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Annual Test Required for Renewal of Real Estate Broker License

The Real Estate Regulatory Agency (RERA), the regulatory authority of Dubai Land Department ( DLD ), has announced a new mandatory prerequisite for brokers....

Medium-to-long Term Demand Strong for Dubai Real Estate Market

Global business advisors Deloitte released the Middle East Real Estate Predictions: Dubai 2017 report in January, which reviewed key trends in Dubai’s residential, retail,...

UAE Real Estate Market Adjusted to The “New Normal” in 2017

In 2017 the UAE's real estate sector continued to adjust to lower growth being the "new normal" according to JLL's 2017 Year in Review...

Financial systems across the world are stalling

World Economic Forum Financial Development Report 2012 shows that financial systems across the world are stalling Hong Kong tops the Financial Development Index; top six...

Rents in Downtown Dubai fall faster than expected

On May 13, DubaiChronicle.com published an article exploring the probability of rents in Downtown Dubai to fall during the coming summer months. A week...

Dubai Residential Rents Stabilise for First Time in Two Years

Residential rents across Dubai registered no change during the first quarter of 2018, helping improve the annual rate of change to -3.1%, from -7.7%...

Nearly 20,000 New Apartments to enter Dubai’s Real Estate Market by...

Approximately 7,058 new apartments will be added to Dubai’s residential property market in 2016, according to property consultancy Cluttons' Residential Market Outlook Spring 2016...

Is it the right time to buy a home in UAE?

Property rents in the UAE rose slightly in the past one year, although the availability of vacant units is large. As a result,...

When to Buy and When to Sell – Real Estate Cycles

In order to be successful in real estate investing, you should not only pick the right properties, but also pick the right timing. You...

VAT for Residential and Commercial Real Estate Explained

The supply of commercial real estate, selling or leasing, will be subject to the Value-Added Tax, VAT, at 5%, while residential units will remain...

Dubai Rental Index 2018 Revealed

Dubai Land Department (DLD) has announced that Dubai rental index has been updated for 2018. DLD confirmed that the new update is for all...

30,000 Residential Units Due for Delivery Till 2017 End in UAE

Cavendish Maxwell have released its Q2 2017 residential market reports providing analysis and summary of apartments, villas and townhouse properties in Dubai and Abu Dhabi....

VAT Refund on Building New Homes for UAE Nationals

The Federal Tax Authority (FTA) has set three requirements and procedures for UAE nationals to refund Value Added Tax (VAT) incurred on the new...

Emaar Properties records net operating profit of US$ 1.193 billion in...

Full-year revenue grows 33% to AED 13.661 billion (US$ 3.719 billion) Recurring revenue from shopping malls & retail and hospitality & leisure businesses in 2015...

2016 Top Trends for UAE Real Estate Market Unveiled

JLL, the world's leading real estate investment and advisory firm, has today released its '2016 Top Trends for UAE Real Estate'. For the ninth...

Smart ‘Uptown Dubai’ District Prompts a New Beat for Business

A world-class district by DMCC, Uptown Dubai is set to become the new ‘Hotspot’ of Dubai offering a 24/7 live-work-thrive experience for residents...

Is Dubai Marina on The Brink of a Supply and Demand...

Dubai Marina is the most searched-for and inquired-about community in the country for people looking to buy or rent, accounting for 11.5% of...

’Address Harbour Point’ Will Overlook Dubai Creek Tower

Emaar Hospitality Group, the hospitality and leisure business of Emaar Properties PJSC, is highlighting the exceptional location advantage of its Address Harbour Point project...