As of January 2024, the process of buying property in Dubai is straightforward, resembling real estate transactions in many Western regions. Age restrictions do not apply, and residents, defined as individuals living in the UAE, can easily acquire ownership by navigating the standard sales procedures. For foreigners, categorized as non-residents, there are no restrictions on obtaining freehold...
Business
In a mere 48 hours, Aldar Properties successfully offloads $1.1 billion worth of residences at the Athlon development in Dubai, with expatriates and overseas buyers taking the lead in the purchasing spree. Aldar Properties has announced it sold out homes at Athlon development in just two days. Aldar Properties sold out of the first two phases of its “Athlon” development within 48 hours of...