Real Estate

MENA region has seen enormous evolution of real estate over the last two decades. With new laws related to property ownership, real estate investment trusts and off-plan management in countries like KSA, UAE and Oman, recent years have witnessed significant investment in development projects despite financial crunches of the new millennium. Due to recent recessions leading regulators like RERA of Dubai had to not only introduce certified arbitration mechanisms but also set the precedent for digital revolution of real estate management through its digital systems like Mollak, etc, for smooth and transparent owners associations management, facilities management, and other real estate development activities. An unprecedented number of hospitality and leisure havens erupted in the region and the regulators must keep pace with the speed of real estate evolution in the region.

 

We have in house experts who have worked with leading regulators, developers and real estate technology providers to contribute to this fast-paced sector. From the point of feasibilities to transaction advisory, licensing, and regulatory compliance, we partner with the real estate businesses and take them to next level.

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This amazing accomplishment is the reflection of our journey. Our ability to relentlessly search for solutions to problems and find innovative ways to improve the world is the key to this success and many to come.
In pursuance of effective implementation of Circular No. 5 issued by the Ministry of Economy in March 2021, Dubai Economy organised a series of webinars for the business owners and investors in the Emirate, over the last quarter to support them to fully comply with the measures being adopted nationwide to enhance transparency and curb money laundering.

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