UAE is the provincial business center point in the Middle East with state-of-the-art foundation and a world-class nature’s turf, giving financial gurus an extraordinary and far reaching worth included stage for working together. With an exceptionally dynamic and blasting land market, property exchange is turning into a key centering.
The UAE property business is a guaranteeing one, a magnet for speculators who need to grow their portfolios and for individuals who long to move to a multicultural and lively nation.
Read about Abu Dhabi, Dubai, Sharjah, Ajman, Ras Al Khaimah, Umm Al Quwain, and Fujairah – the emirates that structure to make this one of a kind nation.
Abu Dhabi, the capital of the United Arab Emirates, is a city that has managed to stay rooted to it’s Arabian culture and heritage.
The city is found on a modern island; however there are remains of an older and more cultural society. Joined to the mainland by 2 bridges, Abu Dhabi comprises of luxurious hotels, never-ending shopping malls, extensive entertainment and leisure facilities, along beautiful green streets and parks.
Today, Abu Dhabi is home to a multicultural, modern and ambitious population. Towns have been transformed from mud-walled communities into commercial hubs that are increasingly integrating into the global economy, and reflect a modern, sophisticated approach to local residential and business accommodation.
Abu Dhabi real estate has created unprecedented investment opportunities and is poised for a coming decade of growth and development. Much of the real estate in Abu Dhabi has been focused around Abu Dhabi Island, with projects such as Al Reem Island, Al Raha Beach, Saadiyat and Lulu Islands garnering attention and investor interest. This has heightened real estate activity in the emirate with more and more people buying property in Abu Dhabi. Today, real estate in Abu Dhabi is entering a challenging yet likely beneficial phase of its development in the aftermath of the global economic slowdown.
Sharjah is known as ‘The City of Knowledge’; prestigious for its excellent and noteworthy engineering structures, mosques, and historical centers and unique Islamic composed souqs.
It houses the modern ranges for the locale, the business and land parts do help considerably towards Emirates economy.
Sharjah is the third biggest emirate of the United Arab Emirates and has the qualification of being the main emirate that has seaside verges on both the Arabian Gulf (to the west) and the Gulf of Oman (to the East). Due to its geological area, Sharjah is skilled with exceptionally different characteristic gimmicks going from lovely shores and islands to ripe farmlands and rich green desert gardens. One of these desert gardens, Al Dhaid, has bloomed into an undeniable city in its own particular right, and offers a much welcome regular asylum just 30 minutes drive from the Sharjah downtown area.
Sharjah has turned out to be a reasonable option to the occupants searching for less expensive investment properties. Rising as a profoundly guaranteeing business for property advancements, land in Sharjah has seen quickly expanding interest with flats, outfitted condo, and different tasks catching gigantic speculator interest.
Ajman is the most modest of the seven emirates and is midway spotted on the bank of the Arabian Gulf, reaching out over a separation of 16 Km, between Umm Al Quwain and Sharjah. Ajman is the ideal terminus to hit for an unwinding and calming knowledge.
Ajman, arranged on the Persian Gulf, controls both the two inland enclaves, Manama and Masfut. In 1980, the recorded populace of this little state is just 36,100. At the same time in the recent years, the number has impressively expanded as more individuals from its neighboring states relocate to this little state.
In the event that you are searching for the ideal spot to stay far from the urban life and basically wish to revel in the warm sunny shores and the friendliest locals, undoubtedly Ajman is simply the ideal spot. This little state is loaded with old and authentic milestones that are basically left untouched by the solid wildernesses.
UMM AL QUWAIN
Umm Al Quwain is offered with rich common magnificence. Lavish, waterfront mangroves, clearing sand hills and the inland desert spring all portray the Emirate laden with characteristic appeal.
The late wave of improvement undertakings that Umm al-Quwain has encountered has fundamentally changed the city into a ultra-current urban scene that is portrayed by towering structures, fine streets, and an abundance of vacation destinations that exploit the city’s impressive characteristic excellence. The unlimited extends of fine sand sunny shores that offer approach to sparkling sea waters make Umm al-Quwain a diamond of a goal for vacationers and long haul guests indistinguishable
Today, Abu Dhabi is home to a multicultural, present day and aggressive populace. Towns have been converted from mud-walled groups into business center points that are progressively incorporating into the worldwide economy, and reflect a current, advanced methodology to nearby private and business settlement.
