Questions Related To Real Estate of Dubai 2 Mar 2022, 4:20 am

 

What are the Frequently Asked Questions Related To Real Estate of Dubai?

Whether you are a foreigner investing in property in the United Arab Emirates or an expatriate buying property for the first time, it is dreadful work to invest in a residential house.

Questions Related To Real Estate of Dubai

The local legislation and regulations regulating the real estate sector and the broader real estate industry need to be understood so that you know what to expect from the transaction. Moreover, You can rest assured that you are an investment in the property you are looking for.

FAQs Property

With over a decade of expertise in Cavendish Maxwell, we have assisted several clients in finding their perfect homes through the purchasing process. Moreover, our most frequently asked FAQs were drawn together to teach you the basics of buying property in the UAE.

What is the Purchase Process?

The procedure of purchasing a villa or apartment in the UAE is like in the UK. Furthermore, a simple overview is that you can find your favourite property and make a formal offer. A real estate agent is typically employed to assist find properties and making the offer. However, if you accept the offer, you will pay a security deposit of approximately 10% of the requested price.

Your legal advisor or agent will carry out the checks necessary, submit the paperwork required and organize your property deal from there. However, you will then pay for the property to transfer the property to you. You are also obliged to pay a transfer, associated fees and property officer fees.

What is the Difference Between Freehold and Leasing?

Freehold means that you own the property, including the land on which it is built. Moreover, you are responsible for the maintenance of both your land and your property. For example, you can buy a house containing a tiny section of land that only you own.

In comparison, buying a leased property implies you have the property rights for a fixed period. The period shall be established in a contract with the free owner. When the lease ends, the property is returned to the free owner.

A typical example is often encountered in apartments in a rental property. The holder owns the building and property while you have the rights to your apartment and is therefore responsible for the upkeep of areas such as stairways and gardens without a contract.

Can I have a UAE Mortgage Property?

A mortgage can be obtained for a property in the UAE. For UAE residents, it is pretty uncomplicated to receive a mortgage loan. However, there are some additional limits and requirements for non-residents. For example, a more significant deposit is generally requested for non-residents.

We always advise investors to talk to a consultant where you intend to buy property for restriction guidance and the current mortgage rates.

What is the Meaning of Off-Plan?

An off-plan property refers to a property that has to be built or in the earliest stages of building only. In most circumstances, buying off-plan implies that you buy a house from a developer.

Always undertake appropriate research when buying off schedules, take the time to check developer qualifications and examine any further payments. Charges vary between emirates, and a fee or transfer fee is expected to be paid.

Emirates like Dubai have account services via organisations like the Dubai Land Department (DLD) to help protect the buyer in transactions with developers.

What is the DLD Doing?

DLD is a government regulatory body responsible for all property and property laws, sales and purchases, and other associated services.

The DLD provides an Account Service that protects both buyers and sellers by regulating each transaction properly. It functions as a third party holding funds for both parties, which can only be released if they fulfil certain fixed obligations. They are also responsible during the entire sales process for the transfer of ownership and other key contracts.

What does RERA Mean?

Real Estate Regulatory Agency stands for RERA. As a government body, RERA is part of the DLD and provides licenses to Dubai's real estate agents, brokers and developers. However, all real estate operations in Dubai are regulated to maintain consistency and fairness across the whole market.

When you buy a house in Dubai, always ask for the RERA certificate from your agent or sales representative and ask for the company RERA registration number to be authentic and comply with the Guidelines.

The several Emirates in the UAE have similar regulators that supervise the transactions of immovable and provide uniformity in the business. For example, the RERA in Abu Dhabi is the Municipal Affairs Department (DMA).

Is it Safe to Invest in Dubai?

The main reason individuals buy property in Dubai is that Dubai is an excellent chance for investment in real estate. Thousands of local and foreign investors already had the opportunity to invest in Dubai since it features spectacular historical sites, cutting-edge infrastructure, a rapidly rising economy and cultural variety. Below are some essential facts as to why you should invest in Dubai:

  • High rental returns (7-10 percent )
  • 100% ownership of Freehold
  • Completely tax-free properties
  • The infrastructure of World Class
  • Security & Sound Living (2nd Safest Country in The World)
  • Next EXPO 2020 Booming tourism and entertainment
  • Pleasant post-transfer payment schedules

Which Place is Best to Buy Property in Dubai?

If you want to buy houses off-plan in Dubai or buy a villa in Dubai, you may use this list as the basis for looking for luxury off-plan properties in Dubai.

  • Circle of Jumeirah Village (JVC)
  • Dubailand
  • Dubai South
  • Business Bay
  • Dubai Hills Estate
  • City Palm Jumeirah

Property investment in the UAE must not be an arduous task. With the right advice and assistance, real estate purchases are an exciting undertaking with infinite potential and a handsome return on investment.

