#Airbnb management services in Dubai

[realxystay]

Relaxy Stay is a airbnb listing management company in Dubai, Relaxy Stay: Your trusted Airbnb listing management company in Dubai. We handle all aspects of your Airbnb property, from listing creation and optimization to guest communication and cleaning services.

[roshanarticles23]

How to invest in Dubai rental market

Investing in the Dubai rental market can be an attractive opportunity due to the city’s thriving real estate sector, tax-free environment, and strong rental demand. Here’s a guide on how to invest:

1. Understand the Market

Research Rental Yields: Dubai offers varying rental yields depending on the location. Prime areas like Dubai Marina, Downtown Dubai, and Jumeirah Village Circle tend to offer better returns. Research to identify areas with high occupancy rates and strong rental demand.

Market Trends: Stay informed about market trends, government policies, and regulatory changes that might affect rental yields.

2. Choose a Type of Property

Residential: Apartments, villas, and townhouses are popular for residential leasing. Short-term rentals and Airbnb-style properties are also growing in popularity.

Commercial: Office spaces and retail units can be another option, though they usually require a higher upfront investment and come with different risks.

Off-plan Properties: Buying under-construction properties can offer a lower price and potential capital appreciation. Ensure the developer is reputable.

3. Financing Options

Cash Purchase: Investors can buy property outright with cash, which is a straightforward option.

Mortgage: Non-residents can secure a mortgage in Dubai, though they typically need to provide at least 20-25% down payment. Mortgage rates vary, so compare offerings from local banks.

4. Legal Requirements

Property Visa: If you invest a minimum of AED 750,000 in property, you may be eligible for a property investor visa, which can be beneficial for long-term stays.

Ownership Rules: Foreign investors can only buy property in designated freehold areas. Check if the property falls under a freehold zone, allowing foreigners full ownership.

Tenancy Laws: Familiarize yourself with Dubai’s rental laws, which protect both tenants and landlords. The Dubai Land Department (DLD) and Real Estate Regulatory Authority (RERA) govern the rental market.

5. Return on Investment (ROI)

Rental Yields: Yields typically range between 5-8% annually, depending on location and property type.

Capital Appreciation: Some areas of Dubai have shown strong capital appreciation over the years. However, the market can be cyclical, so timing your investment is crucial.

6. Property Management

Self-Managed: If you live in Dubai, you may choose to manage the property yourself.

Property Management Company: Hiring a company can be beneficial, especially if you're an overseas investor. They handle tenant relationships, rent collection, and property maintenance.

7. Cost Considerations

Service Charges: Most properties have annual service charges, which can vary greatly depending on the property’s facilities and location.

Real Estate Agent Fees: Agents typically charge around 2% of the property’s value as a commission fee for sales, and around 5% for rental management.

Registration Fees: Dubai Land Department charges 4% of the property value as a registration fee.

8. Rental Strategy

Long-Term Rentals: Steady rental income with long-term tenants is a safer option.

Short-Term Rentals: Higher potential income, especially in tourist-heavy areas, but requires more hands-on management.

9. Tax Benefits

No Income Tax: Dubai does not levy personal income tax, including rental income. This is one of the major draws for investors.

No Capital Gains Tax: There is no capital gains tax on the sale of properties in Dubai.

10. Seek Professional Advice

Real Estate Agent: Work with a reputable agent who understands the Dubai rental market and can guide you to profitable opportunities.

Legal and Financial Advice: Always consult with legal and financial advisors to understand the full implications of your investment.

Key Locations for Rental Investments in Dubai

Downtown Dubai: High-end properties with strong rental demand.

Dubai Marina: Popular with expatriates and tourists, offering strong rental yields.

Jumeirah Village Circle (JVC): A developing community with more affordable prices and growing demand.

Palm Jumeirah: Luxury properties with strong short-term rental potential.

Business Bay: Good for commercial and residential investments.

Conclusion

Dubai's rental market offers promising returns for investors, with a range of property types and strategic locations to choose from. However, it's essential to conduct thorough research, stay informed about local regulations, and seek professional assistance to ensure a successful investment.

[accountingagencydubai]

Business Turnaround & Restructuring Consulting Dubai, Sharjah

What is Turnaround Management?

Turnaround management is the practice of supporting firms in times of crisis, decline, or recovery. This procedure is typically guided by a turnaround consultant/manager, who is trained to assist organizations recover operationally and become profitable, as well as reorganize a company's balance sheet.

Few businesses want to be in a position where they must retain a turnaround manager, but there is no shame in doing so; several of today's most respected companies, including Apple, Federal Express, Airbnb, Starbucks, and many others, have undergone turnarounds.

How does turnaround management look in practice? Here's what you should know.

When Do You Know You Need a Turnaround Manager?

Turnaround managers may be required as a firm approaches insolvency. Insolvency can be classified into two types: cash flow insolvency, which occurs when a firm fails to pay its debts as they fall due, and balance sheet bankruptcy, which occurs when a company's liabilities exceed its assets. These are further defined as follows:

liquidity flow insolvency: While most businesses face short-term liquidity problems, alternative management must be hired if living hand-to-mouth each week becomes "normal".

Balance sheet insolvency is more difficult to measure, and the indicators of a crisis are less obvious. When liabilities surpass assets (based on fair market value), a corporation is said to be balance sheet. A turnaround manager may be required to help restructure loans, trade payables, or other commitments if the company has no alternative sources of financing.

It is not uncommon for creditors to emphasize the need for a turnaround manager in a company. Many creditors may demand that the company engage a turnaround manager in exchange for forbearance terms. Many bankrupt businesses are embarrassed to acknowledge they need a turnaround manager, yet employing one early on affords the failing company many more options for recovery than deferring the subject until later.

Operational versus Financial Turnaround

In our experience, turnaround managers often execute improvements in two different ways. Let's look at both of these:

Operational Turnaround

Some firms fail because they do not run efficiently. They may have too many levels of management, their products and services are not competitively priced, and/or the company has not adjusted its expense structure to reflect changing market conditions.

In these circumstances, a turnaround manager will identify operational inefficiencies and develop a plan to address them. In most circumstances, a turnaround manager will be retained as an officer of the firm, with the authority to make difficult decisions and take necessary steps.

Financial Turnaround

Any financial turnaround, also known as financial restructuring, is primarily concerned with reforming the company's balance sheet. This procedure may include consolidating debts, liquidating non-performing assets, closing unprofitable divisions, negotiating payment conditions with creditors, and, in the most extreme cases, liquidating the business's assets for the benefit of creditors.

