As the dust settles from the effects of the pandemic, real estate consultants have come up with a flurry of new reports euphemistically titled ‘Rethinking real estate and hospitality’. Buzzwords notwithstanding, the question remains: will people stop travelling? The answer to that is resoundingly in
UAE’s master-developers trying to enforce the build contract under these times face the classic Catch-22 situation. On the one hand, they have spent hundreds of millions of dirhams in infrastructure for communities where open plots and/or semi-built structures are an eyesore and devalue the area.
The mid-income segment of the Dubai property market took the brunt of price declines since the onset of COVID-19, mirroring the job losses and the subsequent rental declines experienced. COVID-19 was supposed to have been a great “wealth leveler” – instead it has exacerbated the
“There are more things in heaven and Earth, Horatio, than are dreamt of in your philosophy…” wrote Shakespeare in Hamlet. What is the philosophy of real estate in the post COVID-19 era, where we continue to struggle to make sense of the data. Even as
To remember is not to time travel – it is to alter how time feels. Over time, our memories are supposed to fade and, as they do, we come up with explanations of the past that enable the illusion of us understanding the dynamics of
One of the specialist’s most successful discoveries was that he could easily defend his territory by the simple development of a specialized language… incomprehensible to everyone else. Consequently, we have seen an explosion in terminology that has left the world reeling, with the mistaken belief
