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best property in dubai

Work begins on Emaar Beachfront

EMAAR

Emaar Development has taken possession of the land for construction of Beach Vista residences in Emaar Beachfront. Site mobilisation and enabling work has commenced with the hand-over of homes scheduled for the third quarter of 2021. Emaar launched the sale of Beach Vista earlier this year. All 375 residences were sold out recording total sales…

Coming soon: New dancing fountain in Dubai

Dubai

Master developer Nakheel has signed a contract worth Dh66 million for a choreographed fountain at The Pointe, its new Dh800 million waterfront dining and entertainment destination on the Palm Jumeirah. The developer has appointed one of China’s largest fountain specialists, Beijing Water Design, to deliver and operate the fountain, which will cover a 12,000 square…

Nshama offers 10:90 payment split for Town Square

Nashama townsquare

The developer Nshama has introduce 10:90 payment plan as part of a new sales campaign for its Town Square development. Under this, buyers need to put up 10 per cent at the time of booking and then the rest on handover. Nshama is in the process of handing over the first phase of Zahra Apartments…

Dubai Land Department to waive 4% penalty on registration

DLD fees

The Dubai Land Department will not be imposing penalties of 4 per cent of the value on developers and buyers who have failed to register their units to date. Only the 4 per cent Land Department fee will be applicable on these transactions. This follows a directive late on Wednesday from Shaikh Hamdan Bin Mohammad…