Plans change during a lease: a job move to another country, a growing family, a need to live nearer relatives. Before you sign, read what the contract says about ending early. Look for the notice you must give, any amount payable, what happens to cheques that have not yet been presented and how the security deposit is handled. If the clause is missing or vague, ask for clear wording before signing.
Example: you sign a one-year lease in Masdar City and receive a job offer elsewhere after five months. A clear clause tells you your options and their cost at once, so you can plan rather than negotiate under pressure. If any wording is hard to interpret, a qualified adviser can explain it before you commit.
Prepared by Masterpiece Property.
Before you sign or pay, make sure the person offering the lease has the right to grant it. That is usually the owner named on the title deed, or someone acting for the owner under a property management agreement or a power of attorney. Ask to see the relevant document, then compa
Owners often ask when the market is right, but the date that matters most is usually your own: a relocation, the purchase of your next home or the start of a school year. Rather than guessing at market timing, work backwards from that date and give each stage of the sale enough room. A realistic plan reduces pressure when offers arrive. Suppose you need to leave your Al Bateen apartment before a new job starts abroad. Count back through the transfer, community clearance, the buyer's mortgage process, negotiation, marketing, photos and preparation, adding
In a jointly owned building, lifts, roofs, pumps and other shared equipment eventually need replacing, and a reserve fund is meant to pay for that over time. ADREC has highlighted that asset replacement funds are frequently underfunded, and that reserve fund studies over five yea