Buying a property any where in the world is daunting experience but what makes Dubai an even tougher one is the fact that there are so many various new developments on offer in newly developed areas which buyers don’t know how will these areas turn out to be. If you buy a property in community which has already established itself then you know what you can expect but buying off plan property is like buying a dream which may turn into a dream home or it can turn into a nightmare. Buying off plan is not for the weak hearted that’s why it should be left for those who are really willing and daring to take a chance on a vision.
If you decide to invest in this young market which is establishing itself as the best real estate market in the middle East then you should take your time and do some good research first, you will see that buying in Dubai may be a wise investment after all.
Dubai is a city that has to be seen to be believed. With government that uses creative thinking when it comes to building new resorts or approving daring architecture, it’s a place of change, excitement and growth. Billions of dollars have been pumped into its buildings, shopping and leisure facilities, making it one of the most desirable locations on the planet.
Even though developments on offer are many and different but then that can work to your advantage as you will always find something that can really suit you and your budget.
Dubai is already an incredibly popular tourist destination and if you’re looking for a property abroad with a difference, then Dubai is one of the first places you should look. It has a great climate all year round, although you are advised to go between October and May when the weather is at its best – the height of summer can be uncomfortable if you’re not used to it.
It’s not just the modern wonders of Dubai that attract attention. Ancient souks meander under the new glass towers and the remnants of trading in pearls and other goods contribute to the diverse culture and energy of Dubai.
If you decide to invest in this young market which is establishing itself as the best real estate market in the middle East then you should take your time and do some good research first, you will see that buying in Dubai may be a wise investment after all.
Dubai is a city that has to be seen to be believed. With government that uses creative thinking when it comes to building new resorts or approving daring architecture, it’s a place of change, excitement and growth. Billions of dollars have been pumped into its buildings, shopping and leisure facilities, making it one of the most desirable locations on the planet.
Even though developments on offer are many and different but then that can work to your advantage as you will always find something that can really suit you and your budget.
Dubai is already an incredibly popular tourist destination and if you’re looking for a property abroad with a difference, then Dubai is one of the first places you should look. It has a great climate all year round, although you are advised to go between October and May when the weather is at its best – the height of summer can be uncomfortable if you’re not used to it.
It’s not just the modern wonders of Dubai that attract attention. Ancient souks meander under the new glass towers and the remnants of trading in pearls and other goods contribute to the diverse culture and energy of Dubai.
1 comment:
Before deciding to buy property in Dubai, deliberate on the following imperative points:
1. Can u afford it?
2. Can u afford it if the interest payments change?
3. Can you afford the transaction costs?
4. What is the ongoing maintenance cost of your Dubai property and the communal areas-are they due to rise?
5. Do you need to purchase through an offshore company or Trust?
6.Does the developer allow you to sell the property when you like to whomever you like?
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