We have teams of experts situated in Dubai, Abu Dhabi, and Sharjah from all the Northern Emirates when you have inquiries about investment in property around the UAE. Contact us today to begin your investment journey!

Visit - articleed.com for more detailed information about Real Estate in Dubai.

Gift Ideas to Honor Female Employees on International Women’s Day 2 Mar 2022, 4:19 am

 Happy International Women’s Day Ladies! As the month of March approaches, people especially women get more excited. For them, there isn’t a better time to receive appreciation for their hard work and efforts. March 08 is celebrated all over the globe every year with great enthusiasm. This day is dedicated to celebrating the success and strides that women have achieved. 

It’s been 110 years since the first women’s day. To hype up our incredible ladies, many stores launch special sales and deals to let women enjoy this day to its fullest. Not only brands, but companies also organize a women’s day special ceremony for their female employees. Giving your female workforce delightful gifts and shopping-saving coupons is important, to make them feel respected and show that you ‘Care’. 

Continue This Powerful Tradition of Celebrations This Year Too 

As this powerful movement and tradition has continued for more than a century, many companies have found ways to celebrate women’s day differently. Even online shopping trends have evolved and come up with great ideas to support this event and the existence of women. 

Here we are listing down some amazing and unique ideas for the female workforce for rewarding them graciously on this day.

5 Best Gift Ideas for Women’s Day 

The idea of what constitutes the ideal gift varies greatly. Does your company need to find out what women actually like? It could be anything from a little appreciation note, vouchers, or chocolates.

E-commerce stores like Amazon, eBay, Zappos, and other online brands like target, featuring discounts can also be the best places to choose an amazing gift that women like and seem valuable. Here are a few you can make a note of:

  • Amazon’s Gift Cards and Vouchers 

One of the simplest and most convenient options is gifting your employee amazon’s e-gift cards or brand vouchers. As females are picky and choosy about their shopping. Giving them e-gift cards and brand vouchers is a great idea to choose according to their preference

Amazon special offers on women's day are not limited to 20% or 25% off but you can find huge discounts on everything women love. 

  • Customized Wooden Plaque with Appreciation Note

Who doesn't like getting appreciated? A little note of appreciation and acknowledgment through words is the best gift one can ask for. To recognize the achievement and hard work of your female workforce, you can order customized wooden plaques. 

Amazon is a great site for ordering personalized wooden plaques. A combination of wooden plaque with an appreciation note and an amazon discount coupon code will mean a lot to her. 

  • Spa Gift Basket 

Most of the women love to doll up and take care of their looks. At times, workload and other responsibilities don't allow them to focus on their skincare. Preparing a spa gift basket that has attractive gifts like bath crystals, scented candles, fizzers, bubble bath, skin and body lotion, body scrub, and a spa discount code for services. 

The fragrance of this spa gift is itself enticing to make them feel special. Make sure to make it look trendy. 

  • Fine Dining and Shopping Vouchers

Dining, female gathering is a way to forget all your worries and enjoy the moment with your friends and colleagues. A day off with a fine dining arrangement at a classy restaurant and shopping vouchers is good to go. 

This tete-a-tete moment with other women will help them relax and open up their hearts to others.  Hand them 20 off amazon promo code to shop anything they want along with a dining arrangement to make their day. 

  • Weekend Gateway 

Female employees are generally hesitant to take long breaks or vacations with their colleagues and friends. A planned gateway to a nearby hill station or beach can give your female employees a much-needed break. A relaxing environment with appetizing food and enjoyable activities is no doubt a great idea for this day. Remember a well-traveled woman is an asset not only for your company but for society as well. 

Bottom Line

International Women's Day is all about celebrating the presence of women and acknowledging them for their valuable contribution to our lives and society.

What Is The Metaverse And How It Is Works 2 Mar 2022, 4:17 am

 Metaverse is a phrase that was recently echoed and discussed by numerous people. A factor that's drawn attention is is a lot of discussion about the possibility that Indonesia will be running Metaverse within the coming years. What do you think of the Metaverse and what exactly is it that Indonesia has to adopt it?

Metaverse Definition

Metaverse is a brand new buzzword that refers to the imagination of the tech industry in a way that it can be one of the online platforms that showcase the latest concepts. Mark Zuckerberg, who is the chief executive officer of Facebook has recently announced the change in the name of Facebook as Meta Platforms Inc or Meta for short.

This man of 37 speaks about the way Facebook is going to change in a positive way and that people will perceive Facebook as a"metaverse" social media firm, i.e. "real reality" (or digital reality) that blends various aspects like games on the internet, social media as well as VR (VR). and Augmented Reality (AR) and the use of cryptocurrency. Through these different elements, users can communicate with one another virtually.

