Glossary
| Term | Definition | |
|---|---|---|
| A | ||
| AGENCY FEE | A fee charged for the services rendered by the agency usually on a commission basis | |
| ASSETS | An asset is something that provides current, future or potential economic benefit to the individual or the Company | |
| C | ||
| CAPITAL APPRECIATION | The rise in an investments market price | |
| CASHFLOW | The amount of money moving into and out of a business | |
| COOLING-OFF PERIOD | The 24-hours window after the property is funded where the investor can cancel/invest before the purchase occurs | |
| D | ||
| DIVIDEND | A distribution of profits to all shareholders | |
| DUBAI FINANCIAL SERVICES AUTHORITY (DFSA) | The Dubai Financial Services Authority is the financial regulatory body of the special economic zone, the Dubai International Financial Center in Dubai | |
| DUE DILIGENCE | It is the review performed to confirm facts or details prior to entering into an agreement to act with a certain standard of care | |
| F | ||
| FUNDING TARGET | The capital required to be raised in order to fund an investment, including all associated costs | |
| G | ||
| GROSS YIELD | Income on the property before deducting costs and expenses | |
| I | ||
| INFLATION | The increase in prices over a given period of time | |
| INVESTMENT | An asset that is acquired for the purpose of generating income or appreciation | |
| K | ||
| KNOW YOUR CLIENT (KYC) | The process of verifying the identity of your customers, either before or during the time that they start doing business with you | |
| M | ||
| MARKET PRICE | The current price at which an asset can be bought or sold | |
| MATERIAL CHANGES | Any change or new matter that may significantly affect the business such as the effect on the value of, or return on, an investment | |
| N | ||
| NET YIELD | Income on the property after deducting costs and expenses | |
| P | ||
| PROFIT | A financial gain between the amount spent and the amount earned | |
| R | ||
| RENTAL COST | The cost associated with the rental property during a set period, ie utilities | |
| RENTAL INCOME | Money collected from tenants for the use of space | |
| RETURN ON INVESTMENT (ROI) | ROI is a performance measure, a ratio between net income and the investment | |
| S | ||
| SECONDARY MARKET | A secondary market is where investors buy and sell assets/shares they already own | |
| SHARE | A share is a percentage of ownership in a financial asset. Investors who hold shares of any asset are known as shareholders | |
| SPECIAL PURPOSE VEHICLE (SPV) | An SPV is a company created for the purpose of executing a single transaction. In the case of "Baytukum" every property will be purchased through an individual SPV. This allows us to streamline the investment process through granting shares in the property's SPV to its shareholders | |
| T | ||
| TRUSTEE FEE (PROPERTY REGISTRATION TRUSTEE) | A real estate registration trustee office is an authorised agency that acts as a satellite office of the Dubai Land Department. It conducts numerous services such as the transfers or sales, mortgages, grants, development, and pre-registration of properties | |