In the coming months, local and foreign investment agencies are planning to establish 5 new real estate funds in the local market in Dubai.
According to Al Khaleej newspaper, the total assets of these funds are more than 6 billion dirhams.
These investment entities are currently in the process of establishing and obtaining government approvals to launch these funds, while some have obtained the necessary approvals to be included in the local financial market, or in the Dubai Financial Center Global.
Real estate investment funds, universally known as the RET term, provide the opportunity to invest at low cost in real estate projects, as well as clearly define their systems and ease of dealing with their units. The funds aim to facilitate investment. In developed and ready-to-use real estate that generates periodic and rental income, with an obligation to pay off dividends.
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