Tuesday 5 November 2024
 
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MAG Group Properties

MEP costs warning for Dubai property owners

Owners of properties in the freehold areas of Dubai could be hit by major maintenance charges which should have been identified prior to purchase, according to the property management arm of a leading real estate developer. “Some owners ar

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Speculators 'dragging market down'

Speculators are now responsible for driving property prices below their ‘real’ values as investors pounce on distressed sales, said an UAE-based real estate expert. Mohammed Nimer, CEO of mid market property development company MAG Group P

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