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Shifting sands – the changing face of Dubai’s real estate market

Overview

In this, its second recent survey of the Dubai real estate market, Hadef & Partners identifies issues that may improve the development of the Dubai real estate market and enable real estate regulators in Dubai to deal with the concerns of respondents for the benefit of the wider community. In particular, it assessed issues involving the property registration process, the levying of charges in respect of registration, duplication of records between the Dubai Land Department and developers and the issues concerning service charges in Dubai.

More than 350 completed responses were received and many respondents took the time to provide detailed and extensive comments.

This is the second report on the Dubai real estate market produced by Hadef & Partners. In November 2010, the firm published the results of a 500 plus response survey which highlighted a series of solutions to enhance the attractiveness of the Dubai real estate market, some of which have since also been highlighted or addressed by regulators.

Tags: Real Estate.

Categories related to Planning and Development