Buying an off-plan property in Dubai allows purchasers to secure a home or investment before construction is completed, often through a payment plan spread across several instalments. However, missing a payment can raise serious questions about the buyer's rights, the developer's authority and the money already paid. Can a developer cancel an off-plan property contract in Dubai simply because a buyer...
Significant capital inflow kept the luxury segment of the residential property market of Dubai attractive throughout the first eight months of 2026 as 335 units priced at $10 million (about AED 36.7 million) or more were sold between January and August. According to an analysis conducted by fäm Properties based on Dubai Land Department data and published on September 27, these transactions included...
UAE Interest Rate Rises to 3.9%: Home buyers in Dubai have a new factor to consider when purchasing real estate through a mortgage or other means. Central Bank of the UAE (CBUAE) has increased the Base Rate by 25 basis points to 3.90% following the latest interest-rate decision of the U.S. Federal Reserve. The rate change will specifically be important for buyers planning to purchase homes via a...
Dubai is going to create a special rental index for shared housing units as part of a broad new legislation that will finally regulate the shared accommodation market segment in Dubai, currently one of the cheapest yet most unregulated markets in the emirate. The Dubai Land Department (DLD) will be responsible for developing and periodically updating the index, as stated in the Practical Guidance...
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