UAE, Indian nationals top investor list, DLD says
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But in terms of adding new projects and supply, emirate is moving with extreme caution
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Operators have complained to DTCM, saying developers cannot change rules
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Property owners are cashing in on Airbnb-style rentals - but landlords must ensure they have a permit from the authorities
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Properties worth a total of $3.9 billion purchased through June, July and August - 33% increase on 2018
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More than a third of Dubai’s population is aged between 22 and 36, and the vast majority are expats looking for high-quality accommodation close to work and leisure facilities.
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Private developers’ share of new releases this year has dropped significantly
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The new programme will provide houses for Dhs120 per day without any additional terms or fees.
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All operators and individual owners must have a valid permit for practising the activity before marketing on online booking platforms.
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MAG now has projects where the buyer can take up to 20 years to pay off
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MAG now has projects where buyer can take up to 20 years to pay off
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They are making a case with DTCM as licensing authority to intervene ahead of peak season
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