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Top 10 Checklist Before Buying a Flat or Apartment in Dubai

Buying flats in Dubai is an experience unlike any other. With the city being one of the most desirable destinations for real estate investors worldwide, it is no wonder why so many people flock to this amazing place. And when you purchase a property in Dubai, you are investing not only in a piece of land or home, but also in all that the city has to offer.

When it comes to the legal side involved with purchasing a property in Dubai, the process is quite streamlined compared to other countries around the world. In most cases, https://kursy.certyfikatpolski.org/blog/index.php?entryid=43491 buyers enter into transactions with reputable developers who already have all necessary paperwork prepared and ready prior to signing contracts. This means buyers are well protected from any potential fraud or negligence on behalf of sellers as outlined by UAE laws as well as international law governing real estate transactions around the world.

Aside from legal matters surrounding your purchase here are other benefits that come with owning property in Dubai: tax-free income; no inheritance taxes; low cost of living; excellent infrastructure; an unbeatable climate; access to world-class amenities like shopping malls, healthcare facilities and educational institutions; and a business-friendly environment where entrepreneurs can thrive under optimal conditions. All these advantages make it easy to understand why more and more people choose Dubai as their preferred destination when searching for their perfect home abroad.

Detailed below is your home buying checklist for apartments https://657c6a3a9d8bb.site123.me/ in Dubai:

Objective

When looking to buy an apartment in Dubai, there are a few things that should be considered. Firstly, it is important to identify your objective. Are you looking to buy a new apartment as an investment or for personal use? Doing your research will help you decide what kind of property is best suited to your needs and budget.

Finances

Getting your finances in order is a key factor when purchasing a home. You need to consider the cost of the property and any additional fees such as title transfer costs, registration fees, etc. Consult with professionals such as financial advisors or loan officers to ensure that you have all the necessary information regarding mortgage terms and other financing options available.

Location

It is also important to consider what area of Dubai you are looking for an apartment in. Different areas may offer different amenities and prices for properties on sale. Consider the location carefully, such as access to public transport and shops, proximity to schools or universities if applicable, and whether or not there are any parks nearby. Furthermore, if you are buying an apartment off-plan consider whether there are any restrictions in place from the developer which may limit your ability to make changes/improvements later on down the line. Security and safety should also be taken into consideration when purchasing an apartment in Dubai; look for properties with security measures such as 24-hour guards, CCTV surveillance systems and secure entrances/exits. Check if there is good access control and fire safety measures at the building too. Be sure to inspect everything thoroughly and ask questions about any part of the building that may seem suspicious or out of date so that you can rest assured knowing that it is up to standard and safe environment for yourself or tenants living there.

Legalities

When it comes to actually buying a property in Dubai, it’s important to note that all transactions must be carried out through an approved real estate broker or agent. This is because all real estate transactions must comply with Dubai's laws and regulations; these are designed to protect both buyers and sellers alike and include rules such as those pertaining to deposits, title transfers and mortgage applications. The cost of the transaction will depend on various factors such as the size and location of your chosen property; typically speaking however there are several costs associated with buying a property in Dubai including: registration fees (1% of total value), transfer fees (2%), commission payable (2%) plus applicable taxes such as Value Added Tax (VAT). Additionally, if you take out a mortgage loan to help finance your purchase then there are additional costs associated with this too.

In terms of documents required for a successful purchase, you will generally need proof of identity (e.g passport) plus evidence of address such as utility bills or bank statements. You may also need additional paperwork depending on your situation such as marriage certificate, permit of trade etc., so it’s always better to consult with a professional before embarking on any major investment venture like this one. Finally, it’s important that you seek independent legal advice before entering into any agreement when purchasing a property within Dubai; this will ensure that your interests are fully protected from any potential disputes over ownership or other matters which may arise down the line.

Maintenance

Owning an apartment in Dubai comes with a number of maintenance fees that should be taken into consideration when considering purchasing a property. One of the most common fees is the service charge. Generally, this fee is paid annually and www.greatermoimaging.com covers the cost of managing the building, such as utilities, cleaning services, repairs and security.

There are also personal costs related to maintenance such as hiring cleaners or other housekeeping personnel that you may need to account for in your yearly budget. Additionally, if you are using any furniture or electrical appliances during your stay in Dubai then regular maintenance costs need to be factored in too. Make sure to take all these costs into consideration before deciding whether buying an apartment in Dubai is right for you!

Developers

Dubai is home to a wide variety of developers working on apartments and off-plan apartment projects. The city has seen an increasing demand for luxury residential units, which has led to the emergence of numerous companies offering high-end services in this area. These developers are dedicated to creating luxurious residences that will provide their customers with an exquisite living space and lifestyle. The top developers include Nakheel, Emaar, Sobha, Omniyat, Meraas, Damac and more!

Off-Plan

Do you want a ready-made or off-plan apartment? Off plan apartments offer numerous benefits that make them an attractive choice for many potential buyers. One of the main advantages of buying an off-plan apartment is the potential for great capital appreciation. As these properties are pre-built and located within well-established or upcoming areas, they tend to increase in value over time. This gives investors a good chance to get a return on their investment when they eventually sell, making them a great option for those looking to benefit financially from their purchase.

Evaluation

Price evaluation before purchasing property is an important aspect of any real estate transaction. This process involves evaluating the market value of a piece of property and understanding its potential as an investment or residence. It requires both objective and subjective analysis, as well as research into past sales activity, current market trends, local zoning regulations, and other factors.

Title Deed

Title deeds refer to the legal documents that prove ownership of a particular property, and they must be registered with the Land Department of Dubai at the time of purchase or sale. This process involves providing various documents, including proof of identity and residency, original title deed documents and transfer fees. In addition, it is also necessary to obtain permission from any existing mortgage lenders prior to transferring title deeds. The actual transfer begins after all required paperwork has been submitted and approved by the Land Department in Dubai. This will involve issuing an official request for registration, which can be done either in person or online through authorized government websites. Once this request has been accepted by officials from the Land Department, buyers will have their name officially registered as owners of the property in question.

Home Insurance

When looking for home insurance in Dubai, it is important to compare policies from different insurers and choose the most appropriate one. The best way to do this is by researching various companies online and checking their ratings and reviews. You should also take into consideration the sum insured, the deductibles, exclusions, special conditions and other benefits such as discounts and additional coverage offered. It’s important to read through the policy documents carefully so that you understand what is covered and what is not included in your plan.