Umm al-Quwain is just 30 minutes drive from Dubai and that fact–in expansion to the various lifestyle regale that the city provides–makes it a perfect decision for anybody searching for a private option to Dubai. RAK expects to pull in both nearby and universal land purchasers with lodging advancement and their extreme objective is to transform Khor Al Beidah into a Mediterranean style waterfront town where changeless occupants and visitor guests apparently equivalent can revel in all the luxuries that current urban living can get.
Ras al-Khaimah, which in Arabic signifies “the highest point of the tent”, is one of the seven emirates of the United Arab Emirates. It is a preferably arranged city, favored with shocking territory all around and unlimited kilometers of flawless shores.
Ras al-Khaimah has encountered a significant part of the same development that has as of late cleared crosswise over numerous different parts of the emirates, a development that is clear in the numerous private and business improvements that can now be seen everywhere throughout the city.
Bordering Oman, Ras Al Khaimah is a standout amongst the most characteristic wonderful spots in the UAE. On the off chance that you are searching for a loose section into the UAE, then RAK would be your perfect goal. Just a short drive from Dubai, Ras Al Khaimah is pulling in occupants and financial specialists searching for an option property venture area. As the second Emirate to offer freehold property, Ras Al Khaimah’s lofts, manors, and property improvements have made the Emirate an alluring recommendation for nearby and abroad investors.
Fujairah is the main Emirate of the U.A.E that is very nearly completely precipitous and is interesting in the way that it is the main Emirate that lies in the East, close by the Gulf of Oman.
Shores and pleasant climate conditions plan to present Fujairah as an outlandish area, ready for revelation by sightseers and business persons much the same.
Searching for a moderate spot to live in Fujairah might be a bit of a test, however it is surely conceivable. It is not on the grounds that property in the city is costly; unexpectedly, property costs in Fujairah are in general much less expensive than Dubai for instance, and the city has encountered next to no of the property-prompted swelling that has cleared over whatever remains of the nation. The motivation behind why private property is sort of rare in Fujairah is on the grounds that the city has decided to center its improvement endeavors on resorts rather than private property.
The emirate of Dubai – the old fishing center which was originally made up of two major geographical sections, namely Deira and Bur Dubai, is now a busy, thriving dynamic metropolis housing several renowned communities like Downtown Dubai, Palm Jumeirah, Dubai Marina and Arabian Ranches.
Many expatriates who have made Dubai their home get to enjoy the pleasant winter weather from the months of October to March, with the sweltering summer heat concentrated in the months of April to September.
For people looking to buy a Dubai vacation home, invest in property, or relocate to the emirate because of work or business, there are plenty of well-established communities worth considering before making a move to Dubai.
Located right at the heart of Dubai Festival City, Al Badia Residences features apartments and townhouse units set against a beautifully green backdrop of landscaped areas and trees. The community has the advantage of having its own golf club, and being located in a relatively quiet area with great access to the nearby mall having the one and only IKEA in the emirate. Two of the prominent schools located in the area are Deira International School and Universal American School.
Think hacienda, horseback riding, golfing and plenty of open spaces to enjoy, and you have the very popular Arabian Ranches – an established desert-themed development that has kept on growing since it was first launched way back in December 2002 on 1,650 acres of land. Located close to Global Village, the neighborhood houses one of Dubai’s premier English medium schools – Jumeirah English Speaking School, and a Raffles Nursery.
Without a doubt, Dubai Marina is one of the most popular addresses keenly sought after by expatriates living in the emirate. Considered one of the region’s largest waterfront communities, the vibrant neighborhood includes an eclectic mix of urban architectural styles as reflected in the various mixed-use towers, hotels, restaurants, and evening haunts. Home to the JBR building complex, Dubai Marina is also famous for its Marina Walk, Dubai Marina Mall, and The Beach and The Walk at JBR. Check out Sulafa Tower in Dubai Marina.
If you hear anything about The Lakes, The Springs, The Meadows, The Greens and Emirates Hills, all of these communities are part of the massive Emirates Living development. Located just off Dubai’s main thoroughfare Shaikh Zayed Road, Emirates Living enjoys an enviable location close to major business, leisure and shopping conveniences, and is popular for its beautiful golf courses and lifestyle amenities for wholesome family living. A number of reputable schools are located in the area like Emirates International School, Dubai British School, Dubai International Academy, Jebel Ali Nursery and Raffles International School.