Find a Professional Turnaround Consultant with Lotus Touch

The turnaround expertise can help your company resume operations or resolve financial challenges. Contact our turnaround team right immediately to find out how we can help you salvage your business.

[buycommercialpropertiesindubai]

The Benefits of Buying Residential Properties in Dubai

Dubai is a global hub for real estate investment, offering numerous benefits to buyers of residential properties. This blog explores the key advantages of buying residential properties in Dubai.

For more information on home loans, visit Home Loans in Dubai.

Strategic Location

Global Connectivity: Dubai's strategic location makes it a global connectivity hub, with easy access to Europe, Asia, and Africa. The city is well-connected through its world-class airports, ports, and road networks, facilitating seamless travel and trade.

Business and Tourism Hub: Dubai is a leading business and tourism hub, attracting professionals, entrepreneurs, and tourists from around the world. The city's diverse economy and thriving industries create a strong demand for residential properties.

Expo 2020 Impact: The successful hosting of Expo 2020 has further enhanced Dubai's global reputation, driving economic growth and boosting the real estate market. The Expo has attracted international investment and increased the demand for residential properties.

For property purchase options, explore Real Estate Investment in Dubai.

Tax-Free Environment

No Property Tax: One of the significant benefits of buying residential properties in Dubai is the absence of property tax. This allows buyers to maximize their returns without the burden of additional taxes.

No Capital Gains Tax: Dubai does not impose a capital gains tax on property sales, making it an attractive destination for investors seeking high returns.

Freehold Ownership: Foreign buyers can purchase freehold properties in designated areas, giving them full ownership rights and the ability to sell or lease the property without restrictions.

For mortgage services, consider Mortgage Consultant UAE.

High Rental Yields

Strong Rental Market: Dubai's rental market is robust, with high demand for residential properties. The city's growing population, influx of expatriates, and thriving economy contribute to strong rental demand.

Attractive Rental Yields: Investors can achieve attractive rental yields, particularly in sought-after areas such as Downtown Dubai, Dubai Marina, and Palm Jumeirah. The combination of high rental income and capital appreciation makes Dubai an appealing investment destination.

Short-Term Rentals: The rise of short-term rental platforms such as Airbnb has created additional opportunities for property owners to generate rental income. Dubai's tourism appeal and business events attract a steady stream of short-term renters.

For rental property management, visit Rent Your Property in Dubai.

World-Class Infrastructure

Modern Amenities: Dubai offers world-class infrastructure and modern amenities, including state-of-the-art healthcare facilities, international schools, and luxury shopping malls. Residents enjoy a high standard of living with access to top-notch services and facilities.

Transportation Network: The city's efficient transportation network includes an extensive metro system, well-maintained roads, and a comprehensive public transportation system. This ensures convenient connectivity and easy access to various parts of the city.

Leisure and Entertainment: Dubai is renowned for its leisure and entertainment options, from pristine beaches and golf courses to theme parks and cultural attractions. Residents have access to a wide range of recreational activities and entertainment venues.

For property sales, visit Property For Sale in Dubai.

Safe and Secure Environment

Low Crime Rate: Dubai boasts one of the lowest crime rates in the world, making it a safe and secure environment for residents and investors. The city's strict law enforcement and efficient legal system contribute to its reputation for safety.

Political Stability: The UAE's political stability and strong governance provide a secure environment for property investment. The government's commitment to economic diversification and development ensures long-term growth and stability.

Property Regulations: The DLD and RERA enforce strict regulations to protect buyers' rights and ensure transparency in property transactions. These regulatory bodies provide a secure framework for property investment.

Real-Life Success Story

Consider the case of Michael, an investor who bought a residential property in Dubai Marina. Michael was attracted by the high rental yields and tax-free environment. By conducting thorough market research and working with a reputable mortgage consultant, Michael secured a prime property with excellent rental income. His investment has appreciated significantly, demonstrating the benefits of buying residential properties in Dubai.

Future Trends in Dubai Real Estate

Sustainable Developments: There is a growing demand for eco-friendly and sustainable properties in Dubai. Developers are increasingly incorporating green building practices and energy-efficient features into their projects.

Smart Homes: The adoption of smart home technology is on the rise. Properties equipped with advanced security systems, automated lighting, and climate control are becoming more popular.

Mixed-Use Communities: Integrated communities that offer a mix of residential, commercial, and recreational facilities are gaining popularity. These developments provide residents with a convenient and holistic living experience.

Conclusion

Buying residential properties in Dubai offers numerous benefits, including a strategic location, tax-free environment, high rental yields, world-class infrastructure, and a safe and secure environment. By understanding these advantages and making informed decisions, you can maximize your investment returns. For more resources and expert advice, visit Home Loans in Dubai.

[atlantisrealestate]

What is Tonino Lamborghini Building in Dubai?

Discover the epitome of luxury living with the new project by Lamborghini Tonino in the heart of Dubai. This groundbreaking development sets new standards for opulence and sophistication, combining the iconic elegance of Lamborghini with the innovative real estate expertise of Guld Land Properties.

Prime Location in Dubai

Located in one of the most sought-after areas of Dubai, this project offers unparalleled connectivity and convenience. Enjoy easy access to major landmarks such as the Burj Khalifa, Dubai Mall, and Dubai International Airport. Nestled in a vibrant neighborhood, the development ensures you are never far from the best that Dubai has to offer.

Luxurious Residences

This exclusive project features:

Ultra-Modern Apartments: Designed with the signature Lamborghini aesthetic, each apartment exudes luxury and style.

Spacious Villas: Offering expansive living spaces with private gardens and pools, perfect for families.

Penthouse Suites: The ultimate in luxury, with panoramic views of Dubai's skyline.

World-Class Amenities

Residents will enjoy a suite of world-class amenities designed to enhance their lifestyle:

Infinity Pools: With stunning views of the city.

State-of-the-Art Fitness Centers: Equipped with the latest workout technology.

Spa and Wellness Centers: Providing relaxation and rejuvenation.

Fine Dining Restaurants: Curated by top chefs.

Exclusive Lounge Areas: For social gatherings and events.

Private Cinema: For an unparalleled entertainment experience.

Cutting-Edge Design and Technology

Smart Home Systems: Seamlessly integrated to offer convenience and security.

Sustainable Features: Environmentally friendly designs and technologies.

