Category: Blogs

Work begins on Emaar Beachfront

Work begins on Emaar Beachfront Emaar Development has taken possession of the land for construction of Beach Vista residences in Emaar Beachfront. Site mobilisation and enabling work has commenced with the hand-over of homes scheduled for the third quarter of 2021. Emaar launched the sale of Beach Vista earlier this year. All 375 residences were […]

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10-year visa: More expats will invest in freehold homes

10-year visa: More expats will invest in freehold homes A similar visa residency initiative was what sparked the 2002 freehold boom The UAE’s decision to allow for longer term residence visas and 100 per cent foreign ownership in companies is expected to have a significant impact on the property market, both residential and commercial. End-user […]

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Nakheel posts Dh1.55 billion Q1 profit

Nakheel posts Dh1.55 billion Q1 profit Nakheel made a net profit of Dh1.55 billion in the first quarter of 2018, up 5 per cent on Q1 2017. The developer had posted a net profit of Dh1.67 billion in Q4 of 2017. The master developer handed over nearly 200 land and built form units to customers […]

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Why Dubai South is in the right place at the right time

Why Dubai South is in the right place at the right time The proximity to abu dhabi and nearby entertainment and theme parks will the help hospitality and travel and tourism industries in Dubai South, where the Expo 2020 will take place, to sustain growth in the period after Expo 2020 Dubai, industry executives said […]

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Legal tenant rights and responsibilities in the UAE

Legal tenant rights and responsibilities in the UAE Landlord cannot withhold your security deposit The security deposit is given to the landlord to deal with deliberate damages made by the tenant, and has to be returned if no damages are found. In case of breach of contract by tenant, parties should reach an amicable settlement […]

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Developer hands over Studio City apartments

Developer hands over Studio City apartments Danube Properties will hand over projects worth of Dh1.5 billion this year. Danube Properties will hand over projects worth of Dh1.5 billion this year, says Atif Rahman, director and partner, Danube Properties. The developer handed over 354 apartments in Glitz 3 in Dubai Studio City on Wednesday. Buyers of its […]

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Sheikh Zayed Road is not done scaling heights

Sheikh Zayed Road is not done scaling heights Dubai: Azizi Developers is ready to give shape to its tall ambitions … two skyscraper projects on Sheikh Zayed Road and with one of them to be the second tallest (at 570 metres plus) after the Burj Khalifa (at 830 metres right up to the tip). The […]

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Al Furjan is a hidden gem for investors

Al Furjan is a hidden gem for investors Al Furjan is a gated community combining villas, townhouses and apartment buildings on 560 hectares of land between Ibn Battuta Mall and Shaikh Mohammad bin Zayed Road and opposite Discovery Gardens. Although the first phase of the project is established and occupied, many people who are looking […]

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Emaar project clinches Dh1 billion worth of sales

Emaar project clinches Dh1 billion worth of sales All 375 residences in twin-tower project sold out at launch Emaar Development has recorded total sales worth approximately Dh1 billion at the launch of the first residences in Emaar Beachfront, following a good response from UAE-based and international investors. Emaar Development’s launch of Beach Vista, a twin-tower […]

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Note to serious property sellers: Keep it real

Note to serious property sellers: Keep it real Homeowners must put up realistic asking prices to compete with developers’ off-plan units  Property sellers in Dubai are having a relatively tough time finding buyers for their units since they are competing with overgenerous developers who are luring customers with affordable prices, extended payment plans, DLD fee […]

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