When it comes to Green Community, you can choose between two locations: Dubai Investments Park and MotorCity. Both versions of the Green Community are known for being built on eco-friendly principles aside from actually being great places for raising a family. Unlike other communities that have focused on villa developments, both Green Community neighborhoods also feature great apartment-style living options.
Definitely among the oldest and most prominent Dubai neighborhoods that continue to hold an important place in the city, Jumeirah and Umm Suqueim are neighboring communities strategically located along Shaikh Zayed Road on the Arabian Gulf side. Safa Park, Burj Al Arab and Jumeirah Beach Hotel are located along this vast stretch, as well as the ever-popular Jumeirah Open Beach, clinics, hospitals and a number of prominent Dubai schools like Jumeirah Primary School, Raffles International School, Kings Dubai and Emirates International School, and several nurseries.
Considered by most to be the ultimate answer to the emirate’s need for low to medium-cost housing needs, Dubailand is one massive space of 3 billion square feet (278 sq.km.) dedicated for the construction of several sports, leisure and entertainment projects as well as a number of established and currently-being-built residential developments. Schools located in or close to Dubailand include GEMS Metropole (MotorCity) and GEMS FirstPoint School (The Villa), GEMS New Millennium School Al Khail, GEMS Wellington Academy (DSO), GEMS International School (Al Khail), Foremarke School Dubai (DuBiotech) and Victory Heights Primary School (DSC).
Already mentioned in the section on Green Community, MotorCity is one of the more successful and desirable residential communities in Dubailand housing both Green Community MotorCity and UPTOWN MotorCity, aside from Business Park MotorCity and the Dubai Autodrome. UPTOWN MotorCity was designed to resemble an old English spa town, and a quick glance at the area would tell you that a lot of Dubaites have indeed made it (and Green Community MC) their home.
Nestled in the Liwan section of Dubailand, Queue Point stands out in the remarkably-designed Liwan community inspired by the San Francisco neighborhood in the USA. Spread throughout the themed districts of The Suburb, Downtown, The Ridge and The Golden Gate District and Park comprising Liwan, Queue Point properties are distinctly build to echo the look of each section.
Located along Bypass Road, close to MotorCity and Arabian Ranches, Remraam is a popular Dubailand community featuring a mix of high-rise and low rise residential buildings. As a self-contained community, Remraam has everything needed by residents including convenience retail, children’s play areas, a community park and swimming pools, sports facilities, a community mosque, etc.
Skycourt Towers / Skycourts
One of the more prominent communities in the Dubailand Residence Complex, Skycourts comprises six towers housing apartments and commercial units. The award-winning community provides for all the comforts of daily living, with amenities like high-tech gyms, swimming pools, children’s play areas, men’s and ladies’ salons, convenience retail, and the like.
Part of the larger Dubai Sports City development, Victory Heights is one among a number of residential communities established in the grand DSC sports complex which also features sports academies, stadiums, a world-class golf course and an arena. Golfing enthusiasts will especially feel right at home in this community.
Considered one of the premier villa developments in Dubailand, this large Spanish-themed, self-contained villa community has been quite popular among residents in search of a home with a distinctively Mediterranean flavor. The Villa is located very close to Dubai International Academic City (DIAC) and Dubai Silicon Oasis (DSO). Check out our Andalusia Collection at The Villa.
Other notable ongoing and future developments in Dubailand include buildings like Ajmal Sarah Tower and Windsor Residence, and community projects like Sheikh Mohammad Bin Rashid City, Pacific Village, Palmarosa, City of Arabia, Dubai Lifestyle City and Living Legends.
Some of the other noteworthy and already established communities in Dubailand are Remraam, Skycourt Towers, Queue Point at Liwan, Al Waha Villas, Layan Community, Al Barari and Mudon.
The Dubai Land Department (DLD) was established in January 1960 to handle all matters of legalization for sale and purchase of land; and approve, organize and document real estate trading operations in Dubai. DLD provides more than 164 outstanding services to all its customers, to go beyond just providing registration and titling, but rather to provide a fully integrated experience for customers. The department is also active in the development of the necessary legislation to propel the real estate sector in Dubai, along with organizing and promoting real estate investment, as well as the distribution of knowledge in real estate.
DLD seeks to become a beacon for real estate in the region with developments that will elevate the real estate sector with aid from active departments that include Real Estate Regulatory Agency, also known as RERA (the regulatory arm); Real Estate Investment Management & Promotion Center (the investment arm); Rental Dispute Settlement Center (the judicial arm) and Dubai Real Estate Institute (the educational arm).
