June ’17 had the lowest amount of transactions in the past two years with 704 sales: RICS Dubai

By Accommodation Times Bureau                               RICS Dubai in its report " Dubai Residential Market" Special Edition presented at Cityscape citing Propertymonitor, a Dubai based Research Portal said that the sales for June 2017 was mere 704. The Research paper said that July 2017 was a highly active month for off-plan apartment transactions with

Dubai imposes tax regime on Real Estate

By Accommodation Times News Services Dubai gets around the property tax by levying a monthly “housing fee” (also known as the municipality tax). All property owners must pay 5% of the average rental value in their area. When you purchase or sell the property in Dubai – residential or commercial – there is the one-time fee of the

Dubai real estate players bullish about rising Indian investment

By Accommodation Times News Services Mumbai, November, 2015: Leading real estate players in the Middle East are bullish about Indians continuing as the most prolific foreign investors in the sector in the coming months too, as Indians have adopted `Dubai as their second home’ and expect high return on their investments.   Commenting on

Sumansa Exhibitions to host the Dubai Property Show 2015 in Mumbai

By Accommodation Times News Services Dubai Property Show, the emirate’s popular real estate exhibition is all set to mark its footprint in the city of Mumbai, India. The show, which made a successful impression in London earlier this year, will now be heading to Mumbai. Organized by Sumansa Exhibitions in association

Six year jail for Tenancy contract forgery in Dubai

By Accommodation Times News Services Tenancy contract forgery is becoming a serious issue in Dubai. People are get caught in the nets of fraudulent PROs, who offer to make arrangements for tenancy contracts and get ejari certificates for residence visa process. Becoming a part of this method will end you with

Indian investors topped in Dubai property buyers’ list

By Accommodation Times Bureau Dubai: This is the first time Indian property buyers have topped the buyers list in Dubai. According to the Dubai Land Department (DL Dept) data disclosed the figures approx properties worth 2.1 billion Dirhams (Rs 292 crore) have brought down in Dubai. The DL dept said that,

No Men’s Land

By Dr. Sanjay Chaturvedi In 1981, the then prime minister Indira Gandhi proposed that no permanent structure should come up within 500 meters of the high-tide line along the coast. The discussions that followed were culminated in MoEF issuing the CRZ notification on February 19, 1981. We need land for housing

Land is not less

By Staff Reporter Mumbai is having 437.71sq.kms. of land. Total land available or occupied is 68.71 sq. kms. in city, 210.34 sq. kms. in suburbs and 158.66 sq.mrs. for extended suburbs. With density of population just above 45000 per sq.kms, the mega city has vast area of land to

Land is not less

By Sanjay Chaturvedi Mumbai is having 437.71sq.kms. of land. Total land available or occupied is 68.71 sq. kms. in city, 210.34 sq. kms. in suburbs and 158.66 sq.mrs. for extended suburbs. With density of population just above 45000 per sq.kms, the mega city has vast area of land to reduce