Tag: escrow account Dubai
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The Reality of Suing a Mega-Developer in Dubai: Time, Fees, and Sunk Costs
Dubai’s real estate market is globally renowned for its futuristic skyline, tax-free yields, and a robust regulatory framework designed to protect foreign capital. Marketing brochures and sales pitches frequently highlight the “100% Guaranteed Investment Security” provided by the government. However, when a transaction goes sideways—specifically when an off-plan buyer is forced into a legal battle…
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Escrow Accounts for Off-Plan Projects in Dubai: How They Protect Buyers
Introduction: Understanding Escrow Accounts in Dubai Real Estate Dubai continues to be a global hotspot for off-plan real estate investments, thanks to its innovative payment structures, investor-friendly laws, and world-class infrastructure. However, with the rise of off-plan developments, the Dubai government recognized the need for greater transparency and protection of investor funds. This led to…
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How RERA Regulates Off-Plan Property Sales in Dubai: A Comprehensive Guide
Dubai has positioned itself as one of the world’s most dynamic real estate hubs, attracting buyers and investors from the UAE, Europe, India, Russia, and beyond. Among its most popular offerings are off-plan properties in Dubai—projects that are sold during the construction phase. These investments often come with attractive payment plans, lower entry prices, and…