News
The Dubai Land Department (DLD), through its regulatory arm the Real Estate Regulatory Authority (Rera) launched a first-of-its-kind electronic system called Mollak that incorporates innovations to ensure that justice and transparency are maintained. The DLD prioritises customer satisfaction and happiness, in line with national strategies, and developed this system to help co-owned property owners and…
Purchasing property as a first-time homebuyer can be quite overwhelming. There are many factors that one needs to think about before deciding on a unit. With many properties now priced under Dh1 million, the current market is in no doubt on the buyer’s side. When buying a property, it’s important to calculate the yield that…
Dubai tenants are well positioned to demand rent-free periods while property owners are being offered flexible payment terms as the first half of 2019 remained challenging for the UAE real estate market, according to new research. Cavendish Maxwell’s UAE Property Market Report for Q2 highlighted continued declines in both prices and rents during the three-month…
Attractive terms, sustainability among key factors luring more investors in emirate The value of real estate transactions in Sharjah in the first half of 2019 was recorded at Dh14.7 billion, driven by GCC nationals and their interest in residential properties. According to the latest report issued by the Sharjah Real Estate Registration Directorate (SRERD), the…
Owning a home is a keystone of wealth… both financial affluence and emotional security.