Under the Property All Risks Insurance the Policy indemnifies the Insured for accidental physical loss of or damage to the Property Insured whilst situated at the premises described in the policy. This will include loss or damage by Fire, Lightning …
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Dubai Properties begins handover at Dubai Wharf
Dubai Properties (DP) has announced that it has completed the first residential tower at its Dubai Wharf development, and that the residential units are being handed over to owners three months ahead of schedule The multi-million dirham Dubai Wharf …
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Property Insurance by Cosmos Insurance Brokers LLC Dubai
The fire insurance policy covers immovable and movable property, buildings, plant and machinery, furniture, fixtures, fittings, contents, stocks / stock in process, raw material, goods held in trust or in commission from loss or damage by fire or due to …
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Businessman loses Dh7b lawsuit against property company
Dubai: Dubai’s highest court dismissed an Iranian businessman’s Dh7 billion commercial lawsuit that he had lodged against a property development company and the three shaikhs who own it. The seven-year-old commercial dispute ended after the Dubai …
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Dubai property awaits Expo 2020 boost
Dubai property prices received a major fillip in November 2013 after the city won the bid to host the 2020 World Expo. This was followed by double-digit price growth in 2014 owing to significant speculative investment in the emirate’s real estate market.
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DAMAC Properties guarantees a BMW or another luxury car with the purchase of an apartment this DSF
This Dubai Shopping Festival (Dec 26, 2016 to Jan 28, 2017), DAMAC Properties is offering a brand new BMW or another luxury car – guaranteed with the purchase of a luxury apartment starting from AED 599,000. Niall McLoughlin, Senior Vice President …
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Dubai developer Damac offers buyers free BMW cars this DSF
Dubai developer Damac Properties is offering a free BMW or another luxury car with the purchase of select apartments during the Dubai Shopping Festival (DSF), it revealed on Monday. During the latest DSF edition, which runs from December 26 to January 28 …
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Mario Volpi: Can Dubai property investor penalise developer for delayed off-plan purchase?
I have invested in an off-plan property in Business Bay but its delivery is delayed by about three years. Can I penalise the developer in any way for breaching the contract? AS, Dubai In theory, there should be no reason why you cannot file a case and hold …
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