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ready to movein in dubai

Sharjah real estate goes global

Sharjah

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…

Dubai’s wasl releases a further 190 units for lease

al Wasl

The Dubai based master-developer wasl properties has released Block A, which is phase two of its “wasl district”. The first phase was delivered on December last and had 166 units, all of which were leased within a week. Block A will have one- to three-bedroom apartments ranging from 833 to 2,712 square feet. “Due to…

Work begins on Emaar Beachfront

EMAAR

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…

Dubai Land Department to waive 4% penalty on registration

DLD fees

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…