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Off-plan boom hurting sellers of completed Dubai homes

Dubai’s burgeoning off-plan sales market is having a ‘detrimental effect’ on prices of completed homes in certain parts of the city, says a new report from Core Savills. The consultancy’s latest Dubai Residential Market Update states that homeowners in areas such as Downtown Dubai and Dubai Marina are competing for

5 Ways to Determine if You Are Ready to Become a Homeowner

Buying a new home is understandably a major step to take, and it is not a step to take lightly. Your new home purchase can affect everything from your budget and financial future to your lifestyle, your future plans, and more. It is wise to review a few critical factors

The top performing Dubai district for rents might surprise you

Dubai’s Jumeirah Lake Towers, long seen as the less desirable cousin of neighbouring Dubai Marina, is the city’s top performing area for apartment rental values, according to a new report. Propertyfinder Group’s UAE Real Estate Trends 2017 report showed that Jumeirah Lake Towers – more widely known as JLT –

DLD says halves cost of Dubai real estate transaction services

The Dubai Land Department (DLD) has saved around AED45 million ($12.2 million) since the launch of its new Real Estate Registration Trustees Offices to register sales, mortgages and tenancy agreements, it said in a statement. The 18 pilot offices across the emirate helped DLD to make substantial annual savings in

Secure your home while on holiday

With the onset of summer vacations, many Dubai residents look to move to cooler locales to spend the summer, or connect with family and friends over the extended break. While taking respite from the rapidly heating city is a welcome change, vacationers often end up worrying about the house they