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The contract includes clauses spelling out the cases that enable the landlord to request eviction of the tenant from the property. But shouldn’t the landlord pay for that? That’s something that Dubai tenants are often left wondering when they’re expected to pay for major maintenance work in a house they might have just tenanted. No…
Middle East’s major economies present increasingly attractive non-oil, long-term opportunities A young population and high per-capita income coupled with key economic reforms in the UAE and Saudi Arabia make long-term investments in regional equity markets an attractive investment proposition, the world’s largest wealth manager said. UBS said in a report that consumer-driven companies operating in…
Theme park operator looks to attract visitors from India, Saudi Arabia and the UK DXB Entertainments will open the first Legoland Hotel in the Middle East in Dubai Parks and Resorts. The seventh such property to open worldwide, the hotel will be a 60:40 joint venture between DXB Entertainments and Merlin Entertainments and will be…
City ranks 10th in a global index for high-end rentals Despite reports of a decline in rents in Dubai’s mid to high-end residential segment, the city has ranked among top cities globally for luxury property rentals. Dubai is the world’s 10th most expensive city for high-end rentals, according to ECA International, a knowledge provider for…
Owning a home is a keystone of wealth… both financial affluence and emotional security.