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Time Business News
4 days ago
- Business
- Time Business News
A Beginner's Guide to the Dubai Property Market
Dubai's skyline represents ambition, innovation, and economic growth. With the luxurious skyscrapers in Downtown Dubai and waterfront villas in Palm Jumeirah, the city has an extensive property landscape for both new and experienced investors. If you are new to property investment in UAE, it is important to understand the basics of the Dubai property market. This guide will simplify the essentials, educating you and providing you with foresight and strategic thinking. Dubai's real estate market is governed by the Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA) to provide transparency, standardization in the transactions of property, and protection to the market for investors. Foreigners have the legal right to own a property within designated freehold zones such as Dubai Marina, Downtown Dubai and Business Bay. If you decide to purchase a property, it is essential to do your due diligence with the developer, and verify the title deed of the property. You will also need to understand the applicable service charges, or homeowners' association charges. An effective way to make the due diligence process quicker is to partner with a licensed property consultant Dubai who can present their local insights and legal context with transaction. There are two types of property ownership in Dubai, which are freehold and leasehold. A freehold property is where the owner has all rights to the property and the land the property is on, which is the most desirable ownership for many foreigners. Leasehold is where the owner has right to occupy, or rent the property for a duration of time (30 – 99 years, typically) but does not own the land. It is important to be aware of the differences in ownership types for an embracing relationship with long-term investment objectives Historically, Dubai's Property Market is influenced by cyclical events. The property market has halted and increased based on conditions such as global economic conditions, oil price, and through events that usually attract investors, such as the hosting of Expo 2020. Demand has also risen significantly during the last few years as many high net worth individuals relocated to Dubai in search of security, tax advantages, and lifestyle choices. Investors in Dubai must always be presented with both types of properties during their property purchase or investment journey. One the one side are properties that are off-plan, which is sold typically under cost and attractive payment plans. There are risks to both properties: off-plan are often a year plus with potential delays, while ready properties entail more upfront cost but provides immediate rental income with a other factors to not consider such the unknown on rent levels for all or a new lease will not providing the return or rental income desired. When choosing between the two, consider your risk tolerance, investment horizon, and cash flow needs. A trusted advisory firm like Prime Bullions Properties can help evaluate your options and present opportunities that match your investment criteria. Dubai is home to a diverse array of neighborhoods, each catering to different lifestyles and investment goals. Here are a few hotspots that consistently attract interest: Downtown Dubai : Known for the Burj Khalifa and Dubai Mall, it's a premium location with strong rental yields. : Known for the Burj Khalifa and Dubai Mall, it's a premium location with strong rental yields. Dubai Marina : A popular choice among expatriates, offering waterfront living with a vibrant social scene. : A popular choice among expatriates, offering waterfront living with a vibrant social scene. Business Bay : A growing commercial and residential district with high potential for appreciation. : A growing commercial and residential district with high potential for appreciation. Jumeirah Village Circle (JVC): More affordable, appealing to mid-range investors looking for long-term gains. Choosing among the best properties to invest in Dubai depends largely on your priorities—whether it's capital appreciation, rental yield, or lifestyle perks. But it's not all about investment value—the reality is that Dubai is also a global lifestyle destination. An unrivaled lifestyle filled with sunshine year-round, world-class infrastructure, and a cosmopolitan culture make Dubai desirable and appealing to many—professionals, entrepreneurs and families. That desirability informs a strong rental market, particularly in good locations with high-quality amenities. As an investor you can take advantage of long-term leases and short-term rentals, particularly in tourism-heavy areas. Understanding the demographics of your tenants and seasonal variation in demand will significantly inform your returns. Non-residents can obtain mortgages through local banks, usually requiring a down payment of 20-25% for expats. The interest rates will vary depending on the lender, type of property and the applicants' profile. Among the top value proposition for investors in Dubai is the relatively, beneficial tax environment. There is no property tax, no capital gains tax and no personal income tax for rental income. There are transaction-related costs eg. registration fees, agent commissions, etc to consider. Investing in the Dubai property market is an exciting opportunity that can pay dividends if you plan accordingly and make informed decisions throughout the process. What will you focus on – legality, financing, target areas, rental management – a comprehensive task, but there is much to gain. Whether you are a first-time investor or building a portfolio of properties around the world, collaborating with a reputable property consultant in Dubai will ensure you are using expert knowledge and framework-oriented advice for your investing journey. TIME BUSINESS NEWS
