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Bayut was founded in 2008 by Imran Ali Khan and Zeeshan Ali Khan, following their launch of Zameen.com in Pakistan.In 2014, Haider Ali Khan moved to the UAE from the United States as the CEO of Bayut.
RERA is a part of Dubai Land Resources Department. The agency has its own financial and administrative independence with full legal authority to regulate the real estate sector in Dubai. RERA provides transparence and effectiveness of legal framework , when everyone involved in the property market can conduct a business.
The average rent for an apartment is expected to increase. For premium support please call: 800-290-4726 more ways to reach us
The emergence of Dubai's lively real estate market was briefly checked by the global financial crisis of 2007–8, when Dubai was bailed out by Abu Dhabi. [31] The recovery from the overheated market led to tighter regulation and oversight and a more realistic market for real estate throughout the UAE with many 'on hold' projects restarting.
For example, if I lived on 8B Street in Al Muraqqabat and was trying to give directions to my apartment/house, I would say something like [Name of apartment/building], behind Hamarain Centre, as opposed to, say, [Name of apartment/building], 354 8B Street, Al Muraqqabat. So here, Hamarian Centre, a more-or-less obscure entity in the grand ...
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The city of Dubai is located on the coast of the Persian Gulf, while the Emirate stretches inland and is bordered to the south by the emirate of Abu Dhabi, to the northeast by the emirate of Sharjah, to the southeast by the country of Oman, to the east by the emirate of Ajman, and to the north by the emirate of Ras Al Khaimah.