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Dubai Land Department (DLD) has successfully completed 647 amicable real estatesettlements, amounting to AED 1.38 billion, during the first half of 2024. Facilitated through theOqoodi Platform, these settlements achieved a remarkable 100% approval rate, significantlyaccelerating the resolution process and enhancing investor satisfaction. This accomplishmentunderscores DLD’s vital role in fostering a conducive environment for real estate…
The UAE government has introduced some tightness in telemarketing regulations.Understanding these new rules is crucial for companies navigating the evolving landscape ofDubai’s property market. Starting mid-August 2024, the UAE government will be following strict regulations to controltelemarketing practices via phone calls. These new measures require marketing companies tosecure prior approval from the relevant authorities before…
Dubai’s government has played a pivotal role in this real estate boom. Progressive policies,such as the relaxed requirements for the Golden Visa, have made it easier for investors andbuyers to enter the market. The Golden Visa, which eliminates the minimum down paymentrequirement, has been particularly impactful, drawing significant interest from both local andinternational buyers. This,…
Dubai’s population is projected to reach 5.8 million by 2040, creating a high demand for newhomes. Each year, approximately 54,440 new homes will be needed to keep pace with thisgrowth, not to mention the ever-expanding tourism sector. Despite numerous real estate launches throughout 2023, the city’s population growth continuesto outstrip the supply of new homes…