 
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HOW TO DECIDE ON THE COLOR OF BRIDESMAIDS' DRESSES AT A WEDDING?

When preparing for their wedding day, newlyweds pay a lot of attention to choosing their outfits. But an important stage in the organization is also the purchase of dresses for young girlfriends, especially if it is a themed event.

You need to decide whether these will be the same dresses or just in the same style, what color to choose, decide on the fabric, cut and accessories. 

Therefore, we would like to immediately give advice: do not put off choosing dresses https://telegra.ph/Disney-Princess-Wedding-Dresses-12-16 for your bridesmaids until the last minute. Think in advance about what form the witnesses should be in, inform them and, if possible/necessary, help. 

Principles for choosing dresses for bridesmaids 

Choosing the color of bridesmaids' dresses photo

We will say “no” to white.

Witnesses must understand that the color white is taboo for them on this day. There isan unspoken dress code, according to the rules of which no one except the bride should appear at a wedding in a snow-white look. 

Black is also prohibited.

Despite the fact that this color is now in trend, it is better not to choose it for a wedding, moodle.spice-training.com especially for a young girlfriend. 

Still, we still believe thatblack is the color of mourning. Therefore, a bad impression of the witnesses may be formed. 

Colored accents.

When buying an outfit for a bridesmaid, it is better to pay attention to colored dresses. These can be delicate pastel colors or rich bright shades.

You shouldavoid dull and gloomy colors. After all, this is a holiday, girlfriends should evoke positive and joyful emotions with their images. 

Color solutions for young bridesmaids' dresses 

Choosing bridesmaid dresses by color photo

Plain outfits.

Often there are one or two bridesmaids at a wedding, sometimes many girls. It all depends on the theme of the celebration and the wishes of the bride.

To make the photographs more neat and original, to the witnesses< a i=5>it is better to wear dresses of the same color. However, the cut may differ. 

All the colors of the rainbow.

If there are a lot of girls, you can choose multi-colored outfits of the same style. Such rainbow images will help create a pleasant atmosphere. 

Several tones of the same color. 

Another popular option is to buy dresses in different shades of the same color. It's stylish, not boring and original. 

For example, you can choose lemon, beige, orange. Or lime, olive, light green, emerald. There are many such combinations. 

The most popular colors for wedding dresses as a bridesmaid 

In principle, there are no special prohibitions on the choice of colors for witnesses; in general, only white and black should be avoided. 

Bridesmaids can choose among pastel colors, such as noble beige, light pink, ivory, soft blue, lilac, golden, coffee and the like. 

Another option is these are bright and rich colors. Such a joyful holiday, so the bridesmaids would look quite appropriate in bright dresses. Choose the shades you like: red, purple, fuchsia, orange, light green, emerald, cobalt, sea green, coral, etc.

An important point: the bridesmaids should look beautiful, festive and stylish, but not overshadow the bride. After all, she is the main character of the day on this day.

You also need to think about shoes. These could beshoes that match the outfit, with all the girls having different shades. Or shoes of the same tone for moodle.spice-training.com all girlfriends, but different in color from the dress. 

Try to approach this issue responsibly and fit harmoniously into the theme of the event. The good mood of the witnesses is also very important.

 
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by Nam Saylors - Sunday, 24 December 2023, 12:14 AM
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Should you rent an apartment or villa in Dubai?

While Dubai boasts various types of residential properties, the apartments https://telegra.ph/What-to-consider-when-investing-in-UAE-apartments-12-15 and villas in the city continue to be the most popular with tenants. With these properties available in different styles, locations and budgets, residents can face a dilemma while renting an apartment or villa in Dubai.

If you’re deciding between living in an apartment vs villa in Dubai, we’ve rounded up some of the most important factors to consider before you make a decision.

THINGS TO CONSIDER ABOUT RENTING AN APARTMENT OR VILLA IN DUBAI

Before you decide between a stylish rental apartment in Dubai Marina or a spacious villa in Arabian Ranches, take a look at some of the most important factors that will influence your decision.

PRICE

Your budget is the most crucial factor in the decision on renting apartments vs villas in Dubai. On the whole, villas tend to command a higher rental price than apartments in Dubai. For instance, a 3-bedroom apartment for rent in Dubai Marina starts from AED 75k, as per current listings, www.camedu.org while a 3-bedroom rental villa in Mirdif has a starting price of AED 89k.

However, bear in mind that this can vary depending on the apartment tower or villa community. More budget-conscious tenants can find affordable villa communities in Dubai.

Thus, one of the first things to determine when making a decision between villas or apartments in Dubai, is how much you are willing to spend on your annual rent.

LOCATION

Location is another thing to keep in mind when renting apartments vs villas to rent in Dubai. While many areas in the emirate offer a diverse selection of rental properties, some areas are more limited. For instance, the older neighbourhood of Bur Dubai, known for its central location, almost exclusively offers apartments with only a handful of rental villas available. On the other hand, suburban communities such as Reem are only home to cosy villas and townhouses. However, other communities such as Palm Jumeirah, Jumeirah Village Circle and Dubai Silicon Oasis offer a mix of apartments, villas and townhouses.

Thus, whether you rent an apartment or villa in Dubai will also depend on your neighbourhood of choice. It’s a good idea to research the kind of properties available in your preferred areas, which you can do using our comprehensive Area Guides.

MAINTENANCE COSTS

When it comes to deciding between an apartment or villa, it’s not just the annual rent that you have to pay. You also have to take into account the additional apartment or villa expenses in Dubai, which can significantly vary.

The cost of maintaining a villa in Dubai is generally higher than that of an apartment. Since villas typically comprise of a bigger space, you are more likely to spend a higher amount on furnishing the property, than you would for an apartment. You will also likely incur higher costs for cleaning services as most villas in Dubai come with a backyard and many boast a private pool. Most residents of villa properties hire a gardener in addition to the house help to maintain their backyard.

Also bear in mind that your DEWA or utility bills will also be higher for villas, especially during the summer season, when the backyard requires plenty of water. Villas may also incur higher charges for many services; for instance, the security deposit to set up the DEWA connection for a villa is AED 4,000, while the same for an apartment is AED 2,000.

When calculating your budget, make sure to take these hidden costs and expenses into consideration, so you can make a fully-informed decision on renting an apartment or villa in Dubai.

LIFESTYLE

If you are debating between a ‘villa or apartment – which is better in Dubai’, it’s important to keep your lifestyle in mind. When considering these two property types, you’ll need to decide whether your priority is privacy or convenience. Apartment towers are typically more centrally-located and closer to leisure and commercial hubs.

