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Dubai third most affordable city for prime property

Dubai-Burj Al Arab view

Prime residential property prices in Dubai fell 1.9 per cent in the first half of the year. Dubai ranks as the third most affordable major global city for purchasing prime residential property, according to the findings of a new survey by Savills. Savills’ World Cities Prime Residential Index shows that Dubai property prices have dropped…

New system for realty governance in Dubai

Dubai Marina View

The Dubai Land Department (DLD), through its regulatory arm the Real Estate Regulatory Authority (Rera) launched a first-of-its-kind electronic system called Mollak that incorporates innovations to ensure that justice and transparency are maintained. The DLD prioritises customer satisfaction and happiness, in line with national strategies, and developed this system to help co-owned property owners and…