owned property[…]

UAE property market use VR tech to sell units | United Arab Emirates | Broadcast

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A UAE-based property developer Azizi Developments has started offering walk-in virtual tours for its property units. The new and interactive virtual property walk-through platform, in line with UAE’s efforts to build a post COVID-19 economy based on digital means, enables investors and end-users to view its properties from the comfort and safety of their own[…]

Coronavirus pandemic jolts Dubai’s economy, World News

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Dubai is staring at an economic collapse. One of the world’s most popular tourist destinations is feeling the heat like never before.  No tourists, no oil money, the pandemic has left Dubai scrambling for money. If nothing is done most of Dubai’s businesses will shut down over the next six months. Dubai, a city of skyscrapers[…]

Dubai’s first student housing community is 90 per cent complete | Design

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The Myriad Dubai in the heart of Dubai International Academic City (DIAC) is set to welcome students in September. The 68,000m2 community features 1,720 fully furnished rooms, which can accommodate up to 2,200 students. It also features a designated study lounge area; indoor and outdoor gym; swimming pools, jogging tracks; restaurants; gaming rooms; and an[…]

Loss in value: Why UAE property buyers need to ask developers questions on reclassification of projects

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Dubai in particular saw a wave of ‘hotel apartment’ launches between 2012-25 as developers tried to pull in demand for bigger units, especially from Gulf investors. Image Credit: Gulf News Archive Dubai: Property owners in the UAE must not let developers change the classification of their near-complete projects just because they have been told it’s[…]