Introducing the Mollak System

With innovation leading the city’s progress, Dubai has introduced a platform that allows joint property owners and Dubai Land Department to regulate, pay, monitor and access property-related service charges. The Arabic translation for the word ‘owner’, Mollak was built by the Real Estate Regulatory Authority (RERA) to simplify home....

. <br><br> A new process that prioritises speed and convenience; the Mollak framework is intended to create 4 invoices every year, customarily one invoice per quarter based. Any outstanding balances will be uploaded onto the platform through the Owner Association (OA) manager (e.g. Kingfield, Saga

Global Investors Choose UAE Real Estate Market

The United Arab Emirates has become a focal point for property investors on an international scale as Medallion Associates, a real estate investment advisory company, reports that interest has spiked as a result of increased luxury property purchases across the country. The firm’s Chief Executive Officer, Masood Al Awar, states that th....

r-friendly policies and consistent real estate transactions despite the pandemic. <br><br> The country implemented swift and structured regulations in response to COVID-19, which garnered positive outcomes within the year and established the UAE as an attractive location for both investors and to