Property News
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Binance to tie up with Dubai on crypto activities, BT reports
Dubai is regarded as a candidate for the company’s global headquarters, and the company has been strengthening ties with the United Arab Emirates.
Crypto businesses now able to set up at DMCC in Dubai
DMCC enters MoU with Securities and Commodities Authority
Dubai Land Department introduces remote property registration system
The new system allows direct interaction between the seller and buyer and the finalisation of procedures through audio-visual communication.
UAE jumps in global Knowledge Index, buoyed by technology jobs and science push
But experts say the country will need to reduce its reliance on oil to move to the world's top ten
Dubai’s property brokers will get a reality check in 2020
Land Department’s blockchain platform will directly impact on their role and commission structures.
Do away with real estate brokers altogether? Where every transaction can be done directly between a buyer and seller — or a landlord and tenant — using an online platform to be put up by Dubai Land Department? And the deals can be sealed and done with the users being anywhere in the world?
Such a scenario is not about to happen overnight — but by the first quarter of 2020, this could be the reality in Dubai’s property market.
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