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Why real estate is still the answer to all GCC investors

Posted by Seven Century on January 21, 2020

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Sector to be a primary benefactor of improving macroeconomic dynamics across region Ten years ago, real estate was considered a key barometer of GCC’s economic affluence as rapid rise in per capita income, influx of expatriate population, and changing demographics fueled demand for both commercial and residential properties in the region. However, the 2008 financial crisis followed by the dip in oil prices in 2014 cultivated several challenges for the sector with property prices and

Converting your US driving license in the UAE

Posted by Seven Century on January 19, 2020

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In most cases, acquiring a driving license in the UAE means going to a driving school and taking a driving test. However, those who have driving licenses from the United States are exempt from this requirement as they can easily transfer or convert their existing driving license to a UAE license. The United States is among the countries where license-holders can swap a driving license, which was issued in their home country, with a UAE
The Dubai buyer is trying to secure a mortgage now that the unit is ready for handover   I purchased an off-plan property in 2016 with a 20 per cent down payment and paid 4 per cent in Dubai Land Department charges. The construction of the property was completed almost a year late but it is now ready for handover. I then approached a bank for a mortgage and they assigned a third-party agency to
-Photo by mohammed.alafrangi via Twenty20 The new regulations outline protections and requirements for property owners and tenants in the financial hub of the emirate The Dubai International Financial Centre introduced a new leasing law that stipulates requirements and provides a protection framework for owners and tenants in the financial hub of the emirate. Enacted by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai on Saturday, the
The Dubai tenant wanted to move into a bigger home but was put off by poor quality viewings. I have rented the same studio apartment for the seven years with the tenancy contract due for renewal this month. When I noticed prices going down in my area, I became interested in moving into something bigger for a similar price to what I pay now. I sent a non-renewal notice to my landlord 70 days before