The National
26-04-2025
- Business
- The National
Dubai reports rise in multi-year tenancy contracts as rents increase
Dubai is recording an increase in multi-year rental contracts as more tenants are planning to stay in the city for longer and seek to secure favourable lease terms, a new report has found. 'These tenants value the ability to lock-in their rent for better financial planning, while landlords benefit from reduced turnover and fewer vacancy periods,' said Rupert Simmons, directors of leasing at real estate company Betterhomes. 'Longer-term commitments are a positive indicator of a maturing rental market.' One- and two-cheque payments increased by 10 per cent and 11 per cent, respectively, on a quarterly basis in the first three months of 2025, the data found. This trend is potentially driven by tenants aiming to secure more favourable lease terms in a competitive environment and indicates a growing presence of higher-income demographics entering the market, according to the Betterhomes report. While multiple cheque payments remain a common practice, tenants with higher budgets tend to show greater flexibility in their payment terms, the research revealed. Renewal contracts continued to dominate rental activity, with 64 per cent of all leases in the first quarter being renewals, the highest proportion in the past year. This shows that tenants choose to remain under the protection of the rental price index as they see better value by staying put, rather than re-entering the market, the report said. Dubai Marina, Jumeirah Lakes Towers and Downtown Dubai were the top leasing communities for apartments, while family-friendly communities such as The Springs, Dubai Hills Estate and Tilal Al Ghaf were most popular for leasing townhouses, Betterhomes revealed. 'The strongest increase in demand was seen in the townhouse segment, pointing to increased interest in this housing type,' the report said. A growing number of long-term tenants are choosing to purchase property, driven by relatively lower mortgage payments compared to rental costs. 'In today's market, the gap between renting and owning has never been narrower. With mortgage rates stabilising and property values on the rise, buyers are seizing the opportunity to turn monthly payments into long-term equity. Ownership in Dubai is a strategic financial move,' said Jeffrey De Souza, head of mortgages at Lomond, a mortgage service provider. To put this into perspective, consider a two-bedroom property in The Springs, typically priced at around Dh3 million ($816,882). The annual range for such a property ranges between Dh150,000 and Dh200,000, according to the Real Estate Regulatory Agency's rental index calculator, the Betterhomes report explained. A 25-year mortgage on a Dh3 million property at an interest rate of 3.99 per cent would result in monthly payments of approximately Dh12,655, or Dh151,860 annually, highlighting the financial advantage of buying over renting, the report said. Dubai's property market has been benefiting from government initiatives such as residency permits for retired and remote workers, expansion of the 10-year golden visa programme and overall growth in the UAE's economy on diversification efforts. The city's real estate market recorded 42,422 sales transactions in the first quarter of 2025, a 23 per cent increase compared with the same period last year, according to the Dubai Land Department. However, transaction volumes declined by 10 per cent compared with the particularly active final quarter of 2024. The off-plan sector was a major contributor, accounting for 24,942 transactions, a 25 per cent increase annually, and representing 59 per cent of all deals. The overall value of real estate sales in Dubai recorded a 29 per cent year-on-year increase, touching Dh114 billion in the first quarter of this year, according to the DLD data. Apartment sales rose 14 per cent year-on-year to 32,237 transactions, with their total value up 12 per cent to Dh60.8 billion. Villa transactions jumped 65 per cent to 10,185, and value rose by 56 per cent to Dh53.4 billion. 'What's notable is the shift to more end-users and mortgage-backed buyers, indicating deeper confidence in Dubai as a place to live and invest long-term,' said Christopher Cina, director of sales at Betterhomes. While 7,848 units were handed over in the first quarter of 2025, a considerable volume of new properties is expected to be delivered in the coming years, according to data from Property Monitor. There is expected to be a notable peak in anticipated completions in 2026, with nearly 97,000 units forecasted. 'This substantial influx of new supply over the medium term will be a key factor to watch, alongside ongoing demand dynamics, as it may influence both property prices and rental rates,' the Betterhomes report said. Projected supply remains elevated through 2027 and 2028, before tapering off towards 2029, the report added.
