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UAE scores below average on living conditions

23.08.2014
Dubai ranked 78th out of 140 countries while Abu Dhabi ranked 79th, according to the 2014 edition of The Economist Intelligence Unit’s Global Liveability Index. Cities in the UAE have scored a below-average score in a global list ranking the cities with the best living conditions, it was announced on Tuesday.
According to Arabian Business, the 2014 edition of The Economist Intelligence Unit’s Global Liveability Index ranked Dubai 78th out of 140 cities around the world, scoring 74 points out of a possible 100.
Abu Dhabi was placed one position lower in 79th, scoring 73 points. The EIU report said the global average score was 75.33 points.
Last year, Dubai was ranked 77th and was named one of the most improved cities in the world.
Melbourne remained the most liveable location of the cities surveyed, followed by the Austrian capital, Vienna. Vancouver, which was the most liveable city surveyed until 2011, was ranked in third place.
Damascus in Syria was named the city with the worst living conditions in the world, with Dhaka, Bangladesh and Port Moresby, Papua New Guinea also in the bottom three.

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Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

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

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

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

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

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Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

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1 Week

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Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

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