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.
UAE Tenants take advantage of Lower Rents and Sales Prices
UAE Tenants take advantage of Lower Rents and Sales Prices to upgrade their homes
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.
Dubai-based Union Properties - Plans for Motor City Hills
Dubai-based Union Properties has revealed plans to launch its new Motor City Hills project which will include 195 villas, 490 townhouses and six areas of commercial land. The 2.9 million square foot development has been announced following the conclusion of the developer’s three-year ‘Strategic Blueprint Plan’.
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 developer sees demand returning, but oversupply must be addressed
Dubai may have been hit the hardest by the fall in property prices across the UAE, but Azizi Developments based in the emirate is forging ahead with construction projects worth AED 3.5 billion ($950 million) over the next three years.
The Greens Still Is One Of Dubai’s Most Preferred Communities
One of the first freehold housing communities in Dubai, The Greens has always been a favourite of homebuyers and tenants alike. Its accessibility, plentiful amenities and lush landscaped gardens are just among the key facets that have made The Greens one of Dubai’s most prestigious neighbourhoods.
Dubai launches fractional Title Deeds - lowering investment threshold.
The Dubai Land Department introduced a fractional title deed programme this week to boost the emirate’s hospitality industry and offer cheaper options to small property investors. An investor will be able to buy up to half or a quarter of a hotel or serviced apartment under the new initiative.
Real to Virtual: Buying And Selling Property Online
The process of buying, renting or selling property is still largely conducted offline, but as the coronavirus pandemic has restricted movement, demand for a distanced approach to finding property is on the rise, paving the way for greater digitisation in the sector.
Dubai Property Market Set For V-Shaped Recovery
Strong June transactions lay foundation for rebound; more units being sold. Real estate sale transactions in Dubai jumped by 60 per cent month-on-month in June 2020 signalling patterns of a V-shaped recovery, according to developers and property experts.