New and need to know if you are renting

It is mandatory in Dubai, for all tenants to register their rent contracts with Dubai Land Department’s Ejari system. Cancellation of rental contract on Ejari is Dh 40/- The registration costs  AED 195/-, with the cost being paid by the tenant in most cases. But, it is also mandatory...

5 ways UAE residents benefit from BREXIT

Before BREXIT the UAE Dirham was AED 5.5 to 1 GBP British Pound! The last time we saw such volatilaty with the Pound was in 1992, and some like George Soros managed to pocket a cool billion dollars by heavily shorting the British Pound, forcing the Bank of England to withdraw from the European Exchange...

UAE extends property investor visa to 3 years

The UAE federal government has extended visa for real estate investors from six months to three years. This decision was taken by the Federal Cabinet on Tuesday in a meeting in Abu Dhabi. "The government took a raft of measures as part of its efforts to underpin economic growth within its...