Following three days of fruitful sessions, the Real Estate Future Forum 2024 came to an end on Wednesday. The event saw the signing of more than 50 agreements and memoranda of understanding (MoUs) totaling more than SAR 100 billion. New developments, major issues, developing trends, and viable financing options for the real estate sector were the main topics of discussion at the forum. Read this also...

If an off-plan property is not handed over on time, investors in Dubai possess certain rights safeguarded by Law No (8) of 2007 Concerning Escrow Accounts for Real Estate Property Development. It is imperative for potential buyers to conduct comprehensive due diligence before signing any off-plan sale and purchase agreement. Here are key steps to ensure informed decisions: Read this also : Dubai’s...

Dubai stands at the forefront of inclusive tourism, offering special privileges to tourists with special needs, also known as people of determination (PoD). For a duration of up to three months, PoD tourists can benefit from complimentary public parking and avail themselves of a 50% discount on taxi fares, making their stay in the city more accessible and enjoyable. Read this also : Unveiling a New...

In an exciting collaboration, Mercedes-Benz and Binghatti Properties have unveiled their latest venture – the Mercedes-Benz Places | Binghatti luxury branded residence project at the iconic Meydan Hotel in Dubai. This exceptional development marks a fusion of automotive excellence and architectural brilliance, promising a unique living experience for residents and guests. Read this also : UAE Removes...

In a thrilling encounter at the San Mamés Stadium, Athletic Bilbao pulled off a remarkable victory, eliminating Barcelona from the King's Cup with a resounding 4-2 win in the quarterfinals. The match, held on Thursday, witnessed an outstanding performance from Bilbao, securing their spot in the semi-finals of the prestigious Spanish tournament. Read this also : UAE Removes Minimum Down Payment...

In a significant move, the UAE has abolished the Dh1 million ($272,294) minimum down payment previously mandatory for individuals seeking golden visas through real estate investments. The decision aims to attract more citizens and investors to establish long-term residences in the nation, signaling a shift from previous regulations. Read this also : Surge in Saudi Employment in Real Estate: Localization...

The real estate sector in Saudi Arabia has witnessed a remarkable surge in local employment, with over 26,000 Saudi nationals currently engaged in the industry. This substantial increase, more than doubling the workforce from 12,000 in July 2021, is a direct outcome of the government's strategic focus on industry localization. The announcement of this initiative came from the Minister of Human Resources...

Are you planning to embark on a journey with your newborn in the UAE? As parents, it's natural to have questions about the rules and guidelines for traveling with infants on major UAE-based airlines such as Etihad, Emirates, flydubai, and Air Arabia. This comprehensive guide outlines the specific requirements and services provided for parents traveling with newborns. Read this also : Understanding...

Parking in the UAE, especially in cities like Dubai, Abu Dhabi, Sharjah, and Ajman, demands prompt attention to avoid fines. Unlike parking ticket renewals, which lack a grace period, understanding the nuances of grace periods for parking fees can save motorists from penalties. Read this also : Understanding Tenant Rights: Security Deposit Deductions in Dubai Real Estate Renewing Parking Tickets: A...

Navigating the complexities of tenant-landlord relationships, particularly concerning security deposit deductions, requires a thorough understanding of Dubai's real estate regulations. This article delves into the legal framework and processes associated with the deduction of money from a tenant's security deposit in the Emirate of Dubai. Read this also : Dubai Real Estate Surges: AED3.4 Billion...