On the other hand, villas are located in primarily residential areas or gated communities where amenities and entertainment may be located farther away. These villas for rent in Dubai may be ideal for families, solucx.com.br with a quiet environment to bring up the kids. However, a single professional looking to live close to their workplace or a couple wanting to be near restaurants, bars and entertainment options will prefer the convenience of apartment living.

If you would prefer a private outdoor space, a villa or townhouse would be the right choice for you. However, social butterflies may prefer apartment complexes, which offer residents more opportunities to socialise with their neighbours!

Popular villa communities such as Arabian Ranches or The Springs also house schools and nurseries, making them a good choice for families. However, budget-conscious tenants can also opt for apartments in integrated communities such as Dubai Sports City or Dubai Silicon Oasis, which feature both property types and also have schools in the area.

Ultimately, the choice between renting apartments vs villas in Dubai largely depends on your lifestyle.

VIEWS

While this may seem less important than the other factors on this list, surrounding views do contribute to the vibe and feel of your home! Some luxury apartments in Dubai come with unparalleled views for the lucky tenants to enjoy, although these do go for a higher rental price. You can choose the apartments in Jumeirah Beach Residence for sweeping views of the Arabian Ocean or the rental flats in Downtown Dubai for panoramic views of the city skyline.

On the other hand, tenants of most Dubai villas will enjoy charming views of their neighbourhood. Those willing to pay higher rents can experience lake or golf course views if they are living in a villa community. So, the choice between villas vs apartments in Dubai depends on your personal preference – do you enjoy views of sparkling cityscapes or idyllic lakes?

AMENITIES

So which is better – a villa or apartment in Dubai? You should look at the amenities and facilities you’ll have access to. Those who rely on public transport such as the Dubai Metro to commute to work will most definitely prefer an apartment, as nearly all villa communities are located further away from the metro line.

Apartment towers typically have an attached grocery store, salon or laundry service at the ground level or nearby. However, those living in independent villas will likely have to drive a short distance before they get to the nearest supermarket or mall. Similarly, gated villa communities will also feature a community centre with these facilities, which may not be so easily accessible on foot.

Finally, most apartment towers in Dubai offer access to shared facilities such as gymnasium, pool and play areas for kids, which may not be available in an independent, standalone villa. However, villa communities such as The Springs or The Lakes boast extensive facilities such as tennis and basketball courts, football grounds, jogging tracks and community lawns, although tenants can expect to pay more for these villas.

That’s our guide on choosing between Dubai apartments or villas for rent! As you can see, there are many factors to take into account when deciding between renting an apartment or villa in Dubai, especially your lifestyle and budget. We hope this article makes it easier for you to choose what is better – a villa or apartment for rent in Dubai. No matter whatever you choose, our list of movers and packers in Dubai will come in handy.

If you’re new to the city, discover more about life in Dubai and what this vibrant place offers for different age groups. Here is a comprehensive guide on the cost of living in Dubai to help you determine the amount you need to spend a comfortable life in the city.

Thinking of taking the plunge towards homeownership? You can consider investing in off-plan properties in Dubai, which offer affordable payment plans and the opportunity for capital appreciation. You can take a look at some of the most notable off-plan developments by Emaar or upcoming projects by Dubai Properties, both of which are reputed developers in the emirate.

 
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by Lincoln Utley - Sunday, 24 December 2023, 12:14 AM
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WHAT TO WEAR TO A WEDDING IF YOU ARE A GUEST?

This is one of the first questions that comes to mind the moment we receive such a beautiful and delicate envelope with a wedding invitation. 

And, be it a wedding of close relatives or distant, acquaintances or close friends, we want to look beautiful and modern in any case. 

At such moments, a “box” opens in your head, which needs to be filled with the necessary information. To have an idea and understanding of how you will look and what your outfit will be.

Important factors to consider when choosing an outfit 

First of all, you need to know whether there is a dress code at the wedding https://telegra.ph/Disney-Princess-Wedding-Dresses-12-16. This is usually indicated in the invitation. The color scheme, wedding style or the bride’s wish - “not to be in white” may be indicated.

And of course, where the celebration will take place. Whether it’s a restaurant or an outdoor moodle.spice-training.com ceremony in a field, it’s better to wear different shoes in such places.

Let's assume there are no restrictions and you can wear whatever you want.

The main trend now for any style of clothing is naturalness, naturalness (this applies to both colors and materials) and < a i=3>comfort.

Plus, the Pantone Color Institute offered us the following colors for the fashion world for the 2020/21 season, as you see in the image below:

Color Institute fashion colors 2020 photo

What you should definitely not wear to a wedding

Better say NO:

Full skirts. Instead, it is better to wear flowing ones made of light or warmer fabrics, as well as A-line skirts and pencil skirts.

Micro, mini, deep neckline. According to the rules of etiquette,these are the things you should avoidif you are invited to a wedding.

Shapeless "bags". They do not adorn any figure.

Large flowers. A print that suits few people and often makes the image simpler.

A huge number of ruffles and http://edudoctors.com/blog/index.php?entryid=31725 frills. Their relevance is in the past.

Beach dresses and sundresses. Here it is worth remembering about relevance.

 

What you should definitely not wear to a wedding photo

What to look for when choosing a wedding dress

If your goal is to look modern and stylish, pay attention to:

Puffy sleeves and high shoulders.

What you should pay attention to at a wedding photo

 

Wrap dresses or blouses. These models emphasize the waist and chest, visually lengthen the legs and make the silhouette slimmer.

 

Dresses in linen style. You can throw a jacket over your shoulders on top and don’t forget to decorate it and highlight your beautiful neck or thin wrists with accent jewelry.

 

If you are not entirely comfortable in dresses or skirts, an excellent option would be palazzo pants or even knee-length Bermuda shorts. You complement them with blouses, accessories, put on shoes, take a clutch in your hands, and the image can become softer and more feminine than a dress. 

Women's trouser suit for wedding photo

What should a male guest wear to a wedding?

Here the choice becomes a little easier. Especially if you are going as a couple and the girl already knows her outfit. For men,the most versatile option is a suit. Taking into account the characteristics of your figure, the color scheme and style of your couple at the wedding, you select the appropriate set. But don't limit yourself to just a classic suit. 

What to wear to a wedding guest photo

Men can choose the following options:

Classic two or three piece suit.

Pants set with a shirt and vest.

Pants with a shirt.

