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Ask the Law: 3 things we learnt about UAE real estate law

Real estate, tenancy contracts and security deposits; laws and rights you should know 1. Developer not registered with RERA Do you plan to purchase in-development property in the UAE? If you do, it is essential for you to check and confirm that the developer has been registered with the Real Estate Regulatory Authority in the…

Dubai landlords now open to multiple cheque payments

Gone are the days when landlords would insist on one-time rental payments Dubai: Tenants in Dubai have gained more negotiating power when it comes to securing rental contracts, with more and more landlords now open to accepting multiple cheques as payments. According to property analysts, gone are the days when real estate owners would insist…

As realty sales rebound, Dubai rents ease up

Experts see sales transactions picking up, but spike in home deliveries could bring down rents Dubai can expect a spike in the delivery of units this year, particularly in secondary locations in Dubailand such as Dubai Sports City, Arjan and villas along the Al Qudra corridor, where the majority of deliveries over the next three…

Dubai’s most expensive homes

From presidential penthouses to palatial villas, here are some of Dubai’s priciest residences The latest industry forecast points to challenging year for Dubai’s real estate market. This means sales prices will again be subjected to downward pressure as market dynamics play out. For those looking for prime property, this could be an opportunity to snap…