The developer is responsible for delivering the project, but the purchaser must also exercise diligence. Question: Before purchasing a property from an off-plan developer, it's crucial to verify several aspects. Firstly, ensure the developer's credibility and their capability to complete the project. Additionally, check if there's a specified maximum period for project completion. Answer: Some of...
According to Property Finder, Dubai saw its highest-ever volume and value of real estate transactions in the second quarter of 2024. The Dubai real estate sector experienced a record AED 124.4 billion ($33.9 billion) in transactions during Q2 2024, as reported by Property Finder’s Market Watch digest. Data from the Dubai Land Department indicates that Dubai achieved its highest volume and value of...
A tenant does not have to give notice because the contract has a start and end date Question : My landlord issued a renewal tenancy contract valid for only eight months next year but hasn't communicated for six weeks. We haven't signed this contract and attempted to negotiate a full 12-month lease instead of the eviction date without response from him. If we wish to vacate at the end of the...
The Royal Mansion Suite at Atlantis The Royal in Dubai stands as one of the world's most opulent and pricey hotel accommodations. Spanning over 10,000 square feet across two floors on the 18th and 19th levels, it includes multiple rooms and expansive dining and entertaining areas. Celebrities like Beyonce’ have reportedly stayed in this suite during the hotel’s grand opening in 2023. The suite...
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