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Dubai property price decline to slow in 2020
November 13th 2019Property prices in Dubai are expected to drop 11.3 per cent on average this year, but the slide is expected to slow down in 2020 and the market will see five to seven per cent correction as demand rises, latest data shows. With market hitting nearly seven-year low after shedding 23.4 per cent of value […]
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Reduction in early mortgage settlement fee in UAE
November 13th 2019Reduction in the exit fee and removal of age cap deliver positive impact on realty market Set to 25 years, the maximum tenure provided on a mortgage loan in the UAE is very long compared to any other kind of loan. Mortgage holders can clear the debt prior to the repayment period, but the banks/financial […]
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Dubai property sales hit highest mark since 2008
November 7th 2019There were 4,774 property sales recorded with the Dubai Land Department in October, the most for 11 years October was a record month for Dubai real estate sales, contradicting reports of a slowdown in the property market. There were 4,774 property sales recorded with the Dubai Land Department (DLD) in October, the highest since 2008, […]
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10 Signs That It’s Time to Get Organized
November 7th 2019How can you tell when it’s time to start organizing your space, your schedule, and your life? The signs are quite clear once you begin to pay attention. Often, they involve feeling out of control or making minor mistakes with potentially significant consequences. For example, here are ten common signs that you need to get […]
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Dubai announces 10 real estate guidelines; here’s how they will affect you
November 7th 2019The rules aim to protect the interest of the country, the industry, as well as the consumers. The Dubai Land Department (DLD), through its Real Estate Regulatory Agency (Rera), has issued a circular to real estate companies requiring them to abide by the 10 principles of business ethics in real estate. In the first principle, […]
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Dubai’s real estate market yet to see Expo 2020 boost, say experts
November 7th 2019Industry heads have no doubt about the positive effects of Expo, but has it started already? Real estate experts in Dubai are split over whether the industry is already receiving a boost from the Expo-effect as the emirate gears up to host Expo 2020 Dubai. According to statistics released by Property Finder, there have been […]
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