Dubai Property Investment
How to buy Dubai properties below the market price?
There is a limited land space in Dubai. Therefore Dubai property investment is one of the best real estate investment options available in the current market. However, whether it is for investment or for you to live you MUST buy in the right area and right type of property to maximize the profits. I will show you how to do this.
The single most important thing in Dubai property investment is to get the service of a very good Real Estate Agent who gets the best deals and who knows the “inside secrets”. The agent should understand your requirement and provide you multiple options of suitable properties to your budget. Of course a property which will give you the maximum return for your investment. Also the agent must directly dealing with the property developer in Dubai.
The other most important point is to act fast when they present you the right deal. You know why? Dubai property prices are changing rapidly. You will not get today's price tomorrow. It is so volatile.
I have been dealing with a Property Agent for Dubai real estate, who I think is the best in the world. The good news is the agent has accepted my request to provide the same service for the visitors of my website.
What you have to do is to fill the below form and the agent will receive your information directly. Then they will contact you and work with you until you get the best property in Dubai. Please note that this particular agent is working really hard to get the best properties for his clients. Therefore fill the form ONLY if you are really serious on buying properties in Dubai.
Please note that all fields with * sign must be filled in.
History of Dubai real estate
The Dubai real estate investment property market boom started around 2001-2002 periods. Prior to that Dubai government didn’t want non-citizens to “own” Dubai properties. Therefore Dubai property investment did not exist for non-citizens.
However, Dubai government introduced new regulations for investors all around the world to invest in Dubai properties. Today Dubai property investment has become the “hot topic” among property investors.
Can't wait to see the best deals? Then click here to see Dubai real estate hot deals..
Can you really own properties in Dubai?
Yes, but the locations are limited. There are limited number of places in Dubai where you can purchase and own the property. All other purchases are a long lease (normally 99 years renewable). You are the “owner” of the property during this period and you are allowed to sell or rent the property to someone else.
How to select the best investment properties in Dubai?
This is the tricky area in Dubai property investment. The best investment property should match with your budget. Also you should be able to find a tenant fast. Here are some guidelines to decide the best area and type of property for you. Click here to see some of Dubai real estate photos
First lets look at types of people who are currently renting. Most of the tenants are expatriates who are working in Dubai. They have various incomes. The income decides what type of a property they are going to rent.
Majority of expatriates earns around $3000 - 5000 a month. Normally they rent one-bedroom apartments. In my view this is the type of property you will be able to find a tenant very quickly. However, you should buy a property in a location where they can afford to pay the rent and in an area where most of the offices are located.
The second category is mid to high-income earners who are earning around $7000 - $10000 a month. These tenants are usually small in number, however are willing to pay a higher rent. There is a big chance that these types of people are receiving a rent allowance from the employer. They will be looking for semi-luxury apartments with facilities such as swimming pools, gym, tennis courts etc. If this is your target market then you will definitely receive much higher rent. The drawback of this type is the small market.
The third category is ultra rich and famous people around the world who are willing to “throw” money. If you want to cater for this category, then search for luxury apartments, villas and properties in Dubai islands. These people will not rent. They have money to pay cash and buy. So your only option is to buy a property in a unique location and sell it for a profit. Buying investment properties for this category can be a very high invetment. However, the return will be equally high.
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