UaSharjah Real Estate Registration Department (SRERD) has announced in its quarterly performance report that the real estate sector in Sharjah is experiencing remarkable growth. The report shows that during the first quarter of 2023, a total of 21,486 real estate transactions were recorded in Sharjah, with a total value of Dh5.9 billion. The data released by the Sharjah Real Estate Registration...
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...