News
Off-plan property transaction now make up almost half of all residential sales in Dubai, with buyers taking advantage of increasingly generous payment plans, according to listings portal propertyfinder.ae. The company said cheaper homes and lower deposit requirements were driving investors towards off-plan deals. It said median prices for homes have fallen by 20 per cent…
First phase of Marasi Business Bay marina ready this year Dubai Properties (DP) has started work on the Marasi Business Bay marina, including water features that will be among the highlights of the community. The developer said it has started installing the pontoons at the Marasi Business Bay Promenade. Phase one of the marina will…
Experts weigh in on Dubai’s proposed ‘smart rental index’ The Dubai Land Department (DLD) announced a new rental law in the works that will enhance transparency in real estate leases. Calling the new regulation a smart rental index, the DLD is making the switch from a one-size-fits-all index to a more specific benchmark for each…
Rizwan Sajan said investors will get a minimum of 8% to 10% return on investment when buying property in Dubai Investors who buy property in countries such as India or China will not get the same return as they would if they invested in the Dubai property market, according to Danube Group founder and chairman…
Owning a home is a keystone of wealth… both financial affluence and emotional security.