News
In a series of tweets, Sheikh Mohammad bin Rashid Al Maktoum, Vice-President of the UAE and Prime Minister and Ruler of Dubai, said: “Today, we approved the final draft of the Federal law on Bankruptcy. “The law aims to promote the investment attractiveness of the UAE economy and facilitate business.” The new law paves the…
Tasks six Emirati firms with overseeing design and construction supervision Dubai master developer Nakheel is drawing on the talent and expertise of home-grown engineering and architectural consultants to help deliver its new Dh7.5 billion Jebel Ali Gardens community. Nakheel has tasked six Dubai-based, Emirati-led companies with overseeing the design and construction supervision of the sprawling…
Apartment rents in Dubai have been adjusting over the past few months, making larger units earlier unaffordable within the reach of many residents. The most common upgrade for tenants around the world is moving up to a 1-bed unit from a studio apartment. But as much as the rents in Dubai may have decreased, many…
Investment in Dubai’s real estate market has remained persistently strong on the back of superior rental yields properties in the emirate offer.Compared with global realty hubs like London and Singapore, the return on investment from properties acquired in the Dubai stands head and shoulders above international compatriots. Over the months, Bayut has noticed yields for…
Owning a home is a keystone of wealth… both financial affluence and emotional security.