Metaverse is not an entirely new concept. The concept first was used in the book "Snow Crash" in 1992 by writer, Neal Stephenson. In the novel, human beings as avatars communicate with one another as well as software agents in a 3D virtual world. Neal Stephenson uses this term to refer to a cyber-based successor of the web.

Metaverse

According to Wikipedia, the metaverse is a part of the internet, which is a visual reality to ensure that it can be made as close as it can be in relation to reality. However, at present, it has not been able to establish a generally accepted understanding.

Here are some metaverse definitions from experts:

Peter Warma, CEO of Newzoo stated Newzoo is an area where people can be fans, creators, and players simultaneously.

Tim Sweeney, CEP Epic Games The world of CEP Epic Games is a 3D social media that is accessible in real-time. It allows users to create and share content within the virtual world.

How Metaverse Works

What is the metaverse's function? How can I access and use various services available in the metaverse? As was mentioned previously this is the name of a fictional world that has a resemblance to reality. If you step into this world, there are many elements that make it more real and exciting.

All this is accomplished through the development of advanced technology, which includes an ever complex and efficient internet network. The internet is vital since the metaverse uses it as its primary access point. Its operation is supported by a variety of devices like headphones and VR glasses, also known as AR glasses. It is because it is an AR and 3-D world that this gadget is now a necessity.

How do you participate in Metaverse

  • The first step is to select the platform you would like to use. There are two kinds of metaverses, including build environment, which permits you to build an environment starting beginning with 0.
  • The other type is the metaverse for online games that follows the same concept as the metaverse.
  • When you have made your selection, ensure you've got a device that can run as well as download the metaverse. Register and log in to play the real-life virtual.
  • In the present, it is possible to make payments using the crypto world to purchase various essentials.
  • Metaverse's cryptos and coins comprise Ether, MANA, SAND, and AXS.

Cuan's Chance within the Metaverse World

The world is becoming more well-known due to this technology. Many actions can be done online, including selling, making, and putting on concerts. Through the metaverse platform, anyone can do transactions online and earn more money.

Sandstone Pavers and Tiles – Benefits, Application, Cleaning and Sealing 2 Mar 2022, 4:16 am

 Paving outdoors with sandstone pavers and using sandstone tiles indoors for interior decoration is beneficial in many ways. Given below are some of these:

  • Sandstone pavers and sandstone tiles are easy to install. One does not have to work too hard to install them, be it in the garden or in the kitchen.
  • Sandstone are highly durable and versatile in nature, meaning they can withstand tough outdoor extremities and can be used for various purposes.
  • They are available in various dimensions. Thus, they can be obtained in the most suitable sizes and textures that suits a particular area or space.
  • They last a lifetime, meaning that after installation if properly maintained one does not have to worry about replacing them every ten years.
  • Sandstone is a porous stone. This means that the stone allows water percolation and can store huge amounts of water. It can also withstand wet weather and time.

Where are sandstone tiles and sandstone pavers most widely used?

  • Pavers are widely used in landscaping for their natural and rich appeal. They are applied all over the garden to create walkways.
  • Another area where sandstone pavers are used widely is on the floor for patios and to create unique wall features.

What is the most suitable way to seal and clean sandstone pavers and sandstone tiles?

When it comes to sealing pavers and tiles made from Sandstone, it is suggested that the stone supplier or manufacturer be consulted for the most appropriate sealer to protect the stone.

If not sealed properly, sandstone runs the risk of getting stained and the buyer incurs the difficulty of removing those stains.

With so many sealers out there in the market, it is very important that the most appropriate one be identified and used.

Cleaning Sandstone Pavers

When it comes to cleaning them, one must never use cleaners containing alkaline or ammonia or bleach as these may break down the sealer and in turn, deplete its repellency.

The process begins by sweeping or dust mopping up any kind of dirt or debris off the stone followed by preparing the cleaning solution as per instructions. This step may have the solution being diluted in hot or cold water.

Now the cleaning solution must be applied using a sponge or mop or scrubbing machine. The final step will have the cleaning solution being rinsed and wiped off with clean water.

Sandstone is known to have an anti-skid surface making it the perfect stone to pave with. Its anti-slip nature is also the reason why the stone is used in the form of slabs in kitchens as there too, water gets splashed around.

This is one primary reason why it is used so frequently to pave swimming pool decks as plenty of water gets splashed around.

Sandstone is known to have an anti-skid surface making it the perfect stone to pave with. Its anti-slip nature is also the reason why the stone is used in the form of slabs in kitchens as there too, water gets splashed around.

Summary: The details shared above make the benefits of sandstone pavers and tiles clear, how they must be sealed and cleaned and the various areas where they can be used.

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