2024

‘How can I challenge an eviction notice I didn’t receive?’

Should it not be conveyed via a notary public or registered mail, the tenant has the right to dispute its legitimacy at the Rental Dispute Settlement Committee. Question: I received a notice to renew my tenancy, but the landlord did not respond. Instead, three weeks later, my company informed me that an eviction notice with my name had been registered with Dubai Courts. A text message with a link to...

Up to 200% return: Dubai property turning sellers’ market as investors take advantage of 3-year price rally

Last year, property prices surpassed the 2014 peak, experiencing a surge in demand unprecedented in the post-pandemic period, leading to multiple increases. Dubai's residential market is transforming into a seller's market as property prices have surged over the past three years, prompting some investors to capitalize on the gains. Observers in the industry note that the momentum in the property price...

Mohamed Alabbar’s Eagle Hills announces $4bn Bahrain real estate project

Eagle Hills, based in the UAE, reveals a real estate collaboration with Edamah in Bahrain. Eagle Hills International, the real estate developer based in Abu Dhabi, has revealed the formalization of a joint cooperation agreement to create "Binaa Al-Bahrain," a new company dedicated to real estate development. This $4 billion agreement signifies a key alliance between the private sectors of Bahrain and...

Property Finder hires Silicon Valley veteran and fintech expert as it looks to boost real estate sales with senior hires

Himanshu Niranjani and Vladimir Malugin have been appointed to senior positions in the real estate sector at Property Finder. Himanshu Niranjani has been named Chief Technology Officer, and Vladimir Malugin has been appointed as UAE Country Manager by Property Finder as part of its strategy to sustain growth in the Dubai real estate sector. In response to the evolving role of proptech in real estate,...

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