Category: Lexicon

The Dubai Electricity and Water Authority (DEWA) is Dubai's state-owned utility company responsible for the provision and management of electricity and water in the emirate. As the central point of contact for all utility issues, DEWA plays an essential role for property owners and tenants in Dubai. Established in 1992, DEWA has grown to become one of the most efficient [...]

Handover refers to the formal handover process of a property from the property developer to the buyer or tenant in Dubai. This important milestone includes the technical acceptance, document handover and final quality control of the property. The process marks the official transfer of responsibility and ownership of the property. The handover process is a crucial moment in property acquisition in Dubai and [...]

An escrow account is a fiduciary account that is mandatory in Dubai for secure property transactions. It is managed by an authorised bank and serves to protect all parties involved by ensuring that payments are only made according to agreed terms. This system is a key component of the security measures established by the Dubai Land Department (DLD). [...]