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UAE allows property brokerage firms to be 100% owned by foreign nationals

UAE National partners will still be needed as 'service agents'

Manoj Nair, Business Editor (2021, September 27). UAE allows property brokerage firms to be 100% owned by foreign nationals. https://gulfnews.com/business/property/uae-allows-property-brokerage-firms-to-be-100-owned-by-foreign-nationals-1.1632714463009

The real estate sector in the UAE has been on a comeback since the start of the year, with Dubai seeing property values starting to rise in select areas. But demand since March has been recording strong monthly gains.

Dubai: Property brokers will be able to have full ownership of their companies in the UAE from now on, as this business activity has been removed from the ‘restricted list’. Given real estate sector’s dominant role in shaping the UAE’s economic and business activity, the decision is rated as one of the path-breaking ones, according to industry sources.

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DLD launches its real estate bulletin ‘Real Estate Updates’

Staff Reporter / reporters@khaleejtimes.com (2020, October 26). DLD launches its real estate bulletin 'Real Estate Updates'. https://www.khaleejtimes.com/business/dld-launches-its-real-estate-bulletin-real-estate-updates


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Dubai’s real estate market has maintained its appeal among local and international investors, despite the unexpected effects imposed by Covid-19.

The real estate bulletin issued by Dubai Land Department (DLD) under the name ‘Real Estate Updates’ revealed that Dubai’s real estate market has maintained its appeal among local and international investors, despite the unexpected effects imposed by Covid-19.

Of the most prominent data cited in the bulletin to consolidate this fact was the entry of 10,728 new investors to the market, representing 70 per cent of the total number of investors throughout the first nine months of 2020.

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Real estate can play a major role in the region’s recovery even during a crisis

Nag E. (2020, October 07). Real estate can play a major role in the region's recovery even during a crisis. Gulf News. Retrieved from https://gulfnews.com/business/property/real-estate-can-play-a-major-role-in-the-regions-recovery-even-during-a-crisis-1.1602046713070


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Despite the Coronavirus pandemic bringing about unprecedented global socio economic challenges, the UAE has worked tirelessly to contain the spread of the virus and bring about a normalcy in all sectors of life. Next month it will be reassuring to see the return of Cityscape Global to Dubai on November 16 and 17, albeit in a different format. With an aim to "rebound and rebuild" the property market in the region, Cityscape will host “The Real Estate Summit”. The event will be a B2B meeting place and knowledge-sharing destination to help stakeholders explore routes to revive the real estate sector.

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Dubai retains allure as city of choice for home buyers

John, I. (2020, August 10). Dubai retains allure as city of choice for home buyers. Khaleej Times. Retrieved from https://www.khaleejtimes.com/business/real-estate/dubai-retains-allure-as-city-of-choice-for-home-buyers

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Dubai retains its allure as one of the world's most preferred prime residential destinations for investors due to its affordability and relatively high yields compared to its global peers, according to a research released on Monday.

For the second year in succession, Dubai has been rated the third most affordable city in the world for buying prime residential property after Cape Town and Kuala Lumpur, the Savills World Cities Prime Residential Index.

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Dubai developers keen to deliver projects ahead of Expo

Rizvi, M. (2020, August 02). Dubai developers keen to deliver projects ahead of Expo. Khaleej Times. Retrieved from https://www.khaleejtimes.com/business/real-estate/dubai-developers-keen-to-deliver-projects-ahead-of-expo

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Emirate's property sector proves resilience during coronavirus period, completing 30% of 45,720 units in H1

Dubai's real estate is expected to gain momentum in coming months, with economic activities having resumed and developers racing against time to complete their announced projects ahead of Expo 2020, experts said.

Analysts and industry executives said the emirate's property sector has proved its resilience during the coronavirus outbreak by completing around 30 per cent of an announced 45,720 residential units during the first half of 2020.

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