Partnership aims to boost growth of companies operating within Dubai CommerCity and broaden their reach Dubai CommerCity, the first and leading free zone dedicated exclusively to digital commerce, and a joint venture between the Dubai Integrated Economic Zones Authority (DIEZ) and Wasl Properties, signed a memorandum of understanding (MoU) with eBay, a global leader in e-commerce. This MoU aims to...
Binghatti, the leading Dubai-based property brand launched the first project in Al Jaddaf this year, Binghatti Ghost. This highly anticipated development marks Binghatti’s comeback to the area driven by unprecedented demand from the market after a two-year hiatus. The new project will feature a total of 770 residential units. In addition to these sought-after living spaces, Binghatti Ghost will also...
Analysts are projecting sustained growth in the UAE real estate market, underpinned by robust demand across multiple sectors, a significant influx of new property developments, and the integration of advanced technologies. Their latest market analysis indicates a positive outlook for Dubai’s real estate sector in the 2024/2025 business season, with strong sales figures, increasing property values, and...
Starting 17 August, passengers will need to add a minimum of AED50 when topping up their nol cards to commute via Dubai Metro. Dubai’s Roads and Transport Authority (RTA) has announced a change to the minimum top-up amount for nol cards at Dubai Metro ticket offices.Starting 17 August, passengers will need to add a minimum of AED50 when topping up their cards.“Your #PublicTransport trips are smoother...
The Dubai real estate sector recorded more than AED14.65bn ($4bn) of transactions last week, according to data from the Land Department. Sales dominated the figures, with AED10.93bn ($3bn), according to Land Department data. In total there were 3,530 sales transactions recorded between August 19 and August 23. Dubai real estate this week Among the top listed sales transactions listed on the...
Question: I am about to invest in an off-plan property in Dubai, with the handover of my unit scheduled for 2028, according to the sale agreement. What will happen if the developer delays the handover? Am I entitled to compensation, and if so, when would I receive it? Answer: When a property is sold in Dubai, both the seller and the purchaser sign a Sale Purchase Agreement (SPA). An SPA will normally...
The Dubai property market has an array of real estate offerings to suit buyer needs, here is a comparison of what $1 million can get you in two of the city’s residential real estate hotspots As the Dubai real estate market continues to attract global investors, two of its top family residential communities – Arabian Ranches and Al Barari – offer distinctively different lifestyles and property...
Dubai’s regulatory authority imposed fine of Dh50,000 each to 30 real estate companies for failing to comply with the terms and conditions specified in real estate advertisements. The Real Estate Regulatory Agency (Rera), the regulatory arm of the Dubai Land Department (DLD), established terms and conditions to govern advertisements and curb negative practices within the industry. The authority asked...
Savis Homes originally started from Vancouver, Canada. The brand has since expanded its footprint to the UAE
Office 503, 5th Floor, Lama Building, Al Barsha 1, Dubai, UAE.