2020

When you initially signed your mortgage contract in Dubai, you have been advised by your banker to run the numbers and make sure you aren't falling behind payments. But what if your circumstances have changed? No one had envisioned a force majeure situation as coronavirus pandemic. Most people don't like to think about losing their jobs and reduced income risks. Unfortunately, these days some people can...

The Dubai International Financial Centre (DIFC) Courts has injected fresh digital systems for the registration of wills. A joint initiative of the Government of Dubai and the DIFC Courts, the Wills Service has now re-engineered its digital service offering in light of the current pandemic and the government’s nationwide initiative to Stay Home and curb the spread of the virus, said a statement. With...

To find out more about the options to buy new construction home in Dubai, please email to gergana.mineva@engelvoelkers.com

Apartment prices in Dubai declined 12% over the 12-month period from Q1 2019 to Q1 2020 whilst villa/townhouse prices were lower by 4% Average sales prices declined in Abu Dhabi’s major residential zones by 13.2% for apartments and 9.5% for villas/townhouses The Northern Emirates market stabilised slightly but continued to register low rents and rates Cavendish Maxwell, a leading chartered...