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Dubai’s property brokers will get a reality check in 2020

Ankit Sharma

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<p>DUBAI: Do away with real estate brokers altogether? Where every transaction can be done directly between a buyer and seller &mdash; or a landlord and tenant &mdash; using an online platform to be put up by Dubai Land Department? And the deals can be sealed and done with the users being anywhere in the world?</p> <p>Such a scenario is not about to happen overnight &mdash; but by the first quarter of 2020, this could be the reality in Dubai&rsquo;s property market.</p> <p>All thanks to advances in the use of blockchain, for uses other than to propagate highly volatile and highly toxic cryptocurrencies and tokens.</p> <p>Source:-https://gulfnews.com/business/property/dubai-s-property-brokers-will-get-a-reality-check-in-2020-1.2229856</p>