The Dubai real estate industry has integrated Ejari, a new online registration system, with the Central Bank's direct debit system, allowing landlords to deduct rent automatically from tenants' accounts rather than using post-dated checks. Both the landlord and tenant will agree on the payment method, which will be monthly, quarterly, or semi-annual, and it will be included in the lease agreement. HP...
Dubai's real estate market has been rapidly expanding, and it shows no signs of slowing down anytime soon. Viewz, Danube Properties' largest project to date, is a pair of twin high-rise towers that will offer apartments and Sky Villas once completed. This project's development cost is estimated to be more than Dh1.4 billion. Viewz will feature Aston Martin-furnished interior common areas and amenities,...
Dubai's real estate market experienced a significant increase in growth in 2022, with an increase of 51% in transaction volumes and a 55% increase in the value of transactions between January and November, as reported by JLL's 2022 Year in Review. This growth was largely due to an increase in foreign buyer demand. Dubai delivered a total of 38,000 residential units, bringing the total housing supply to...
