Skyline of Downtown Dubai with Burj Khalifa from a Helicopter. 27 May 2015. Author Tim Reckmann.

Investing in Dubai’s Real Estate. A real estate brokerage firm achieved an AED 175-million sales mark for property projects in Dubai.

October 6, 2018 UAE Business 0

Al Basel Real Estate Brokers, a part of the Al Basel Group of Companies, achieved an AED 175-million sales mark for property developer Deyaar’s The Atria, Mont Rose, and Central Park projects in Dubai. Boasting robust partnerships with renowned property firms in Saudi Arabia and Abu Dhabi, the company owed its latest positive performance recorded from January 2016 up to July 2018 to the robust appetite of local, regional, and global investors for luxury, high-end real estate developments in the emirate. Read more

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New retirement law will promote property transactions in 2019

September 20, 2018 UAE Business 0

The UAE Cabinet announced on Sunday that upon retirement, expatriates over the age of 55 will be granted a five-year retirement visa if they meet a set of clauses which include either having properties worth at least AED 2M, a minimum of AED 1M in savings or an active income of more than AED 20k per month. The law is said to come into effect starting next year. Read more