OUR LATEST BLOGS
Costs of Renting a Property in Dubai
Thu 06-04-2023
Whether you are renting your first-ever apartment or are simply new to the UAE you should familiarize yourself with the fees associated with renting in Dubai. By being informed, you’ll avoid unexpected costs and disappointment. Agency Fee:There are several upfront payments needed before
Read More 334Ramadan Traditions in the UAE
Fri 31-03-2023
Thursday, 23 March 2023 marked the beginning of Ramadan, kicking off one month of religious activities. To anyone new to the Middle East or in need of a refresher here is the rundown.The month of Ramadan is considered the holiest month
Read More 243House Insurance in Dubai, UAE. What you need to know?
By Veronika Goncharova Sat 25-03-2023
In the UAE, as in most countries, you are legally mandated to take out property insurance when your house is in escrow. There are two types of house insurance plans:Basic Comprehensive.Basic plans cover things like fire damage, theft, and vandalism. Comprehensive plans
Read More 273February 2023 Property Report
By Veronika Goncharova Thu 16-03-2023
Property Report Property sales amounted to $7.3 billion in the previous month with 9,020 real estate transactions. Only last year in February 2022, 6,310 transactions were recorded the total value of the transactions has increased by 65% in the one-year span. Tastes and preferences
Read More 2812022 Q4 Real Estate Report
By Veronika Goncharova Fri 17-02-2023
GrowthThe Dubai real estate market closed this year with a whopping 97,252 transactions totaling a value of AED 265 billion, 59.5% higher than in 2021. In Q4, Dubai continued to outperform other cities despite market challenges and the festive season slowdown. Investor
Read More 355Power of Attorneys in Dubai: What property owners need to know
By Veronika Goncharova Fri 17-02-2023
A power of attorney (POA) is a contract authorizing a business or individual to have legal and financial jurisdiction over an asset.This is of course helpful when it comes to dealing with property overseas.In line with the Dubai Land Department, there
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