Mazhar is a high-profile banker in Dubai, with very little time. He is being transferred from Dubai to London and now has to wrap up everything in Dubai. Mazhar did not incorporate an Early Termination / Lease Break Clause in in his Contract. Law 26. of 2007 by RERA, regulating the connection between landlords and tenants doesn’t provide a section for early contract termination but rather...
Mazhar owns a Two Bedroom apartment in Dubai Marina and wants to Gift the apartment to his Son and Daughter. Mazhar is not sure what is the process of Gifting and the related Fees for Gifting of the Apartment. Well, Mazhar is not alone in not knowing the process. Eligibility for Gifting Property in UAE Gifting can only be done to First Degree of Relatives. I.e. Children or Parents / Husband / Wife....
Over the last few decades Dubai has successfully managed to diversify its economy from oil to tourism, technology, business...
There are two types of investors. Short-term, and Long-term. Short-term investors primarily aim to gain from market movement, whereas...
One of the common questions asked even in casual discussions about buying property in UAE is whether the owner will also be entitled to the country's...
Expats often leave UAE to return to their home country, or to move to greener pastures. What should they do about their unsettled mortgages? In the past, many expats left UAE without formally settling their financial obligations, resulting in millions upon millions of losses to the banks. Naturally, this lead to more stringent laws and practices coming into force. One such practice, is that when the...
The Habtoor city is brimming with an exciting array of restaurants and eateries. This complete guide of restaurants in Al Habtoor City...
In a very exciting development, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai has launched the region’s first Virtual Company...
Mina Rashid is one of Dubai’s historic sites, and a lovely one at that. While its located on Bur Dubai side, but it practically stretches into Deira. Dh25 billion plan has been announced to transform this massive seafront area....
According to this report by The National the new imagery indicates that residents are expected to move into the Creek Harbour...
