Service charges are the only rates that have remained intact through the property market downturn and the subsequent COVID-19 hit on income and activity. Now, property investors want some changes to services charges to reflect market realities.
All in Landlords
Pandemic spurs Demand for Spacious Homes
The pandemic outbreak and the ensuing lockdown have started to influence lifestyle changes and real estate preferences, with buyers increasingly looking for spacious apartments or detached houses with gardens.
DLD Complaints Procedure for Managing Jointly Owned Properties
The management company must be contacted first before submitting a complaint to RERA
Dubai's new service linking Property Owners with Brokers
The Dubai Land Department introduced a new service that links real estate owners with brokers to help them sell or rent their property, with the aim of improving communication, reducing complaints and boosting transactions.
District cooling provider extends 3-month cost relief for Tenants
Dubai district cooling provider Emicool extends 3-month cost-relief for tenants. Other such service providers could also join in offering much needed savings.
Dubai property transactions back at pre-Covid levels
Property transaction levels in Dubai in June hit what was previously recorded in February, setting a foundation for recovery of the local property sector for the second-half of 2020.
Prices, Rents of Dubai Properties Soften in H1 2020
Arabian Ranches has claimed the top spot among buyers and investors interested in ready villas in Dubai in the first-half 2020, followed by Palm Jumeirah and The Villa.
Dubai Rent Declines To 'Intensify' - Report
In its latest market analysis, Asteco, a real estate consultancy firm, cautioned against a rise in the repatriation of expatriates, as well as an increase in tenants downsizing, which could both have a negative impact on demand for accommodation.
How Dubai Metro's Route 2020 Will Impact Property Prices, Rents
Property prices and rentals around areas connected to Dubai Metro's Route 2020 will be more resilient compared to the wider market, according to property analysts and industry executives. They believe that rates will rise in the medium to long term but not in the short term due to oversupply in the market.
Advice Before You Sign a Tenancy Contract
What to Check Before Signing a Tenancy Contract
1. Ensure that your real estate agent is RERA registered. They should be able to provide you with their broker number……….
Today's Rents May Surprise You
Considering all the rental options available these days, some residents are able to maintain their lifestyle, even with a tighter budget.