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testTenancy 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...
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testDubai'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,...
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testExpat retirement visas expected to boost Dubai's property market
The UAE’s decision to introduce a new five-year visa for expat retirees older than 55 is likely to boost property transactions in the over-50 age bracket, which has declined by 40 percent, according to Property Finder research. On Sunday, the government announced that expats over 55 will be able to obtain the new visa if...
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testMost 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...
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testDiversify 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...
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testBudget 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...
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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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