Buyers Archives - 9xm News

Indian buyers warned: Using international credit cards for Dubai property payments, violates RBI rules | World News

Indian buyers using international credit cards for Dubai property risk violating FEMA, bypassing RBI’s $250,000 LRS, and facing penalties/Representative Image Indian buyers investing in overseas real estate, particularly in Dubai, have been cautioned against using international credit cards (ICCs) for down payments. Such transactions can violate Indian foreign exchange laws and attract serious legal and […]

Easier path to owning a home in Dubai: New scheme offers first-time buyers big discounts and flexible fees | World News

First-Time Home Buyer initiative aims to ease property ownership for UAE residents/Representative Image TL;DR: Dubai Land Department (DLD) launched the First-Time Home Buyer Programme on 2 July 2025, offering priority access, flexible payment plans, and up to 10% discounts on properties up to AED 5 million. Residents aged 18+, Emiratis or expatriates with valid Emirates […]

UAE: Can developers cancel off-plan property deals without court in Abu Dhabi? What buyers need to know | World News

Under Abu Dhabi’s new law, developers can cancel off-plan contracts without going to court, but only if the buyer materially defaults/ Image illustrated using AI for creative purposes TL;DR Developers can now terminate off-plan SPAs without court approval. Buyers must be in material default for cancellation to begin. A 60-day notice and DMT-mediated settlement process […]

Cheap parcels from China will no longer be duty-free. Here’s what it means for buyers and sellers | World News

NEW YORK: Consumers can expect higher prices and delivery delays when the Trump administration ends a duty-free exemption on low-value imports from China Friday. The expiration of the so-called de minimis rule that has allowed as many as 4 million low-value parcels to come into the US every day – mostly from China – is […]