Category: Dubai Lifestyle
Understanding Security Deposit Deductions in Dubai: A Guide for Tenants
In Dubai, the question arises: Can a real estate company deduct money from a tenant’s security deposit? Let’s explore this issue within the framework of Law No. 26 of 2007, governing landlord-tenant relationships in the Emirate of Dubai.
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Dubai Tenancy Fees: Understanding Service Charges and RERA Registration
In Dubai, tenant financial responsibilities, governed by Laws No. (26) of 2007 and No. (6) of 2019, involve service charges and RERA registration fees. Learn about these fees, tenant rights, and negotiation options.
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Smart Property Purchase: 5 Key Factors for Dubai Buyers
Buying a home is a significant decision impacting our lives and investments. In dynamic cities like Dubai, it becomes even more crucial due to evolving market conditions. Explore these considerations for a well-informed property investment:
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Decoding Dubai: Navigating Service Charges for Your Property
Are you considering buying a home in Dubai? Before you make a decision, it’s crucial to understand the ins and outs of Dubai’s service charges. This blog breaks down everything you need to know, whether you’re a first-time buyer or an experienced investor.
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Sustainable housing is gaining popularity in Dubai.
Dubai’s post-COP28 transformation accelerates, focusing on eco-friendly buildings. Anticipated housing surge, with a 5% price increase in 2024 and a 15% market expansion. The real estate boom, driven by a 16% luxury property price rise, aligns with sustainability. Developers incorporate green features, and projects emphasize outdoor spaces.
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Cristiano Ronaldo Invests Millions in Luxurious Mansion on ‘Billionaires Island’ in Dubai
Cristiano Ronaldo acquires a lavish mansion on ‘Billionaires Island’ in Dubai, reflecting his $136 million net worth. Renowned for extravagant gestures, he surprised his mother with a Porsche and gifted a $40,000 Rolex at a recent event.
Details about the mega-mansion’s cost remain undisclosed, but rumors suggest it’s in the tens of millions of euros. Comparable mansions on Billionaires Island offer opulent amenities.
Dubai’s Extravagant Vegas-Inspired Island
Dubai is about to witness the emergence of a grand spectacle: The Island. A sprawling expanse off the coast of Jumeirah, this ambitious project draws inspiration from the vibrant energy of Las Vegas, featuring renowned hotels such as MGM, Bellagio, and Aria. It’s all set to redefine luxury and entertainment in the region.
Quiet Beginnings and Recent Developments
First revealed in 2017, The Island’s progress remained relatively muted, nestled near the iconic Burj Al Arab. However, recent developments have reignited excitement. Wasl, the visionary behind the project, finalized a monumental construction deal. The China State Construction Engineering Corporation has been entrusted with bringing The Island to life, sealing a colossal deal valued at USD 1.2 billion (Dhs4.4 billion), marking Dubai’s most significant construction contract since 2017.