Escrow

Property Handover

The stage at which a completed or substantially completed property is formally delivered by the developer to the purchaser, subject to the applicable contractual and regulatory requirements.

Built-Up Area (BUA)

A commonly used UAE property measurement describing the total built-up floor area of a property, generally including the internal built structure and defined areas such as walls, subject to the measurement basis used.

Dubai Service Charge

Charges payable by owners of units in jointly owned property towards the management, operation, maintenance and upkeep of common areas and facilities.

Dubai Title Deed

An official document evidencing registered ownership of a property in Dubai, issued through the Dubai Land Department.

Ejari

Il sistema di registrazione dei contratti di locazione di Dubai, usato per registrare ufficialmente i contratti d'affitto e creare un registro ufficiale del rapporto tra locatore e conduttore.

Energy Performance Certificate (EPC)

A certificate showing the energy efficiency of a property, rated from A to G. An EPC is generally required when a property is marketed for sale or rent in England and Wales.