The above statistics demonstrate the prominent space occupied by the real estate sector in the Dubai economy. There is a huge demand for investments in completed properties as well as off-plan units and real estate agents are usually responsible for bringing the buyer and seller together. This article...

More importantly, with Q2 2016 data tracking showing a 16% y-o-y increase in outbound traveling from China, those jetting overseas from the 750 million mentioned above are expected to surpass the record of 4 million Chinese who traveled abroad during last year’s National Day Golden Week. After...

Real estate agents in Dubai have been instructed to verify property ownership before conducting a sale or letting, Dubai Land Department (DLD) said on Sunday. The department revealed it had issued a circular to all real estate brokers operating in Dubai informing them of the new requirements. Under...

Chinese visitors to the UAE will now be granted visas on arrival, the Cabinet announced on Sunday. China, the world’s second-largest economy, has a burgeoning and increasingly prosperous middle class that is travelling abroad in numbers greater than ever before. “We have approved a...

Dubai Land Department (DLD), and the UAE Central Bank have signed an agreement that allows for freezing of the bank account of a tenant if his/her rent cheques bounce, Emirates 24|7  “After the judgment is passed by the RDC, it will be informed to the Central Bank, which will pass the...