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Property Owners must clear all Service Fees due to Rent or Sell
Dubai Property Owners must clear all Service Fees due to Rent or Sell their property.
Dubai Property sees V-shaped Rebound
Property transactions in Dubai recorded a strong rebound in the third quarter compared to the previous quarter.
Jointly Owned Property. Who Has The Final Say?
There has been a lot of recent discussion about the management of buildings and developments in Dubai and paying service charges during times when the common facilities in jointly owned property developments were closed due to social distancing rules. Homeowners are now taking a look at management operations of their building developments and how they can get involved in their community.
Can Service Charges Be Reduced?
Service charges are the only rates that have remained intact through the property market downturn and the subsequent COVID-19 hit on income and activity. Now, property investors want some changes to services charges to reflect market realities.
Pandemic spurs Demand for Spacious Homes
The pandemic outbreak and the ensuing lockdown have started to influence lifestyle changes and real estate preferences, with buyers increasingly looking for spacious apartments or detached houses with gardens.
DLD Complaints Procedure for Managing Jointly Owned Properties
The management company must be contacted first before submitting a complaint to RERA
Dubai's new service linking Property Owners with Brokers
The Dubai Land Department introduced a new service that links real estate owners with brokers to help them sell or rent their property, with the aim of improving communication, reducing complaints and boosting transactions.
District cooling provider extends 3-month cost relief for Tenants
Dubai district cooling provider Emicool extends 3-month cost-relief for tenants. Other such service providers could also join in offering much needed savings.
Dubai property transactions back at pre-Covid levels
Property transaction levels in Dubai in June hit what was previously recorded in February, setting a foundation for recovery of the local property sector for the second-half of 2020.