Dubai Property Prices Q3 2016

Dubai Property Prices Q3 2016 Average residential sales rates for Dubai Property Prices Q3 2016 were broadly stable, recording no change compared with the previous quarter, despite a significant slowdown in the number of transactions, down by 22% compared with Q2 2016 (Reidin). Rates appeared to have stagnated in the…

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Reclaiming Dubai Property Deposits

Reclaiming Dubai Property Deposits

Reclaiming Dubai Property Deposits On the back of recent revelations on the ability to apply for a Spanish property deposit refund, we’ve had a slew of queries with reference to reclaiming Dubai property deposits. Unfortunately, the legislation enabling investors in Spanish property who did not have properties built to reclaim their…

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Abandoned Dubai Property Projects

Abandoned Dubai Property Projects

Abandoned Dubai Property Projects If you invested in a property in Dubai back in the mid-noughties you were not alone. It attracted a lot of foreign property investors and speculators after opening its markets to overseas buyers in 2002. Unfortnuately, the global economic crisis, which spread to Dubai in 2008,…

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Revived Dubai Building Projects

Revived Dubai Building Projects

Revived Dubai Building Projects If you invested in a property in Dubai in the mid-noughties you’re not alone. Thousands of foreigners took the Emirate’s invitation to partake in its unique real estate initiatives after it allowed access to overseas owners in 2002. With the economic crash of the late noughties,…

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Emirate Tower Fires spark Safety Fears

Emirate Tower Fires spark Safety Fears The most recent in a list of Emirate Tower Fires spark Safety Fears for Emirate apartment tower blocks. Residents have been evacuated after a major fire engulfed a high-rise tower in Ajman, the latest in a series of skyscraper blazes in the United Arab Emirates.…

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Profile Residence Stage Payment Demand Letter

Profile Residence Stage Payment Demand Letter

Profile Residence Stage Payment Demand Letter If you have received a Profile Residence stage payment demand letter from Innovation SEZ Developers in Dubai, giving 30 days notice to pay, then this post will be of interest to you (see letter examples at the bottom of this post). Profile Residence in Dubai Sports…

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Bermuda Views Capital Call Notice

Bermuda Views Capital Call Notice

Bermuda Views Capital Call Notice If you have received a Bermuda Views Capital Call Notice from developer Innovation SEZ Developers then you should read this post. This is essentially a demand notice from Bermuda Views’ developer and, for many owners, it has largely come out of the blue. The development…

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Innovation Demand Letter

Innovation SEZ Eagle Heights Dubai

Innovation Demand Letter If you have purchased a property in one of the projects taken over by Innovation SEZ Developers you will likely have been in receipt of an Innovation Demand Letter or as they have described it a ‘Capital Call Notice’. It appears quite a few of these were…

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Jewel of the Creek Completion

Jewel of the Creek Completion Jewel of the Creek completion is estimated to be in late summer/autumn 2017. Early in 2016 the fiver towers in the first phase of the Jewel of the Creek development topped out. The project, when complete, will consist of 9 towers in total. Roda Hotels, which…

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Selling a Dubai Villa

Selling a Dubai Villa If you are interested in selling a Dubai villa then this post may be of interest. The market for Dubai property is a bit stagnant at the moment (the moment being 2016 – you can see a post on Dubai Property Prices 2016 here). This does…

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