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Dubai’s top areas for house sales and rents

It has been a year of change in the Dubai real estate market with new trends, an abundance of supply and a shift in the rental market. Off-plan sales has dominated this year, accounting for 62 per cent of all transactions thus far. The handover of some affordable, mid-income properties

How the year 2017 panned out for Dubai property

Dubai witnessed an upsurge in both ready and off-plan sales this year, with overall property transactions until September totalling to more than 50,000, according to the Dubai Land Department (DLD). Heightened off-plan sales, lower priced inventory, efficient unit sizes and yield compression are the key factors that summarise the 2017

VAT on commercial leases

The impending implementation of the value-added tax (VAT) will undoubtedly have many landlords and tenants scrambling to check their commercial leases for potential liability to VAT. The obvious question is, will the lease be a gross lease or net lease? Perhaps not so obvious when signing the terms for a

Preventing fires at home: Be aware and prepare

From bodily harm to property damage, the effects of fires can be devastating. The “it won’t happen to me” attitude is what catches most people off guard and by then it is too late to prevent or manage a fire. By exercising good safety habits and adopting simple preventive practices,

UAE named MENA’s top residence by investment country

The UAE has been ranked as the Middle East and North Africa’s top residence-by-investment program for the third consecutive year, according to a new study. Henley & Partners, the global residence and citizenship advisory firm, said the UAE has continued to rise in its annual Global Residence and Citizenship Programs