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Budget planning 101 for first-time homebuyers

Budget planning

Purchasing your own house is definitely exciting, especially for first-time buyers. However, the paperwork and finance can be daunting and it is important to have a well-thought-out budget plan. Planning a budget helps to stay within limit and not end up spending extravagantly. It should ideally start around five years prior to your first home…

Short-stay homes provide silver lining for Dubai’s landlords

Short-stay homes

This allows them to better tackle weak demand for annual contracts and falling rents Dubai: Finding it difficult to rent out your brand new property? Then try the short-term. And not just through airbnb. Dubai’s property market is starting to see a multitude of businesses/portals that offer short-term rental options. Rather than think one-year tenancy…

To buy or rent property

To buy or rent

Top real estate analysts weigh in on the debate to buy or rent property in Dubai for expatriates, identifying the ideal price point in the market which offer the best long-term returns. According to Cluttons Middle East, market activity in the studio, one, two and three-bedroom apartments, valued at a price point below Dh1.5 million,…

Incentive bonanza for buyers at Cityscape Global

Cityscape Global

Developers at Cityscape Global 2018 are riding on various incentives targeted at both buyers and brokers to sell their existing inventories. This takes the form of extended post-completion payment plans, Dubai Land Department (DLD) registration fee waiver, guaranteed rental returns, exit options for distressed buyers, free service charges for extended periods and more. Although these…