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Landlords have to refund the deposit within a “reasonable” time Dubai Land Department (DLD) is working to introduce a new rental security deposit form, which will ease the process of refund for tenants, a senior government official has said. At present, security deposit (generally a month’s rent) refund is limited to mutual agreements with the…
MAG 5 Property Development has announced the launch of MAG 5, the latest phase of MAG 5 Boulevard community MAG 5 Property Development has announced the launch of MAG 5, the third phase of its MAG 5 Boulevard community in Dubai. The developer said in a statement that MAG 5 has been released in response…
Freehold sales maintain consistent gains with Dubai Marina recording the highest numbers Dubai: Dubai’s property market remains in upturn mode. In the first two months of the year, just about every freehold community locked in sales transaction gains in the high double-digits compared with the levels for the same period last year. The most popular…
Over the last 10 years, they would have netted returns of a whopping 120% Dubai: For investors who were willing to bide their time in the last 10 years, Dubai realty rocks. A comparison of returns from real estate assets in London, Singapore, New York and Dubai suggests the emirate provided returns of 120 per…
Owning a home is a keystone of wealth… both financial affluence and emotional security.