There are three types of land ownership in Abu Dhabi: Free ownership Usufruct Musataha In this article, we will discuss the various features, terms, and benefits of Musataha.… Read more
Your Dubai Move Made Easy: A Guide to Paperwork and Preparation
Navigating the vibrant landscape of home leasing in Dubai demands more than just finding the perfect abode. It involves understanding the intricacies of required documents and legalities. Let’s delve into the perplexing world of property renting in this stunning emirate.… Read more
All You Need to Know About the Maid Visa Dubai
About 5% of UAE’s population are domestic workers and the demand for domestic workers is on the rise. According to a recent study, the total expenditure on domestic help in the UAE is around $3 billion per year. Hiring domestic help is considered a competitive advantage in Dubai and the rest of the UAE. Many families in the UAE have at least one maid working full-time. Some families have more than one maid. If you want to hire domestic help in UAE and get a maid visa, read our latest guide for the latest costs and requirements.… Read more
UAE Public Holidays for the Year 2024
It is important to know the public holidays in UAE. Some of them have fixed dates, while others may vary from year to year depending on many factors such as the moon’s position or because of the Hijri Calendar. Only the Islamic holidays are different as they are only based on the moon’s position. The rest stay on the same date. These are public holidays and private sector holidays. Everyone gets the day off in UAE. In this guide, we will cover the UAE public holidays in 2024 in detail.… Read more
Dubai Mortgages- What is the Maximum Amount You Can Borrow?
Are you looking to purchase property in Dubai and wondering how much you can borrow through a mortgage? We sat down with one of Mortgage Finder’s most experienced mortgage consultants, Mr. Brendan Kennelly, to help you get a full picture of your borrowing capacity when applying for a mortgage in Dubai. In today’s article, Mr. Kennelly will be discussing the different factors that affect your mortgage borrowing capacity in the UAE.… Read more
How to Register Your Tenancy Contract with Ejari in Dubai?
Have you found your ideal rental property? The first thing on your to-do list is to register your Ejari, which helps to protect and legalize your relationship with the landlord. Ejari translates to ‘My Rent’ in Arabic. But what is Ejari and how do you sign up for it? Ejari is a compulsory online registration system launched in 2007 by RERA for all tenancy contracts in Dubai. Ejari ensures that all private rental agreements are legally and legally structured in a government-approved format. It also officially records the approved rental price. Registering your Ejari is an important first step in establishing your DEWA for water and electricity.… Read more
UAE: Mortgages to be used by more home purchasers as interest rates fall in 2024
Real estate analysts predict that property buyers, particularly end-users, in the UAE, will increasingly turn to mortgages in 2024, as interest rates are projected to drop by as much as 100 basis points. According to real estate analysts, mortgage rates have a major influence on buyers’ decision-making process when it comes to purchasing properties in the UAE. As rentals in the UAE continue to grow at a rapid pace, they predict that many UAE renters will opt to become property buyers in 2024.… Read more
Best Places for Homebuyers in Abu Dhabi
As the capital of the United Arab Emirates (UAE), Abu Dhabi stands as a testament to modernity and luxury, seamlessly blending rich cultural heritage with futuristic urban landscapes. For prospective homebuyers, choosing the perfect location in this dynamic city involves navigating a myriad of options, each offering unique attractions and lifestyle benefits. In this exploration of the “Best Places for Homebuyers in Abu Dhabi,” we embark on a journey through the diverse neighborhoods that define the city’s real estate landscape. From waterfront havens to bustling urban hubs, Abu Dhabi presents a kaleidoscope of choices for those seeking not just a residence but a lifestyle that resonates with their aspirations and preferences. Join us as we unravel the allure of the … Read more
How will Dubai Property Prices Look in the Coming Years?
The real estate market in Dubai is expected to slow down in the coming year as prices slow, according to a new report. S&P Global predicts that the real estate sector will expand by 5 to 7 percent in 2022. “We do not anticipate a significant disruption of the market, but rather that price growth could slow down and perhaps even reverse over the coming year, with price drops not exceeding 5-10 percent,” said analysts Tatsiana Lescova, S&P’s head of sector analysis, in a recent report. The prices of villas have exceeded their previous peaks, but the prices of apartments have fallen by 10-20 percent from their previous highs due to a historic oversupply. The Dubai property market continues to … Read more
Sudden Surge in Dubai Property Prices Causes Russians to Lose Interest in Dubai Property!
Real estate brokers say that Russian real estate purchases in Dubai have slowed down over the past few months, following a year that saw the ruble lose a quarter of its value and a natural dip after a year of rapid buying in the aftermath of the Ukraine invasion. According to brokers, some Russians who resettled in Dubai decided that Dubai simply wasn’t for them, and they moved elsewhere. Real estate in Dubai has long been popular with Russians, who flocked to buy property in the United Arab Emirates in 2022 as international sanctions hammered Russia’s economy and finances in the wake of the country’s annexation of Ukraine. The real estate boom in the UAE since the start of the … Read more