2024

Investing in Dubai real estate? New RERA rule ensures transparency to property searches

Enhanced adherence to digital property platforms will eliminate the problem of overcrowded listings. Dubai's Real Estate Regulatory Authority (RERA) has implemented stringent measures to combat deceptive online property advertisements, signaling a significant transformation in the city's real estate sector. The recent policy introduced by RERA is anticipated to lead to a substantial decrease of...

Real estate agents given 3 days to remove ‘fake’ property listings online

In a recent survey by KT, 21% of respondents admitted falling for advertisements promoting houses that were either not available or already occupied. Dubai's real estate agents are required to promptly eliminate properties no longer available for sale or rent from their online platforms. The Dubai Land Department issued a three-day ultimatum on Wednesday, urging agents to remove any property listings...

Dubai Real Estate Market Report 2023: Record growth and strategic shifts

Dubai's Vision 2040 has been the guiding force for a year of significant development and progress. Presenting the Dubai Real Estate Market Report for 2023, Provident Real Estate takes pride in unveiling a year marked by significant development and progress, perfectly in sync with Dubai's Vision 2040. Guided by Laura Adams, Sales Director at Provident Real Estate, this all-encompassing report spotlights...

Dubai set to launch air taxis by 2026

An agreement has been formalized between Dubai's Road and Transport Authority (RTA) and the electric aircraft company Joby Aviation, headquartered in California, to launch air taxi services in the city by 2026. Joby Aviation aims for "initial operations" to commence in 2025, with a complete service expected to be operational by 2026, as stated by the company. Mattar Al Tayer, Director-General and...

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