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Fresh supply weighs on Dubai, Abu Dhabi rents Residential tenants in Dubai are having it good as rental declines continue in 2018 on the back of deliveries flooding the market. Dubai residential rents decreased by 0.27 per cent in February 2018 and 7.06 per cent year on year, says Reidin. Apartment rents dropped 0.05 per…

DLD signs e-Mortgage agreement with Dubai Islamic Bank The Dubai Land Department, DLD, has signed an e-mortgage agreement with Dubai Islamic Bank, DIB. The agreement was signed by Juma Bin Humaidan, Deputy Director-General of DLD, and Mohammad Abdullah Al Nahdi, Deputy Chief Executive Officer of DIB. The agreement aims to save customers both time and…

Fundamentals of UAE mortgage products Everyone dreams of living in their own house. But realising such a dream is never quite easy, so most people turn to bank loans to buy their dream homes. With over 15 of the leading retail banks offering home financing, how does one arrive at the best choice? A quick…

Alliances are the flavour in Dubai’s property market A fully paid for plot of land is a good bargaining chip to have in Dubai these days … as some investor-developers are finding out. These assets are being used by them to go in for alliances with other developers to launch projects, preferably in the shortest…