News
Transaction levels at Al Furjan and Discovery Gardens help with recovery process Dubai: The road to recovery is starting to show up in some of Dubai’s residential communities — the mid-tier Al Furjan, Discovery Gardens and Dubai Silicon Oasis have now seen consecutive value gains since December. For a market still in recovery, such consistencies…
The revised tenant-landlord contract removes some of the grey areas in earlier agreements Dubai: From next month (March, 2017) onwards, all of Dubai’s property lease contracts will have a unified structure, according to the Land Department. The “Unified Lease Form” is designed to “regulate relationships between all parties involved in such transactions and guarantees the…
Newer communities are putting pressure on rentals across the board Dubai: More tenants in Dubai are making demands of their landlords and getting them — such as multiple cheques and longer rent-free periods. This ability to negotiate is limited largely to new communities or where the support infrastructure, as well as retail offerings, haven’t been…
Developer launches island-district at its Dubai Creek Harbour destination Dubai: Just days after reporting a Dh5 billion plus net profit, Emaar Properties is back with an off-plan launch — the “Harbour Gate” set on an island — and its first this year. In doing so, the master-developer is giving a major push for the Dubai…
Owning a home is a keystone of wealth… both financial affluence and emotional security.