Tag: real estate

Law amended to protect property buyers, developers

Law amended to protect property buyers, developers Law amended to protect property buyers, developers. It specifies procedures that will be applied in cases of breaches of sale contracts by the buyer. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has issued a new law partially […]

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Facing property handover delays? What are your legal options?

Facing property handover delays? What are your legal options? Frustration in handover of projects marketed off-plan and investor options in instances of substantial delay are by no means extraordinary grievances laid against developers in Dubai. Arguably, delay in handover in such cases is a foregone conclusion with imagined completion dates approaching and subsequently expiring without […]

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No slowdown in Dubai property market

No slowdown in Dubai property market Dubai’s real estate is increasingly becoming mature and investors’ trust level is at its highest in the emirate’s property market, a senior official has confirmed. Mahmoud Al Burai, CEO of Dubai Real Estate Institute, Dubai Government, ruled out any slowdown in the local property market, citing a strong regulatory […]

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Dubai’s mid-budget housing: The best returns for your investment

Dubai’s mid-budget housing: The best returns for your investment While Dubai has been consistently making headlines for luxury real estate and extravagant commercial projects, historically, one important segment affordable or mid-budget housing has been neglected. And that’s surprising because 65 per cent of Dubai residents fall into this category; yet, there continues to be an […]

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Why Indians are investing big in Dubai property

Why Indians are investing big in Dubai property Almost 25 per cent of foreign investment in Dubai real estate is contributed by Indians. In less than 40 years, Dubai has transformed from a local trading community into one of the most inspirational, exciting and successful cities in the world. It continues to make global headlines as […]

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Now Could be the optimum time to invest in Dubai property

Dubai’s residential real estate sector appears to be bottoming out following a three-year price slump and with brokers reporting growing interest from potential investors, now could be the optimum time to buy, says Propertyfinder Group. Dubai’s slowdown contrasts with the overheated New York and Hong Kong property markets, which along with the emirate are among […]

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