High-End Finishes: Luxurious materials and craftsmanship throughout.

Flexible Payment Plans

Investors and homebuyers will benefit from flexible payment plans tailored to suit their financial needs. With attractive options and a clear schedule, owning a piece of this luxurious development has never been easier.

Why Choose Abu Nahyan Al Nuaimi?

Abu Nahyan Al Nuaimi is recognized as a top advisor and partner in real estate consultancies. Here’s why he stands out:

Expertise in Dubai Real Estate: With extensive knowledge of the market, over 8 years in the market, and international client relations, Abu Nahyan offers invaluable insights and advice.

International Clientele: Providing tailored consultancy services for clients worldwide.

Exclusive Offers: Enjoy special gifts upon purchase, enhancing your investment experience.

Partnering with Atlantis Real Estate: Ensuring the highest standards of service and professionalism.

Conclusion

The new project by Lamborghini Tonino and Guld Land Properties is set to redefine luxury living in Dubai. With its prime location, world-class amenities, and exceptional design, it offers an unparalleled living experience. Partner with Abu Nahyan Al Nuaimi and Atlantis Real Estate to secure your place in this prestigious development and benefit from expert consultancy and exclusive offers. Contact us today to learn more and take the first step towards owning your dream home in Dubai.

Atlantis Real Estate in Dubai offers a comprehensive suite of Dubai property services, including property sales, property management (Holiday homes and Airbnb), Mortgage, Maintenance, Golden Visa, Short-term rental, Investor Visa, Bank account opening, Insurance, and ID, All under one company.

Contact Our Senior Consultant:

Abu Nahyan | +971557377447 | Info@AtlantisHeaven.com

#AbunahyanAlnuaimi #Dubai #Dubairealestate #Atlantisrealestateuae

[exclusivelinksestateagents]

Long-Term vs. Short-Term Rentals: Maximising Property Investment Returns in Dubai

Dubai stands as a bustling hub within the UAE's real estate landscape, drawing investors globally with its promise of luxury properties and prime location. Yet, navigating the complexities of investment properties demands seasoned guidance. Since 2005, Exclusive Links has stood at the forefront of Dubai's property management scene, offering innovative rental solutions to property owners.

Exclusive Links consistently pushes boundaries in real estate solutions. Our recent podcast episode, "Long Term vs. Short Term," featured on Property Talk from Louise’s Lounge, provides invaluable insights for property owners and investors navigating Dubai's dynamic rental market.

Understanding Dubai's Rental Landscape:

Dubai's real estate sector boasts luxurious properties and lucrative returns, attracting investors and tenants worldwide. As a premier tourist destination, the city's demand for short-term vacation rentals has skyrocketed. Recognizing this trend, Exclusive Links established Exclusive Links Vacation Homes, catering to tourists and providing an additional income stream for property owners through short-term rentals.

Expert Insights:

Exclusive Links houses seasoned property management professionals with decades of experience in Dubai's real estate industry. They offer insights into the advantages and challenges of long-term and short-term rentals, empowering property owners to make informed decisions.

Long-Term vs. Short-Term Rentals:

Dubai ranked among Airbnb's top 10 revenue-generating cities in 2021, showcasing the potential of short-term rentals. Exclusive Links Vacation Homes projects optimistic returns, potentially offering property owners 15-20% higher annual income, with some cases reaching up to 50%. However, long-term rentals provide stable, reliable income, appealing to investors seeking enduring tenant relationships.

Flexibility, Control, and Legal Compliance:

The discussion delves into the varying degrees of flexibility and control offered by both rental strategies. Short-term rentals provide greater control over pricing and occupancy, while long-term rentals offer consistent income with less operational responsibility. Exclusive Links shoulders the legal burdens associated with both rental types, ensuring owners' peace of mind and compliance.

Partnering with Exclusive Links for Success:

Exclusive Links continues to elevate standards within Dubai's real estate market, offering comprehensive services for long-term and short-term rentals alike. Their expertise and innovative approach empower property owners to manage properties and rental income effectively, regardless of investment preferences. Choosing between long-term and short-term rentals hinges on individual financial goals, desired flexibility, and involvement in property management. Exclusive Links believes in empowering property owners through informed decisions, providing expert guidance and seamless property management for flourishing investments.

click here to read more

[meetmralfred]

Vacation Rental vs Long-term Lease in UAE: What’s the Right Strategy for You?

The allure of the short-term rental industry is undeniable. With annual vacation rental revenues surpassing $100 billion globally, there’s no doubt this segment has become an attractive investment avenue. But how does one enter this lucrative market? The answer usually revolves around two major approaches: Vacation Rental and Long-term Lease. Let's delve into these strategies, particularly in the context of the UAE, and evaluate their advantages and disadvantages.

Understanding Vacation Rental

Vacation rental, especially in the vibrant short-term rental market of Dubai and other UAE cities, means more than just handling the day-to-day tasks associated with property upkeep. It encompasses listing rentals on popular platforms like Airbnb, VRBO, Booking.com, and TripAdvisor, pricing adjustments, guest communication, and coordination with cleaning and maintenance staff.

Benefits of Vacation Rental in UAE:

Income and Vacation Home: Owning a vacation rental property in the UAE provides extra income and a place for personal vacations.

Appreciating Property Value: Invest in areas with high demand, and your property value may appreciate annually.

Tax Exemptions: As a business, you may claim deductions on related expenses such as vacation rental services, taxes, insurance, etc.

Challenges of Vacation Rental:

High Startup Costs: Expect 20-30% down payment for properties meant as vacation rentals.

Additional Taxes and Fees: Besides income taxes, other local taxes and fees might apply.

Unexpected Expenses and Time Constraints: Managing a property requires significant time and unforeseen costs.

Regulations and Restrictions: Know your local laws and HOA rules.

Utilizing vacation rental software like Mr. Alfred's PMS (Property Management System) can make vacation rentals in UAE more efficient. Revenue management services provided by companies like Mr. Alfred also play a vital role in optimizing profits.

Long-term Lease: An Alternative Approach

A long-term lease involves leasing a property for an extended period and then using it according to the lease agreement. The benefit is derived from the stability and predictability of this model.

Advantages of Long-term Lease:

No Need to Own Property: Lower startup costs and no mortgage burdens.

Limited Start-up Costs: Mostly involve leasing the property.

Autonomy and Personal Usage: Control over the income and usage of the properties.