Casual style suit (loose style).

If the wedding format allows, a man can come in jeans and a jacket.

 

What to wear for a man to a wedding photo

Knowing these tips, which are described above, choosing an outfit for a wedding becomes much easier. Is it true?

Don't forget also that accessories play a very important role in any look. Even the most beautiful dress can be ruined by bad shoes, a bag or out-of-date jewelry.

Accessories for wedding guests photo

And finally, I suggest you listen to yourself and understand what impression you want to make at the holiday. Let your image be comfortable and reflect your inner feelings!

 
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How to Choose the Perfect Luxury Apartment in Dubai

If you're looking for a luxury apartment in Dubai https://apartmentsuae.blogspot.com/2023/12/how-profitable-it-is-to-invest-in-uae.html, there are a few things to consider before making a final decision. From the location to the amenities, choosing the right luxury apartment requires careful consideration. In this blog, experts will discuss the key factors that should influence your decision and guide you in choosing the perfect luxury apartment in Dubai.

 1. Location

 The first factor to consider when choosing a luxury apartment in Dubai is location. Dubai is known for its luxurious lifestyle, and there are many high-end neighborhoods to choose from. For example, if you're looking for a beachfront property, you might consider apartments in Dubai Marina, Palm Jumeirah, or JBR. On the other hand, if you prefer a quieter neighborhood, you might look at apartments in Emirates Hills, The Lakes, or Jumeirah Golf Estates.

 When choosing the location, consider your lifestyle, your commute, and your family's needs. If you have kids, for example, you might want to choose an apartment that's close to good schools or parks. Similarly, if you work in a specific area, you might want to choose an apartment that's within easy commuting distance.

 2. Amenities

 Luxury apartments in Dubai offer a range of amenities, from swimming pools and gyms to concierge services and 24-hour security. When choosing an apartment, consider the amenities that are most important to you. Do you want a gym or a swimming pool? Would you like to have a concierge service or a 24-hour security guard? Some luxury apartments in Dubai even offer private beaches, golf courses, and yacht berths.

 Additionally, consider the amenities that are in the surrounding area. Are there good restaurants and cafes nearby? Are there parks and green spaces for you to enjoy? Do you have access to shopping centers and supermarkets? Do you have access to the nearest Airports? Must think about health facilities including the nearest hospitals and search for the best nearest schools for the kids. Are there sports & leisure complexes to spend your time in sports activities? All of these factors can influence your decision when choosing a luxury apartment in Dubai.

 3. Size and Layout

 The size and layout of the apartment are also important factors to consider. When choosing a luxury apartment, think about the number of bedrooms and bathrooms you need, as well as the size of the living area and kitchen. If you have a large family, you might need a bigger apartment with more bedrooms and bathrooms. If you like to entertain, you might want a large living area and a spacious kitchen.

 Additionally, consider the layout of the apartment. Does it have an open-plan living area, or is it more traditional with separate rooms? Is there a balcony or terrace for you to enjoy the view? Does the apartment get a lot of natural light? These factors can all influence how comfortable you feel in your luxury apartment in Dubai.

 5. Views

 The views from your luxury apartment can be a major selling point. Whether you want to wake up to a view of the sea, the city skyline, or the mountains, there are plenty of options to choose from in Dubai. However, it's important to consider the direction your apartment faces, as this can affect the amount of sunlight you get and the level of noise you experience.

Additionally, consider the floor http://www.greatermoimaging.com/question/top-10-checklist-before-buying-a-flat-or-apartment-in-dubai the apartment is on. Higher floors generally offer better views, but they can also be more expensive. If you have a fear of heights, you might prefer a lower floor. Ultimately, the views from your luxury apartment can add to the overall enjoyment of your living experience in the UAE.

 6. Parking

 If you have a car, parking is an important consideration when choosing a luxury apartment in Dubai. Most apartments offer dedicated parking spaces, but some buildings have limited parking, which can be an issue if you have more than one car. Additionally, consider the location of the parking space. Is it nearing the elevator or stairs, or is it far away? Is the parking secure and monitored?

 In conclusion, choosing the perfect luxury apartment in Dubai requires careful consideration of various factors. The location of the apartment is crucial, as it determines the lifestyle, commute, and accessibility to amenities. The amenities offered by the apartment and the surrounding area should align with your preferences and requirements, such as swimming pools, gyms, concierge services, and nearby restaurants or shopping centers. The size and layout of the apartment should cater to your family's needs and preferences, with enough bedrooms, bathrooms, a living area, and natural light. The views from the apartment, including the direction and floor level, can greatly impact your living experience in Dubai. Lastly, parking facilities should be assessed, taking into consideration the number of cars you have and the convenience and security of the parking space.

When choosing a luxury apartment in Dubai, it's essential to strike a balance between your lifestyle preferences, comfort, and practicality. It's recommended to thoroughly research and https://ilanlarim1.xyz/author/roxanne88o/ visit multiple apartments to make an informed decision. guide provides valuable insights into the key factors that should influence your decision, ensuring that you choose the perfect luxury apartment that aligns with your needs and desires.

Investing time and effort in selecting the right luxury apartment in Dubai can greatly enhance your quality of life and contribute to a fulfilling living experience in this vibrant and dynamic country. Dubai is renowned for its luxurious lifestyle, and with careful consideration of the factors discussed in this guide, you can find your dream luxury apartment that meets your expectations and provides you with the ultimate living experience. Whether you prioritize the location, amenities, size and layout, views, or parking facilities, guide serves as a comprehensive resource to help you make an informed decision and choose the perfect luxury apartment in Dubai.

 
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by Melisa Crace - Sunday, 24 December 2023, 12:13 AM
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How to Successfully Invest in Dubai Real Estate

As an investor looking to diversify your portfolio, you may want to consider Dubai’s booming real estate market. Dubai has become a global hub for business, tourism, and trade, resulting in a high demand for property. With its tax-free environment, strong infrastructure, and business-friendly government, Dubai offers attractive opportunities for real estate investment https://realestate2uae.blogspot.com/2023/12/top-5-reasons-to-buy-real-estate-in-uae.html.

However, Investing in real estate in Dubai can be very rewarding if you research, find the right property, and follow the proper steps. This article provides an overview of how to invest in the Dubai real estate market successfully.

What Are the Best Areas to Invest in Dubai?

When investing in Dubai real estate, some areas offer more promising opportunities than others. As Dubai continues to expand edudoctors.com and develop new communities, the best places to invest are where growth and value appreciation are most likely.

