Real Estate In Dubai Guide To Invest Residential Properties

· Real Estate,Dubai properties,Dubai Developments

An Introduction

This guide has been developed in order to answer frequently asked questions from Copperstones Properties visitors when they intend to buy a property in Dubai. This guide will be useful to two categories of buyers: investors and end consumers.

Dubai real estate platform Copperstones Properties specializes in listing properties that are being developed by the best real estate developers in Dubai; So in case of any additional questions, you can always contact our real estate consultants to get a free consultation regarding the available real estate options, or to get advice on buying procedures, or about prices in the local market, also about upcoming real estate shows and exhibitions, or any details you may need An explanation about it. Please note that this guide does not provide legal advice, and we hope that it will help you in your future investments and the success and prosperity you seek in your life and the lives of your families.

Know The Place:

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Choosing the location of the property is one of the most important if not the most important factors for a successful investment, and when you decide to buy a property in Dubai, you have to make sure that you know the main areas that include the latest real estate in Dubai. You do not need to know many details, but it will be useful to differentiate between areas such as “Dubai Creek” and “Dubai Water Canal” at the site level, as some areas are located near the city center or Dubai Downtown, and others are close to the expected metro lines Some areas are located in remote and isolated locations that are more suitable for families. Here we draw attention to an important point, which is the differentiation between the area and the project, as some areas include many projects from different real estate developers; Therefore, be sure to know the project and the options available in the chosen area.

In the beginning, we must limit the selection to a specific number of regions, how is this done? Determining the budget is the first factor that helps you in limiting the areas in which you can buy, and to choose a suitable area, you must follow the infrastructure projects. for transportation; Where the more means of transportation, the better the area.

It must be mentioned, that we note that new investors usually ask people within their acquaintances and social relations about their opinions about buying in certain areas, and the problem here is that most of these are from outside the real estate sector, and their opinion appears to be greatly influenced by the promotional campaigns launched by a few real estate companies grand.

For that, it is important to understand that the real estate developer (A) can invest a large part of his budget in the promotional campaign of his project in Area B, but it is not necessary that this project is the best option in Area B. There can be smaller real estate developers in the same area (B) with fewer promotions but with more suitable options for the investor.

Also, we advise you not to listen to critics, weaknesses/flaws are forgotten with time. You will regret when prices rise and you have not taken the opportunity to buy cheaply from the start.

And finally, if you can't afford to buy a property in the area you want, be sure to look for a property in the vicinity.

Knowing the Real Estate Advisor:

Use the services of a real estate consultant from within the sector to help you check out the available options. The experience of those working in the real estate field will definitely help you find the most suitable property, identify the trusted developer and the project that is expected to be highly successful. Here we warn that every consultant of a real estate developer will try to sell you one of the properties of his developer However, consultants from trusted real estate agencies will offer you various options from different real estate developers. Competent consultants bring in more clients to developers, and by doing this they improve their relations with the developer and are able to offer the best options to the investor. Some real estate agencies do not require their clients to pay any fees or commissions, so the investor gets a free consultation from an expert consultant in the field of real estate.

When choosing your real estate advisor, we advise you to consider the following:

Choosing the person who specializes in your field of interest, whether it is under construction, ready-made, residential, commercial, ..

Choosing a real estate advisor who does not take a commission from the buyer - provides the service for free.

Maintain a good relationship with the real estate consultant as he can help you manage the property in the future.

Important note! Only deal with real estate consultants/brokers who are officially registered with RERA in Dubai. Before dealing with any consultant, I ask him for his professional card registered with the establishment, as these professionals have undergone regulated training by the Dubai Real Estate Corporation and are obligated to respect the professional and ethical controls set by the Dubai Land Department.

Knowing the Real Estate Developer :

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Every real estate consultant registered with the Real Estate Agency in Dubai must conduct a serious and in-depth research on all the developers he proposes to the investor, as the consultant must check the status of the developer with the Dubai Land Department, and make sure that he is legally registered. The department is working hard to provide useful information to investors in Dubai, and to give them the best services. And if you go to buy without the help of a real estate consultant, do not hesitate to contact the Dubai Land Department to make sure that the developer you are dealing with is trustworthy and that the project you have chosen is legally registered so that you are not exposed to any kind of fraud or loss.

Knowing how to calculate yield

Yield is a measurement of the future profits of a real estate investment, and you probably already know how to calculate the return that you will get from a residential property you are planning to buy, but new investors should be careful about the return rates included in the ads! They often make estimates of total returns. As an investor, you must