Welcome to Dubaiworld.com.au

Home

About Us

News

Projects

Portfolio

Contact

Property Search

City :
Project :
Price upto :

Welcome to Dubai World
DUBAI WORLD is a fast growing real estate services firm focused on delivering a comprehensive range of integrated services to clients. We offer a wide array of integrated and research-based services, leveraging several joint ventures and strategic alliances with major regional and international business partners.

Dubai Property Law

Dubai Mortgage Law

Foreign Ownership in UAE

Mortgage Law Exclude Property Granted

New Dubai law protects freehold buyers

New Mortgage Law to Regulate Real Esate Market

New Property laws in the pipeline

Property Law

RERA list of approved developers’ names

Trust Escrow Account Dubai

Dubai Property Market

Britons prefer Dubai as second home

Buying Home in Dubai

Buying Property In Dubai

Commercial Property Dubai

Dubai Investment Property

Dubai Property Rental

Leasing Property In Dubai

Property For Sale In Dubai

Real Estate Dubai-An Intro

Retail property market in Dubai

About Dubai

Banking In Dubai

Diplomatic missions of Dubai

Entry Visa Requirement

Free Zones in Dubai

Political history of UAE

Travel tips for UAE

Banking in Dubai

Dubaienjoys its role as a major business and commercial hub of the Middle East . Goes without saying, Dubai is berth to major Banks and Insurance companies from around the world. The UAE Central Bank is the primary regulatory authority. Federal law restricts foreign banks to no more than eight branches each and requires that every commercial bank must have a paid-up capital of at least Dh40 million. There are few investment or merchant banks at present. Under new rules issued in 1996 permission for establishment of representative offices of foreign banks will be granted by the UAE Central Bank provided that the capital of the parent bank is not less than Dh183.7 million (US$ 50 million) and such bank has been in operation in its home country for at least ten years. The UAE Government has set up the Emirates Industrial Bank, with the main objective of helping to develop the private sector. Companies can approach this bank for medium or long term industrial finance. Import and export financing can be arranged through the commercial banks. Leasing and hire purchase is available from local finance companies specializing in this business. Banks are open to the public from Saturday to Wednesday between 8 a.m. and 1 p.m. and from 8 a.m. to 12 noon on Thursday. Mashreq and Standard Chartered banks are also open from 4.30 p.m. to 6.30 p.m. Banks are closed on Fridays and public holidays.