United Arab Emirates UAE
Receive Only The Best Posts Via Email
When deciding to rent a house, finding the right landlord is just as important as the right house. As a tenant in the UAE, you can investigate a landlord’s past rental track contract to see if there have been any rental cases filed against them. This can be done by requesting a Rental Good Conduct (RGC) Certificate from the Dubai Land Department (DLD). An RGC Certificate, as introduced by the...
The UAE has rental and ownership properties that range from high-rise flats and villas to small societies. Expatriates living in the UAE have a variety of rental possibilities. Dubai is the most expensive city while looking at house costs. Abu Dhabi is in close second place. Sharjah, Fujairah, and Al Ain are all less expensive. The country has laid down some rules and regulations that need to be followed...
While signing an agreement for Sale or Purchase of a property, it is quite pertinent to carefully read the terms and read between the lines, to get a full grasp on the rights included and what needs to be given attention. As far as contracts in the UAE is concerned, a Sale Purchase Agreement is key to the finalization of sale of Real Estate and any other moveable or immovable asset. A Sale and Purchase...
According to a report by the Sharjah Real Estate Registration Department (SRERD) for June 2022, 747 real estate sales transactions of AED 1.9 billion were completed in 106 locations of the Emirate of Sharjah, with a total area exceeding 6 million square feet. 358 mortgage transactions totalling AED 764 million are included in the statistics. Residential, commercial, industrial, and agricultural areas...
The expropriated property owners in UAE shall now be provided with full and fair compensation. A new law was passed in Dubai on the expropriation of private property for public use. The new law was passed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates and Ruler of Dubai. expropriation refers to the action by the state or an authority...
Dubai is a rapidly expanding city with a thriving economy that offers attractive returns on property investments. Its impressive infrastructure, connectivity, and urban planning have established it as a global hub. It is also evolving into a sustainable city. Due to the absence of taxes, Dubai is an attractive location for investment, particularly in the real estate sector, where investors can benefit...