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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 […]

Elite City shutterstock_image-4-1 4 Tips to Start Saving for Your First Property Property Updates

4 Tips to Start Saving for Your First Property

Even though many things lose value over time, the property holds its value better than many other investments. In fact, property usually increases in value over the years. In addition to rising value, investing in property has many other benefits as well. Owning property often brings tax benefits that other investments don’t have. And unlike […]

Elite City shutterstock_image-3 Dubai Land Dept values properties worth $78bn in 2017 Property Updates

Dubai Land Dept values properties worth $78bn in 2017

Dubai Land Department (DLD) has confirmed that it successfully conducted 8,173 real estate valuations worth over Dh287 billion ($78.1 billion) — the highest value ever recorded — in 2017. According to a report issued by Taqyeem, Dubai’s Real Estate Appraisal Centre, valuations are done for a variety of reasons such as investor visas, gifted transfer, […]

Elite City shutterstock_image-2-1 Real Estate Investing Tips from an Experienced Investor Property Updates

Real Estate Investing Tips from an Experienced Investor

American businessman Robert Kiyosaki is best known as the founder of the Rich Dad Company. Through it, Kiyosaki provides finance and business education. He is also the author of over 25 books which have sold over 27 million copies sold worldwide. One of Kiyosaki’s biggest pieces of business advice is, ‘Don’t save money, invest it’. […]

Elite City shutterstock_image-2 How to tell if Dubai is worth investing in? Property Updates

How to tell if Dubai is worth investing in?

There are, at any given time, thousands of properties being built in Dubai. This means that if you’re looking to invest, there are a myriad of different routes to go. Different areas, developers, types of property and most importantly, different probabilities of a successful investment. So how can you tell if a certain property is […]

Elite City Untitled-design-65 The Real Truth About Buying a Furnished Apartment Property Updates

The Real Truth About Buying a Furnished Apartment

For a long time now, we continue to live in a world where goods and services are entirely geared towards the time-poor. For this reason, many people are looking to buy fully furnished new homes. If you are one of those who dream about buying a property in Dubai, here is the real deal about […]

Elite City shutterstock_image-1-1 6 Reasons Why a Luxury Home in Dubai Makes Sense Property Updates

6 Reasons Why a Luxury Home in Dubai Makes Sense

When you’re buying a home, you’re acquiring a lifestyle. That’s why smart real estate investors look at the big picture. They assess the quality of the property. They also look at the convenience, ease of living and access to opportunities their future home can bring. They’re not necessarily looking for the most modest option – […]