Risks in Long-term Lease:

Guest Damages (if subleasing): Liability for any damages.

Maintenance and Utility Costs: Regular maintenance might cut into profits.

Income Fluctuation (if relying on subleasing): Seasonal changes might affect bookings.

Changing Market Conditions and Rental Regulations: Economic changes and local laws can affect profitability.

Which Strategy Suits You Best?

Choosing between a vacation rental and a long-term lease depends on individual preferences, financial goals, and risk tolerance. Both paths offer rewards and challenges. By understanding your objectives and aligning them with the unique dynamics of the UAE rental market, you can make an informed decision.

How Mr. Alfred Can Assist You

Specializing in short-term rental vacation rental in UAE, Mr. Alfred offers an integrated solution for both strategies. With advanced vacation rental software for Dubai and other emirates, our services encompass revenue management, seamless communication, efficient pricing, and expert handling of various rental tasks.

Whether you are pursuing vacation rental or the path of a long-term lease, Mr. Alfred provides the tools and expertise to unlock growth potentials in the Short Term Rental Management landscape in UAE. Schedule a demo to discover how we can elevate your vacation rental in the UAE to new heights!

Vacation Rental vs Long-term Lease in UAE: What’s the Right Strategy for You?

The allure of the short-term rental industry is undeniable. With annual vacation rental revenues surpassing $100 billion globally, there’s no doubt this segment has become an attractive investment avenue. But how does one enter this lucrative market? The answer usually revolves around two major approaches: Vacation Rental and Long-term Lease. Let's delve into these strategies, particularly in the context of the UAE, and evaluate their advantages and disadvantages.

Understanding Vacation Rental

Vacation rental, especially in the vibrant short-term rental market of Dubai and other UAE cities, means more than just handling the day-to-day tasks associated with property upkeep. It encompasses listing rentals on popular platforms like Airbnb, VRBO, Booking.com, and TripAdvisor, pricing adjustments, guest communication, and coordination with cleaning and maintenance staff.

Benefits of Vacation Rental in UAE:

Income and Vacation Home: Owning a vacation rental property in the UAE provides extra income and a place for personal vacations.

Appreciating Property Value: Invest in areas with high demand, and your property value may appreciate annually.

Tax Exemptions: As a business, you may claim deductions on related expenses such as vacation rental services, taxes, insurance, etc.

Challenges of Vacation Rental:

High Startup Costs: Expect 20-30% down payment for properties meant as vacation rentals.

Additional Taxes and Fees: Besides income taxes, other local taxes and fees might apply.

Unexpected Expenses and Time Constraints: Managing a property requires significant time and unforeseen costs.

Regulations and Restrictions: Know your local laws and HOA rules.

Utilizing vacation rental software like Mr. Alfred's PMS (Property Management System) can make vacation rentals in UAE more efficient. Revenue management services provided by companies like Mr. Alfred also play a vital role in optimizing profits.

Long-term Lease: An Alternative Approach

A long-term lease involves leasing a property for an extended period and then using it according to the lease agreement. The benefit is derived from the stability and predictability of this model.

Advantages of Long-term Lease:

No Need to Own Property: Lower startup costs and no mortgage burdens.

Limited Start-up Costs: Mostly involve leasing the property.

Autonomy and Personal Usage: Control over the income and usage of the properties.

Risks in Long-term Lease:

Guest Damages (if subleasing): Liability for any damages.

Maintenance and Utility Costs: Regular maintenance might cut into profits.

Income Fluctuation (if relying on subleasing): Seasonal changes might affect bookings.

Changing Market Conditions and Rental Regulations: Economic changes and local laws can affect profitability.

Which Strategy Suits You Best?

Choosing between a vacation rental and a long-term lease depends on individual preferences, financial goals, and risk tolerance. Both paths offer rewards and challenges. By understanding your objectives and aligning them with the unique dynamics of the UAE rental market, you can make an informed decision.

How Mr. Alfred Can Assist You

Specializing in short-term rental vacation rental in UAE, Mr. Alfred offers an integrated solution for both strategies. With advanced vacation rental software for Dubai and other emirates, our services encompass revenue management, seamless communication, efficient pricing, and expert handling of various rental tasks.

Whether you are pursuing vacation rental or the path of a long-term lease, Mr. Alfred provides the tools and expertise to unlock growth potentials in the Short Term Rental Management landscape in UAE. Schedule a demo to discover how we can elevate your vacation rental in the UAE to new heights!

[emmaliana109]

Short Term Vacation Rentals in Dubai by Deluxe Holiday Homes

An individual going on a short excursion to a city needs to pay a ton for a pleasant remain or deal on comforts to put aside money. Regardless, a short stay in Dubai won't be an off-kilter or expensive endeavour. There are many updated condominiums in Dubai expected to oblige such individuals who need a home like climate for short outings. Clearly, this doesn't mean changed townhouses in Dubai are sensible for simply those individuals who are on short trips. There is nothing keeping individuals from burning through broadened excursions in these changed lofts in Dubai.

In case you have to know different regions of the city that offer best accommodation that you are after, by then Umm Sequiem, Jumeirah, and Safa Park an area are up market and present bequest sort of comfort. Garhoud and Satwa moreover present domains anyway are more affordable. Mirdif, Rashidiya, and Al Quoz are Arabic zones and undoubtedly attract various expats.

Dubai completely outfitted manors and condos that range from the Studios to the Penthouses. Dubai rental Apartments additionally incorporate the best sea sees confronting world notable Burj Al Arab Hotel and Palm Island Jumeirah. You may likewise think a Dubai rental condo. Holiday homes in Dubai are totally adjusted simply like the quality lodging and are over completely arranged close to business focuses of Dubai Media City and Dubai Internet City.

We trust the article above causes you in booking the best momentary rental convenience in Dubai.

[kennedytowers1-blog]

Airbnb Management in Dubai

Airbnb Management in Dubai

Kennedy Towers is the largest short term rental management company in Dubai. Our company manages properties on behalf of landlords and leases them as holiday homes and vacation rentals to guests via platforms such as Airbnb. We provide a hotel like service for our guests to ensure customer satisfaction and loyalty.

[kekytwd7-blog]

We are the largest short term rental management company in Dubai. We also operate in Spain and London. Our business manages properties on behalf of landlords and leases them as holiday homes/vacation rentals to guests via platforms like Airbnb. We provide a hotel like service for our guests. More information can be found here.

