New Abu Dhabi grievances committee to have positive impact

Gulf News, 18 May, 2019

Dubai: Nasser Bin Thani Al Hamli, Minister of Human Resources and Emiratisation, on Saturday said the decision of the Executive Committee of the Abu Dhabi Executive Council to set up the Complaints and Grievances …

Dubai puts the shine back on its oldest neighbourhoods

Dubai: Dubai is not just building new … some of the city’s oldest districts are now being given more than a fresh coat of paint.

Starting with the area around Jumeirah Beach Hotel and Madinat Jumeirah, Dubai’s re-development now stretches …

Dubai’s house prices down 13.2% in April

Zawya, 17 May, 2019

The average annual house price in Dubai decreased by 13.2 per cent in April, with some communities registering even higher price declines, according to Property Monitor, a UAE-based real estate intelligence platform from leading property …

UAE launches six-month multiple-entry visa

Khaleej Times, 16 May, 2019

The UAE has introduced a six-month multiple-entry interim visa for non-UAE residents seeking long-term investment visa in the country.Those eligible for the long-term visa and currently residing in the UAE can transfer their existing …

Buying property in Dubai: is a distress deal a good deal?

Gulf News, 14 May, 2019

Assets often become distressed because of the operational and financial difficulties faced by the owner or issuer of the assets, which may result in insolvency or bankruptcy. Such situations create opportunities for distressed sales, offering …

Dubai’s tenants are upsizing to bigger flats

Gulf News, 13 May, 2019

Dubai: Renting a spacious apartment or having a place to oneself used to be a luxury for a huge proportion of consumers in the UAE. More than ten years ago, a one-bedroom flat even …

Saudi Arabia approves plan for Green Card-style system

Arabian Business, 13 May, 2019

The Consultative Assembly of Saudi Arabia has approved a draft law regulating the issuance of residence permits for highly-skilled and wealthy foreign nationals without the need for a sponsor.

In a move to attract foreign investors …