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  • DIFC signs an agreement with Emaar Properties to improve the protection of property rights of foreigners living in the UAE

    Non-Muslim investors will be given access to the registration of the last will, the appointment of guardians for children and property transfer to heirs The first English court of common law in the United Arab Emirates has entered into an agreement with Emaar Properties to help promote the practice of providing services for drawing up the last...

  • Dubai real estate market in May 2021: record growth over the past 4 years

    But the sector is still quite sluggish and slow According to the latest data, the amount of real estate transactions has reached $ 3 billion. According to the Property Finder portal, everything points to the recovery of the market after the lockdown due to COVID-19. 4429 closed transactions last month are the largest result since March 2017. In...

  • Stake, a crowdfunding platform for Dubai real estate, attracts $ 4 million of initial funding

    The money will be used to develop new features and increase the capacity of the platform in order to expand its presence in the market Stake is a crowdfunding platform for real estate investments that provides access to this opportunity to any users who are able to spend $ 545 on an investment. Launched in DIFC FinTech Hive (part of the Dubai...

  • Due to the oversupply, prices for luxury real estate continue to decline

    According to Knight Frank, only Dubai and Buenos Aires show a steady decline in prices out of the 25 best cities for real estate investment, breaking out of the global trend The publication Al Jazeera writes that the steady oversupply of real estate under construction, which has persisted for the past five years, continues to restrain prices for...

  • Owner of Maple Invest and chairman of DAMAC Properties proposes to make the company private

    Hussain Sajwani, the Emirati billionaire associated with the Trump brand, is ready to buy back up to 100% of the company's shares for $595 million On Wednesday, June 9, Hussain Sajwani, the founder, chairman and member of the Board of Directors of DAMAC, as well as the owner of the Maple Invest investment fund, announced his intentions to buy back...