Fractional ownership allows to invest in property without the large upfront cost by sharing ownership with others. It offers benefits like lower costs, portfolio diversification and flexibility with easier entry and exit compared to full ownership.

However, limited financing options, decisions need to be agreed upon by all owners and there may be restrictions on selling or property management are a few downsides. It’s essential to research potential returns and market trends before investing. Regulated companies in Dubai offer fractional ownership with a minimum investment of Dh500 and returns between 8% and 12%.

Q: What Should Be Done if Landlord is Not Responding to the Offer of Buying the Property?

If the landlord has served an eviction notice and is unresponsive to the offer, keep in mind that they can’t evict you and re-let the property without reason. If this happens, a complaint can be filed with the Rental Dispute Settlement Committee.

While delays are frustrating, the landlord or agent will likely respond as your lease nears its end. If you’re unable to purchase the property, be aware of your rights and monitor the situation for potential re-letting.