Property Updates
testA 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...
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testThe millennial generation: renting for life or home ownership?
In the UAE, only around a quarter of millennials are homeowners For many of us, our life goals revolve around getting an education, building a successful career, starting a family and buying that dream home; perhaps a townhouse with a garden or a modern loft apartment. Whatever your preference, owning a home is usually high...
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test5 mistakes to avoid when buying a property
Buying a house is no joke if you are investing your life’s savings into it. A real estate investor looking for a second home to rent out needs to be cautious too. Top real estate market experts in Dubai and identified the top five risks that an investor must avoid during the home-buying process. 1....
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testdue diligence for home buyers
Buying a property can be expensive and stressful. You need to consider what your current financial commitments are and what you can afford towards a property. Costs to consider are fees for agency, legal, land transfer, life insurance, building insurance and other miscellaneous fees. Ongoing monthly payments to consider are property payments in case of...
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testCalculating your real estate return
High rental yields or strong capital growth: which is best for you? When considering an investment in real estate, it is important to decide the type of income you wish to earn from the property. Capital gain and rental yields are two ways to earn money as a property investor, so it is important to...
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Dubai: UAE residents will soon get to enjoy a new waterfront destination that’s inspired by the picturesque coastal communities in the French Riviera and it is set to open before the end of the year. Joining the growing list of seaside venues in Dubai, such as La Mer, The Beach and Marina Cubes, the Creek...
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testDubai Square
State-linked developer Emaar Properties and Dubai Holding will build a new mall, said to be larger than Dubai Mall, at their flagship project Dubai Creek Harbour. Dubai Square, as the developer has named the project, will also have around 1,500 hotel rooms and thousands of more apartment units. The project is expected to cost Dh10...
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testHow escrow account protects off-plan buyers
Buying off-plan has been a bit of a dirty word since the dark days of the property crash in 2008, when scores of buy-to-flip investors were left out of pocket. However, as speculated, off-plan buying is making a comeback in 2018. Most major developers now offer generous payment plans for their off-plan projects, yet in...
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testsixreasons to invest in dubai property
Nearly 10,000 foreigners accounted for Dh21b in realty investments in the first half of the year. According to the Dubai Land Department (DLD), there were 27,642 real estate transactions in Dubai worth Dh111 billion during the first six months of the year. Some 9,935 foreign investors accounted for 11,889 transactions worth more than Dh21 billion....
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testDemand to soon outstrip supply for Dubai homes
A surge of supply is expected to hit the Dubai residential market in the run-up to 2020. This is a result of the slew of off-plan launches witnessed in the past two years, riding high on incentives offered by developers. However, concern is being raised in some quarters on how demand will be generated to...
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