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New credit card rent payment plan launched in Abu Dhabi
September 3rd 2020Residents can choose to make advance rent payments using UAE-registered credit cards on a yearly, quarterly or monthly basis. Payment of rents by credit cards is the latest incentive being offered to cash-strapped customers by a leading Abu Dhabi property developer subsequent to its rent-to-own scheme. Aldar Properties said on Monday its customers would be […]
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Live on the water’s edge in Dubai’s beachfront communities
September 3rd 2020Waking up to the sounds of the waves and enjoying uninterrupted views of the ocean is a privilege for many. Whether it’s the stunning Dubai Marina views or the island life on Palm Jumeirah or living in a family friendly beach community, such as the Jumeirah Beach Residence, there are plenty of options when it […]
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Developers offer relief for Dubai property owners missing payment installments
September 3rd 2020Dubai: Some of the biggest developers in Dubai are starting to offer more flexibility if buyers miss out on their next installments on handed over properties. This means that if payments are missed, the developers will not immediately initiate legal action. In such cases, one master-developer said it will take on the management of the […]
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Dubai property transactions back at pre-Covid levels
August 19th 2020Property transaction levels in Dubai in June hit what was previously recorded in February, setting a foundation for recovery of the local property sector for the second-half of 2020. The second-quarter Mo’asher report released by the Dubai Land Department (DLD) and Property Finder showed that a strong June performance laid the foundation for a faster […]
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Union Properties looks to buy distressed assets, diversifying away from real estate
August 19th 2020Property developer, Union Properties, is looking at acquiring distressed assets in the healthcare, education, and hospitality sectors to diversify its portfolio, its chairman said on Sunday. “We are not purely doing constructions. We are diversifying away from real estate, exploring certain good assets across the UAE. They could be in different fields, available at discounted […]
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Dubai South offers rent-to-own scheme for tenants
August 19th 2020Prospective residents of Dubai’s new city, Dubai South, now have an exceptional opportunity to avail of a 10-year “rent-to-own” scheme at one of its residential districts – The Pulse. Developer Dubai South Properties said that the offer, which is tailor-made for new tenants at The Pulse, has been made in response to evolving market needs. […]
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