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How escrow accounts protect off-plan homebuyers he concept of buying real estate off-plan is well known in the UAE. The main advantage of purchasing off-plan or under-construction property is a lower purchase price. As the construction of the project progresses, more often than not, the cost of the property increases. Typically, a buyer pays the…

Bringing wellness to UAE homes The impact of the built environment on health and wellbeing is a gaining wider attention globally and is consequently becoming an area of focus in the real estate industry. In fact, the global wellness real estate market is now valued at around $4 trillion (Dh14.69 trillion) and there is increasing…

Joint ventures: a new driving force in UAE realty development The recent strategic alliance announced by two of the UAE’s biggest developers has brought the spotlight on a trend that had otherwise swept the real estate industry in the past few years without much fanfare: joint ventures (JVs). Dubai-based Emaar Properties and Abu Dhabi’s Aldar…

Cash or mortgage: What’s best to purchase a home? Buying a property: Shall I pay cash or mortgage? This is a question that needs to be understood by everyone who can afford to buy property in cash. Our focus here is to weigh the pros of buying property in cash, and decide if doing the…