Emirates News Agency – Dubai Land Department introduces remote property registration system

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DUBAI, 21st May, 2020 (WAM) — Dubai Land Department, DLD, has successfully introduced a new registration system for real estate transactions, which allows real estate owners to complete sales transactions for their properties remotely from anywhere in the world. The new system allows them to complete procedures and transactions without being physically present in Dubai[…]

DLD starts remote property registration system – News

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The registration processes start with sending details of real estate transactions to the registration trustee. Dubai Land Department (DLD) has successfully introduced a new registration system for real estate transactions, which allows real estate owners to complete sales transactions for their properties remotely from anywhere in the world. The new system allows them[…]

GMC: empowering investors at a time of opportunity

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Pockets of investor interest are still there in Dubai’s real estate sector. How developers and other industry stakeholders convert this will be crucial. Image Credit: Gulf News Archive The current pandemic has brought about an unprecedented situation in our lives where many of us are having to deal with challenging situations at work and business.[…]

70% of companies expect to close in six months

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A picture shows the closed compound of the Dubai Mall amid the COVID-19 coronavirus pandemic on March 23, 2020 in the United Arab Emirates Giuseppe CACACE | AFP via Getty Images DUBAI, United Arab Emirates — A staggering 70% of businesses in Dubai expect to close their doors within the next six months as the coronavirus[…]

Revival or a bullish upswing of real estate market – News

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The Dubai government has historically been extremely active in working with all sectors, including hospitality and real estate, to successfully build confidence. Every economy goes through a cycles that project the reality and stability of the country and its regulations. Globally, over a third of the world’s population is currently living in quarantine[…]

ENBD REIT announces rent relief measures to help tenants

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Anthony Taylor, Head of Real Estate, ENBD REIT, at the Knowledge Village in Dubai. ENBD REIT has announced a relief initiative for tenants that have been severely affected by the outbreak of COVID-19. Image Credit: Dubai: ENBD REIT, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced a[…]

UAE contractors record revenue drops in March, April

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Workers at a construction site in UAE. Construction companies in the UAE and Gulf experienced a sharp contraction in first quarter, with the process accelerating in March, according to a poll conducted by dmg events, the organizer of The Big 5 trade show. Image Credit: Virendra Saklani/Gulf News Dubai: Construction companies in the UAE and[…]