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real estate market in Dubai

If you’re a landlord, consider short term

If you’re a landlord, consider short term

Short-term rentals, including holiday homes, generate higher returns If your property exists in a touristic destination in Dubai, letting it out short term or turning it to a holiday home can increase your chances of a great return on investment. Today a high concentration of holiday accommodation can be found in Dubai Marina, Palm Jumeirah,…

Developers shrink size, ticket price of off-plan homes

Developers shrink size, ticket price of off-plan homes

By now, it is common knowledge that off-plan transaction volumes witnessed a sizeable reduction from 2017 to 2018. There were fewer off-plan launches in 2018 compared to previous years. Also, developers now prefer to sell inventories closer to the actual date of delivery to gain higher traction from both investors and end-users. What can also…

Is paying off your home mortgage early a good idea?

If finding your dream house and getting a mortgage approved is one part of buying a house, then owning it by paying back the loan is the other. Mortgage loans in the UAE are capped at about 70-75 per cent of the property value on a maximum tenure of 25 years. On proper planning, getting…

Co-working spaces are the future for commercial realty

Millennials – those currently aged between 20 and 37 – are changing the way the world works and are demanding new ways of working. The Dubai real estate sector must be mindful of the changing demands of working and work spaces and react to future needs. It is very clear that the rising tide of…