August 17, 2024

Dubai ranked among few global cities with accelerating property market growth

Dubai has been listed among the few global cities experiencing accelerating property market growth. Alongside Bangkok, Berlin, Stockholm, Hong Kong, Jakarta, Paris, and Warsaw, Dubai's real estate market is noted for its upward trajectory, according to JLL’s Global Real Estate Perspective. Dubai's real estate sector has consistently outperformed its international counterparts in capital appreciation...

What are my rights if area of property I agreed to buy is altered?

Legal Expert Discusses the Scope of Property Purchase Agreements in the UAE Question: Two years ago, I bought a property from an off-plan developer in Dubai and paid around 60 percent of the property's value. Under the law, what are the reasons that would allow me to request a cancellation of the property purchase agreement? Is a change in the property's area sufficient for this? Answer: According to...

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