Dubai Introduces more Safety & Security for Overseas Investors.
Property investors in Dubai based overseas need to follow new guidelines in issuing power of attorney (PoA) rights to others when it comes to selling their units.
Starting this week, such property sellers must have bank accounts in the UAE to clear the cheques, according to industry sources. Cheques will only be accepted in the name of the property owner/seller – and no PoA names will be accepted for a property sale in Dubai……Click on Image to read article
