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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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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...
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test4 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...
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testWhat Business Bay be like in 5 years
When people around the world think about business, places like Manhattan in New York City or Ginza in Tokyo come to mind. However there could soon be a new world-class business hub: Dubai’s Business Bay. Envisioned as a ‘city within a city’, the 5,900,000 m2 (64,000,000 s.f.) area is the brainchild of His Highness Sheikh...
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