Category Archives: Real Estate Jargons
Differentiating Luxury Properties
The most eminent factor of how do we differentiate luxury property from the rest. When it comes to Dubai, one word that you always come across is “Luxury”. However, on practical grounds this is not the case really. Luxury by definition need to be unique, distinguished and sophisticated hence it is something that is not within the reach of everyone. And when it comes …
Property Virtual Tours
An interesting concept of Virtual Tours of the properties. Generally, the properties can be viewed virtually at 3 levels, and this goes over and beyond the conventional pictures illustration that are viewed through the online portals. These virtual tours give a more realistic feeling to the property you are looking at, and veridically it gives a better feel of the property than images. The …
Different Freezones in Dubai
An interesting concept of different freezones in Dubai, and why these have their own significance in their respective regions. Currently, Dubai accounts to more than 30 freezone areas which have their own set of regulations and rules that a member has to comply to. The most popular freezones being DIFC, Internet City, Media City, DMCC, IMPZ, Health Care City, JAFZA, DAFZA, DSO and Dubai …
Importance of Location in Real Estate
An interesting concept why location is the most important parameter when it comes to real estate. Time and again people talk about the importance of location of a house, shop or an office, and very rightly so, the impact is significant no matter wherever you consider it throughout the globe. Although there are various classifications under which the locations can be categorized, however in …
Sell outs at Project Launches
An interesting phenomenon that we all have been experiencing a huge surge on the project launches, and how come these developments sell out within hours. Very interestingly, Dubai Real Estate is one of the rare markets where offplan properties perform equally well as ready properties. This not only goes to show the trust that investors have in this market, but also signifies the fact …
Title Deed Verification Service
This simple yet important feature allows potential tenants and buyers to cross-verify essential features that are associated with the property and save their time and efforts by validating the authenticity of the ownership of a property. In order to achieve the objective of a transparent and mature market, this initiative offers two aspects of the service wherein anyone who has access to the title …
Broker Validation Services
Broker card validation services are available through the Dubai REST App provided by the Real Estate Regulatory Agency (RERA). The immense size of the Dubai real estate industry is evident via statistics: 7,022 brokers working across 600+ brokerages in the city. Not only do these numbers go on to show the strength of the industry and faith placed by millions of global investors in …
Property Management Supervision Services
In Property Management Supervision Services or PMS, agencies like ours, manage an owners property to ensure it is in top condition, adhering to all regulations and reaping the best possible yields regularly. It is generally perceived that PMS services are only referred to facility management supervision wherein we are responsible to fix any maintenance issue arising and reported by the tenants. However, there are …
RERA Rental Index Calculator
In order to move further towards a more mature market and standardize the prices in different communities, Dubai Land Department has taken an initiative that allows tenants, landlords and agencies to calculate the rent of a property for the next year. The Rental Index Calculator not only mitigates a lot of ambiguities about the pricing trends, but also creates transparency in the market which …
Mo’Asher Property Pricing Index
The Dubai Land Department in accordance with the other stakeholders in the industry have come up with a monthly issue of the pricing trends of the secondary market which is known as Mo’Asher, which has been indexing all transactions from January 2012 and provides an easy and accurate indicator of where the marketing is heading and it pricing trends. The pricing trends are calculated …