Current Info Property in Dubai

Lexicon

Off-plan property

An off-plan property is a property that is still in the planning or construction phase and is offered for sale before completion. In

Read more "
Lexicon

Ready Property

A ready property is a fully completed property in Dubai that can be occupied or rented out immediately after purchase. These properties already have

Read more "
Lexicon

Mixed-Use Development

A mixed-use development is a property project that combines different types of use such as residential, work, retail and leisure in an integrated concept. This modern form of urban development

Read more "
Lexicon

Rent Cap

The rent cap in Dubai is a legal regulation that limits the maximum annual rent increase. This rent cap was introduced to protect tenants from excessive rent increases.

Read more "
Lexicon

Loan-to-value (LTV)

The loan-to-value (LTV) ratio is the relationship between the amount of a property loan and the market value of the financed property. This important key figure is expressed as a percentage and

Read more "
Lexicon

Mortgage Pre-Approval

The Mortgage Pre-Approval is a preliminary commitment from a bank about the maximum amount of a possible mortgage loan. This pre-approval is based on a comprehensive review of your financial situation.

Read more "
Lexicon

Security Deposit

The Security Deposit is a deposit that must be paid by the tenant to the landlord when renting a property in Dubai. It serves as a financial

Read more "
Lexicon

Renewal Clause

The renewal clause is a contractual provision in rental agreements that defines the conditions and modalities for a contract extension. It regulates important aspects such as the renewal period,

Read more "
Lexicon

Tenancy Contract

The tenancy contract is the legally binding rental agreement between the landlord and tenant of a property in Dubai. This standardised contract must comply with the regulations of the Real Estate

Read more "