Property Updates
testHyperloop affect on real estate
It was announced recently that the Hyperloop One, when complete in 2021, will transport goods and people from Dubai to Abu Dhabi in 12 minutes. The ultra-fast levitating capsule will travel at 1,200km per hour and is expected to have a positive impact on the lives of people living and working in the two emirates....
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testBuy to let or buy to live
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...
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testUAE ownership boosts real estate
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....
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testbillionaires in UAE
The UAE will see more billionaires than many other wealthy countries in the Gulf, while China and India will continue to lead the world in producing the richest citizens over the next ten years. A new analysis by AfrAsia Bank showed that the UAE will add seven new billionaires in 2027,  up by 42 per...
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test10 year visa for 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...
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testA 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...
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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...
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testcar 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...
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testDubai real estate transactions reached Dh58 Bn 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...
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testHow escrow account protects off-plan buyers
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...
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