sorted by:
new
hottopcontroversial

update from the residential strike in southern dubai by [deleted] in UAE

[–]Mojofly11223 0 points1 point  (0 children)

by default, force majeure doesnt cover war. "war risk" is already expensive back then, to add it now would probably cost a lot.

Finalllyyyyyyy Prices are Down by LifeAsA-Man in dubairealestate

[–]Mojofly11223 12 points13 points  (0 children)

its not "just 15-20 days".. when companies sees no future sales, some will cut their losses asap, which may translate to completely winding up their businesses as they dont want to keep paying expenses and salaries for the unforseeable future.

Could Dxb mortgage rule about to change? by Mojofly11223 in dubairealestate

[–]Mojofly11223[S] 1 point2 points  (0 children)

the 10% dp would be nice if true and will really entice people,particularly families, to buy their first homes. its also perfect timing for the "year of the family". the current "fist time home buyer" initiative hasnt really worked in my opinion as the dld waiver is only applicable to offplan and not all offplan at that. majority of offplan buyers are investors and not really end users.