Downtown Dubai and the Dubai Marina are two of the most popular and affluent areas that attract investors and residents. Properties there, especially apartments and villas, have demonstrated stable growth over the years. The world-famous Palm Jumeirah, an artificial archipelago shaped like a palm tree, is also an attractive location for investment. Luxury properties on the Palm have significantly increased in value since its development.

For those interested in up-and-coming areas, consider Dubai Hills Estate, Dubai South (previously Dubai World Central), and Dubailand. These master-planned communities are still being built out but offer spacious villas and townhouses at lower prices for investors to get in early. Property values will likely rise substantially as more amenities and infrastructure come online over the next decade.

Dubai real estate

Areas surrounding the Expo 2020 Dubai site, now repurposed as District 2020, also present an exciting opportunity. The 4.5 million square foot site aims to become a “15-minute city” with everything residents need within a short commute. The area is poised for significant growth and redevelopment in the coming years that will positively impact housing prices.

The premier established areas of Downtown Dubai, Dubai Marina, and Palm Jumeirah, as well as the up-and-coming master-planned communities surrounding them, are your best options for real estate investment in Dubai. Conduct thorough research on current market prices, growth trends, and future development plans to determine the properties that align with your investment goals. With proper due diligence, Dubai’s real estate market can offer attractive returns for investors seeking capital appreciation and https://carthageimmobiliere.com/author/hykneva181/ stable income.

Tips for Successfully Investing in Dubai Real Estate

To successfully invest in Dubai real estate, there are several essential tips to keep in mind:

Do Your Research

Before investing in any property, conduct thorough research on the Dubai real estate market and the specific area and development you’re interested in. Study historical prices, rental yields, and future growth projections. Check what amenities and infrastructure are planned for the area. The more you know about the market, the better informed your investment decision will be.

Consider the Property Type

Dubai offers opportunities to invest in residential properties like apartments and villas and commercial properties like retail space, offices, and warehouses. Residential properties generally offer higher rental yields, but commercial properties often appreciate faster value. Choose a property type that matches your investment goals.

Focus on Prime Locations

Properties in prime locations, especially in central areas of Dubai like Downtown Dubai, Business Bay, and Dubai Marina, tend to hold their value well and achieve the best rental yields and capital gains. While prices in prime locations are higher, the rewards are potentially more significant. Properties in secondary locations or suburban areas can be riskier.

Work with a Licensed Broker

Navigating Dubai’s real estate market can be complicated, especially for foreign investors. Work with a broker licensed by the Real Estate Regulatory Authority (RERA) who has experience helping overseas buyers. They can guide you through the buying process, handle paperwork, and help you avoid common pitfalls. But be sure also to do your research to make an informed choice.

Consider Financing Options

While buying property in Dubai is straightforward for cash buyers, getting a mortgage can be challenging for foreigners. Work with banks that offer mortgages to non-residents, such as Emirates NBD or Mashreq Bank. Be prepared to put at least 25-30% down and pay higher interest rates than residents. If possible, consider buying in cash to avoid financing issues and get a better price from sellers.

Following these tips will set you up for success as a real estate investor in Dubai. Do thorough research, choose a property and location wisely, work with a reputable broker, explore your financing options, and invest for the long term. With prudent decision-making, Dubai’s real estate market can offer solid returns.

Pros and Cons of Investing in Dubai Real Estate

Investing in Dubai real estate can be highly rewarding but also poses some risks to be aware of.

Advantages

Dubai’s property market has experienced substantial growth over the past decade. According to research, the value of properties in Dubai has increased by over 50% in the last 5 years alone. This upward trend is expected to continue due to Dubai’s status as a global business hub, increased tourism, and preparation to host World Expo 2020.

Owning property in Dubai also provides stable rental income and attractive returns on investment. Rental yields in Dubai average 5-7% per annum, higher than in many developed markets. Dubai’s tax-free environment means you can achieve high net rental and capital returns.

Dubai real estate is a tangible asset that can hedge against inflation and currency devaluation. Property is a real asset that tends to hold its value during economic downturns and financial uncertainty.

Disadvantages

Dubai’s property market is cyclical, and values can drop during economic slowdowns and downturns. There is a risk of oversupply in some sectors, like residential apartments, which may impact rental and capital returns.

Transaction and ownership costs in Dubai are significant. In addition, to purchase price, you need to budget for broker fees, transfer fees, annual maintenance fees, and high-interest rates if financing the purchase.

Dubai’s legal and regulatory environment is still developing. Although improving, the processes for purchasing, selling, and managing property in Dubai can be ambiguous and complex. Engaging legal counsel to help you understand your rights and responsibilities as an owner or investor is advisable.

While the pros of investing in Dubai real estate are compelling, go in with realistic expectations by understanding the potential downsides. With prudent due diligence and risk management, Dubai property can be an attractive investment for the long term.

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What to Look Out for When Buying Property in Dubai?

When you invest in Dubai real estate, several factors must be considered to ensure a successful purchase.

Location

Choose a property in an area with solid demand and opportunities for growth. Look at infrastructure developments planned for the neighborhood that could positively impact real estate values, like new roads, amenities, or public transit. Also, consider proximity to schools, healthcare facilities, retail outlets, and recreational facilities.

Developer Reputation

Do thorough research on the developer’s track record and experience. Examine other projects they have completed to assess build quality and timely delivery. Check if the developer is registered with the Real Estate Regulatory Agency (RERA) and verify they have a valid trade license. Developer credibility is key to a sound investment.

Payment Plan

Evaluate the payment plan offered by the developer. Consider plans that provide maximum flexibility with minimum upfront payments, especially for off-plan properties. Off-plan purchases often come with attractive payment plans spread over the construction period, with the final payment not due until handover. This allows you to invest now while prices are lower and pay over time.

Handover Terms

Check the handover terms in the sales and purchase agreement (SPA) for off-plan buys to ensure the property will be delivered within the committed timeline. Late delivery could result in penalty fees for the developer and diminished returns for investors. The SPA should also specify fixtures, finishes, and amenities to be provided to safeguard your investment.

Capital Growth Prospects

Assess the potential for value appreciation of the property over the long term based on factors like comparable properties, demand-supply dynamics, infrastructure growth, and developer brand. Aim for areas and properties with strong fundamentals that could generate healthy capital gains and higher rental yields.

