Dubai offers multiple choices for accommodation. Real estate agents need to determine the factors that motivate buyers to purchase particular properties. Here are some of Dubai resident’s responses:
Real estate Investors can already feel economic growth materializing a good year ahead Expo 2020 Dubai and this world-class event opening in the city.
Any shift in the dynamics of the market entails a change in the strategy used. This city remains to be a haven for Dubai real estate investors. Part of the reason is that the government has been implementing changes in its laws that enable investments to be easily done.
Families settle farther away from the business district to gain access to large properties in Dubai’s suburban areas. This is important information for those who are planning to purchase a residential property in Dubai.
Dubai is now considering new initiatives to allow more liquidity in the market. There are new initiatives and regulations that Dubai is now considering as regards houses for sale in Dubai to boost its real estate market.
Nowadays that property prices in Dubai are on a decline and expats are staying in the country for a longer period of time, more can be saved in purchasing a home. The following are the reasons why today is the best time to buy a home in Dubai!
More than 20,000 residential units were completed in the first half of 2019 and more are expected in the coming months, Property Finder report says. Among the 20,978 residential units completed in the first half of 2019, there were 4,895 villas and townhouses and 1,084 serviced apartments.
Political tension in Dubai resulted in a continuing decline in gold prices. Prices of 22 and 24K gold are up. 22K gold is at AED162.25 compared to AED161.25 in the past weeks. 24K, on the other hand, rose at AED172.75 from AED171.50.
Dubai has become a more affordable country in 2019 to invest in particularly for expats. There are several factors that contributed to it: a continuous decline in rent, reduced fees, and fines for the government, a drop in grocery prices, lower prices in dining out, and a freeze in its school’s fees.
If you are planning to buy a house in Dubai, it is usual for you to have confusing emotions and thoughts about the new place. If you see the following red flags on the day of your house inspection, then you might reconsider the offer.