Category: Lexicon

The rental yield refers to the annual rental yield of a property in relation to its purchase price. It is an important indicator of the profitability of a property investment and is used as a key indicator for investment decisions, particularly in the Dubai property market. A distinction is made between the gross and net rental yield. The rental yield plays a particularly important role in the Dubai property market, [...]

The Early Settlement Fee is a fee charged by banks in Dubai for early repayment of a property loan. According to the UAE Central Bank's guidelines, this is limited to a maximum of 1% of the outstanding loan amount or AED 10,000, whichever is lower. This fee serves as compensation for the bank's loss of interest income. The Early Settlement [...]

The Owners Association (OA) is the legally prescribed owners' association in Dubai, which is made up of all the owners of a property complex. It is responsible for the management and maintenance of the communal areas and facilities. The OA is managed in accordance with the guidelines of the Dubai Real Estate Regulatory Authority (RERA) and represents the interests of all owners. The Owners [...]

The notice period is the legally or contractually stipulated period of notice that must be observed when terminating a tenancy in Dubai. This period gives both parties - tenant and landlord - the necessary time to adapt to the change and make appropriate preparations. In Dubai, the notice period is subject to clear legal regulations, which are [...]

A sub-developer is a property developer who develops a specific sub-area within a larger master project in Dubai. These developers acquire land or development rights from a master developer and are responsible for the planning, development and marketing of their assigned project areas. In Dubai's dynamic property market, sub-developers play a central role in the realisation of large-scale development projects. They act as an important [...]

A master developer is a leading property development company that has overall responsibility for the planning and development of large-scale property projects. In Dubai, master developers are responsible for the design, infrastructure development and quality assurance of entire neighbourhoods or communities and set the standards for sub-developers. In Dubai, master developers occupy a central position in the development of the property market. [...]

A valuation report is a professional appraisal to determine the current market value of a property. This standardised valuation report is prepared by licensed valuers and serves as the official basis for property transactions, financing and official procedures in Dubai. The report is based on various valuation methods and takes into account both property-specific and market-related factors. In Dubai, the Valuation Report plays a [...]

Capital appreciation is a key aspect of property investment, especially in Dubai's dynamic market. It differs from other forms of return, such as rental income, in that it represents the pure increase in value of the property itself. In Dubai, capital appreciation is favoured by several factors: Infrastructure development: new metro lines, roads and public facilities increase the attractiveness of areas Urban development projects: [...]

The shell and core concept plays an important role in Dubai's property market, particularly in the commercial property segment. This type of construction offers tenants and buyers maximum flexibility in customising their premises. Typical features of a shell and core property: Completed building structure and external façade Basic mechanical and electrical installations Central utility ducts and connection points Bare floor without flooring No partition walls or [...]

The fit-out process is particularly important in Dubai's dynamic property market. A basic distinction is made between Shell & Core (basic fit-out) and various fit-out stages. In detail, a fit-out comprises the following main areas: Technical installations: Electrical, air conditioning, plumbing Basic fit-out: flooring, wall design, ceiling panelling Room layout: partition walls, doors, window design Interior design: furnishings, lighting, decorative elements In Dubai, the fit-out standard is often determined by [...]