Dubai Luxury Homes

How to buy property in Dubai

International investors are now seeing the benefits of  buying Dubai property. To attract foreign investors, the architects and construction companies are creating some of the most amazing construction projects in the world.  The majority of the investors are looking for off-plan Dubai property but there are some traditional properties which are also on sale.

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Dubai, a lucrative place to purchase real estate in the MENA region

Dubai is a great option when it comes to buying property. It has all the benefits you could ever wish for. Dubai is best positioned in the MENA (Middle East North Africa) region and attracts long term real estate capital. This is according to a survey conducted in this area by property advisor Jones Lang LaSalles.

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Dhs2.19bn of land transactions in Dubai

According to the land department, the recent overall cost of mortgages was Dhs919.29m. At the end of the week, a sum of 81 sales transactions was enrolled, among which a plot in Sheikh Zayed Road was the most expensive one sold for Dhs124m.

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Dubai Sports City homes to be handed over soon

Luxury homes at Dubai Sports City, one of the main developments in Dubai’s largest residential and leisure real estate schemes are being given their final touches. Almost 30 homes were handed over a fortnight ago, with many more in line, as revealed by the executives of the Victory Heights development.

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The right time to rent property in Dubai

Dubai has been a place where people have moved in large numbers in the past few years. However, due to the lack of available Dubai property for rent, rent prices have been very high and tenants have had problems. Recently, the global financial crisis has changed the Dubai property scenario.

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More people purchase property in Dubai as prices are low

The Unites Arab Emirates (UAE) consists of seven emirates and Dubai is one of the most popular destinations among them. Dubai is the second largest emirate following Abu Dhabi and it is generally known as the ‘pearl of the Persian Gulf’.

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Rental laws for Dubai property

Many big real estate projects and various other development projects are going on in Dubai and so naturally a lot of people are moving to Dubai. Usually these people stay in rented homes. If you are one such person then it is very important for you to first know the changes in the rental law in Dubai to avoid troubles.

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Reasons for buying Dubai property

Property rates in Dubai continue to grow. In the past two years, demand has increased against supply, hence it is no surprise that prices of Dubai property are increasing rapidly.

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Dubai tightens rules for property buyers

Dubai property buyers who breach contracts or default on payments will have to forfeit 30% of the sale price to the developer under new rules announced by the Dubai Land Department on Wednesday. The developer may also delay any payment until the property is resold to another buyer. Developers can also keep 30% of any payment made in excess of the initial 30% instalment. The new rules, effective immediately, apply only to new contracts.

Al Barari Phase 2 Launches

The developers behind the Al Barari project have announced the launch of Phase 2.  The launch will take place at this year's Cityscape Dubai exhibition that opens its doors to the public today.  Al Barari is known to Dubai Property Agents and Investors alike as a spectacular residential development that combines stunning horticultural and architectural features.

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