Rental Demand

If buying for investment purposes, evaluate the expected rental demand and yields. Property types and areas with historically high occupancy and rental rates will likely continue to generate solid rentals and returns. On-site amenities, views, and proximity to critical locations also impact rental potential.

By thoroughly evaluating these critical aspects, you can make a well-informed real estate investment decision in Dubai with higher chances of success. Conducting due diligence and working with a reputable brokerage will help you navigate the Dubai property market and find an investment that suits your needs.

 
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How to Choose the Perfect Luxury Apartment in Dubai

If you're looking for a luxury apartment in Dubai https://uaeapartments.mystrikingly.com/, there are a few things to consider before making a final decision. From the location to the amenities, choosing the right luxury apartment requires careful consideration. In this blog, experts will discuss the key factors that should influence your decision and guide you in choosing the perfect luxury apartment in Dubai.

 1. Location

 The first factor to consider when choosing a luxury apartment in Dubai is location. Dubai is known for its luxurious lifestyle, and there are many high-end neighborhoods to choose from. For example, if you're looking for a beachfront property, you might consider apartments in Dubai Marina, Palm Jumeirah, or JBR. On the other hand, if you prefer a quieter neighborhood, you might look at apartments in Emirates Hills, The Lakes, or Jumeirah Golf Estates.

 When choosing the location, consider your lifestyle, your commute, and your family's needs. If you have kids, for example, you might want to choose an apartment that's close to good schools or parks. Similarly, if you work in a specific area, you might want to choose an apartment that's within easy commuting distance.

 2. Amenities

 Luxury apartments in Dubai offer a range of amenities, from swimming pools and gyms to concierge services and 24-hour security. When choosing an apartment, consider the amenities that are most important to you. Do you want a gym or http://www.greatermoimaging.com/ a swimming pool? Would you like to have a concierge service or a 24-hour security guard? Some luxury apartments in Dubai even offer private beaches, golf courses, and yacht berths.

 Additionally, consider the amenities that are in the surrounding area. Are there good restaurants and cafes nearby? Are there parks and green spaces for you to enjoy? Do you have access to shopping centers and supermarkets? Do you have access to the nearest Airports? Must think about health facilities including the nearest hospitals and search for the best nearest schools for the kids. Are there sports & leisure complexes to spend your time in sports activities? All of these factors can influence your decision when choosing a luxury apartment in Dubai.

 3. Size and Layout

 The size and layout of the apartment are also important factors to consider. When choosing a luxury apartment, think about the number of bedrooms and bathrooms you need, as well as the size of the living area and kitchen. If you have a large family, you might need a bigger apartment with more bedrooms and bathrooms. If you like to entertain, you might want a large living area and a spacious kitchen.

 Additionally, consider the layout of the apartment. Does it have an open-plan living area, or is it more traditional with separate rooms? Is there a balcony or terrace for you to enjoy the view? Does the apartment get a lot of natural light? These factors can all influence how comfortable you feel in your luxury apartment in Dubai.

 5. Views

 The views from your luxury apartment can be a major selling point. Whether you want to wake up to a view of the sea, the city skyline, or the mountains, there are plenty of options to choose from in Dubai. However, it's important to consider the direction your apartment faces, as this can affect the amount of sunlight you get and the level of noise you experience.

Additionally, consider the floor the apartment is on. Higher floors generally offer better views, but they can also be more expensive. If you have a fear of heights, you might prefer a lower floor. Ultimately, the views from your luxury apartment can add to the overall enjoyment of your living experience in the UAE.

 6. Parking

 If you have a car, parking is an important consideration when choosing a luxury apartment in Dubai. Most apartments offer dedicated parking spaces, but some buildings have limited parking, which can be an issue if you have more than one car. Additionally, consider the location of the parking space. Is it nearing the elevator or stairs, or is it far away? Is the parking secure and monitored?

 In conclusion, choosing the perfect luxury apartment in Dubai requires careful consideration of various factors. The location of the apartment is crucial, as it determines the lifestyle, commute, and accessibility to amenities. The amenities offered by the apartment and https://houghie.com/ the surrounding area should align with your preferences and requirements, such as swimming pools, gyms, concierge services, and nearby restaurants or shopping centers. The size and layout of the apartment should cater to your family's needs and preferences, with enough bedrooms, bathrooms, a living area, and natural light. The views from the apartment, including the direction and floor level, can greatly impact your living experience in Dubai. Lastly, parking facilities should be assessed, taking into consideration the number of cars you have and the convenience and security of the parking space.

When choosing a luxury apartment in Dubai, it's essential to strike a balance between your lifestyle preferences, comfort, and practicality. It's recommended to thoroughly research and visit multiple apartments to make an informed decision. guide provides valuable insights into the key factors that should influence your decision, ensuring that you choose the perfect luxury apartment that aligns with your needs and desires.

Investing time and effort in selecting the right luxury apartment in Dubai can greatly enhance your quality of life and contribute to a fulfilling living experience in this vibrant and dynamic country. Dubai is renowned for its luxurious lifestyle, and with careful consideration of the factors discussed in this guide, you can find your dream luxury apartment that meets your expectations and provides you with the ultimate living experience. Whether you prioritize the location, amenities, size and layout, views, or parking facilities, guide serves as a comprehensive resource to help you make an informed decision and choose the perfect luxury apartment in Dubai.

 
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by Nam Saylors - Sunday, 24 December 2023, 12:12 AM
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Should you rent an apartment or villa in Dubai?

While Dubai boasts various types of residential properties, the apartments https://apartmentsuae.blogspot.com/2023/12/how-profitable-it-is-to-invest-in-uae.html and villas in the city continue to be the most popular with tenants. With these properties available in different styles, locations and budgets, residents can face a dilemma while renting an apartment or villa in Dubai.

If you’re deciding between living in an apartment vs villa in Dubai, we’ve rounded up some of the most important factors to consider before you make a decision.

THINGS TO CONSIDER ABOUT RENTING AN APARTMENT OR VILLA IN DUBAI

Before you decide between a stylish rental apartment in Dubai Marina or a spacious villa in Arabian Ranches, take a look at some of the most important factors that will influence your decision.

PRICE

Your budget is the most crucial factor in the decision on renting apartments vs villas in Dubai. On the whole, villas tend to command a higher rental price than apartments in Dubai. For instance, a 3-bedroom apartment for rent in Dubai Marina starts from AED 75k, as per current listings, while a 3-bedroom rental villa in Mirdif has a starting price of AED 89k.

However, bear in mind that this can vary depending on the apartment tower or villa community. More budget-conscious tenants can find affordable villa communities in Dubai.

