Buying property in Dubai is not an easy task to accomplish. It becomes even more difficult when we don’t have any general direction of what we want to achieve. Below are some of the basic guidelines which will help you make more informed and intelligent decision. You must be clear in mind that you want [...]
As the credit crunch hasn’t loosened its clutches on Dubai, its real estate is still being battered by the poor economic conditions. The problems in economic conditions are very severe for the job finding people. This problem however hasn’t left the commercial property owners out of trouble. The demand for commercial properties is already low [...]
Ever since the committee for financial matters sat, everyone predicted that some work out would be done with regard to the financial crunch being faced by Dubai. Dubai whose economy is largely dependent on tourism has been in severe liquidity crunch. As the market forces are uplifting the economy of the Dubai once more, the [...]
Dubai Land Department Dubai Land Department was established in 1960. The original motive of forming Dubai Land Department was to register the sale and purchase of land in Dubai. With the increasing pressure and demand for more regulations and better monitoring requirements, Dubai Land Department has grown into a full fledged department overlooking all kinds [...]
Stressed with the price drop and problems in getting one’s unit rented out are not small things to consider. No landlord in the world can just brush away these worries by thinking that they are just evils that will ward off automatically. The reasons for the agony and pain are genuine. The patience of many [...]
Dubai is one of the most crowded place in the world. It is not only full of luxuries of life but also has ample opportunities. People think that after the debt crisis now it has become easier for any one to relocate to Dubai with a suitable apartment. This is not entirely correct, as the [...]
Dubai has many localities to its name that are really unique and have a lot of attractions for foreigners as well as the locals. One of the many noteworthy destinations in the city is Downtown Dubai. As there are a lot of residential and commercial areas that are separated on the basis of affordability, Downtown Dubai doesn’t share [...]
As Dubai has been working on new laws to make things more transparent for each stakeholder in UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum has appointed Emcredit as the official credit information body of Dubai through the decree no. 8 of 2010. Emcredit will have to run in accordance with the guidelines laid [...]
Daman Investments is about to build a large project for which it has selected Al Habtoor group. The plan includes the construction of several buildings. The process of selecting one main contractor for Daman Investment was tedious and lengthy as Managing Director of Daman Investment told while speaking about the project, “”As announced at the [...]
A recent remark of the chief economist of HSBC in Dubai showed new optimism for Dubai and Abu Dhabi. Simon Williams talking to a local newspaper said that, “Dubai’s real economy is not about real estate, it’s about the creation and export of world class services, which is why I expect Dubai’s economy to prosper [...]