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Showing posts with the label freehold property in Dubai

Is freehold right for you?

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Buying  real estate in UAE , particularly in Dubai, is an important and huge decision to make. It involves a lot of money and a fatal mistake can lead to many years of regret. For this reason, getting as much information as possible is crucial. Among the terms you might encounter as you dig deeper into Dubai’s real estate market is “freehold.” You might wonder what freehold means and whether it would be a good investment for you or not. Before you make any decision, here some advice. Understanding what freehold means would give you more ideas on how it will benefit you. What is a freehold? F reehold property in Dubai   is a property that is owned completely by the owner. If a property is a freehold property, it means that the owner owns both the building and land. Freehold property is different from a leasehold property primarily in terms of ownership. In a leasehold property, the land is leased for a fixed amount of time. In the UAE, the maximum amount of lease ...

Projects you can buy for 500k AED or less

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You want to find the right Dubai real estate , but you just have less than 500,000AED. Does this mean that all hope is gone for you? Do not despair as there are still a lot of options for you. While it is true that Dubai’s real estates are increasing in value, it does not mean that you cannot find affordable properties. With the r ight amount of research and patience, you can find properties which you can buy for 500,000 AED or less. In this post, you will be introduced to some of the right projects for you if you are on a tight budget. Lawnz, International City Lawnz is a project by Danube, one of the leading real estate companies in Dubai. The 1.1 million sq. ft. integrated and gated complex comes with a unique combination of residential, retail, and recreational facilities. These facilities include Gym/Health Club, Badminton and Basketball courts,  swimming pool as well as kid’s pool to name a few. There are four residential blocks to choose from and units include 1...

Dubai’s Prime Retail & Commercial Areas

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From being the major fishing and pearling centre in the 19 th century, Dubai has evolved into a leading business, travel and lifestyle hub in the MENA region. It continuously innovates and develops its local retail landscape for consumers who are looking for experiences that go beyond retail. Because of its strategic location, infrastructure, and business-friendly policies on taxation and regulations, Dubai real estate market forecast 2018 will see growth in its local retail landscape.  Check out these prime retail and commercial areas where you can set-up your business. Business Bay Ranked as the fifth must-see neighbourhood in the world by Lonely Planet in 2017, Business Bay is fast becoming a lifestyle destination featuring unique food concepts, from cafes to fine dining. This locale is now placed alongside London, New York City and Rio de Janeiro.  One of the projects that residents and tourists are looking forward to is the completion of Marasi Business Bay...

How Dubai real estate will benefit from Blockchain

If you have been surfing the Internet for the past couple of years, you probably have stumbled upon the word blockchain. It is the simplified term to refer to a digital ledger that records all transactions made with a particular cryptocurrency such as bitcoin or etherium. While a blockchain is popularly designed to transfer cryptocurrencies fast, cheap, and easy, it is now being used by Dubai properties . Before you can appreciate how blockchains can benefit Dubai’s real estate, you need to understand what blockchain is all about. Blockchain is known for its high security and transparency. Every time a cryptocurrency transaction happens, the transaction is recorded to all people’s ledger who are part of the blockchain. Thus, it is difficult to cheat the system. If a person wants to steal a digital coin, that person needs to hack not just one computer, but thousands or even millions of computers just by altering one singling information in the blockchain. Now, many people ha...

Dubai's Next Attractions

Dubai is among the world's top investment destinations because of its thriving economy and business opportunities. It seems that every year, there are more and more reasons why you should buy properties or houses for sale in Dubai . In this post, you will see some of Dubai's future attractions that will attract more tourists and boosts its economy. Museum of the Future Opening in 2019, the Museum of the Future is a dramatically beautiful and innovative place where futuristic technology and design are on display. The museum aims to be the world's go-to place to showcase technological advancements of tomorrow. Deira Island Developers envisioned Deira Island to be the best man-made island in the world. When the project will be completed, Deira Island would be an impressive waterfront entertainment hub for tourists and a residential zone for people looking to live in Dubai. Dubai Creek Harbour If you are investing in the high end real estate, then this community...

Home Insurance 101

UAE has been ranked number one country in the world with the least amount of crimes related to theft. That is why 98.6% of UAE residents feel secure and enjoy living here for years. For some expats who have considered UAE as their second home, it can be devastating to be left with nothing if an accident or natural calamity damages their property and valuable items. This is where a home insurance plays a vital role in a  Dubai Real Estate  property. Your house and all things in it could be the most expensive investment that you will ever have in your entire life and it is only logical to get it insured. In cases of theft, fire, flood, earthquake and other natural calamities, a homeowner’s insurance policy can cover your loss and damage on the following: Physical premises of your home Home contents – furniture, household goods and appliances Personal belongings – electronic devices, jewelry and other gadgets A home insurance is beneficial to owners of a  Freehold...

Finding a Commercial Property in Dubai

Dubai has become a central business hub for Asia, Africa, Europe and Asia. Just recently, top billionaire and financial expert Warren Buffet opened an office in Dubai International Financial Centre for his insurance company which proves that Dubai is attracting global conglomerates to set-up their business here. With continuous developments, futuristic perspective and business regulatory environments, the demand for commercial Dubai real estate continues to grow. Location is one of the factors for a company’s success on the financial and physical aspect, so finding the right commercial property for rent in Dubai  requires time and smart decisions. In Dubai, your license and business activities will dictate the areas where you should look for office spaces. Businesses with DED license or Limited Liability Companies cannot lease offices in Freezone areas and vice-versa. Most popular freezone areas are Jumeirah Lakes Towers, Silicon Oasis, Media City and Internet City. You ...