P.O. Box 1166 Dubai, UAE
Email: [email protected]
Ask Dubai: 600 560 000
The Real Estate Regulatory Agency (RERA) was established as a result of a law issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, in 2007. Supported by the Dubai Land Department, RERA plays a key and executive role in the regulation of Dubai’s real estate scene. Despite being a young entity and with the help of a qualified national staff, the RERA has managed to register all real estate development and brokerage companies in the emirate.
An arm of the Dubai Land Department, RERA is responsible for regulating the real estate sector, helping in formulating sector’s strategies, regulating the activities of companies that manage residential compounds, as well as the activities of real estate brokers and the Owners Associations. The Agency also issues the rules and regulations that qualify activities of brokerage, lease contract registration and certification, as well as issues license for real estate development entities.
In order to do this, RERA has set a legislative framework that regulates the relation between the different contractual parties, guaranteeing their rights and establishing their duties and commitments through legislations in force. Precise mechanisms and regulations were put in place to regulate investment activities in the sector in the way that achieves highest returns. RERA made sure its staff are adequately qualified and trained to provide efficient and expert services, and is keen on monitoring all development projects on a financial and technical level in order to protect the wider interests of the market and investors alike.
The Dubai Real Estate Institute is “the educational arm of the department that works to educate, train and raise awareness of the real estate market to investors, in order to increase their knowledge and raise the level of their performance. The institute seeks to contribute to the development of the real estate sector and develop the skills of its workers through providing more than 70 courses in Arabic and English, in order to achieve sustainable development and raise awareness of the sector among all investors, owners and tenants, and to encourage citizens to increase their participation in real estate activities.
EJARI means ‘My Rent’ in Arabic. But technically it means a revolutionary system that shall move Dubai real estate sector to be one of the best regulated rental market in the world.
EJARI is the new initiative of RERA to regulate and facilitate the Rental Market of Dubai. This is a new system that will make provisions of Law No. 26 of 2007 effective that is regulating the relationship between Landlords and Tenants in Dubai. This will require all individuals and companies acting as landlords to register tenancy agreements using EJARI.
RERA had announced that beginning 14 March 2010, all rental / lease contracts for Dubai properties must be registered through its new EJARI online portal. The EJARI electronic registration web service is designed to meet the requirements of the law and RERA’s vision and mission to establish a robust regulatory system for the rental market and protect the rights of everyone involved.
The state-of-the-art online registration system on EJARI offers full protection of the rights of all parties involved in the tenancy agreement. It ensures these rights are recognized, upheld, and enforced by all government agencies. It establishes full transparency between landlord and tenant, fully integrates rental contracts into the legal framework, and opens up the possibility of being able to revise these contracts seamlessly in the event of disputes.
The EJARI system provides a full portfolio of services beyond registering the initial lease agreement. Renewals, cancellations, transfers and terminations can all be logged. EJARI is designed to ensure rental agreements are fair and transparent to the parties involved, and that the terms and conditions are given full weight.
The Oqood portal offers a comprehensive set of services developed exclusively for developers to manage their off-plan projects and initial sales contracts registration instead of registering procedures directly in Dubai Land Department (DLD).
The Oqood portal automates, regulates and monitors off-plan properties market by operating under a set of rules and regulations set by real estate authorities, creating a trusted and transparent environment to guarantee the rights of investors and home buyers in the market.
The portal is built on the best of the real estate market practices, methodologies and technologies. Its robust design offers the capability of integration with the central core system of DLD to build a dynamic and comprehensive registration process for off-plan properties.
Developers are authorized to submit their procedure requests for the properties they own whether they are under progress or already completed. They will search for a property, enter request details and submit it to DLD through the Oqood portal. Submitted requests should be followed with the original copies of the required documents. Once the counter employee at DLD receives the complete set of documents, the procedure request will be ready to be executed in the registration section of DLD. Requests will be then audited according to the set of rules and regulations applied in DLD. All procedure parties will be notified by SMS whether the request has been approved or rejected to ensure the transparency between all evolved parties.
The Rental Dispute Center, based at the Dubai Land Department, has been established through Decree No. 26 for 2013 issued by HH Sheikh Mohammed Bin Rashid Al Maktoum, in his capacity as Ruler of Dubai. The center is authorized by the Dubai Government to provide a judicial system that can deal with rental disputes and settle legal issues in a quick, transparent and professional manner.