While construction delays can be frustrating they can sometimes benefit off plan investors by extending the time they hold the asset before final payment. This allows the market more time t…
While post handover payment plans were common in the past to stimulate demand they are becoming increasingly rare for premium townhouse launches like Damac Islands due to high market demand…
The layout analysis reveals that Damac has optimized their townhouse designs to be highly practical for families. With a built up area of around 2200 square feet for a 4 bedroom unit they o…
District cooling is a centralized cooling system used in many modern communities in Dubai to provide air conditioning. Instead of individual AC compressors units are supplied with chilled w…
The 4 bedroom townhouses in Damac Islands typically feature a built up area or BUA of approximately 2200 square feet. This size is optimized to provide comfortable family living without exc…
The Land Department provides specialized valuation services for agricultural land. The official fee for this service is AED 6,000. This valuation is critical for owners and investors to und…
The DLD may remove an entry from the Real Property registry folio once a project is completed and units are registered in the names of purchasers. Alternatively, an entry can be removed if…
To obtain a land map combined with a field survey, the Land Department charges a fee of AED 600. If the survey is for a villa or a single Real Property Unit, the fee is AED 3,000. For large…
Landlords and tenants can agree in their lease contract or a subsequent agreement to refer disputes to arbitration. While the arbitration process is ongoing, neither party is allowed to tak…
A developer who disagrees with a cancellation decision by RERA has the right to submit a written grievance. This grievance must be submitted within seven (7) working days of being notified…
For the purposes of applying termination rules, "Implementation" is legally defined as the developer taking possession of the construction site. Furthermore, it requires the commencement of…
Capital preservation involves protecting the absolute value of your investment preventing loss. Dubai real estate offers strong capital preservation due to its peg to the US dollar which el…