Dubai’s real estate sector is witnessing a surge in new brokerage businesses, thanks to the 100% foreign ownership rule. This progressive regulation allows international investors to fully own and operate real estate brokerages, fueling competition and innovation in the market. As Dubai strengthens its position as a global property hub, the influx of foreign-owned brokerages is enhancing service...
Dubai is again at the forefront of innovation by taking a huge leap in the real estate industry, that is, tokenization. This emirate is not only building skyscrapers, but also redesigning the future, and this time it is through blockchain. The Dubai Land Department (DLD) has just launched a world-first government-backed tokenization initiative, which converts bricks and walls into tradable digital assets....