Hi Dubai
24-04-2025
- Business
- Hi Dubai
Dubai Land Department Strengthens Transparency with AI-Enabled Real Estate Advertising Governance
Dubai Land Department (DLD) announced the outcomes of its AI-powered Real Estate Advertising Governance Platform, which was launched during GITEX 2024. The initiative is part of the DLD's ongoing efforts to enhance transparency and credibility in real estate advertisements across key marketing platforms, such as Property Finder, Dubizzle, and Bayut. These efforts align with Dubai AI Week's objectives, which kicked off on Monday, 21 April, and runs until 25 April. According to the latest data, the platform has monitored over 279,000 real estate advertisements across these platforms since its launch; notably, 29% of the monitored listings were automatically modified using artificial intelligence. Ali Abdullah Al Ali, Director of the Real Estate Control Department at the Real Estate Regulatory Agency, Dubai Land Department, said: 'These results reaffirm our ongoing commitment to advancing real estate market oversight through cutting-edge technology. The Real Estate Advertising Governance Platform enables us to monitor advertisements more accurately and efficiently, enhancing investor and consumer confidence and reinforcing Dubai's position as a global hub for real estate innovation.' He added: 'The ongoing, daily monitoring carried out through this platform ensures full compliance with established standards and regulations, elevating transparency within the real estate market and reaffirming DLD's commitment to fostering a trustworthy and credible property environment. The use of artificial intelligence in oversight represents a strategic tool that reflects the Department's direction toward digital innovation and its dedication to achieving the highest quality standards in its services.' This platform represents a significant strategic step toward enhancing and developing Dubai's real estate sector. It aligns with the vision of the wise leadership, which aspires to position the emirate at the forefront of global cities in digital innovation, thereby strengthening its economic standing and supporting Dubai's long-term strategic objectives. Through its Real Estate Regulatory Agency, Dubai Land Department had previously announced the launch of the new 'Madmoun' electronic service within the Trakheesi system, which issues a QR code for every real estate advertisement permit generated through the platform. This initiative aims to enhance the governance of real estate advertising as part of the Department's broader efforts to modernise regulatory procedures and strengthen investor confidence. Accordingly, all real estate companies are required to display the QR code on all real estate advertisements, whether visual or written. This enables customers to quickly and effectively verify the authenticity of the advertisement and confirm that the Real Estate Regulatory Agency approves it. News Source: Cicero & Bernay
Arabian Business
24-04-2025
- Business
- Arabian Business
Dubai property watchdog monitors over 279,000 listings with new AI platform
The Dubai Land Department (DLD) has released figures showing the impact of its AI-powered Real Estate Advertising Governance Platform, which was unveiled during GITEX 2024. The platform, designed to monitor property advertisements across major marketing websites including Property Finder, Dubizzle, and Bayut, has overseen more than 279,000 listings since its launch, with artificial intelligence automatically modifying 29 per cent of the monitored advertisements. 'These results reaffirm our ongoing commitment to advancing real estate market oversight through cutting-edge technology. The Real Estate Advertising Governance Platform enables us to monitor advertisements more accurately and efficiently, enhancing investor and consumer confidence and reinforcing Dubai's position as a global hub for real estate innovation,' Ali Abdullah Al Ali, Director of the Real Estate Control Department at the Real Estate Regulatory Agency, Dubai Land Department said. Dubai Land Department reports success of AI-powered real estate advertising platform The announcement coincides with Dubai AI Week, which runs from April 21-25. The DLD described the monitoring system as part of its strategy to improve transparency and credibility in the property sector. The department previously launched ' Madmoun ', an electronic service within the Trakheesi system that issues QR codes for every real estate advertisement permit. The DLD now requires all property companies to display these QR codes on both visual and written advertisements, allowing customers to verify the authenticity of listings and confirm they have been approved by the Real Estate Regulatory Agency. The initiative forms part of the city's broader strategy to position itself as a leader in digital innovation and strengthen its economic standing in line with the emirate's long-term objectives.
