The Dubai government introduces new mortgage laws to try and regulateinvestment property in Dubai.
Another new law has just been introduced in Dubai, covering mortgages, and is expected to help better regulate the market and boost investor confidence in investment properties, officials and analysts said on Tuesday.
New regulations covering off-plan sales of real estate are to be issued soon to prevent developers from charging registration fees
The Dubai Lands Department said the rules would set out clear mechanisms and procedures – and officials hope they will reduce the number of disputes between developers and buyers.
Dubai is to introduce a set of short-term visas for foreign investors in the real estate sector. Be warned. Developers and agents selling property with the guarantee of a residence visa should be avoided. It is not a given that those who buy a property in Dubai will get a residence visa.
More on Dubai to Introduce Short Term Visas for Foreign Investors
According to the UN: 50 percent of the world’s population resides in urban cities, growing to two-thirds in 25 years; by 2015, 23 ‘mega cities’ will exist with nineteen of them located in developing countries
More on CTBUH 8TH World Congress Highlights Dubai as a Model of Sustainable Urban Future
