Sales numbers in Dubai have been falling steadily since the end of last year after the Dubai government introduced tough new mortgage caps and higher transaction fees in an attempt to slow what had been one of the fastest rising housing markets in the world. The fall in volumes was one factor that prompted the consultancy JLL and the ratings ...
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Tag Archives: Real Estate Dubai
Dubai sets deadline for buyers to register their property or face penalties
The Dubai Land Department has set a deadline of June 30, 2015, for registration of all “sold” units in the emirate by property owners and failure to do so will result in penalties. Dubai property owners will be penalized if they fail to meet a new deadline to register sales. Developers have started to send a notice to all new ...
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