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Best rental yields found in Dubai’s new communities

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Sep11
Dubai stays ahead of global investment hotspots despite price correction   Dubai real estate has offered one of the best rental yields in the world, especially in new communities givING better returns than many major cities around the world. Property Finder’s latest data disclosed that communities such as Meydan and

Exploring the legal side of short-term stays

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Sep07
Developers can point to sales agreements, but DTCM remains licensing authority Dubai: Under the terms of sales and purchase agreements (SPAs) with property buyers, master-developers can enforce any action they deem fit for the greater good of the community. Based on this legal interpretation, Emaar can require property owners not

Dubai residential property prices continue to dip

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Sep03
Residential property prices in Dubai continued to fall, extending the correction process that has been under way for quite some time. While apartment sales prices in the first half of 2019 are 11.7 per cent cheaper than they were two years ago and dropped 3.9 per cent compared to second

From 7.9% to 6%: UAE banks get kind of generous on mortgages

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Sep01
Rate cuts offered by some banks on existing loans — but only for one-year terms Dubai: Feel your mortgage payment is getting too heavy on monthly expenses? Chances are the bank might be willing to listen to you More banks in the UAE are offering deals on their existing mortgage

New Dubai residential units to push real estate prices down further, report says

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Aug24
“More than 20,000 units were completed in the first half of 2019 with more expected in the coming months, says Property Finder.” A record number of residential units expected to come online in the second half of the year will push Dubai property prices lower, according to a report by