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Managing financial transactions in Dubai’s real estate market requires a thorough understanding of several systems. One such important component is the Escrow Account, a financial protection that is important in ensuring transactions between buyers and developers. Escrow An escrow account in real estate is a financial arrangement in which a third party holds (Dubai Government…

The Financial Action Task Force (FATF) is an intergovernmental organization that sets standards and promotes effective implementation of legal, regulatory, and operational measures for combating money laundering, terrorist financing, and other related threats to the integrity of the international financial system. Being placed on the UAE FATF Grey List indicates that a country has strategic…

Overview Wish to know about the legal requirements of owning a home in Dubai? Read ahead. The real estate market made an enormous shift in 2002 when the Dubai government established legislation permitting foreign nationals to buy freehold properties in Dubai. Dubai has -made a name for itself as a major international economic center. The…

Table of Contents Overview Dubai has a vast real estate market with a very broad spectrum. It is known for its luxurious lifestyle and impeccable infrastructure, making it considered one of the world’s most popular destinations for real estate investment. However, finding investment with such a wide variety of options is not an easy task…