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Resolving disputes: homeowners vs association managers

Resolving disputes: homeowners vs association managers

Unit owners have a right to inspect records, including financial accounts It is not uncommon to see disputes between unit owners and owners’ association (OA) managers. In such cases, it is important for unit owners to know the rights and responsibilities of each party. Unit owner rights According to Law 27 of 2007, all unit…

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,…

Dubai’s property buyers head to the ‘south’ and the coast

Dubai’s property buyers head to the ‘south’ and the coast

Developers are getting in sales by opening up freehold options beyond ‘new Dubai’ Dubai: For buyers scouting property in Dubai, it’s turning into a question of which direction they should take. Should they head for Dubai South, the massive 145 square kilometre brand new “city” taking shape in Jebel Ali? Or should they try their…

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…