Khaleej Times
08-04-2025
- Business
- Khaleej Times
Fintech special edition: UAE real estate goes figital
The UAE, particularly Dubai, is known for its impressive real estate developments, boasting some of the world's tallest skyscrapers, luxury villas, and landmark projects like the Burj Khalifa and Palm Jumeirah. The real estate market has been a pillar of the economy for decades, attracting local and international investors alike. With the advent of fintech, the industry is now on the brink of another major shift, enabling more seamless and efficient property transactions. The region's real estate sector is undergoing a significant transformation, driven by the rapid adoption of fintech solutions that are redefining property transactions. Blockchain-powered registries, AI-driven valuation models, digital mortgage platforms, and real estate crowdfunding are streamlining processes, making investments more transparent, efficient, and accessible. As the industry evolves, regulatory bodies such as the Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA) are implementing policies to safeguard digital transactions while fostering innovation. How the UAE is Integrating Fintech Solutions in Real Estate Transactions In Dubai, the DLD has pioneered blockchain-based property registration. This initiative was launched with the goal of creating a more transparent, secure, and efficient system for recording property ownership and transactions. Blockchain's decentralised ledger ensures that property records are tamper-proof, providing a high level of security and trust in the system. For example, the integration of blockchain ensures that title deeds and other critical property documents cannot be altered without proper authorisation, virtually eliminating the potential for fraud. The role of AI-driven automated valuation models (AVMs) cannot be overstated. Traditional property valuations often relied on subjective assessments or outdated market comparisons. AVMs, powered by machine learning algorithms, allow for real-time, data-driven property assessments that take into account a vast array of factors such as location, market conditions, comparable sales, and property features. This development is reducing market speculation and improving buyer confidence. Moreover, AI is being leveraged to enhance other aspects of property transactions, such as predictive analytics for identifying emerging real estate trends. This allows both buyers and developers to stay ahead of market movements, providing valuable insights that shape investment strategies. Omran Yousef, Founder and CEO of Ovaluate Real Estate Valuation Services, underscores the critical role fintech plays in ensuring transparency and trust in the market. 'Blockchain and automated valuation models (AVMs) are eliminating inefficiencies, ensuring fair and accurate property valuations,' he explains. 'With these technologies, buyers and investors can make data-driven decisions without the risk of manipulated pricing.' Real Estate Tokenisation Tokenisation of real estate assets, an emerging trend, provides further liquidity by enabling fractionalised ownership. Investors can purchase and trade digital tokens representing ownership in a property, enabling them to invest in real estate without the need to buy an entire property outright. As part of its ongoing efforts to strengthen Dubai's position as a global leader in property technology, and in line with the Dubai Real Estate Sector Strategy 2033, Dubai Land Department (DLD) has launched the pilot phase of the 'Real Estate Tokenisation Project.' This initiative, introduced under the Real Estate Innovation Initiative 'REES,' establishes DLD as the first real estate registration entity in the Middle East to implement tokenisation on property title deeds. The project is being implemented in collaboration with the Dubai Virtual Assets Regulatory Authority (VARA) and Dubai Future Foundation (DFF). The DLD anticipates that this groundbreaking initiative will drive significant growth in the real estate tokenisation sector, with its market value projected to reach Dh60 billion by 2033, representing 7% of Dubai's total real estate transactions. Secure Digital Mortgage Lending and Property Investments The UAE's regulatory bodies have been quick to adopt frameworks that ensure the security of fintech-driven real estate transactions while supporting technological innovation. The UAE Central Bank, RERA, and the DLD have all played a role in building the country's regulatory infrastructure to manage digital mortgage lending and real estate investments. One of the most critical regulations to emerge has been the KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, which were introduced to combat money laundering and prevent fraudulent activities. Digital signatures, eKYC verification, and biometric identification have streamlined the traditionally lengthy and paper-heavy mortgage application process. Buyers can now submit applications from anywhere in the world, with secure verification systems in place to prevent identity theft and fraud. Additionally, regulatory measures such as escrow account requirements for off-plan property purchases have helped safeguard buyers' funds. Escrow accounts hold buyers' payments securely until the property is completed, ensuring that developers meet their obligations and that buyers are not at risk of losing money in the event of project delays or disputes. At the same time, the UAE has also started exploring the potential for real estate tokenisation. Tokenisation involves converting real estate assets into tradable digital tokens, allowing investors to own fractional shares of a property. This approach opens up investment opportunities for individuals with less capital to invest, democratising access to the real estate market. Tokenised real estate assets are tradable on blockchain platforms, ensuring transparency and security throughout the investment process. Yousef adds: 'Regulatory oversight is crucial, but it must also be adaptable. We need a