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Elite City shutterstock_image-8 Cheapest, priciest places to live in Dubai right now Property Updates

Cheapest, priciest places to live in Dubai right now

The city of Dubai isn’t widely known for its affordable rents, but there are some communities that offer great options for the budget-conscious tenant. International City, located just about 20 kilometers from Burj Khalifa or Dubai Mall, is still the cheapest place to live in Dubai today, according to the latest data shared by real […]

Elite City shutterstock_image-4-1 The Dh5m property becomes new benchmark in Dubai real estate Property Updates

The Dh5m property becomes new benchmark in Dubai real estate

Developers here have a new benchmark to aim for — a Dh5 million property — when it comes to targeting buyer prospects. Because that’s the price that will fetch the buyer a 5-year residency visa and potentially opening up a new growth opportunity within the property market. And longer residency visas are exactly what is […]

Elite City Lease-renewal-cover Tenancy and Landlord rights in Dubai according to RERA Property Updates

Tenancy and Landlord rights in Dubai according to RERA

Your tenancy contract is one of the most important documents to consider while residing in Dubai, and knowing your tenancy rights and obligations are key to ensuring that you have a mutually respectful relationship with your landlord. The most important thing for both parties to remember is that where a tenancy contract is valid, it may […]

Elite City dubai-skyline Could Dubai's property market be facing undersupply problems? Property Updates

Could Dubai’s property market be facing undersupply problems?

Only 40 percent of projected supply had reached the Dubai market over the past five years, resulting in a possible undersupply Total residential stock stands at 503,000 units, 413,000 of which are apartments and 89,833 of which are villas and townhouses. Dubai may be suffering from an undersupply of property despite concerns to the contrary, […]

Elite City sport-city-3 Most attractive areas for property investors in Dubai Property Updates

Most attractive areas for property investors in Dubai

Despite declining real estate prices, Dubai Marina was found to remain a solid real estate investment alongside four other established or up and coming areas. Town Square, Mira, Sports City, Studio City and Marina are the best areas in Dubai to invest in real estate, according to real estate website Property Finder. Property Finder said […]

Elite City fintechhive-1 Diversify your investments: alternative real estate assets in the UAE Property Updates

Diversify your investments: alternative real estate assets in the UAE

Many real estate investors in the UAE automatically think of villas or apartments when they consider investing in property. However, there are a number of alternative sub classes in the real estate market that a buyer can consider. Expanding beyond villas and apartments offers investors portfolio diversification and the possibility of enjoying a more hands-off […]

Elite City dubai-skyline Budget planning 101 for first-time home buyers Property Updates

Budget planning 101 for first-time home buyers

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 the limit and not end up spending extravagantly. It should ideally start around five years prior to your first […]

Elite City Dawn A new dawn in Dubai real estate Property Updates

A new dawn in Dubai real estate

The series of landmark policy changes this year are creating unprecedented opportunities for expat property investors. The UAE has introduced new laws this year that effectively widen the range of possibilities for expatriates to be more deeply involved in the long-term economic growth of the country. Many of the policy changes mainly concern foreign business […]