Having the money is not the same as being able to use it on the day it is needed. Savings held in a fixed deposit, an investment account or a bank outside the UAE can take days or weeks to release and transfer. If a seller accepts your offer on a Saadiyat apartment while the funds are still locked, the timeline you agreed comes under pressure.
Before you make offers, check each source of your Down Payment: notice periods for breaking a deposit, transfer limits, how long an international transfer takes and what your UAE bank needs to receive it. Write the number of days beside each source and share the plan with your agent, so the dates you propose are dates your money can meet.
Prepared by Masterpiece Property.
AI-generated illustration, not a photograph of an actual property or project.
On 20 August 2024, ADREC launched the first residential Abu Dhabi Rental Index, designed to increase transparency and provide indicative rental values. The platform offers indicative quarterly rental pricing for areas across Abu Dhabi. For a tenant, it is a useful reference befor
Agreeing to renew is only half the job. A renewal starts a new contract period, so the registration needs updating with the new dates and terms. Confirm with the landlord who will process it, through which channel and when, and check that the renewed contract shows the right rent, start date, expiry date and number of instalments. Keep the new registered copy with your file and hand over any new cheques against a signed receipt. Example: a tenant renews verbally in Al Bateen, but the registration still shows last year's expiry date when a service provide
A pleasant first meeting tells you little about how a tenancy will run for the next year. Decide your criteria before the first enquiry and apply the same ones to every applicant: identity documents, an employment letter or trade licence, the ability to meet the agreed payments,