News
Dubai has been a haven for real estate investors for years and the government and authorities are consistently putting favourable features in place to ensure it stays that way. One such example is the 10-year residence visa, which has enhanced the ease of doing business and is hence encouraging more people to invest Dubai for…
Off-plan deals in Dubai increased by 51% compared to same period last year. Property deals worth AED5.6 million ($1.5bn) were completed in Dubai during Ramadan this year. Research from Property Finder revealed there were off-plan deals worth AED2.63 billion in the emirate over the period, an increase of 51 percent on Ramadan 2018 (AED1.74 billion)…
It’s a great time to negotiate a reduction in rent, but keep these things in mind. A “soft” real estate market marked by oversupply gives tenants an opportunity to consider their options. This is true this year where tenants can look at negotiating a reduction of their rent or relocating to a better property. Here…
Deals for apartments in Dubai constitute the largest portion of the total value of transactions. According to the DLD, the figures are largely a result of government policies to encourage investment and boost the attractiveness of Dubai’s real estate sector. The value of real estate transactions in Dubai rose 33 percent to AED 34 billion…