WHAT PROPERTY TO BUY

It is very important to understand the intent behind your purchase prior to discussing what property to buy. If you are searching for a family home as an end user as opposed to a solely Dubai Investment Real Estate, it is a rational decision and should not be motivated by emotion. It makes all the difference with that being said, if you are looking for a property as an end user, many of the factors that influence your option would be personal, such as the proximity of the property to your workplace & school for children, if you prefer living in a villa community or an apartment, etc. The aim of our team here is to help you find something that matches your requirements and meets your desired budget…

On the other hand, the game changes if you are looking for pure investment, and a lot comes down to the location that we can all settle on. What makes Dubai unique in this regard is that the city is constantly expanding with the construction of new mega communities in prime locations almost every year and early investment in one of these new ventures means you get in at a much lower rate, which almost guarantees good returns. With DLD & service charge discounts, certain new communities also have better payment plans. Another key point that is often ignored is to consider if your resale plan is 5 years from now or 20 years from now to research the efficiency, location and amenities of the project to see whether the project will be relevant and still hot in a few years. After researching the developer & asking your realtor for previous research cases & ventures, you should make a decision.

Completion

Dubai was the second most visited city before the Covid-19 pandemic began in 2019, considering the limited size of the city, ahead of the likes of Paris, London and Singapore. A big global interest from both visitors and investors, not to mention the increase in interest after the investor visa initiative was introduced by expats living in the country. At a fraction of the prices in other global cities, the city also offers luxury projects, and one of the best returns on investment. In addition, you don’t have to pay any rental income tax and you don’t pay any capital gains tax when it comes to selling your house, which would certainly reflect on your returns.

We’ve seen Dubai rise over the past 20 years, and it’s going to be fascinating to see what’s going to happen over the next 30 years. The pace and size of the growth of Dubai as a property investor should inspire you to add a slice of this pie to your portfolio.

If you are interested in learning more about the unique opportunities available in today’s market, feel free to get a free Real Estate Companies in Dubai with one of our real estate experts