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Alternative term for “landlord.”

“Lessee” is the alternative English term for “tenant”.

A bank or other financial institution that grants a loan for the purpose of acquiring real estate.

Variant of real estate purchase in Dubai in which the leaseholder acquires ownership of the real estate (buildings), but not the associated land. Typical leasehold terms in Dubai vary between ten and 99 years. A leasehold title can generally be transferred (e.g. by sale or inheritance) for the remaining term of the lease. The leasehold…

Lease agreement between the owner of a property and its tenant, which regulates in detail the use of the property by the tenant as well as the term and consideration (rent). In Dubai, the standardized Dubai Land Department document must be used as the basic contract. Additional agreements or clarifications are usually recorded in an…

The legal owner of a property in Dubai according to the Dubai Land Department register of owners, which is leased to a tenant.

Real Estate Register at the Dubai Land Department for properties acquired in Dubai off-plan and still under construction (see also “Oqood”).

For real estate financing in Dubai, lease-purchase is also eligible since 2019.  In the Emirate of Dubai, lease-purchase is implemented through a variant of Sharia-compliant real estate financing (variant of lease-purchase), in which the lender (landlord or seller) leases the property to the borrower (tenant or buyer) until the real estate loan is fully paid…

The Gross Rent Multiplier relates the price of a property to the gross rent that can be achieved, excluding current service charges. (Gross multiplier= property price / achievable gross rent). A lower multiplier implies a higher gross return on the real estate investment.

Variant of ownership title, where the owner acquires ownership of both the land and the buildings located on it for an indefinite period of time (in contrast to the so-called “leasehold”, where only ownership of the building, but not of the land, can be acquired). The title of ownership is registered in the property register…