[realxystay]

Relaxy Stay is your go-to solution for professional Airbnb property management and services in Dubai. We handle everything from bookings to guest communication, ensuring a stress-free experience and maximum returns for your property. Trust us to take care of your Airbnb investment in the dynamic city of Dubai.

[freesuitwhispers]

Global Lodging in South Korea Market Research Report 2021-2026

The substantial drop in inbound arrivals along with the introduction of mandatory quarantine measures from 1 April led to most lodging operators seeing extremely low occupancy rates during the first quarter of 2020. Hotels typically popular with groups of Chinese travellers have suffered most severely as inbound arrivals from China nosedived. Operators continue to actively promote their services to domestic travellers in order to survive the pandemic and remain keen to emphasise the importance o...

 ALSO READ: http://www.marketwatch.com/story/covid-19-impact-on-global-intramedullary-nails-industry-size-share-value-and-competitive-landscape-2020-2021-03-13

Euromonitor International's Lodging in South Korea report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2024 illustrate how the market is set to change.

ALSO READ: http://www.marketwatch.com/story/global-smart-feature-phone-market-outlook-industry-analysis-and-prospect-2021-2021-03-14

 Product coverage: Hotels, Lodging Offline, Lodging Online, Other Lodging, Short-Term Rentals.

 Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

 Why buy this report?

* Get a detailed picture of the Lodging market;

* Pinpoint growth sectors and identify factors driving change;

* Understand the competitive environment, the market’s major players and leading brands;

* Use five-year forecasts to assess how the market is predicted to develop.

ALSO READ: http://www.marketwatch.com/story/global-spin-desalting-columns-market-size-share-value-and-competitive-landscape-for-2021-2021-03-14

 Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

Lodging in South Korea

Euromonitor International

November 2020

 List OF CONTENTS AND TABLES

 KEY DATA FINDINGS

2020 IMPACT

Local residents protest establishment of neighbourhood quarantine hotels

Airbnb adapts its cancellation policy in face of complaints from frustrated hosts

RECOVERY AND OPPORTUNITIES

Staycation trend to take off while luxury hotel remains set to expand

Yanolja reshapes hotel management through digital technology and home-start up offers authentic experience

ALSO READ: http://www.marketwatch.com/story/covid-19-outbreak-global-mega-data-center-industry-market-report-development-trends-threats-opportunities-and-competitive-landscape-in-2020-2021-03-16

CATEGORY DATA

Table 1 Lodging Sales: Value 2015-2020

Table 2 Lodging Online Sales: Value 2015-2020

Table 3 Hotels Sales: Value 2015-2020

Table 4 Hotels Online Sales: Value 2015-2020

Table 5 Other Lodging Sales: Value 2015-2020

Table 6 Other Lodging Online Sales: Value 2015-2020

Table 7 Lodging Outlets: Units 2015-2020

Table 8 Lodging: Number of Rooms 2015-2020

Table 9 Lodging by Incoming vs Domestic: % Value 2015-2020

Table 10 Hotels NBO Company Shares: % Value 2016-2020

Table 11 Hotel Brands by Key Performance Indicators 2020

Table 12 Forecast Lodging Sales: Value 2020-2025

Table 13 Forecast Lodging Online Sales: Value 2020-2025

Table 14 Forecast Hotels Sales: Value 2020-2025

Table 15 Forecast Hotels Online Sales: Value 2020-2025

Table 16 Forecast Other Lodging Sales: Value 2020-2025

Table 17 Forecast Other Lodging Online Sales: Value 2020-2025

Table 18 Forecast Lodging Outlets: Units 2020-2025

ALSO READ: http://www.marketwatch.com/story/global-session-border-controller-sbc-market-size-share-value-and-competitive-landscape-for-2021-2021-03-16

EXECUTIVE SUMMARY

COVID-19 impact on travel

COVID-19 country impact

Company response to COVID-19: Airlines and hotels

Impact of COVID-19 on online bookings and travel intermediaries

What next for travel?

CHART 1 Inbound Receipts: 2020-2025

CHART 2 Average Spend per Trip for Inbound Arrivals: 2020-2025

MARKET DATA

Table 19 Annual Leave: Volume 2015-2020

Table 20 Travellers by Age: Number of People 2015-2020

Table 21 Seasonality: Number of People 2015-2020

Table 22 Leisure Outbound Demographics: Number of Trips 2015-2020

Table 23 Other Transport Sales: Value 2015-2020

Table 24 Other Transport Online Sales: Value 2015-2020

Table 25 Forecast Other Transport Sales: Value 2020-2025

Table 26 Forecast Other Transport Online Sales: Value 2020-2025

....continued

  CONTACT DETAILS :

sales@wiseguyreports.com

+44 203 500 2763

+1 62 825 80070

971 0503084105

[atlantisrealestate]

Discover PHD Peace Lagoons by Peace Home Developer in Dubailand, Dubai

PHD Peace Lagoons by Peace Home Developer (PHD) offers an extraordinary investment opportunity in the heart of Dubai. This premier development combines luxury living with affordability, making it an ideal choice for investors looking to enter Dubai’s booming real estate market.

Premium Residences and Unmatched Amenities

Peace Lagoons features premium residences with private pools, smart home systems, and kitchens equipped with high-end German appliances. The development includes studios, 1-bedroom, and 2-bedroom apartments, all designed with elegance and convenience in mind.

Key Features:

Private Pools in Every Unit

Smart Home Systems

Fully Equipped Kitchens with German Appliances

Studios, 1BR & 2BR Apartments

Flexible Payment Plan: 20% Down Payment, Balance Over 80 Months

Prime Location in Dubailand

Peace Lagoons is strategically located in Dubailand, minutes away from major tourist attractions such as Global Village and IMG Worlds of Adventure, the largest indoor theme park in the world. These hotspots attract a combined 7.8 million visitors annually, making it an ideal location with high demand and significant potential.

