When considering the outlook for Dubai’s property market, there are two sides to the coin. I always try my best to objectively review both sides of that coin but through this public medium, I will focus on the positives. There are four pillars of growth: A …
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Abu Dhabi plans increase to municipality tax
Abu Dhabi’s Executive Council is reportedly planning to increase the emirate’s municipality fee for foreign residents renting property. The National cited a circular as confirming plans to increase the fee from 3 per cent for residential properties only.
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UAE property developers ramp up Ramadan offers
UAE property developers are ramping up efforts to win over prospective buyers with discounts and attractive payment terms, hoping to counter the expected fall in sales during Ramadan. The onslaught of deals come as the country is already grappling with …
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Dubai’s property transactions head online
Dubai: Investors in Dubai’s real estate can sell or rent their properties online from anywhere — through the Dubai Land Department’s ‘REST’ platform. This covers the entire digital management of these transactions and helps eliminate paper …
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Dubai announces plan to take all real estate deals online
Dubai Land Department (DLD) has announced plans for the Real Estate Self Transaction (REST), a platform for conducting real estate trading and transactions with multiple parties anywhere and anytime. The new platform, part of DLD’s contribution to the …
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Dubai gov real estate platform aims to cut out agents
Dubai Land Department (DLD) has announced plans for a real estate platform designed to cut out property management and service agents and reduce paper documents. The Real Estate Self Transaction (REST) portal will allow landlords to trade and sell their …
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Video: Why now is the right time to invest in Dubai property
Joanne Phillips, general manager of the mortgage division at Holborn Assets, says now is a great time to buy in Dubai. But she warns: “It’s a very difficult market to predict. People have been saying we’ve bottomed out for the last six months, but honestly …
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UAE residency move ‘to help boost property sector’
The UAE cabinet, presided over by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved steps that would allow for 100 per cent ownership of UAE-based businesses by foreign investors by the end …
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UAE Bayut’s mother company expanding with Mubawab-Morocco
In a statement, Emerging Markets Property Group (EMPG), the parent company of UAE real estate portal Bayut.com, announced that it has acquired Morocco’s largest property portal Mubawab. Headquartered in Casablanca, Mubawab was founded in 2011 by …
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Danube Group well positioned to serve property buyers and investors in Dubai’s real estate as UAE extends residency to 10 years
Udaipur : The latest UAE Cabinet’s twin decisions to extend the residency permit up to 10 years for foreign investors, qualified professionals and talented students as well as offer 100 percent foreign ownership of private companies are expected to steer …
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Long-term visas to boost investment in UAE or not?
The new long-term visa for international investors and specialist professionals will have far-reaching impacts on the property market in the UAE. According to Dubbizle, a property website, the change will help boost the real estate sector and encourage …
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Dubai Customs Showcases IPR Efforts to Japanese Delegation
Dubai Customs’ IPR Department received a Japanese business delegation at its main building in Mina Rashid. Yousef Ozair, Director of Intellectual Property Rights Department (IPR), Narmin Ahmad Ali Issa, Director of Legal Affairs Department, Mohammed bin …
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Property for sale in UAE
Browse listings of houses, apartments, land, commercial property and other real estate for sale in UAE, advertised by owners, agents, developers & portals or jump to results for popular locations using the links on the right. Something of a playground for …
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Look: This UAE hotel is going plastic-free
… luxury hotel is opening in the UAE in just a few months and it is making a special pledge that only just a few in the industry have so far done. Jumeirah announced on Wednesday that its 293-room beachfront property in Saadiyat island, Abu Dhabi …
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Video: How Zoom Property, Dubai’s new property portal, plans to grow in a busy market
There’s a new property portal on the market, Zoom Property. What’s unique about it and is there even room in the market for such a venture? Gary Dalton is the company’s managing director. He says that Zoom launched with 20,000 properties on its efficient …
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United Arab Emirates props up real estate with longer visas
As homebuilders in Dubai and Abu Dhabi think up extravagant incentives to shake the property market out of its long slumber, the government will offer potential buyers something the companies can’t – the right to stick around. A decision to extend visas to …
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UAE sees property prices, rents dip across the country in Q1
The first quarter of 2018 was bleak for residential property owners across the UAE as new supply, a lack of demand and other factors impacted the market, according to a report by consultancy Asteco. The firm said apartment and villa sale and rental rates …
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