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Maintain reserve funds now or pay later

property

Maintain reserve funds now or pay later

When the Dubai Land Department's Real Estate Regulatory Agency (Rera) issued directives for OAs, it required that all OAs must establish two funds -- a general administration (general fund) fund and a reserve (sinking) fund.

property

UAE expats drive up house prices in Pakistan

business

UAE expats drive up house prices in Pakistan

According to a Dubai ann­ual market update issued in mid-December, ave­rage residential property prices have fallen 16 per cent and 14 per cent year on year for apartments and villas, respectively, while overall unit transactions declined by 33 per cent.

business

Sharjah realty most stable in the region

business

Sharjah realty most stable in the region

"Sharjah's real estate market had been the least affected by the economic crisis that hit the world a few years ago for many reasons, including the balance of supply and demand and the confidence of investors in Sharjah's market, as well as market prices, which managed to remain within a reasonable range," Al Shaibani said.

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