framework that encourages innovation without compromising security.' Indeed, balancing security and innovation is key to ensuring that the growth of fintech in real estate is both sustainable and secure. Digital Mortgage Platforms and Real Estate Crowdfunding The advent of digital mortgage platforms has fundamentally changed how people access financing for property purchases. Traditionally, applying for a mortgage was a cumbersome process involving numerous meetings with bankers, extensive paperwork, and lengthy approval times. Fintech-driven digital platforms have reduced these hurdles by enabling borrowers to apply for mortgages online, using AI algorithms for credit assessment and real-time financial verification. These platforms also integrate with open banking APIs, allowing lenders to assess a borrower's financial standing more efficiently and accurately. The result is faster approval processes, fewer delays, and more accessibility to mortgage financing. In addition to digital mortgages, real estate crowdfunding has become a game-changer for property ownership in the UAE. Crowdfunding allows individuals to invest in real estate by purchasing fractional shares in a property. This concept is regulated by the UAE's Securities and Commodities Authority (SCA), ensuring that the platform operates within the law and that investors are protected. Yousef highlights the growing impact of crowdfunding: 'Fractional ownership is a game-changer. It allows small investors to access lucrative real estate opportunities that were once reserved for high-net-worth individuals. This shift is making the property sector more inclusive.' Menawhile, real estate crowdfunding platforms enable individuals to invest in a range of projects, from residential developments to commercial properties, without the need for large capital outlays. This model also provides developers with an alternative funding source, reducing their reliance on traditional financing and helping them access capital more quickly. By democratising access to real estate investments, these platforms are attracting a new wave of investors who may have previously been excluded from the market due to the high cost of entry. Fintech innovations have significantly simplified cross-border property investments in the UAE, making it easier for foreign buyers to enter the market. Digital onboarding, eKYC, and AI-driven risk assessments streamline the purchasing process, allowing international buyers to bypass many of the hurdles that traditionally made cross-border investments complex. Real-time foreign exchange integrations allow investors to convert currency quickly and with minimal cost, eliminating the need for multiple transactions and reducing currency conversion risks. Automated due diligence tools and RegTech solutions ensure that all transactions comply with UAE property ownership laws, which is particularly crucial for foreign investors unfamiliar with local regulations. 'Fintech has made cross-border property investments seamless through AI-driven platforms, digital escrow services, and blockchain-based smart contracts. In Dubai, international buyers can now purchase off-plan and resale properties through digital contracts, with RERA digitising the entire process, ensuring secure and efficient transactions without requiring physical presence,' says Ayman Youssef, Managing Director, Coldwell Banker. He also highlights that while major developers are beginning to adopt digital currencies, the trend is still in its early stages, requiring transactions to be executed in the UAE dirham for compliance. Wider adoption depends on regulatory advancements and integration with traditional financial systems. He also emphasises that despite fintech's impact on real estate, challenges remain, including evolving regulations, the need for industry-wide blockchain adoption, and consumer trust in digital transactions. Moreover, real estate purchases are significant financial and emotional decisions, requiring human interaction for guidance and reassurance - something technology cannot fully replace. 'Resale transactions still require physical involvement for inspections, marketing, viewings, and negotiations, which cannot be fully digitised. While fintech improves efficiency, personal interactions remain essential for a seamless buying and selling experience,' he added. Shariah-compliant digital mortgage options are another feature that enhances accessibility for global investors, particularly those from Muslim-majority countries. These options allow foreign investors to purchase property in accordance with Islamic finance principles, boosting the UAE's appeal as a destination for international property investment. Blockchain: Securing Property Transactions and Preventing Fraud Blockchain's role in securing property transactions cannot be overstated. In addition to its use in property registries, blockchain's ability to provide an immutable and transparent ledger ensures that property transactions are verifiable and fraud-resistant. As blockchain adoption expands in the GCC, particularly in Dubai, it is becoming a central component in ensuring the integrity of real estate deals. Dubai's blockchain strategy involves the digitisation of property records and transactions, making them more accessible and secure. Every transaction is recorded on the blockchain, and because of its decentralised nature, no single party can alter or tamper with the information. This enhances transparency and reduces the possibility of fraudulent activity, such as forged documents or unauthorised title transfers. The integration of smart contracts is another groundbreaking step in improving the efficiency of real estate transactions. These self-executing contracts automatically enforce the terms and conditions set between buyer and seller without the need for intermediaries. Smart contracts are helping eliminate traditional paperwork, reduce transaction times, and lower the potential for human error. Furthermore, digital escrow services ensure that the buyer's funds are securely held until all contractual conditions are met, protecting both parties from fraud. Blockchain also facilitates the use of smart contracts in real estate, which are programmed to automatically execute contract terms when specific conditions are met. For example, when a buyer transfers the payment for a property, the smart contract automatically releases the title deed to the buyer. This ensures compliance and eliminates the need for intermediaries, reducing delays and errors. As fintech reshapes the real estate ecosystem, developers and investors are adapting to new financing models. Atif Rahman, Founder and Chairman of ORO24, highlights how these innovations are revolutionising property ownership. 