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UAE emerges more confident

06.12.2014
UAE emerges more confident
In the past six months, it has flexed its military muscles for the first time, carrying out airstrikes in Libya and supported the US-led effort against the Islamic State in Iraq and Syria (Isis). The legacy of the UAE’s founder and first president Sheikh Zayed bin Sultan al-Nahyan is visible throughout the country. In 2014, the UAE is more comfortable than ever in its role as a leading power in the Middle East, a report in MEED read.
In the past six months, it has flexed its military muscles for the first time, carrying out airstrikes in Libya and supported the US-led effort against the Islamic State in Iraq and Syria (Isis).
While Sheikh Khalifa has presided over an almost seamless transition from his predecessor, the last decade has not been without its challenges.
As ruler of Abu Dhabi, Sheikh Khalifa was forced to bail-out Dubai to the tune of $20bn when the emirate’s property bubble burst amid an overwhelming debt crisis. He has also had to look at ways to distribute services to the poorer northern emirates.
The leader’s efforts to expand political participation have seen mixed results. Sheikh Khalifa introduced indirect elections to the Federal National Council and then expanded the number of citizens allowed to vote to more than 129,000. But turnout for the 2011 election was disappointing, and it is unclear how to promote political engagement among Emirati nationals.
With the current falling oil prices creating economic uncertainty, the president faces a new challenge to continue upwards momentum in the face of lower government revenues.
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Call management
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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management