Global Real Estate News

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Keep abreast of the latest global real estate news across 7 continents that impacts on your business.

GLOBAL: October 25, 2020

DLD Reduces Real Estate Registration Procedures To One Step

The Dubai Land Department (DLD) has announced that it has provided a team, which includes a manager and an auditor, to work directly from the real estate registration trustee centres with the aim of providing easy and flexible services to its custo...

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GLOBAL: October 22, 2020

House Prices To Drop More Due To Excess Supply: Moody’s

Conservative financial policies and strong liquidity will remain a credit strength for the UAE real estate companies while their operating environment continue to deteriorate as the economy slows on oil price decline and coronavirus effects, Moody’s Investors S...

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GLOBAL: October 21, 2020

How Dubai Metro’s Route 2020 Will Impact Property Prices, Rents

Property prices and rentals around areas connected to Dubai Metro’s Route 2020 will be more resilient compared to the wider market, according to property analysts and industry executives. They bel...

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GLOBAL: October 20, 2020

Appeal For Villas Surges In Dubai As Prices, Rents Soften In First Half Of 2020

As per the Dubai Land Department’s data, 15,897 sales transactions were recorded in Dubai between January to June 2020, amounting to a total value of Dh32.5 billion. Appeal for villas witnessed a remarkable upswing as property prices ...

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GLOBAL: October 19, 2020

Dubai To Roll Out Fractional Ownership Of Apartments

The new initiative is aimed at attracting investment into hotel or serviced apartment projects in Dubai. The Dubai Land Department (DLD) is set to implement a ‘fractional title deed’ concept across the emirate in a bid to attract small inve...

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GLOBAL: October 18, 2020

Post-Covid Building Management In Mideast To Have Tech-Enabled Focus

Dubai has already actively leveraged tech-driven strategies for building management, in response to Covid-19 crisis Real estate advisor Savills recently launched the third edition of its global impacts study in...

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GLOBAL: October 15, 2020

Dubai South Offers Rent-To-Own Scheme For Tenants

Prospective residents of Dubai’s new city, Dubai South, now have an exceptional opportunity to avail of a 10-year “rent-to-own” scheme at one of its residential districts – The Pulse. Developer Dubai South Properties said that the offer...

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GLOBAL: October 14, 2020

Union Properties Looks To Buy Distressed Assets, Diversifying Away From Real Estate

Property developer, Union Properties, is looking at acquiring distressed assets in the healthcare, education, and hospitality sectors to diversify its portfolio, its chairman said on Sunday. “We are not purely doing constructions. We are diversify...

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GLOBAL: October 13, 2020

Dubai Property Transactions Back At Pre-Covid Levels

Property transaction levels in Dubai in June hit what was previously recorded in February, setting a foundation for recovery of the local property sector for the second-half of 2020. The second-quarter Mo’asher report releas...

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GLOBAL: October 12, 2020

Living Anywhere: COVID Changing the Way We Think About Real Estate

The coronavirus accelerated a "work from anywhere" revolution faster than anyone anticipated. This has significant implications for the real estate market. Employers and workers are embracing the freedom of where to live and work; and if that trend holds, a shift in real...

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