Developers

Cityscape Is Dominated By Ready-To-Live Residential Developments. In order to speed up domestic investment in a number of upcoming residential communities that are family-focused. Developers in the UAE are changing their strategy. Additionally, development businesses are concentrated on offering useful assistance to assist potential home buyers. In making wise decisions before purchasing their first...

If The Property Is Not Registered, The Buyer May Terminate The Purchase Agreement. I paid 40% of the property's cost to buy a property from a developer over a year ago. However, it later emerged that the developer had not registered the property in my name with the Real Estate Regulatory Department. When I asked the developer to register the property in my name. He responded that after the project...

Some Lenders Are Even Offering 0.8% Interest Rates On New Purchases, But What About Existing Mortgage Holders? Even as the price of financing a house, purchase through a mortgage rises steadily. Payment plans of 1% per month are once again in full force as prospective property buyers in Dubai weigh their options. Many buyers are participating in the 1% direct-from-developer deals, and some...

Existing Home Buyers Must Carefully Consider Their Mortgage Options To Offset Rising Mortgage Costs. To attract end-user buyers, Dubai developers are using a term they have not used in a while: discount. Following the US Fed rate hike on Wednesday. Mortgage rates in the UAE are increasing by 0.75%. In addition, some developers are attempting to allay end-user concerns regarding their mortgage costs...

Reportage Properties Says That Construction Has Started On Its Verdana Project At Dubai Investment Park (DIP). Verdana at Dubai Investment Park (DIP), a new project in the Green Community of Dubai, has reportedly begun construction. The project consists of 305 townhouses. A unique benefit being offered for the first time in the UAE is that each unit has a private elevator. The project has experienced...

Ten-Year Residency Will Be Offered To Developers As Part Of Incentives Starting In September. Golden Visas are in demand right now, and developers in Dubai are well aware of this. From September, developers are planning off-plan launches aimed at investors who want to use the Golden Visa route. In addition, how should it be done? More options should be available in the crucial Dh2 million and above...

All Transactions, Including Payments, Must Be Made VIA Dubai Land Department. A top question: After I pay the whole sum that, the initial buyer of the property paid to the developer. I would like to purchase a property from one of the builders through them. What are the legal steps required to complete the acquisition of the property and guarantee that the property is properly registered in my...