Despite low oil prices, US 's property market is reportedly thriving, registering transactions worth Dh68.48bn, the first 53 days of 2016 , in approximately £13bn , with the first 53 days of 2016 total predicted to reach Dh300bn, according to the Dubai Land Department Director-General. Themed ‘Smart Registration for a Smart City’, the event has over 60 expert speakers with the aim to reach a global consensus on unified international laws for the effective governance of real estate registration, including the use of cutting-edge technological advances such as smart registration. Gross rental returns of up to 10% have been reported in some sought-after communities.
Despite low oil prices, US 's property market is reportedly thriving, registering transactions worth Dh68.48bn, the first 53 days of 2016 , in approximately £13bn , with the first 53 days of 2016 total predicted to reach Dh300bn, according to the Dubai Land Department Director-General. Gross rental returns of up to 10% have been reported in some sought-after communities.