Dubai properties
Dubai: The latest changes to the UAE’s Commercial Transactions Law will enhance the force of cheques as a payment instrument and cut time on beneficiary’s claim. The UAE Cabinet amended certain provisions of Federal Law No 18 of 1993, that includes bounced cheques. The law will allow collection of payments through cheques and requiring banks…
Flagship 3.85 million square feet project in central Madinat Jumeirah district broke ground in 2019 Dubai Holding’s flagship residential development, Madinat Jumeirah Living, an exclusive freehold project located in the prime Madinat Jumeirah district, opposite the world-famous Burj Al Arab is on track for timely handover in Q2 2021. The 3.85 million square feet resort…
Prices have fallen 25 per cent to 33 per cent in nominal terms since 2014, an S&P report said. Dubai residential property prices will fall another 5-10 per cent this year due to a continued gap between supply and demand, before steadying in 2020, S&P Global Ratings said on Tuesday. The Dubai government’s finances rely…
Master developer Nakheel is investing Dh15 million to increase boat mooring capacity on the Palm Jumeirah, with two new marinas that will bring the total berths on the island to 600. New marinas are on the way at Nakheel’s Azure Residences waterfront apartment and restaurant complex on the island’s eastern trunk, and at The Pointe,…
Owning a home is a keystone of wealth… both financial affluence and emotional security.