Thus, one of the first things to determine when making a decision between villas or apartments in Dubai, is how much you are willing to spend on your annual rent.

LOCATION

Location is another thing to keep in mind when renting apartments vs villas to rent in Dubai. While many areas in the emirate offer a diverse selection of rental properties, some areas are more limited. For instance, the older neighbourhood of Bur Dubai, known for its central location, almost exclusively offers apartments with only a handful of rental villas available. On the other hand, suburban communities such as Reem are only home to cosy villas and townhouses. However, other communities such as Palm Jumeirah, Jumeirah Village Circle and Dubai Silicon Oasis offer a mix of apartments, villas and townhouses.

Thus, whether you rent an apartment or villa in Dubai will also depend on your neighbourhood of choice. It’s a good idea to research the kind of properties available in your preferred areas, which you can do using our comprehensive Area Guides.

MAINTENANCE COSTS

When it comes to deciding between an apartment or villa, it’s not just the annual rent that you have to pay. You also have to take into account the additional apartment or villa expenses in Dubai, www.greatermoimaging.com which can significantly vary.

The cost of maintaining a villa in Dubai is generally higher than that of an apartment. Since villas typically comprise of a bigger space, you are more likely to spend a higher amount on furnishing the property, than you would for an apartment. You will also likely incur higher costs for cleaning services as most villas in Dubai come with a backyard and many boast a private pool. Most residents of villa properties hire a gardener in addition to the house help to maintain their backyard.

Also bear in mind that your DEWA or utility bills will also be higher for villas, especially during the summer season, https://olimpia.pe when the backyard requires plenty of water. Villas may also incur higher charges for many services; for instance, the security deposit to set up the DEWA connection for a villa is AED 4,000, while the same for an apartment is AED 2,000.

When calculating your budget, make sure to take these hidden costs and expenses into consideration, so you can make a fully-informed decision on renting an apartment or villa in Dubai.

LIFESTYLE

If you are debating between a ‘villa or apartment – which is better in Dubai’, it’s important to keep your lifestyle in mind. When considering these two property types, you’ll need to decide whether your priority is privacy or convenience. Apartment towers are typically more centrally-located and closer to leisure and commercial hubs.

On the other hand, villas are located in primarily residential areas or gated communities where amenities and entertainment may be located farther away. These villas for rent in Dubai may be ideal for families, with a quiet environment to bring up the kids. However, a single professional looking to live close to their workplace or a couple wanting to be near restaurants, bars and entertainment options will prefer the convenience of apartment living.

If you would prefer a private outdoor space, a villa or townhouse would be the right choice for you. However, social butterflies may prefer apartment complexes, which offer residents more opportunities to socialise with their neighbours!

Popular villa communities such as Arabian Ranches or The Springs also house schools and nurseries, making them a good choice for families. However, budget-conscious tenants can also opt for apartments in integrated communities such as Dubai Sports City or Dubai Silicon Oasis, which feature both property types and also have schools in the area.

Ultimately, the choice between renting apartments vs villas in Dubai largely depends on your lifestyle.

VIEWS

While this may seem less important than the other factors on this list, surrounding views do contribute to the vibe and feel of your home! Some luxury apartments in Dubai come with unparalleled views for the lucky tenants to enjoy, although these do go for a higher rental price. You can choose the apartments in Jumeirah Beach Residence for sweeping views of the Arabian Ocean or the rental flats in Downtown Dubai for panoramic views of the city skyline.

On the other hand, tenants of most Dubai villas will enjoy charming views of their neighbourhood. Those willing to pay higher rents can experience lake or golf course views if they are living in a villa community. So, the choice between villas vs apartments in Dubai depends on your personal preference – do you enjoy views of sparkling cityscapes or idyllic lakes?

AMENITIES

So which is better – a villa or apartment in Dubai? You should look at the amenities and facilities you’ll have access to. Those who rely on public transport such as the Dubai Metro to commute to work will most definitely prefer an apartment, as nearly all villa communities are located further away from the metro line.

Apartment towers typically have an attached grocery store, salon or laundry service at the ground level or nearby. However, those living in independent villas will likely have to drive a short distance before they get to the nearest supermarket or mall. Similarly, gated villa communities will also feature a community centre with these facilities, which may not be so easily accessible on foot.

Finally, most apartment towers in Dubai offer access to shared facilities such as gymnasium, pool and play areas for kids, which may not be available in an independent, standalone villa. However, villa communities such as The Springs or The Lakes boast extensive facilities such as tennis and basketball courts, football grounds, jogging tracks and community lawns, although tenants can expect to pay more for these villas.

That’s our guide on choosing between Dubai apartments or villas for rent! As you can see, there are many factors to take into account when deciding between renting an apartment or villa in Dubai, especially your lifestyle and budget. We hope this article makes it easier for you to choose what is better – a villa or apartment for rent in Dubai. No matter whatever you choose, our list of movers and packers in Dubai will come in handy.

If you’re new to the city, discover more about life in Dubai and what this vibrant place offers for different age groups. Here is a comprehensive guide on the cost of living in Dubai to help you determine the amount you need to spend a comfortable life in the city.

Thinking of taking the plunge towards homeownership? You can consider investing in off-plan properties in Dubai, which offer affordable payment plans and the opportunity for capital appreciation. You can take a look at some of the most notable off-plan developments by Emaar or upcoming projects by Dubai Properties, both of which are reputed developers in the emirate.

 
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SHOULD YOU CHOOSE A WHITE DRESS FOR YOUR SECOND WEDDING

In the modern world, women have finally gained freedom of choice and got rid of prejudices. Therefore, second marriages are now more common. 

When the bride is preparing for her second wedding, she is faced with the difficulty of choosing: to have a modest celebration or a magnificent wedding, to invite guests or to spend the day together, to wear a white wedding dress https://telegra.ph/Disney-Princess-Wedding-Dresses-12-16 or give preference to another shade.

What do traditions say? 

The traditional view of the situation is that white is a symbol of purity and innocent nature. Accordinglyonly a girl going down the aisle for the first timecan afford a wedding dress of this color.

Is it possible to wear a white dress to a second wedding photo

In addition, Old Believers consider it unacceptable to wear a dress that is too fluffy or bright. Tradition presupposes a modest outfit without unnecessary pomp. 

And most of all, adherents of the traditional view condemn brides for wanting to wear a white veil for their second wedding. Again, due to the fact that this accessory symbolizes innocence and maiden purity. 

