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RERA

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…

Rent-to-own schemes could revive Dubai’s property market

Rent to own

Will rent-to-own be the next big thing for Dubai’s property market and its developers? With more buyers starting to look at ready properties rather than just stick to off-plan, this could well be the time for developers to make a strong case for rent-to-own. More so, as stretching post-handover payment plans seems to have reached…

Dubai’s Rest initiative assures positive changes

REST

In a recent move the Dubai Land Department announced plans to build a Real Estate Self Transaction (Rest) platform, scheduled to be launched in the first quarter of 2020. While many real estate experts feel that the new platform will allow complete digital management of real estate transactions, others feel good brokers add a lot…

Sneaky Storage Tricks for a Tiny Bathroom

Bathroom hacks

Put cabinet doors to work. Don’t neglect the back of your cabinet doors. Keep flat irons, blow dryers and brushes at hand and out of sight in a space-saving bin. Throw a Lazy Susan under the sink. Find the surplus shampoo without knocking over the cleaning wipes by storing bottles on a Lazy Susan. Plus,…