RERA
Dubai developers can make hay with holiday homes Rather than be fixated on off-plan sales or longer term rentals, Dubai’s developers could aim big in another category — holiday homes. It was The Department of Tourism and Commerce Marketing has launched a plan to develop a timeshare market in Dubai to help broaden its tourism…
Dubai adopts AI to expose fake realty firms The Dubai Land Department (DLD) said it will be using artificial intelligence (AI) to verify Ejari contracts starting this month. The new technology is part of DLD’s latest governance system for verifying lease contracts, and the AI will be used to correctly match contract signatures with those…
What is a defect liability period? Congratulations, your property is finally ready. Construction is complete and you are now a proud owner. While the main interest is now to ensure a quick return on investment by renting out the property as soon as the building completion certificate is signed, which officially allows the occupation of…
Dubai house rents may fall more in these areas… Residential rents across Dubai registered no change during Q1 2018, according to property consultancy Cluttons. This helped to improve the annual rate of change to -3.1 per cent from -7.7 per cent at the end of last year. This marks the first stable quarter for rents…
Owning a home is a keystone of wealth… both financial affluence and emotional security.