Dubai’s real estate sector is strengthening by the day and while the new laws are effectively curbing property flipping from the market, genuine demand is surfacing allowing property developers to launch demand oriented projects. The population of the emirate is also rising substantially and with new expats hailing from the mid-salaried class, the market is…
Various parties involved can get most of their work done online Dubai: The Dubai Land Department has launched an ‘Ejari’ smart app for the registration, approval and documenting of leases. “This smart application was developed with the aim of ensuring the happiness of landlords and tenants, and to reduce the need for DLD routine visits,”…
Dubai’s Roads and Transport Authority (RTA) on Wednesday announced the award of a AED10.6 billion ($2.89 billion) contract to expand the city’s metro system. The deal to extend the Dubai Metro’s Red Line to the Expo 2020 site has been given to Expolink Consortium, led by French firm Alstom, Acciona from Spain and Turkish firm…
Study ranks emirate 48th out of 109 markets worldwide in terms of real estate transparency Dubai has recorded continued progress and retained its position as the most transparent real estate market in the Middle East and North Africa (Mena) region, according to JLL and LaSalle Investment Management’s 2016 Global Real Estate Transparency Index (Greti). The…
Owning a home is a keystone of wealth… both financial affluence and emotional security.