Archive for January, 2021

UAE amends laws to allow foreigners, including Nigerian property owners, to become citizens

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We need your support to produce excellent journalism at all times. THE United Arab Emirates has adopted laws that will grant citizenship to a select group of foreigners, including investors and property owners. ‎ A category of foreigners that could be granted citizenship, as announced by ‎Mohammed bin Rashid Al Maktoum, vice president and prime[…]

Dubai House Prices To Drop At Slower Pace: Reuters Poll

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Dubai’s house prices are expected to fall at a slower pace this year and next than previously thought as hopes for a successful vaccine rollout and an economic recovery boost confidence in the sector, a Reuters poll showed. After declining 3.5% in the first quarter of 2020, Dubai property prices have shown signs of stabilising.[…]

UAE citizenship for expats: Who can apply and how – News

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All you need to know about acquiring the Emirati nationality and passport. The UAE has approved amendments to the citizenship law, allowing investors, professionals, special talents and their families to acquire the Emirati nationality and passport under certain conditions. DON’T MISS: >> Investors, innovators, artists to get UAE citizenship: Sheikh Mohammed >> UAE[…]

Worst is over for Dubai real estate market – News

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Investors, buyers set to take advantage of price correction in residential properties Dubai real estate sector looks set to stage a smart recovery this year due to speedy economic recovery, spending on infrastructure development, growth in trade and tourism sectors from the Abraham Accords, experts say. Referring to latest data, real estate developers,[…]

BA flight BA104 from Dubai touches down at London Heathrow two minutes before Covid travel ban kicks in

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The flight, which had been scheduled to land at 12.40pm, is the last passenger arrival from the country until further notice. As of 1pm on Friday direct flights from the Gulf nation are banned, slamming shut the world’s busiest international airline route between Dubai and London. Anyone without British residency who has been in the[…]

Who is Mark Stott? The businessman in charge of Stockport County FC and Cheshire-based Vita Group

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There aren’t many people who get to own their hometown football club. But that’s what Stockport-born property entrepreneur Mark Stott has managed to do, and the CEO of Cheshire firm Vita Group is now considered by many to be his town’s most successful businessman ever. Most recently, his side Stockport County FC, who are in[…]

Dubai homeowners can now move court against property management companies

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Rental Disputes Centre under Dubai Land Department will have the final word on the escalating dispute between homeowners and property management companies on service charges. Image Credit: Ahmed Ramzan/Gulf News Dubai: Homeowners in Dubai can now file formal complaints with Dubai Land Department if they believe there are serious deficiencies in the quality of their[…]