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Category: PROPERTY

Posted on 29/12/2022

UAE property: ‘Can a landlord evict the tenant without serving 12 months’ notice?’

If the tenant wishes to renew the tenancy, the landlord will be forced to serve them with the statutory 12 months’ eviction notice upon expiration of the current lease …

Posted on 29/12/2022

Dubai off-plan property launches reach a record, surpassing $7.6bln in a month

New off-plan development project launches reached a record monthly high in November, adding a further 7,161 units to the market for sale …

Posted on 28/12/2022

Dubai property market set to hit new peak in 2023

Real estate experts expect an increase in property price and rental value amidst rising demand from HNWIs and foreign investors …

Posted on 26/12/2022

Dubai twin tower project worth Dhs550 million sold out on launch day

Dubai is renowned for its towering buildings and architectural wonders, so it comes as no surprise that one of its latest additions was snatched up as soon as it was announced. Dubai-based private …

Posted on 26/12/2022

Dubai: After Shah Rukh Khan, Sanjay Dutt, more Bollywood stars look to buy property in emirate

Playback singer, music director and composer Ankit Tiwari has announced that he is looking to make the city his second home …

Posted on 24/12/2022

Modon opens two new waterfront destinations in Abu Dhabi

Modon Properties, a UAE-based master developer of sustainable communities, has announced the opening of two key integrated waterfront destinations – Mugheirah Bay and Mamsha Al Mugheirah – in Al …

Posted on 24/12/2022

New generation of rich spur boom in Dubai’s luxurious homes market

Demand soars since pandemic, with owners inundated with requests to sell homes with swimming pools and terraces …

Posted on 23/12/2022

Overcrowded Flats and Villas will Pay up to Dh1 Million in Fines

The “Your home, your responsibility” campaign was announced by Abu Dhabi’s Department of Municipalities and Transport (DMT) on Thursday in an effort to reduce residential overcrowding.The authorities …

Posted on 22/12/2022

Dhs1 million fine for overcrowded residential units in Abu Dhabi

As part of the campaign, field inspections in residential areas will begin in the first quarter of 2023. Any person violating the provisions and regulations of Law No. 8 of 2019 concerning the …

Posted on 22/12/2022

Dubai real estate: Prime residential market to see ‘strongest’ growth in 2023

Dubai has been an attractive city for investors and tourists, especially due to its appealing incentives such as low tax rates and long-term visas, among others Dubai real estate: Prime residential …

Posted on 22/12/2022

UAE property: Does the DLD’s rent valuation supersede Rera’s index?

I forwarded the Rera index findings to the landlord and asked him to adjust his rent proposal in line with it. He declined and instead said the rental valuation certificate from the Dubai Land …

Posted on 19/12/2022

UAE realty to grow at 8pc CAGR till 2027: Unique Properties

Ranked one of the top real estate markets in the world, the UK is expected to grow at a Compound Annual Growth Rate (CAGR) of 3% between 2022 and 2027 and the UAE is estimated to grow by 8% during the …

Posted on 19/12/2022

UAE realty to grow at 8% CAGR till 2027: Unique Properties

Visa reforms, an influx of European investors, and consistent improvement that has garnered international recognition have contributed to this projection …

Posted on 18/12/2022

Inside Karan Kundrra and Tejasswi Prakash’s Rs 2 crore Dubai flat with swimming pool in balcony. Watch video

Bigg Boss 15 couple Karan Kundrra and Tejasswi Prakash have invested in two flats in Dubai worth Rs 2 crore each. They have also been promised the Golden Visa by the realtors.

Posted on 17/12/2022

Hollywood real estate reality TV stars heading for Dubai

Reality TV stars eye move to Dubai to focus on UAE property market Hollywood real estate reality TV stars heading for Dubai Hollywood, Real Estate, Reality TV Arts …

Posted on 16/12/2022

Dubai records Dh9.2b real estate deals this week

Land deals at Palm Deira were among the top real estate transactions recorded in Dubai during the week ending December 16, data from the Dubai Palnd Depart..

Posted on 16/12/2022

Dubai real estate: $2.6bn of property sales this week

(AED9.2bn) were recorded this week, according to figures released by the Dubai Land Department. The Dubai Land Department report revealed that 199 plots were sold for $362m (AED1.33bn), while 2,011 …

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