Should we adhere to these views and believe in superstitions? It's up to you to decide.

Modern view of the situation 

Nowadays, fewer and fewer brides pay attention to the tradition of not wearing white for their second wedding. People have freed themselves from boundaries and prohibitions. 

Therefore, now you can meet brides who are not walking down the aisle for the first time, but have chosen a snow-white outfit for the celebration. For datacesspro.com example, if at the first wedding it was not possible to realize some ideas, then the second chance should not be missed for this purpose. 

White dress at the second wedding photo

It happens that the first marriage did not last long or then it was not possible to organize a real wedding. If you still have unfulfilled dreams about a white wedding dress, then you should not rely on stereotypes and give up your true desires. In modern society, a bride will not be judged for her snow-white wedding dress, or even for her veil at the second wedding. 

However, more often there are cases when girls choose different shades of outfits for their second wedding. These can be either pastel shades or quite rich, bright, juicy shades.

The following shades are popular: powdery, light gray, pink, lilac. And also red, blue, emerald, sometimes black.

If you can’t decide whether to choose a snow-white dress for your second wedding, you can make a compromise: choose an outfit with a combination of white and another shade. 

If you decide to choose white for your second wedding, there are several options:

A snow-white outfit, http://www.ciroma.org/ but a modest style;

This option is chosen most often by brides. In order not to look frivolous, but at the same time create an image of this color, you need to buy a dress with a simple, laconic cut. Perhaps a shortened version, retro style. Or just a straight silhouette without unnecessary decoration. 

A colored dress combined with white accessories;

This is the golden mean between a formal look and a traditional look at the situation. 

A light outfit combined with bright accessories;

Conversely, if you still want to wear a white dress, but there are concerns about the appropriateness of this color, then you can dilute the look with colored details. 

Traditional white dress with a full skirt. 

If at your first wedding you didn’t have the opportunity to be a princess, but such a dream remains, then close your eyes to stereotypes and live the way you want. 

And remember that you have one life. People's opinions are not as important as your own feelings and happiness. Finally, the world is moving away from rigid boundaries, prejudices and stereotypes. Women are free in their choice.

 
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by Melisa Crace - Sunday, 24 December 2023, 12:12 AM
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Factors to consider when buying a home in Dubai

Are you considering taking the leap from tenant to homeowner? It goes without saying that you are about to make one of the biggest commitments of your life – both financially and emotionally. To ensure the process is as rewarding and as smooth as possible, we outline the most important factors to consider so you can kick-start your journey.

What to consider

Tenure: How long have you been in Dubai https://telegra.ph/Why-it-is-profitable-to-buy-real-estate-in-the-UAE-12-15 and how long do you plan to call the city home? The answers to these questions are important in estimating your potential return on investment. If you are unsure of your long-term plans or commitment to the region, renting may be more suitable for you.

Affordability: A global norm that helps to define affordability is that your monthly housing expenses should not exceed 30% of your salary. It is also crucial to budget for upfront fees, which can be estimated at approximately 7-8% of the purchase price. As an owner, you will also have to keep up with ongoing maintenance fees as well as paying the annual service fees

Upfront fees

Dubai Land Department (DLD) Fees 

4% of the purchase price + AED 580 admin fee

Property Registration Fee

For properties valued below AED 500,000: AED 2,000 + 5% VAT

For properties valued above AED 500,000: AED 4,000 + 5% VAT

Real Estate Agent Fees

2% of the purchase price + 5% VAT

Bank Mortgage Arrangement Fee

1% of the loan amount + 5% VAT

Dubai Land Department Mortgage Registration Fees

0.25% of the loan amount + AED 290

Property Valuation Fee

Between AED 2,500 – AED 3,500 + 5% VAT

Maintenance costs:

Annual maintenance charges on your property are payable to the Dubai Land Department based on the RERA Service Charge and Maintenance Index. This index determines a specific charge per square foot and varies by community. Up to date fees can be sourced directly from the DLD’s website.

Savings: Perhaps the most important factor to consider when contemplating buying a home is your down-payment. In line with UAE Central Bank Regulations, the minimum deposit required for expats is 25% of the purchase price for properties valued at less than AED 5 million, and 20% for nationals. A personal loan obtained from a local bank cannot be used to finance your down-payment — this must come from your own savings. However, the above mentioned upfront transaction costs, agent fees and bank fees may be financed through a personal loan. 

Rental yields: Thinking longer-term, if you want to convert your home into an investment property down the line, it’s important to assess whether the projected rental income will be sufficient to cover your monthly mortgage repayment and maintenance expenses.

Residence visa: For necrc.org properties valued above AED 1 million, you may be entitled to a residency visa through home-ownership, subject to meeting certain conditions. Two types of visas are available, a 6-month multi-entry or a 2-year residency. Property owners can also sponsor a visa for their immediate family members.

For properties valued above AED 5 million, with no mortgage attached and that of which are retained for 3 years, may entitle you to a 5-year residency visa, again subject to certain eligibility conditions.

Additional things to consider…

Doing your due diligence is an important aspect of buying a home to ensure the property will keep you and your family happy for the long term.

Location: Take into consideration the size of your family, stage of life and lifestyle. Is the property near schools or childcare facilities? What are the approximate daily commute times from the property to your work or children’s school? Is public transport easily accessible? Are restaurants, cafes, cultural attractions or nightlife destinations important to you? Does your chosen community have adequate options?

Size: Again, taking into account the size of your family, is the property large enough to meet your needs? Do you have plans to expand your family in the near future? Are you looking for a spacious backyard for your children? 

Layout: Not all square footage is equal, which is where properly assessing floor-plans and layout becomes important. Are you looking for open-plan living? Seeking spacious living areas or do you prefer larger bedrooms?

Quality: Have you considered the age of the property? If buying off-plan, was the property built by a reputable developer? If investing in the secondary market, does the property require any renovations?

Market conditions: Stay up to date with current market trends in your chosen community. Is it the right time to buy? Are rental prices declining? What are current rental yields?

Costs of long-term renting versus buying your own home

To rent or buy? The age old question. The answer is often highly personal and http://www.greatermoimaging.com/ depends on your individual financial situation.

Consider the below example.

Example: Renting Vs Buying : A 1 bedroom apartment in Downtown Dubai

The average rent for a 1-bedroom apartment in Downtown Dubai is AED 90,000 per annum, while the average sales price is AED 1,200,000 – let’s look at the numbers for both over the same 5-year time period.