Dubai Future Foundation (DFF) and Dubai Land Department (DLD) have partnered to boost innovation in property technology (PropTech). The partnership comes under DFF’s Sandbox Dubai, an initiative that aims to develop the city’s regulatory frameworks in support of the Dubai Economic Agenda (D33). PropTech Sandbox further seeks to foster a regulatory environment that accelerates the adoption of...
Real estate has overtaken every other asset class as the world’s largest store of wealth at the end of 2024, valued at $393.3 trillion, according to Savills’ latest global research. Residential real estate accounts for $286.9 trillion of this total, making property by far the world’s largest asset class, exceeding the combined value of global equities, debt and gold. Dubai exemplifies this...
Dubai’s real estate sector is rewriting the rulebook for urban development, with land transaction values skyrocketing by 403.6 per cent between 2019 and 2024, according to JLL’s latest report, *Beyond the Skyline: Dubai’s Land Market Transformation Story*. The surge underscores the emirate’s success in combining demographic expansion, infrastructure investment, and regulatory innovation into a...
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