Ajman offers highest gross rental yield in UAE

Ajman’s real estate market has long been interlinked to Dubai’s performance, with rental and sales prices often seen swinging in tune with the latter. But the UAE’s smallest emirate is gradually coming into its own as a rising population and economic activities continue to attract buyers and tenants looking for quality residences at affordable prices.   Ajman was one of the first few emirat...

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Retail Properties Rents are continuing to fall in Ajman

Given the weaker economic climate, lower levels of consumer confidence, the increasing impact of e-commerce and the impact of the introduction of VAT in 2018, the UAE’s retail sector is continuing to face strong headwinds. The northern emirates of Ajman known as affordable alternatives for renting of Commercial / Retail properties in the UAE also effected due to this Economic Climate. Retail rents...

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Ajman's first green building is 40% done - Green Ajman

The First Green Building was constructed at an estimated cost of Dh15 million. The construction of Ajman's first green building, its Central Laboratory building, is 40 per cent complete, according to  Ajman Municipality officials.     The Green building, constructed at an estimated cost of Dh15 million, is built in accordance with the global green building standards. It also falls in line w...

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Ajman Square tourism project set to be launched

Ajman Municipality has announced plans to launch a new tourism project which aims to create a central square in the emirate The Ajman Square project is set to be launched in early 2019 and will include a number of cafes and restaurants, an open-air seating area and a walking track. Ajman Municipality has announced plans to launch a new tourism project which aims to create a central square in the...

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As Statement to the World: Dubai is a Haven for Innovation & Investment

Following a cabinet meeting yesterday, HH Sheikh Mohammad bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, made a ground-breaking announcement via Twitter. The decision allows 100% foreign ownership of UAE companies in the UAE, and extends visas to 10 years for Entrepreneurs, Innovators, Investors, Scientists, Doctors and Engineers. I could not be more proud right now to b...

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Cand Tenants Terminate Their Leasing Contract Early in Dubai?

  While most tenants who commit to fulfilling a rental contract intend to complete its term, situations might arise which force the tenant to request exiting the leasing agreement early. Suppose a tenant accepts a new job, a company relocates or a personal emergency, forcing the tenant to relocate while the lease agreement does not expire soon. Tenants should understand Dubai's real estate law...

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Looking for A Successful Career in Dubai Real Estate? Join fam Properties

  Looking for A Successful Career in Dubai Real Estate? Join fam Properties  Firas Al Msaddi    Thursday, 14 September, 2017     career in dubai real estate, ceo article, dubai real estate, dubai real estate brokers     A birthplace for thriving entrepreneurs, the real estate market in Dubai is a booming industry. An extremely demanding, cutthroat business, the real estate profession however is...

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The Real Cost of Owning a Property in Dubai

Property buyers must factor fees that are not included in the net selling price when purchasing property in Dubai.  The Dubai Land Department(DLD) has several costs that must be paid to purchase property in Dubai. Listed are government costs for buying a property. •The Dubai Land Department charges 4% of the sales price as transfer fees plus a knowledge fee of AED 430 for a plot, AED 40 for of...

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What Investors Must Understand Before Meeting Developers and Agents in Dubai

  Following the 2008 crash, stakeholders in Dubai’s real estate market have become more mature, careful and knowledgeable of the market and its dynamics. However, the lessons of 2008 seems to be fading away from many real estate investors who are making buying and selling decisions without obtaining the necessary data. This mistake results in uncalculated investment choices based on incomplete f...

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A Statement to the World: Dubai is a Haven for Innovation & Investment

  Following a cabinet meeting yesterday, HH Sheikh Mohammad bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, made a ground-breaking announcement via Twitter. The decision allows 100% foreign ownership of UAE companies in the UAE, and extends visas to 10 years for Entrepreneurs, Innovators, Investors, Scientists, Doctors and Engineers. I could not be more proud right now to ...

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