What is the Currency Used in Dubai?
The currency used in Dubai is the United Arab Emirates dirham (AED). It is commonly referred to as the "Emirati dirham" and is abbreviated as "Dhs" or "AED". The dirham is divided into 100 smaller…
إجابات عن أسئلتكم حول عقارات دبي
الأسئلة التي يتلقاها وسطاءنا كل أسبوع، يجيب عنها الشخص الذي يتعامل معها مباشرة. ولكل سؤال صفحة مستقلة، لتتمكن من إرسال الإجابة إلى أي شخص بدلاً من أن تطلب منه البحث عنها.
Can unmarried couples live together in Dubai?
For many years in Dubai, unmarried couples were prohibited from living under the same roof. In 2020, however, the law changed, and living as a couple in Dubai is now possible if you adopt the proper…
If something breaks in the property during my tenancy, who pays for repairs?
It is conditional on the cause. There will be a clause in your contract that says the landlord is responsible for maintenance exceeding AED 500 for general wear and tear. However, if there is any…
What is security cheque?
A security cheque is a guarantee required by any bank in the United Arab Emirates when issuing any type of loan (including credit card, personal or car loan or mortgage). The bank requires you to…
Why do banks need security cheque when handling mortgages?
Banks in the United Arab Emirates require security cheque because they are used in cases where the borrower fails to repay the mortgage. In this case, the bank will present the cheque, and if the…
What is the difference between flat rate and reduced rate?
Flat interest rate and discount rate are two methods for calculating mortgage interest rates. If the interest rate to be paid remains the same for the duration of the loan, the uniform interest rate…
What happens if a landlord wrongfully evicts a tenant?
Tenants have the right to claim compensation from their landlord if they were evicted from the property because the landlord desires to sell the property or use it for personal purposes, including…
Is moving to Dubai worth it?
Dubai offers a diverse and exceptional lifestyle. If you compare the minimum living standard or lifestyle of this place, you will find it is always improving and at a higher rate compared to other…
What can I do if my tenant doesn't pay rent in Dubai?
If the tenant fails to pay the rent, or part thereof, within 30 days from the date of serving a written notice by the landlord to him to that effect; unless all concerned parties have agreed…
Is real estate a good career in Dubai?
With agents and brokers handling millions of transactions, architects constructing world-famous structures, and developers cranking out project after project, real estate is one of the most lucrative…
Most expensive properties in Dubai
Atlantis The Royal Triplex Penthouse - AED 180 million Umm Suqeim Villa - AED 140 million Emirates Hills Villa - AED 125 million A Duplex Penthouse in IL Primo Downtown Dubai - AED 120 million…
What is Meraas Dubai?
Meraas is a Dubai-based private holding corporation with operations and assets in the United Arab Emirates. Meraas is set to become a Dubai Holding subsidiary. The Dubai-based company has launched…
Can Dubai Property Visa be applied on a mortgaged property?
You are eligible for property visa against your Dubai property as long as the purchase value is AED 1M or above and you have paid off 50% mortgage.
Can the family members sponsored by me get a driving license in Dubai?
Yes, in UAE, your sponsored members of the family will get a driving license. However, because they are under your responsibility, they will need a NOC from you.
What are the procedures that must be made to ratify a power of attorney issued from outside the UAE?
Any power of attorney issued outside the UAE must be formally ratified to be accepted for completing the actions or transactions at the DLD, through ratifying the same by the notary public and the…
Does the insurance mortgage include the real estate attachments and buildings built on the land?
The mortgage includes the annexes of the real estate or the real estate unit mortgaged including the buildings, plants and allocated real estate and all the developments following entering into the…
Is there a certain age required to own or dispose of a real estate in the Emirate of Dubai?
The law does not require any age to own a real estate in the Emirate of Dubai. However, in case a person is desirous to sell, donate or mortgage a real estate owned by a minor, in a whole or in part,…
Can the power of attorney be used for the purposes of buying and selling real estate in Dubai?
The legal proxy may, under a duly legalized and regulated power of attorney, dispose of the client's real estates within the limits of the power of attorney granted to it as stated in the power of…
Who is entitled to own a real estate in the emirate of Dubai?
The right to own a real estate in the Emirate of Dubai under the Real Estate Registration Law is as follows: Ownership by the UAE citizens and GCC citizens for their wholly share owned companies and…
From where is the land title deed issued in the emirate of Dubai?
A title deed of real estates owned in the Emirate of Dubai is issued at the DLD and the Real Estate Services Trustees.
What are the maps approved by the DLD?
The registration of land plots and real estate units in the Emirate of Dubai is based on the following three main map categories: The main topographic map Land unit map Land area map
What are the non-freehold areas in Dubai?
Even though in the last few years, the government has allocated some projects within a few non-freehold areas as freeholds, these areas are, in general, considered as non-freehold. Abu Hail Al Awir…
Can real estates be sold at auctions?
Yes, the real estates can be sold or presented in the auction with the approval of the landlords or their legal proxies under a valid and duly certified power of attorney (its issuance date shall not…
What is the body responsible for receiving an application for acquiring a land plot?
Depending on the type of the real estate required and the categories of applicants, applications are received as follows: - To apply for residential land (for UEA citizens only), the application is…
لم تجد سؤالك هنا؟
اسأل الوسيط العقاري الذي سيتولى الأمر. ستحصل على الإجابة نفسها التي كنت ستحصل عليها في اجتماع، ولكن من دون الحاجة إلى عقده.