Facts & Figures

Development Shape: S-shaped

Structure: Basement + Ground + 3 Podium Levels + 17 Floors + Roof

Completion Date: June 2027

Apartment Types: Studios, 1BR & 2BR Apartments

Amenities: Over 30 state-of-the-art amenities on the first and roof levels

Unparalleled Amenities

Residents of Peace Lagoons will enjoy a wide range of luxury amenities designed to cater to every need:

Infinity Pool & Lagoon

Waterfalls & Water Features

Jacuzzi, Spa, Sauna & Steam Room

Gym with CrossFit Track

Mini Golf

Bowling Alley

Netball Court

Aqua Gym

Padel Tennis

Tennis Table

Cinema

Yoga Studio

Kids Play Area

Volleyball

BBQ Area

Juice Bar

Library & Study Room

Apartment Configurations and Prices

Configuration: Studio with Private Pool

Size (Sqft): 410+

Starting Price (AED): 637,500

1BR Apartments + Pool

Size (Sqft): 786+

Starting Price (AED): 977,500

2BR Apartments + Pool

Size (Sqft): 1,274 - 1,374

Starting Price (AED): 1,402,000

Flexible Payment Plan

Peace Lagoons offers a superb payment plan that makes investing easier:

20% on Booking Date

1% Monthly for the Next 80 Months

With the completion date set for June 2027, this payment plan ensures that your investment is manageable and spread over time.

Atlantis Real Estate in Dubai offers a comprehensive suite of Dubai property services, including property sales, property management (Holiday homes and Airbnb), Mortgage, Maintenance, Golden Visa, Short-term rental, Investor Visa, Bank account opening, Insurance, and ID, All under one company.

Why Partner with Abu Nahyan at Atlantis Real Estate?

Choosing to partner with Abu Nahyan at Atlantis Real Estate for real estate consultancy offers you unparalleled expertise and access to Dubai’s most exclusive properties. With a deep understanding of the market and a commitment to excellence, Abu Nahyan ensures that your investment decisions are informed and beneficial. Contact Atlantis Real Estate today to secure your investment in Peace Lagoons and be part of Dubai’s dynamic real estate landscape.

Contact Now For Exclusive & Top Offers:

Abu Nahyan | +971557377447 | Info@AtlantisHeaven.com

#AbunahyanAlnuaimi #Dubai #Dubairealestate

[dailykhaleej]

Dubai holiday homes serve a new purpose – leasing to residents

Pretty much as good as a house… Brief-time period lets are providing a viable possibility for Dubai’s residents not wanting to be caught with a 12-month contract. Picture Credit score: Equipped picture

Dubai: Holiday homes in Dubai at the moment are serving a new purpose – be the momentary deal with for these residents preferring to hire by the month. And lately, there are numerous wanting such a flexibility on their funds.

“The average annual rent for a one-bed apartment in Dubai Marina is Dh65,000-Dh70,000, translating to Dh6,000 a month or so,” mentioned Sanjay Chimnani, Managing Director, Raine & Horne. “For that actual value, a totally furnished holiday house (together with utilities) might be rented on a month-to-month foundation.

“Subject to negotiation, most holiday home operators are allowing Du and Dewa free. There is 5 per cent VAT and another fee, which is Dh10 per day for the first one month.”

The typical annual hire for a one-mattress residence in Dubai Marina is Dh65,000-Dh70,000, translating to Dh6,000 a month or so. For that actual value, a totally furnished holiday house (together with utilities) might be rented on a month-to-month foundation

– Sanjay Chimnani, Managing Director, Raine & Horne

Demand for holiday homes from residents is a signal of the occasions – these signing up might be in-between jobs or trying to find a new one. Slightly than be caught to a one-12 months rental contract, holiday homes supply them the brief-keep possibility and inside their budgets. In fact, there’s additionally the month-to-month fee possibility, which is a most compelling purpose proper now.

A new lease of enterprise

For holiday house operators, this demand from inside has come at a most opportune time. By way of the final three months, that they had seen their bookings from abroad come down to nothing, as COVID-19 put a halt to flights. Even once they resume, these companies should not hopeful of demand returning any time quickly.

This is the reason curiosity from residents is giving holiday homes a elevate, not less than for now. The most effective half is these tenants can exit their contract with out the hassles related to a long run residential lease.

There isn’t any want to register an Ejari or DEWA with a holiday house. The method of transferring out and in is seamless

– Anna Skigin of Frank Porter

On longer holiday house leases, they want to pay a 10-day penalty for an early termination, whereas in a related state of affairs they’ve to shell out two months’ hire as penalty for breaking a 12-month contract.

“There is no need to register an Ejari or DEWA with a holiday home,” mentioned Anna Skigin of Frank Porter, an Airbnb administration firm in Dubai. “The process of moving in and out is seamless.”

How a lot do holiday house stays value?

Holiday house charges have seen a discount in current weeks, given the overall breakdown in bookings coming from abroad guests. These at the moment are comparable to annual residential leases when break up into month-to-month installments.

Plus, these models are prepared to transfer in. Cleansing shall be performed a couple of times a week for a charge.

Earlier than COVID-19 struck, a one-bed room holiday house in Dubai Marina or the Palm Jumeirah might be rented for Dh9,000-Dh12,000 per 30 days throughout Might and June. Nevertheless, lease charges are down to between Dh5,000-Dh9,000, relying on location, variety of bedrooms, high quality of fitouts, and so forth..

“The numbers have been increasing for lets of one-month plus,” mentioned Skigin. “The profile of those visitors varies. It’s anybody who’s at the moment in transition – both between jobs, between nations or between homes.

“It is also UAE residents looking for a short getaway – we are seeing an increase in this “domestic tourism” in the meanwhile.”

10,766

The variety of lively holiday house listings in Dubai out of a complete of 20,395 properties registered on Airbnb, in accordance to Knight Frank.

What of lodge residences?

Lodge/serviced residences additionally supply brief-time period leases. Nevertheless, the costs are completely different from holiday homes. Picture Credit score: Equipped picture

Lodge/serviced residences additionally supply brief-time period leases. Nevertheless, the costs are completely different – tenants will want to pay 3.5 per cent municipality feess (this was diminished from 7 per cent for 3 months), a 10 per cent charge service charge and 5 per cent VAT.

Serviced residences have been seeing a surge in demand for brief-time period lets. The InterContinental Dubai Marina Residence Suites, a 196-room property, is catering to each brief and lengthy-keep visitors.

“When Dubai went into lockdown, many residents relocated to short-term rentals – perhaps they are unsure about how the future will unfold and do not wish to extend their long-term contracts,” mentioned Michele Ristuccia, Director of Gross sales and Advertising, InterContinental Dubai Marina Residence Suites.

“We had a lot of bookings from individuals who couldn’t fly out of the UAE. Individuals who just lately moved to Dubai for work have additionally booked brief-time period stays.

“They’re not looking for a long-term commitment right now; just something temporary until this quietens down or until they are able to get more clarity.”

