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Dubai rents lower as residential supply increases

New supply and increased vacancies provide renters leverage to negotiate better terms, but a risk of oversupply may be on the horizon Dubai rents fell last quarter as the emirate’s supply of residential units continued to increase, prompting concerns about oversupply, according to a new report from property consultancy JLL, with office and retail rents…

Now, register your will online in Dubai registry

Virtual registry opens a window of opportunity for expats and foreign investors Dubai: Investors holding free zone assets in Dubai or Ras Al Khaimah can now register their wills online at the world’s first virtual wills registry that goes live from Sunday. Launched as part of Dubai’s e-government innovation agenda, DIFC Wills and Probate Registry…

Got Dh500,000 to spare? Own a home with a golf course view

The apartments are available in one- and two-bedroom configurations Damac Properties has announced the launch of apartments in a residential tower in Damac Hills overlooking the Trump International Golf Club Dubai. Called Skyview Levels at Golf Vita, the apartments are available in one- and two-bedroom configurations and situated at levels 17 to 26 within the…

Don’t lose your home

Six things you should do to prevent mortgage default when you lose your job A sudden job loss is emotionally and financially stressful. If you are saddled with a loan obligation, it creates further financial havoc in your life. Apart from the monthly mortgage payments, the thought of losing your home is devastating. There are…