dubai homeowners
The question that plays on the mind of every amateur property investor, and even some seasoned ones, is whether to focus on capital appreciation or the yield. I suppose a good starting point is to answer the pertinent question: “What is your exit strategy and do you want an instant income from your investment?” If…
Higher returns from key property assets helped Emirates Reit (real estate investment trust) report a net asset value of $520 million at the end of the first quarter 2018. The portfolio weighed at the $870 million mark. The European Business Center, which the Reit acquired in the third quarter of 2017, had a 7 per…
Two high-rise fire incidents in the past two months could provide a much-needed impetus for Dubai residents to be more vigilant in securing their belongings. The spire on the Almas Tower in Jumeirah Lakes Tower caught fire last month, a minor incident that was quickly put under control but nonetheless required residents to be evacuated,…
New Dubai Land Department structure approved. Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, issued Executive Council Resolution No (17) of 2018 that approves the new organisational structure of the Dubai Land Department (DLD). The new structure of the DLD includes the Real…
Owning a home is a keystone of wealth… both financial affluence and emotional security.