Low interest rates and falling prices have convinced a number of property buyers to swing back into action after Dubai ended its lockdown. Total real-estate sales transactions grew by 60 percent in …
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Dubai property service charges – Here’s how it impacts a homeowner!
Now, this is a landlord who has owned property in Dubai through two market upturns and subsequent downturns. The burden of service charges can become quite tiresome for the new cr …
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UAE expats: How easy is it for a non-UK national to buy property in Britain?
If you are not British and you are wondering whether you can own property in the UK, the answer is yes, you can buy property in the UK – even if you do not live in the country. Many expatriates have …
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Abu Dhabi T10 organisers face anxious wait to cement this year’s dates
Shaji Ul Mulk, the billionaire businessman behind the Aldar Properties Abu Dhabi T10 league, hopes one day that his revolutionary format of the game can match the appeal garnered by the hugely popular …
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Shuaa Sees Opportunities in Saudi Arabia’s Property Market
Saudi Arabia’s property market could offer opportunities for investors even after the double whammy of lower oil prices and the coronavirus, according to the deputy Chief Executive Officer of …
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UAE: Planning your retirement? This is what you need to consider!
But if you want a good quality life post-retirement, then you must start planning for it right from a young age. There is a large working population of expats in the UAE, and it is definitely …
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Dubai-based Shuaa sees opportunities in Saudi Arabia’s property market
Saudi Arabia’s property market could offer opportunities for investors even after the double whammy of lower oil prices and the coronavirus, according to the deputy chief executive officer of …
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UAE’s housing market continues to struggle
Dubai’s property market has been one of the world’s most volatile. Dubai saw one of the world’s worst housing crashes from Q3 2008 to Q3 2011 with house prices plunging by 53%. The housing market …
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Dubai’s ready property sales market set for an upbeat second half of 2020, says Appello Real Estate
The brokerage firm has seen an approximate 40% increase (YoY) in buyer enquiries for ready property – notably in fully completed, community-oriented Dubai neighbourhoods …
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Dubai property developer DAMAC’s shares surge on privatization plan
Shares of Dubai’s DAMAC Properties surged nearly 11 percent to 0.761 UAE dirham ($0.2072) in early trade, after Reuters reported that its chairman is weighing buying out minority shareholders and …
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Gang on trial for trying to sell Dh11 million Dubai property that wasn’t theirs
A gang of four are on trial in Dubai accused of forging official documents to scam a property developer into selling land worth Dh11 million. A legal department employee at the property developer …
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Dubai property: Buying and renting villas skyrockets during coronavirus crisis
Dubai’s fountain show resumes beneath the Burj Khalifa tower, on June 5, 2020, following coronavirus lockdown. (File photo: AFP) Interest from buyers and renters in villas throughout Dubai skyrocketed …
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Sheikh who installed Evian water tanks at mansion accused of ‘reckless extravagance’ in lawsuit
A blockbuster case making its way through the London High Court is shedding light on the finances and extravagant, secretive lifestyle of the world’s fourth richest royal. Sheikh Khalifa bin Zayed …
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Sheikh with so many homes: RICHARD KAY goes through the Emir of Abu Dhabi’s keyhole
This week the High Court heard how Sheikh Khalifa was accused of reckless extravagance in a legal battle between him and the former managers of his London property empire.
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COVID-19 – NRIs: UAE expats going home? Here are your top options when purchasing property in India
I have a UAE job offer but can’t fly in. What should I do? COVID-19: I got a job in another emirate, can I put my family visa on hold in the UAE? If, as an Indian expat, you have decided to live in a …
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After COVID-19, UAE property market is expected to recover in phases – Time now to buy a home?
The COVID-19 pandemic has been causing disruption across most industries and the UAE’s real estate market is expected to face strong headwinds Given the uncert …
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UAE: Why holding on to your money is crucial to riding out COVID-like emergencies!
Most people who are working from home now do not spend as much money as they did earlier. They don’t go to malls or eat out at restaurants. Now, most people prefer to cook at …
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