Landlords

Currently in Abu Dhabi and in large parts of Dubai the Owners Associations are not run by the owners. They are run by the Developers. This has created such amazing stories as the developer selling property on the basis of a private beach, then making it public and charging, of them stopping Airbnb type arrangements except through the developer, of forcing owners to use the developer’s real estate...

Earth Day is on its way and “sustainability” is an excellent buzzword in the world, but what does it mean in Real Estate, and how can you fill up your car for free? Aldar even recently launched “Sustainable City” in Yas Island to much fanfare, and it sold exceptionally well off the back of its many sustainable features. And sustainability should be close to the front of our minds here in Abu...

Offer is available to both residents and non-residents The Abu Dhabi Islamic Bank (ADIB) has announced the launch of its first-ever plot financing offering. The scheme enables customers to purchase a piece of land for purpose of investment or to fulfill their homeownership goals. The offer, available to both residents and non-residents, allows buyers to purchase property or make plot handover...

The question is always asked: why would you waste your money getting a property valuation? There is no need, it’s not worth the paper it is written on. Let’s examine what property valuation means and why you should consult a real estate company for your property valuation. An official property valuation is generally conducted on a request by a buyer’s bank when they’re looking to buy a...

Article 20(3) of the 2006 Tenancy Law States that “In the event that either party does not wish to renew the lease, or wishes to amend the conditions of the lease, that party shall notify the other party in writing two months prior to the date of the lease’s expiry, for residential property”. The notice period for commercial is two months. So, it should be noted that leases in Abu Dhabi are...

Article 20(3) of the 2006 Tenancy Law States that “In the event that either party does not wish to renew the lease, or wishes to amend the conditions of the lease, that party shall notify the other party in writing two months prior to the date of the lease’s expiry, for residential property”. The notice period for commercial is two months. So, it should be noted that leases in Abu Dhabi are...

Your “home country” Will does not cover your Abu Dhabi property. Abu Dhabi property was specifically excluded by Federal Decree number 29 and 30 of 2020 from the new laws on recognition of “foreign” wills. So how can you stop UAE law applying to the inheritance of your UAE home? The answer is simple, get your “home country” Will registered by the Abu Dhabi Courts. In 2018, the Abu Dhabi...

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This is a very neat trick for property sellers. If you are a genuine seller, to find out where the market is and you want to sell your unit you are going to contact your broker. You are going to have a communication with the broker about the value of your property. Then you will be unhappy with the broker’s valuation. You will think that your property is worth more, that is an absolutely natural...