Nevertheless, a branded serviced residence might be costlier than comparable holiday homes. A one-bed room residence at InterContinental Dubai Marina Residence Suites might be rented from Dh11,000 a month and consists of service cost, municipality charge and VAT.

“We are flexible with rates since we are mindful of the current situation our guests find themselves in,” Ristuccia mentioned.

No matter be the case, holiday homes are serving a purpose, and if this demand from residents continues for a whereas, it’s going to have eased the companies’ cashflow issues, even partially. Or till such time bookings and flights from abroad return to regular.

However till then, “Whoever’s lease was coming to an end by March 15, they are moving into holiday homes,” mentioned Chimnani.

Holiday house leases see a softening

There may be a 25-50 per cent discount in lease charges set off by sharply diminished demand from abroad guests. Even inside a neighborhood, there might be a variance in charges.

Holiday homes in Jumeirah Lakes Towers and Dubai Marina might be rented from Dh5,000 a month. The identical applies to models in Jumeirah Village Circle and Dubai Sports activities Metropolis.

Charges for holiday homes in Downtown are additionally on par with Dubai Marina. The most costly holiday homes in Dubai are on the Palm, the place a three- to 4-bed room villa might be rented for Dh11,000 a month.

Metropolis Stroll holiday homes are additionally costly, costing the tenant between Dh11,000-Dh15,000 a month. Earlier than the pandemic, they had been upwards of Dh20,000 a month.

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[bigyack-com]

Marlon Abeyakoon Appointed GM of New Resort in Maldives

The Avani+ Fares resort in Maldives has appointed Marlon Abeyakoon as General Manager. Marlon has spent almost two decades in hospitality with multiple international hotel brands in UAE, UK, Sri Lanka, Maldives and Fiji.

Marlon started his career with One&Only in Dubai in 1999 before moving to the UK with glh Hotels and Hilton in 2013 as Hotel Manager of the DoubleTree London. He moved to Sri Lanka in 2018 as General Manager of the Reethi Beach Resort  before heading to Fiji as General Manager of the Sheraton Fiji Resort, his most recent position before joining the Avani+ Fares Maldives Resort. Scheduled to debut in 2021, the 200-key Avani+ Fares Maldives Resort is located in Maldives’ Baa Atoll which is an UNESCO Biosphere Reserve that is home to unique species of marine, fauna, and flora. See latest Travel News, Interviews, Podcasts and other news regarding: Avani, Maldives, GM, General Manager. Headlines: Airbus to Cut Aircraft Production by a Third  Vietnam Airlines Reduces Danang Flights  AirAsia Philippines Cancels All Flights Until 30 April  Avani+ Khao Lak Appoints GM and DOSM  COVID19: Marriott Launches Rooms for Responders Initiative in USA  Etihad to Operate Special COVID19 Flights to Melbourne and Amsterdam  Philippines Eases Immigration Requirements for Foreigners  Changi Airport in Singapore to Suspend T2 Operations for 18 Months  Hong Kong Extends Ban on Non-Resident Arrivals and Transit Indefinitely  Etihad to Trial Technology That Identifies Passengers with Symptoms of Illness  Air Canada Extends Status of All Altitude FFP Members  Japan Coast Guard Orders Two More Airbus H225 Helicopters  Owner to Rebrand Four Seasons Hotel and Residence in Shanghai  Marlon Abeyakoon Appointed GM of New Resort in Maldives  Boeing to Suspend 787 Operations in South Carolina  ITE Hong Kong Postponed Until August 2020  IATA Postpones 76th AGM and World Air Transport Summit  InterContinental Bali Distributing 'Homemade' Face Masks  Etihad Encourages FFP Members to Donate Miles  Avani Seminyak Bali Appoints I Made Subrata as GM  Two Dassault Falcon Business Jets to Assist Operation Resilience in France  Delta Extends SkyMiles FFP Benefits and Status  Airbus Uses Test Aircraft to Fly 4 Million More Face Masks to Europe  Royal Netherlands Air Force Takes Delivery of First of 20 CH-47F Chinooks  IATA: This is Aviation's Darkest Hour  Accor to Close More Hotels; Cut Costs  Airlines in Asia Pacific Need Urgent Financial Support  Thai Airways Staff on Temporary Leave From 4 April - 31 May  American Airlines Makes Further Changes to Flight Schedule  Air Canada to Operate More Repatriation Flights  Boeing to Suspend Production in Ridley Township, Pennsylvania  Oakwood Opens Third Property in Jakarta, Indonesia  Increasing ORs Hint at Early Signs of Recovery for Hotels in China  Air Cargo Demand Slumps in February  Vietnam Airlines to Operate Just Three Return Flights Per Day  Qatar Airways Suspends JFK Flights; Madrid and Barcelona Next  Airbus Sites in Germany and Spain Producing 3D Printed Visor Frames  EU Waives Airport Slots Use Rule for Summer Season  CapitaLand Appoints Kevin Goh as CEO - Lodging  Relais & Châteaux Adds First Hotel in Bangkok to Collection  Airlines Could Burn Through US$61 Billion of Cash Reserves in Q2  Marriott Warns Millions of Guests About Security Breach  Airbnb to Support Hosts During COVID19 Crisis  Vietnam Airlines Launches Cargo-Only Flights  774-Room Grand Richmond Convention Hotel in Nonthaburi Closes for Two Months  Sindhorn Midtown Bangkok Opens Tower with 49 Serviced Residences  Air Canada to Layoff 16,500 Employees; Reduce Q2 Capacity by 85-90%  Qatar Airways Launches Belly-Hold Cargo Flights to Six Destinations in China  Vietnam Airlines Closes Airport Lounges  RevPAR of Hotels in USA Forecast to Drop 50.6% in 2020  Delta Retains Cargo Tender and Acceptance Capabilities at Tokyo-Narita  Airbus Pauses Majority of Production in Spain  Vietnam Airlines to Reduce Frequency of Domestic Flights  WHO Launches COVID19 WhatsApp Service in Arabic, French and Spanish  Qatar Airways' FFP Offers 12-Month Tier Extension  Etihad Cargo Using Boeing 787-10 Aircraft as Freighters  Air Canada Continues COVID19 Repatriation Flights  Airbus Flies Over 4 Million More Face Masks to Europe  American Airlines Reduces Capacity Further  Hilton to Take Over 1,080-Room Hotel on Orchard Road, Singapore  AirAsia Suspending Most Flights Across Network  Asia Pacific Airlines Carried 17 Million Passengers in February  SIA to Issue S$5.3b in New Equity and Raise Up To S$9.7b via MCB  Qatar Airways Expands Flights to Australia to Help Get People Home  Virgin Atlantic Operates First Ever Cargo-Only Charter  IATA Calls for Urgent Financial Relief from European Governments  Bombardier Suspends 'All Non-Essential Work' in Canada  ANA Partners Skyscanner; Achieves IATA NDC Level 3  COVID19: 75 Million Travel and Tourism Jobs at Immediate Risk  Air Cargo Supply Lines Must Remain Open  American to Operate Repatriation Flights from Honduras and Brazil  Air Canada Launches Cargo Flights to Europe  Air New Zealand Ramps Up Cargo Operations  AirAsia Updates Rebooking Policy  Embraer Helping to Combat COVID19 in Brazil  Thai Airways Cancels Flights to Australia, Europe and Regionally  Tokyo 2020 to Take Place in 2021  Air Canada Organises Two Extra Flights from Quito, Ecuador  Korean Air Execs Take Pay Cut; Airline to Use Passenger Planes for Cargo  Aviation: IATA Calls on Governments to Give More Support  American Airlines Closes Lounges, Changes In-Flight Service and Seating  France's Daily Hotel Occupancy Plummets to Just 3.3%  A400M Delivers Critically-Needed Mask Supplies to Spain  Air Canada to Operate Six Special Flights to Barcelona, Lima and Quito  Bangkok Airways to Close All Airport Lounges  UAE to Ban ALL Passenger Flights for Two Weeks  Etihad Airways Suspends Transit Travel Through Abu Dhabi  Hong Kong's Airport Authority Launches New HK$1 Billion Relief Package  Ryan Jette Joins Capella Singapore as Executive Chef  Austrian Airlines Extends Flight Suspension to 19 April  Singapore Airlines to Ground 138 of 147 Aircraft  COVID19: Sabre to Cut Costs by US$200 Million  HD Videos and Interviews  Podcasts from HD Video Interviews  Travel Trade Shows in 2019, 2020 and 2021  High-Res Picture Galleries  Travel News Asia - Latest Travel Industry News  Read the full article

