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11 upcoming and fastest growing areas in UAE

11 upcoming and fastest growing areas in UAE Dubai’s Jumeirah Village Circle and Studio City both experienced increased interest. Dubai’s Jumeirah Village Circle, Abu Dhabi’s Downtown, Sharjah’s Al Wahda and Muwaileh, and are among the up-and-coming and fastest growing areas in UAE, according to the latest Propertyfinder Trends . At around 6 per cent cheaper…

Developers need to put 20% of project value in escrow

Developers need to put 20% of project value in escrow

Developers need to put 20% of project value in escrow They must also verify ownership of the project and pay its value in full, says regulator In response to recent media reports, the Dubai Land Department (DLD) has confirmed that developers only need to deposit 20 per cent of the project’s value in escrow ahead…

More homes in 2018 to push down rents in Dubai, Abu Dhabi

More homes in 2018 to push down rents in Dubai, Abu Dhabi

More homes in 2018 to push down rents in Dubai, Abu Dhabi Abu Dhabi continues experiencing a higher decline both in rents and sales prices 2018 is set to be another favourable year for tenants with rents predicted to drop as a result of the sheer amount of supply projected for delivery this year. According…

Green, happy residences: a delicate balance

Green, happy residences: a delicate balance

Green, happy residences: a delicate balance How do real estate developers look after the wellbeing of occupiers? Green building and sustainability are probably the most abused terms in recent years as real estate developers try to meet the world’s growing appreciation towards environmental preservation. And now a new concept has emerged that draws upon people’s…