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Expats must pay a minimum deposit of 25 per cent of the purchase price for properties sold for less than Dh5 million. Long gone are the days of feverish speculation making Dubai’s property sector among the most volatile globally – today, end-users dominate the market and are relying on mortgage borrowing to help fund their…
The site will occupy the longest stretch of waterfront ever developed in Dubai. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched a new beachfront entertainment destination located at Jumeirah beach near Burj Al Arab in Dubai, that features MGM and Bellagio…
The mismatch between planned and actual deliveries and its impact on the market and the buyer Despite a general slowdown, there were 14,600 residential units that entered the Dubai market last year, the highest number of handovers since 2012, when around 16,000 units were delivered. Property Consultancy JLL attributes the rise in deliveries in part…
Deira, Al Qusais are recommended as among the cheapest areas to rent a flat near transport link Dubai: Since the rollout of the Dubai Metro, a lot of people have opted to live closer to a train stop and changed the way they get to work. Many have abandoned their cars for the mass transit…
Owning a home is a keystone of wealth… both financial affluence and emotional security.