News
Aldar Properties has announced that handovers of villas within its West Yas community will commence this month. The handover process will be undertaken in phases, the first of which incorporates 300 villas, and continue throughout the remainder of 2018, the developer said in a statement. Launched in September 2015, the AED3.2 billion ($870 million) West…
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…
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…
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…
Owning a home is a keystone of wealth… both financial affluence and emotional security.