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The decline in the house rents in UAE has counterbalanced itself after a 5 percent VAT was introduced on 1st January 2018 – which was originally thought to cause an increase in cost and rents of residential units. According to global standards, not more than 30 percent of the monthly income should be spent on […]
If you have been following property news even the slightest you will know that UAE has been having a hard time regaining itself in the property market, this occurred in 2014 when the oil prices collapsed which inevitably had a domino effect on UAE’s economy including the property market. Good news for UAE today as […]
Shortly, Al Khail Gate community located in Al Quoz will be modified into a paid parking area, reported by Gulf News. In a public announcement, the estate administration team notified the occupiers about the take up of the parking areas inside the Al Khail Gate community by the organization The Roads and Transport Authority (RTA). […]
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