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Buying off plan property in the UAE – what you need to know

Buying off plan has its risks and rewards. The main benefit is typically a lower price. Developers usually offer between 10 and 30 per cent lower prices for off-plan and under-construction properties. The closer to completion, the higher the price (typically) becomes. These days developers are luring buyers with increasingly attractive and flexible payment plans….

Sign Rera’s form A to advertise your property

Property owners should make sure they fulfil their end of the bargain The Real Estate Regulatory Agency (Rera), the regulatory arm of the Dubai Land Department (DLD), recently issued a statement to property owners in Dubai: sign the real estate marketing agreement (form A) with your broker, otherwise your property cannot be advertised. Although form…

Russian investors eye Dubai property

Russian interest in Dubai property has been gradually picking up as the ruble recovers It was in August 2014 when the ruble tumbled into a free fall until on January 22 it hit its worst exchange rate to the US dollar (82.9:1) since the introduction of the “new ruble” in 1998. But soon after that…