Archive for August, 2009

Speculation in real estate and its negative aspects

Speculation (or speculative investment) is an investment made with expectations of considerable appreciation in the prices of some asset (e.g. real estate property, stocks, etc). Speculative investment is a norm in booming real estate markets, though we can’t really differentiate between a speculative investment and a standard investment, as both of them looks [...]

Skyscrapers – History and future

Architecture is the alphabet of giants; it is the largest set of symbols ever made to meet the eyes of men. A tower stands up like a sort of simplified statue, of much more than heroic size. (Gilbert Keith Chesterton)
Man has always been daunted by exceptionally tall buildings (or structures), that’s the reason [...]

Role of recently initiated Dubai Real Estate Court

At last some relief for investors, as Dubai Real Estate court (AKA Dubai property court) in its first and extensively publicized ruling has ruled in favor of the investor, asking the developer (Mizin) to reimburse the payments made to them by the plaintiff. Prior to this decision, many investors were stuck after they’ve [...]

Rent increase guidelines for tenants & landlords

There’s a lot of information for landlords on how to deal with problematic tenants in case of late payments or bad maintenance, but tenants are often unaware of their rights. As a result, they never seek help from the regulatory bodies in case they have been harassed by the landlord, or if the [...]

Looking to dine out in Dubai – Try these restaurants

Majority of Dubai population is made up of foreigners, most of them expatriates and a considerably large number of tourists and foreign businessmen as well. A city that hosts so many foreigners must be having world class restaurants in abundance, for the convenience of people touring Dubai from different regions of the world. [...]

Watching free movies online legally

It might sound incredible for some people but you can actually watch free movies online. This can be done completely legally and you are usually guaranteed to be able to watch the films at full length from beginning to end. You would not even have to wait until the movie you want to watch is [...]

Living in UAE – Higher education dilemma for your kids

Despite having a number of world class business facilities, hotels, and everything that supports a lifestyle of highest quality, UAE was lacking in one department. That is the availability of higher education facilities. For many years upper and middle class families had no other option but to send their children to study abroad, [...]

Starting as a real estate broker – Here’s a checklist for you

Starting as a real estate agent or broker is quite easy, all you need to do is, locate some sellers who are looking to sell (or rent) their properties and then search for interested buyers. If you are able to link up interested buyers with the sellers and the transaction takes place, you [...]

Guidelines for purchasing Off-plan properties

When you purchase a property where the construction work is in progress (or there has been no construction as yet), and the property merely exists in the plans (drawings, floor plans, etc) of the developer, you are buying an off-plan property. Purchasing or investing in a property that doesn’t exist except in the [...]