Dubai’s Land Department is working on a new rental law that will give separate weightage to commercial real estate such as offices, malls, health and educational property, apart from residential. The law, which is in front of the legislative committee, will replace the current one-size-fits-all rental regulation, top officials said. That could pave the Read More...
No doubts, off plan purchases are giving worthy alternative options in today’s market with an eye-catching payment plan, together with the resilient security measures taken by the government to protect buyers’ rights. Off plan developments have been steadily budding and are accessible at lesser values. These days all most every developer is offering Read More...
The loan-to-value (LTV) is basically the percentage of the loan amount to the appraised value of the property. The LTV is an offering ratio that financial institutions study before approving a mortgage and is calculated by dividing the sum of your loan into the total value of your property. For example, if Read More...
Buying your dream home in Dubai or investing in Dubai Properties, here are some crucial pointers to help on your way. Plan your Finance, before you start browsing out your option in the market, it’s crucial to answer few questions, how much you can afford, how much you can borrow and what will be Read More...
Today, people with existing mortgage exposure, look at re-mortgage as a great opportunity to reduce the mortgage cost, to unlock the property equity or to consolidate the debts. Well, the question comes, is it a smart move for every homeowner, and how refinance or re-mortgage can contribute to lower debt cost? Indeed, with the Read More...
No doubts, off plan purchases are giving worthy alternative options in today’s market with an eye-catching payment plan, together with the resilient security measures taken by the government to protect buyers’ rights. Off plan developments have been steadily budding and are accessible at lesser values. These days all most every developer is offering a Read More...
Real estate related transactions in Dubai totalled Dh113 billion for the first half of this year compared with Dh129 billion a year ago. Business Bay was the most heavily transacted location, accounting for 1,643 units and with a combined value of Dh2.34 billion, figures released by Dubai Land Department show. Dubai Marina followed Read More...
I am looking for a residential investment; can you advise me, which are the best areas in Dubai, which can give high yield on ready and off plan projects? The Dubai real estate market is currently undergoing a steadiness period, which is directly tied to tactical government guidelines, including amended registration Read More...
While the statistics show that the majority of property purchases in the emirates are done in cash, but definitely the enduring low- interest rate entices the end-users more, as with this they can consider the option of offsetting rising rents with mortgage installments. Since the mortgage is a long- term commitment, it is Read More...
We are watching the market since long and now in 2016 willing to do our first real estate investment. But not sure whether to buy a house to live on or use as the investment property, kindly advise me what the benefits of buying as an investment are? And how you perceive Read More...