[articleznew]

The way forward for property

The rise of we have a tendency tob the net and mobile technology has essentially modified the approach we live. All sectors of the economy are greatly compact by this net boom. property sector has been one in every of the laggards once it involves this technological adoption. However, of late, proptech has become a hokum within the startup community. As a result, there area unit many startups that area unit currently backed by ample bucks that are attempting to bring technological advancement to the important estate sector. it's true that almost all of those startups won't survive consecutive few years. however the few that do survive can find yourself having a deep impact on this slow trade. 

These new startups that are attempting to imbibe net and mobile telephone within the property sector area unit currently being called proptech. In this article, we are going to have a better explore the definition and scope of proptech. Also, we are going to attempt to perceive the various verticals of proptech. The Definition of Proptech There is no clear definition of prop tech as of currently. this  as a result of proptech is often aforesaid to be a tiny low a part of the digital transformation of the complete property trade buy apartments in abu dhabi changes happening may be technical, or they might be associated with the shopping for processes that have historically been a part of the important estate trade. Proptech is additionally a good thought that encompasses each the money additionally because the construction aspect of the important estate trade. 

Simply place any property startup that's making an attempt to supply innovative merchandise or solutions that extensively use technology may be classified as proptech. Since the trend is comparatively new, it's possible that the scope can amendment over time and new verticals might get supplementary underneath the umbrella of proptech. The Different Verticals underneath Proptech At this moment, proptech has 3 main verticals. the outline of every of those verticals is explained here: real estate companies in dubai: sensible property is additional towards the development aspect of homes. for instance, the utilization of technology so as to make energy economical homes may be classified as proptech. Most startups during this genre use the web of Things to gather knowledge regarding the development of homes or their day to day maintenance. 

This knowledge is then wont to produce a sway system whereby the energy consumption is mechanically regulated to stay at economical levels. Hence, sensible property functions at 2 levels. On the primary level, solely data is provided whereas on the second level corrective actions may also be triggered supported the data received. the important estate assets that area unit managed victimisation this technology may be single buildings or maybe entire cities! the main target on this vertical is extremely high as a result of delivering energy economical inexperienced buildings is not any longer a novel point. Instead, it's one thing that the apartment sale in abu dhabi currently demands. sensible property isn't solely regarding the setting. this can be as a result of if the buildings area unit designed effectively, then the electricity and power consumption is low. 

Thus, realtors offers a additional competitive lease value to the potential tenants and convince their business. Sharing Economy: The sharing economy is AN economic revolution that has become a force to reckon with. There area unit many imaginary creature startups like Uber and Airbnb that have already mature out of the sharing economy. On the important estate front, corporations like WeWork have started building shared workplace house. The sharing of property is essentially enabled by the web that permits straightforward aggregation of provide and demand. Also, tools for request and managing the property area unit offered on-line. The sharing economy has become the norm in cities wherever property costs area unit terribly high. this can be as a result of preventative prices build complete possession tough. As a result, sharing and temporary possession have currently become the norm. 

There area unit 2 ways in which startups will participate within the sharing economy. First, they will merely be brokers and acquire a fee from each group action. Secondly, they will be concerned top real estate company in abu dhabi ANd be an intercessor within the business. Shared operating areas have gone from 1 Chronicles to Bastille Day in places like Central London wherever property is tough to get and ancient lease contracts area unit inflexible. FinTech in Real Estate: There area unit several innovative ways in which within which finance is deployed within the property sector. of these new mechanisms come back underneath the aegis of Fintech in property. 

The startups during this vertical area unit centered at providing data to patrons and sellers so as to form a buying deal. Right now, this data is offered solely with the brokers WHO tend to shield it.  as a result of the brokers can solely survive on atiny low variety of extremely remunerative transactions. However, this inefficient budget apartments in dubai broker model is probably going to get replaced by technology within the future. There area unit several startup corporations like Trulia ANd Zillow which permit customers to rent property on-line while not the requirement of an actual broker. Also, a number of these corporations area unit providing services to facilitate on-line payments between the landlords and therefore the brokers. To total it up, the important estate sector goes through an enormous transformation. it's possible that it's going to become additional economical within the future and proptech features a massive role to play during this redoubled potency