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Elite City shutterstock_image-11 Buy to live or buy to let? Property Updates

Buy to live or buy to let?

Before you buy property, you often think whether you want to buy to live or buy to let. Do you want a home or do you want an investment? Would you rather swap your monthly rent to pay towards a mortgage or would you rather rent out for potential additional revenue? Here are a few […]

Elite City shutterstock_image-10 Stocks Set to Win in U.A.E. Ownership Shake-Up: Street Wrap Property Updates

Stocks Set to Win in U.A.E. Ownership Shake-Up: Street Wrap

Stocks in the U.A.E., especially real-estate industry shares, may get a boost from plans to allow full foreign ownership in companies as the government seeks to attract investment. Allowing non-Emiratis to own 100 percent of businesses and granting long-term visas to some investors could support property companies such as Emaar Properties PJSC, analysts, strategists and investors said. […]

Elite City Visa A 10-year residency for the skilled can revive UAE property Property Updates

A 10-year residency for the skilled can revive UAE property

Opening up 10-year residency contracts for certain professions and full ownership of businesses for investors could just be the tonic the UAE’s property market needs. In one go, it creates opportunities for the highly skilled to commit to asset purchases and without having to bother about a renewal every two years.  A two-year residency is […]

Elite City shutterstock_image-9 A step by step guide to purchasing a house in Dubai Property Updates

A step by step guide to purchasing a house in Dubai

A step by step guide to buying a house in Dubai So you have finally decided to buy a house in Dubai after finding out how beneficial owning a property in Dubai can be? Buying a property as an expat might sound like a complicated procedure, filled with obstacles that could cripple small-time players. But you […]

Elite City shutterstock_image-8 All you need to know about Dubai Downtown Property Updates

All you need to know about Dubai Downtown

Downtown Dubai There are not many places in the world that you’ll find a dancing fountain, an impressive opera house, and the world’s tallest building all at your doorstep, but Downtown Dubai offers just that. Known as mega-development – ‘The Centre of Now’ in the heart of Dubai, this neighbourhood is a great choice for those looking […]

Elite City Untitled-design-89 Should you invest in car or house? Property Updates

Should you invest in car or house?

You would struggle to make a trip down Shaikh Zayed Road without spotting luxury rides and a handful of supercars; the UAE is humming with top-of-the-range vehicles and their cacophonous engines. UAE residents are racing to compete for the latest models on the road, thanks to cheap fuel prices. The emirate has long had a […]

Elite City shutterstock_image-7 Dubai real estate transactions reached Dh58BN in Q1 of 2018 Property Updates

Dubai real estate transactions reached Dh58BN in Q1 of 2018

Dubai recorded Dh58 billion in property sale transactions in the first quarter of this year, with Business Bay taking the top spot for areas with most deals, the emirate’s land department said on Saturday. The Dubai Land Department didn’t give comparative year-on-year or quarter-on-quarter figures for the three-month period to March-end 2018. “Achieving almost Dh58bn […]

Elite City shutterstock_image-6 How to protect yourself when buying an off-plan property Property Updates

How to protect yourself when buying an off-plan property

The concept of buying real estate off-plan is well known in the UAE. The main advantage of purchasing off-plan or under-construction property is a lower purchase price. As the construction of the project progresses, more often than not, the cost of the property increases. Typically, a buyer pays the purchase price for an off-plan property […]

Elite City shutterstock_image-5 Affect of VAT in Home Ownership and Renting in Dubai Property Updates

Affect of VAT in Home Ownership and Renting in Dubai

As a UAE resident, one of the biggest financial decisions you’ll face is that of buying or renting a home. Owning a home involves a huge investment, and even tenants have to set aside a large portion of their income for the monthly rent and other recurring expenses. That’s why many people are eager to […]