Dubai’s percentage of tenants who prefer short-term rentals has risen these past few years. This has offered a new venue for investors to invest to achieve higher rental yields.
Design in terms of real estate property is not only about how it looks and feels. It is also about its functions. It’s better to take Steve Jobs’ definition of design which is that it is not merely aesthetics, but it is also about how you interact with elements while living in the property.
It’s public knowledge that Dubai currently experiencing a decline in property prices. Under the circumstances, it is important to note what Warren Buffet, the Oracle of Omaha, said, “Be fearful when others are greedy and greedy when others are fearful.”
July is the best month for Dubai real estate since December 2017. Many property investors were buying and selling more real estate properties for Dubai property investment in July. Developers have gained a lot in the off-plan side as the Dubai Land Department registered 2,274 deals.
New research revealed that Dubai residents are in the right position to demand free-rent periods as the real estate remains challenging in Dubai for the first half of the year. According to the same report, property owners are also offered more flexible payment terms.
Dubai is an international hub for business and is known for its luxurious lifestyle. You can easily find offices with cutting-edge facilities and amenities that are available for rent or lease around Dubai.
It’s a fact that there are still communities in Dubai that can yield 7+ percent. Examples of these are the Town Square and the old-time favorite Dubai Marina. In the recent years, Dubai has been experiencing price decline.
The economy minister of Dubai, Sultan bin Saeed Al Mansoori, said that the UAE government aims to publish the list of positive sectors in terms of foreign ownership which can be up to 100 percent by the first quarter of 2019.
Dubai has become well-known to investors due to its strategic location between the east and west and its world-class infrastructure. There are many elements that the Dubai Investment Market offers to investors for them to benefit from.
The question of whether you should invest in an off-plan or ready property is a common question today. The following list of pros and cons for both the off -plan property investment and ready properties will give you a clearer picture of what could be the best choice for you: