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With a new legislation that came into effect this spring, Sharjah for the first time allows non-Arab nationals without a UAE residency visa to purchase property in the emirate on a 100-year renewable land lease. The move aims at stimulating demand and increasing foreign investment in Sharjah’s real estate market and is seen to be…
Emaar Development has taken possession of the land for construction of Beach Vista residences in Emaar Beachfront. Site mobilisation and enabling work has commenced with the hand-over of homes scheduled for the third quarter of 2021. Emaar launched the sale of Beach Vista earlier this year. All 375 residences were sold out recording total sales…
The developer Nshama has introduce 10:90 payment plan as part of a new sales campaign for its Town Square development. Under this, buyers need to put up 10 per cent at the time of booking and then the rest on handover. Nshama is in the process of handing over the first phase of Zahra Apartments…
The Dubai Land Department will not be imposing penalties of 4 per cent of the value on developers and buyers who have failed to register their units to date. Only the 4 per cent Land Department fee will be applicable on these transactions. This follows a directive late on Wednesday from Shaikh Hamdan Bin Mohammad…
Owning a home is a keystone of wealth… both financial affluence and emotional security.