Dubai South is the development currently under construction in Dubai, United Arab Emirates. It will be an economic zone to support a number of activities including logistics, aviation, commercial, exhibition, humanitarian, residential and other related businesses around Al Maktoum International Airport with the planned annual capacity of 12 million tonnes of cargo and 160 million passengers. The construction area […]
Build an asset or live comfortably? This is a burning question many residents ask as Dubai’s real estate sector continues to open opportunities for a broader cross-section of the population. For a growing number of young professionals coming to live and work in Dubai, the answer seems to be a no-brainer as small-ticket units are […]
Dubai Creek Tower is the observation tower located in Dubai, United Arab Emirates. The developer EMAAR officially talks about a height of only 828m+ but it can be anticipated that – should the tower in Jeddah be completed before – the Creek Tower will bring the title of the World’s tallest building home to Dubai. […]
Dubai Investments has reported a profit of Dh151 million for the second quarter of 2019, an increase of 17 per cent when compared to the same period last year. Profit for the first six months of the year was Dh353 million as compared to Dh491 million in the previous year. These included gains on M&A […]
Thousands of foreign investors and residents have been identified for a “golden card” permanent residency scheme, Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, announced on Tuesday. Sheikh Mohammed said the current investments of the 6,800 selected investors and residents are worth an estimated Dh100 billion. The new permanent visa will generate foreign […]
Getting a Power of Attorney (POA) notarized can be a daunting process if the procedures are not known or are not followed correctly. Here is a step-by-step process for anyone that wants to get a POA notarized so that it can be used for legal, banking and governmental transaction: Getting the Draft Ready: If you […]
Government of Dubai Decree No. 43 of 2013 On Determining the Increase in the Real-Estate Rentals in the Emirate of Dubai We, Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, Having reviewed the Law No. 9 of 2004 Concerning Dubai International Financial Center, as amended; The Law No. 16 of 2007 on Establishing […]