'The industry is ready for transformational platforms. If the right turnkey solution is offered, it will be embraced with open arms,' he states. Developers are now looking at new ways to integrate fintech into their business models. Blockchain-based payment systems, for example, are making transactions more secure and transparent, which is crucial for building trust with both investors and buyers. AI-powered analytics are helping developers make data-driven decisions about where to build, what type of properties to develop, and how to price them competitively. One challenge that remains, however, is the need for education and awareness. Not all developers, investors, and buyers are familiar with the benefits of blockchain, AI, and other fintech innovations. For these technologies to be fully adopted, there needs to be a concerted effort to educate all stakeholders about their potential and how they can be integrated into existing processes. Rahman adds: 'The industry is primed for innovation. With the right infrastructure and regulatory support, we can move toward a future where fintech is at the core of the property market.' Rise of Digital Payment Solutions The adoption of digital payment solutions in UAE's real estate sector is steadily growing. While traditional banking remains dominant, certain developers and platforms have started accepting cryptocurrencies such as Bitcoin and stablecoins for property purchases. The UAE Virtual Asset Regulatory Authority (VARA) oversees digital asset transactions, ensuring compliance with AML laws and financial regulations. Tokenised real estate investments and blockchain-based payment solutions are gaining traction, but full-scale adoption depends on further regulatory clarity and banking system integration. The increasing use of stablecoins, which offer price stability compared to volatile cryptocurrencies, may play a pivotal role in mainstreaming digital payments in real estate. Rahman states, 'While cryptocurrency adoption is still in its early stages, I see a future where digital assets play a significant role in real estate transactions. The key challenge is regulatory alignment, ensuring that these transactions are secure and compliant.' The UAE is at the forefront of fintech innovation in real estate, leveraging blockchain, AI, and digital payment solutions to enhance transparency and efficiency. While regulatory challenges and traditional banking resistance persist, the industry is rapidly evolving toward digital transformation. With the right regulatory framework, infrastructure investment, and market education, fintech-driven real estate transactions will soon become the norm, positioning the UAE as a global leader in PropTech and digital property investments. The future of the UAE's real estate sector is undeniably intertwined with fintech advancements. Both developers and regulators may continue collaborating to create a robust, secure, and efficient ecosystem that facilitates innovation while ensuring investor protection and market stability. As these technologies evolve and adoption increases, the UAE's real estate market will likely continue to set global benchmarks for digital property investments. Why UAE Real Estate Gains Ground Balancing Innovation, Regulation, and Human Touch: The integration of fintech in real estate is transforming the industry, streamlining transactions, and enhancing market transparency. Experts agree that technology is eliminating inefficiencies while opening doors for new investors, yet regulatory frameworks and the human element remain crucial for long-term success. Omran Yousef, Founder and CEO of Ovaluate Real Estate Valuation Services, underscores fintech's role in ensuring accuracy and trust. 'Blockchain and automated valuation models (AVMs) are eliminating inefficiencies, ensuring fair and accurate property valuations,' he explains. He also emphasizes the need for adaptable regulations that support innovation while maintaining security. Fractional ownership is another disruptive trend, making real estate investment accessible to a broader audience. 'It allows small investors to access lucrative real estate opportunities that were once reserved for high-net-worth individuals,' Yousef adds. Ayman Youssef, Managing Director of Coldwell Banker, highlights how AI-driven platforms, digital escrow services, and blockchain-based smart contracts have made cross-border property investments seamless. However, he acknowledges that widespread adoption of digital currencies in real estate transactions still depends on regulatory advancements. Despite the progress, fintech cannot entirely replace human interaction. 'Resale transactions still require physical involvement for inspections, marketing, and negotiations,' Ayman notes, reinforcing the importance of personal engagement in significant financial decisions. Atif Rahman, Founder and Chairman of ORO24, believes the industry is ready for transformation. 'If the right turnkey solution is offered, it will be embraced with open arms.' He envisions a future where digital assets play a key role in real estate but stresses that regulatory alignment is essential. As fintech reshapes real estate, industry leaders agree innovation must go hand in hand with regulation and human expertise to create a sustainable and inclusive market.
