All in Off-Plan Sales
The Real Estate Regulatory Agency is responsible for regulating and inspecting the management and maintenance of common areas of jointly owned real estate property.
Dubai’s real estate market has been reeling from the effects of a slowing economy and oversupply of residential units. Even as the market tries to fight this double-whammy, there’s hope on the horizon.
The significant increase of units handed-over in 2019 will result in the supply of rented accommodation and properties for sale being greater than the level of demand from tenants and buyers. Therefore, in most areas the rents achieved and sold prices are likely to decrease for the short-term.