The law will ensure that the rights of owners of expropriated property are protected and they are afforded full and fair compensation as per a clear set of rules Sheikh Mohammed bin Rashid, Ruler of Dubai and Vice President and Prime Minister of the UAE, has issued a new law to regulate the procedures for […]
In his capacity as Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved the Government of Dubai’s general budget for the fiscal cycle of 2022-2024, with a total expenditure of $49bn (AED181bn). The Ruler of Dubai also approved Law No. (28) for the General Budget […]
My landlord notified me about a rent increase via email on March 1, 2022. I currently pay annual rent of Dh132,000 and the landlord plans to increase this to Dh152,000 at the next renewal. However, my tenancy contract is up for renewal only on July 1, 2022. Therefore, this notification to increase my rent by 15 […]
Full Process of Renting a Property in Dubai After finding a job, you still have to find a place to live. A place of your own. The UAE has everything from mansions to studios, depending on your lifestyle and budget. No area or community in the country is unsafe, so there is a wide […]
Dubai Real Estate Records Transactions worth AED 780 Millions The Dubai real estate market recorded 246 sales transactions worth AED610.89 million and mortgages worth AED151.82 million, along with 10 gift transactions worth AED17.58 million by 20 December, according to data released by the emirate’s Land Department (DLD). The sales included 223 villas and apartments […]
UAE Central Bank launches framework to improve oversight of real estate lending The new standards cover all types of on-balance-sheet loans and investments and off-balance-sheet exposure to the real estate sector, the regulator said in a statement on Monday. Improved regulation will allow the adoption of best practice in bank real estate financing and risk […]
Pagani known for its hypercars will be doing the interiors at DaVinci tower Dubai: The Saudi mega-developer Dar Al Arkan is retaining its Italian connections for its second Dubai property launch in two months. This time, the interiors of the Dh800 million super-exclusive residential project on the shores of the Dubai Water Canal will […]
Top 50 Real Estate and Construction Companies 2021 The Forbes Middle East has released its ‘Top 50 Real Estate Developers In Mena 2021’ list, which features companies that have delivered some of the most significant projects in the region this year. Based on financials, reputation, the company’s age, the value of projects completed and under construction, […]
Dubai saw highest monthly property sales in eight years worth AED 13.12 billion Dubai real estate sector has recorded 55,651 sales transactions worth Dh135.4 billion in the first 11 months of 2022. At AED 13.12 billion ($3.57 billion), October was Dubai’s best month in terms of property transactions in 8 years, with the first […]
BE PART OF THE BIGGEST OPEN HOUSE EVENT OF THE YEAR. As we wrapping up the year, House Finder has taken a step to bring upon all real estate investors and more other people interested in Dubai real estate to gather up in Sobha Hartland for a grand upcoming open house event dated […]