Thankfully, the UAE’s legal system includes certain protections to safeguard the rights of buyers in such situations – here is a comprehensive guide to understanding them. Investing in off-plan real estate in the UAE can be appealing due to its relatively affordable pricing compared to ready properties. Yet, construction delays can transform this opportunity into a prolonged process, causing...
With a bold commitment of AED 50 billion dedicated to new ventures across diverse real estate sectors, OMNIYAT GROUP is set to raise standards and redefine luxury living. In a move poised to transform Dubai’s real estate market, OMNIYAT has announced the launch of OMNIYAT GROUP, a new corporate structure aiming for a portfolio exceeding AED 100 billion within the next five years. Founded in 2005 by...
The total number of sales transactions for the month reached 17,139, exceeding the previous record set in April 2009 by over 20 percent. In May, Dubai's residential property market experienced unprecedented activity, as reported by Property Monitor, a Cavendish Maxwell Group company. Total sales transactions totaled 17,139 for the month, exceeding the previous record set in April 2009 by over 20...
International buyers are the cornerstone of the emirate's real estate market, attracted by its strategic location, tax-free status, and welcoming investment environment. Investors from Australia, the UK, Europe, North America, Turkey, and Iran are expected to drive the next growth cycle of the Dubai property market. They are attracted by higher returns compared to major markets, a tax-free environment,...
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