French influencer and founder of personal care brand Nabilla Beauty, Nabilla Leona Benattia-Vergara, has joined the growing list of global celebrities investing in Dubai's luxury real estate segment. Vergara recently purchased a penthouse worth €5 million (over Dh20 million) in Damac Bay by Cavalli through ON Real Estate CEO, Omar Naguib. This purchase is part of a bigger trend of...
Dubai Property Owners Risk Losing Their Homes If They Default on Mortgage Payments Dubai, UAE - With many expatriates buying homes in Dubai, it's important to understand the consequences of defaulting on mortgage payments. Under the provisions of Law No. 14 of 2008 Concerning Mortgage in the Emirate of Dubai and Federal Law No. (5) of 1985 On the Civil Transactions Law of the UAE, if a mortgagor...