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real estate market in Dubai

Ask for a higher rent and lose a potential tenant

Rental dip in Dubai

Ask for a higher rent and lose a potential tenant Dubai residents are getting extremely choosy about where they want to move into. It doesn’t matter whether a building has just been delivered, if the landlord’s offered rents do not match market rates, the homes are likely to remain empty. Even “newly handed-over, lower-end buildings…

Dubai developers can make hay with holiday homes

holiday homes

Dubai developers can make hay with holiday homes Rather than be fixated on off-plan sales or longer term rentals, Dubai’s developers could aim big in another category — holiday homes. It was The Department of Tourism and Commerce Marketing has launched a plan to develop a timeshare market in Dubai to help broaden its tourism…

Dubai adopts AI to expose fake realty firms

AI in real estate

Dubai adopts AI to expose fake realty firms The Dubai Land Department (DLD) said it will be using artificial intelligence (AI) to verify Ejari contracts starting this month. The new technology is part of DLD’s latest governance system for verifying lease contracts, and the AI will be used to correctly match contract signatures with those…

What is a defect liability period?

defect liability period

What is a defect liability period? Congratulations, your property is finally ready. Construction is complete and you are now a proud owner. While the main interest is now to ensure a quick return on investment by renting out the property as soon as the building completion certificate is signed, which officially allows the occupation of…