Dubai real estate industry boasts an array of avant-garde properties; from villas and penthouses to apartments and townhouses. Sophisticated homes within communities and proximity to retail stores, entertainment hubs, and recreation facilities are available for sale with flexible payment options for UAE nationals and expats alike.Changes in Dubai real estate regulations have made it easy for anyone to...
Planning to tap into the Dubai real estate arena? If your answer is yes, then welcome aboard. Real estate investing in Dubai is a lucrative approach of making money and generate solid, consistent returns. Yes, the difference between a successful Dubai real estate investor from an unsuccessful one is the ability to acquire the first investment property the right way.Purchase your first property in...
Finding the right Dubai property advisor. The Dubai property market is very different from other countries in the world; making sure you have a Dubai real estate agent you trust to guide you through the process is crucial Understand the purchasing process In Dubai, property can be purchased either ‘off-plan’ from a developer or ‘resale’ from a private seller. When purchasing off-plan,...
Expats and other foreign nationals out of the UAE can now purchase residential real estate Dubai properties in freehold and leasehold areas. The purchasing process is fairly candid.In 2002, the Dubai government opened up the residential market to foreigners, and since then thousands of overseas buyers and expats alike have invested in the real estate market. Foreigners can own properties in leasehold...
If you asked those who have been residents of Dubai what they wished they knew before starting life in the emirates, is getting prepared beforehand. Luckily, unlike before, today there is a lot of information out there about Dubai and the way of life here. And so, you can equip yourself with information that will make your transition into this beautiful Arabian sea, a smooth sail.But first things...
When buying or selling a property in Dubai, people often factor in the current property value. Some factors influence the prices of property on either side of the price range, some of which include the health of the Dubai real estate market, location, and condition of the property. According to stats, property value tends to increase in a stable economy with a low unemployment rate and interest; and...
If it were possible, only a handful of us would dare spend a weekend on a ladder pulling out dirt off the ceiling. However, when your home is your biggest investment, as it is for many Dubai property owners. Home maintenance feels like an overwhelming process- especially if one is a new homeowner. But it does not have to be nerve-wracking. A home works in seasons in the United Arab Emirates, coming to...
The debate between renting versus buying has been ongoing since time immemorial. Some people would prefer to buy a real estate Dubai property over renting because of ownership. Also, there is no bureaucracy that comes with sorting out a massive number of properties to find a new one once the tenancy contract ends and the landlord does not want to renew. Dubai houses a range of residential...
Homebuyers must get mortgage pre-approval to verify their budget before shopping for properties to buy. Meanwhile, expats are required to pay a down payment of 25% of the value of a property that is worth at most Dh5 million.Gone are the days where the Dubai real estate market was dimmed to be volatile and unpredictable. Today, thousands have acquired properties in the city, thanks to the help of home...
For those expanding their investment portfolios and are venturing into real estate for the first time, the main concern is that the move would be risky and they may end up with untenable debt.Most new real estate investors do not understand the Dubai real estate market very well. On the contrary, investing in property, not a chancy proffer providing you are taking the right steps to get...
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