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UAE mortgages: Home a loan

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Developers in the UAE are increasingly looking into offering more off plan projects that welcome foreign investors and home buyers contemplating long-term living in the UAE. Community living, which has been the dominant residential trend for several years now, continues to attract home buyers. However, affordability remains a challenge across the UAE’s residential market. With household incomes strained by rising living costs, underpinned by inflation levels of over two per cent and the looming new […]

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Dubai’s new ‘city’ all set to welcome residents

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Dubai: The first handovers of freehold homes in Dubai South — the “city within a city” — is set to roll before the year end, with up to 800 units being delivered in this phase. These will all be from private developers, as Dubai creates a destination where people can live and work without having to “fight the traffic everyday”. Unlike other masterplanned developments, Dubai South is unique in that its anchor will be the […]

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Dubai unveils plan for new ‘healthy living’ residential area

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Dubai Municipality on Tuesday announced that it has completed all necessary procedures to plan a new residential area for citizens in Umm Nahd-3 on the Dubai-Al Ain Road The development will have a total area of 763 hectares, state news agency WAM reported. The initiative follows directives of the Vice President, Prime Minister and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum and reflects the government’s keenness to provide adequate housing for citizens and […]

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Real estate with sustainable goals

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With the dateline for Dubai Plan 2021 edging ever closer, and designing sustainable urban environments that support healthy communities a key sub-theme for the World Expo 2020, the emirate’s built landscape can no longer be taken at face value. Sustainable master-planned neighbourhoods, multi-industry commercial hubs and government buildings are now found across Dubai, with Dubai Municipality’s Green Building Regulations and Specifications providing a baseline guide for developers and new landlords as the emirate works towards […]

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UAE 10th best place for expats

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The fast-growing allure of the UAE as a destination of choice for expats from across the world is on record, once again. The country has just been voted as one the best places on the planet for expats to live, work and settle. A research released on Wednesday finds that contrary to its traditional image as a country where expatriates come to live and work for a few years before moving on, the UAE has […]

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