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The year 2016 was anything but stable, not just for Dubai but its impact was felt globally. Behind closed doors and in private conversations most businessmen and budding entrepreneurs whisper how happy they are to move on to the next year. The UAE property market had a bit of a bumpy ride all...

With the following breaking news, it is evident that RERA is ensuring that developers deliver what they promise and charge only as agreed. Developers in Dubai cannot charge extra money to the client or raise the price of the property at the time of handover even if the size of the sold unit is...

Hi Alshabi, I'm just in the process of moving into the Mudon 4 BR villa. I'm totally upgrading it, by the way. The community is ready and has all the facilities that you would expect frm DP. My reason for selecting Mudon was value for money. It's a new community and still coming up, so I paid...

DSO is a good location. AXIS tower is however is located in a Leasehold area of DSO. This means that the property belongs to you for a period of 99 years, unlike a Freehold property, which is yours..well...forever. I understand that 99 years is a long time but DSO has seen stunted capital...

Hi als76, JVC is a great community to invest in. It's a developing community, with parks and community centers coming up and is centrally located. There are 5 star hotels coming up in this area. However, I would not recommend Jouri. The developer has a track record of not delivering on the...

Hi Jøran, International city is not the best choice. Nshama townsquare is a good choice for an offplan property. The developer is an unofficial subsidiary of EMAAR properties, one of the biggest developers of Dubai. The project is on a 3 year payment plan. But you will miss out on the rental...

The Buying Process The purchase of a property can be divided in 2 major categories: Ready Property (Secondary Sale/Resale) We will discuss the purchase of a ready property in this thread. Once the property is selected, an oral offer is made to the Seller. Upon acceptance, formal sales...

The Process Once the seller has an oral offer from a buyer and upon acceptance of this oral offer, a formal sales contract is drafted (MOU/Form “F”) and agreed upon between the parties. A 10% deposit is made by the buyer and given to the seller’s agent, usually in the form of a cheque. In most...