It can be really tiring when one decides to take the next step and buy a real estate property in Dubai. With a lot of excellent choices and great deals, you may find yourself in a bit of trouble searching for that one property as well as a reliable real estate company that is a cut above the rest and is undoubtedly distinguished in the field.
To lighten up your brain activity and have a good rest from reading the same old materials regarding mortgages, loans and financing when browsing for new homes, here are fun facts about real estate:
McDonalds is a real estate company
To most people’s eyes, McDonalds is a burger flipping fast food chain but actually, they are in fact a real estate company. The company makes money on real estate through:
- Buying and selling properties
- McDonalds charges franchise rent to its franchisees for using the corporately owned properties aside from the franchise charges for using “McDonald’s” name.
Apple paid $1.7 million for one acre of land
When Apple was building a new data server in North Carolina, Donnie and Kathy Fullbright decided that the chance was the ‘iDeal’ situation when Apple tells them “name your price” for a one acre of land. The couple, a few decades ago purchased the property for $6,000.
Utah cut chronic homelessness by 74% since 2005
How, you ask? Utah has been giving free homes to the homeless since 2005.
Trivia Info Resource: http://www.damacproperties.com/