UAE property market is likely to be moderated by an oversupply of residential properties and rising mortgage interest rates, a report said. The report by Fitch Ratings on the country’s banking sector …
Aldar Invests Dh25 Millon Into Its Residential Communities To Support Energy Consumption Reduction
Aldar Properties PJSC (‘Aldar’) has committed to investing AED 25 million for energy retrofit projects in 13 of its residential communities that will re …
UAE hotel pipeline swells to 48,000 rooms; to cost $32bn
The UAE’s hotel development pipeline has swelled to 48,000 keys, the delivery of which is forecasted to cost about $32 billion, according to research carried out by global property consultancy, Knight …
The pros and cons of fractional property investing – Pocketful of Dirhams
Fractional property investing offers investors a cheaper alternative to buying a home outright. AFP . Buying property is one of the biggest finan …
Dragons, giant paper planes soar over Dubai, snow covers UAE landmarks as artists reimagine the Emirates
The UAE’s architecture is so stunning that it serves as a canvas inspiring artists to create their own renditions. From American epic science fiction movie..
U.K. Property Market Standing Strong, Dubai Real Estate Immune to Interest Rate Rise, and More
The average price of property coming to market rose 0.7%, equating to £2,587 (US2,762), this month to £367,760. In Australia, five interest rate rises since May have reduced the average loan size that …
Aldar to invest $6.8 million in residential communities and save money for tenants
New retrofit solutions to reduce electricity consumption by 29 percent per year; water consumption by 3 percent and chilled water consumption by 13 percent Aldar to invest $6.8 million in residential …
Here’s how to register co-occupants through Dubai REST app
As per the new rules, all owners, property management companies and tenants must follow an eight-step process.
New Dubai tenancy rule: Step-by-step guide to registering cohabitants
Dubai residents have two weeks to register all co-occupants staying in a residential unit for a month or more. The two-week deadline began on Friday, Septe..
Dubai: Registration of cohabitants staying with tenants for a month or more mandatory
The Dubai Land Department (DLD) has revealed more details about a new rule that requires residents to register all cohabitants in residential units. All co-occupants staying in a unit for a month or …
New Dubai rule for tenants: What we know so far about registration of co-occupants
The housing department has said that residents in the emirate have two weeks to register the individuals they are living with in their properties — whether owned or rented.The Dubai Land Department …
Zoom Property reports notable growth in apartment and villas sales in the UAE
Off-plan and ready properties also witnessed an increase in terms of sales volume and value, according to Zoom Property. Zoom Property reports notable growth in apartment and villas sales in the UAE.
UAE: Dh20,000 fine, 2 years jail for keeping lost property
If a resident finds any item or property that does not belong to them and keeps it with the intention of owning it, they will be prosecuted according to th..
Dubai’s most expensive townhouse sold for $9.6 million
Located on Jumeirah Bay Island, the property has five bedrooms and spans 4,558 square feet Dubai’s most expensive townhouse sold for $9.6 million Dubai, Dubai real estate investments, Dubai real …
UAE property: ‘Can my landlord sue me for not paying rent?’
But my landlord did not agree to my terms and asked me to pay the entire dues immediately or have a case registered against me. I can’t afford to pay the rent owed as a lump sum as I have other …
Bigger homes in Dubai for smaller rents: Why more residents are moving to the suburbs
Filipina expat Rachel Delacruz was a city girl and loved the easy access to everything that came with it. However, when she got pregnant with her first chi..
Dubai property market continues to grow
The Dubai property market continues to grow, with both the apartment and villa segments recording growth in terms of sales volume and value. August 2022 saw an estimated figure of 6,050 sales …