News
Can service fees affect the sale and rent potential of a property? Do service charges impact the marketability and rentability of a property? Most people seem to believe that if the services provided for the charges being levied appear justified, those communities and properties will continue to thrive and remain popular. However, unscrupulous practices have…
A look into the sales performance of off-plan and completed properties The Dubai Land Department (DLD) recently announced that the value of real estate transactions in the first 45 days of the year hit Dh42 billion, nearly half of last year’s Dh91 billion. An interesting feature of recent residential transactions has been the increasing number…
Questions on snagging, ownership, bounced cheques and realty agents My family is searching for a villa to purchase. How can I ensure that the property is in good condition before purchasing it? To confirm that the property does not have any major defects, you should have a property inspection completed by a licensed inspection (snagging)…
The resolution establishes a legal framework for the refund of fees paid by property owners DUBAI: Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has issued an Executive Council Resolution No. (5) of 2017 pertaining to the refund of fees collected for exemptions from planning…
Owning a home is a keystone of wealth… both financial affluence and emotional security.