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rent home in Dubai

Demand to soon outstrip supply for Dubai homes

expo 2020

A surge of supply is expected to hit the Dubai residential market in the run-up to 2020. This is a result of the slew of off-plan launches witnessed in the past two years, riding high on incentives offered by developers. However, concern is being raised in some quarters on how demand will be generated to…

How valuation eliminates big risks in property deals

Home valuation

Valuation is important when buying or selling property, as it can be the key to securing a mortgage, investors or buyers. An appraisal is carried out by a qualified, independent professional who gives an unbiased estimate of the true or fair market value of a property. Why do it? Establishing a property’s value can be…

Why rent-to-own is a win-win for buyers, developers

Own a home

In comparison to mature markets such as the UK and Canada, rent to own (RTO) has not yet been cemented as a core market concept in Dubai. Although the overall objective is the same, which is to bring housing affordability closer to the end-user, mature markets have either government or private-based RTO offerings encapsulated by…

Who buys most apartments in Dubai?

Dubai buildings

Buying a property in Dubai remains an attractive proposition for those who want to park their money and generate great returns in the long term. The latest data would show that billions of dirhams are being spent by foreigners, including expatriates based in the UAE, to acquire a piece of home in some of Dubai’s…