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    Where is Dubai Property headed in 2017

    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...
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    Dubai Developers cannot charge extra if the size of property Increases

    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...
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    Understanding the Buying Process in Dubai (Ready Property)

    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...
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    Understanding the Selling Process of Dubai Property

    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...
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