Latest Articles

The Future of Sustainable Recruitment: Strategies Shaping Tomorrow’s Workforce

Key Takeaways Discover innovative approaches that are revolutionizing recruitment practices in a sustainable manner. Explore the role of technology in shaping eco-friendly hiring processes. Learn about strategies...

The Art and Science of Achieving Natural-Looking Breast Augmentation

Breast augmentation is one of the most common cosmetic procedures worldwide. While some patients desire dramatic results, many seek enhancements that look and feel...

The Best Roster Moves for Success in Madden NFL

Making the correct personnel decisions that position you for long-term domination is more important than simply winning games when building a great Madden NFL...

Sejda: A Comprehensive Guide to the Ultimate PDF Editor

Sejda is a powerful online and desktop-based PDF editor that provides users with a seamless experience in managing their PDF documents. Whether you need...

5 Tips to Hire Mini Excavator Services for Your Project

Hiring the right mini excavator service can make your project completion easier. Whether you are clearing land, or preparing a construction site, the right...

Firearm Stores In Houston: Which One Is Right For You?

Locating the best gun shops in Houston may be difficult, regardless of your level of experience with firearms. From hunting rifles and self-defense pistols...

Exploring the Link Between Addiction and Childhood Trauma

Childhood trauma and addiction are intricately connected, with many individuals facing substance use disorders as a coping mechanism for past painful experiences. Research suggests...

Is Twstalker the Best Twitter Web Viewer?

Twitter is one of the most popular social media platforms, enabling users to engage with the latest trends, share thoughts, and follow influential personalities....

Streamline Your Plant-Based Diet with the Vegan Recipes & Meal Planner App

Adopting a plant-based diet is one of the best decisions you can make for your health and the environment. However, planning balanced, nutritious meals...

Estate Cleanout Experts: Comprehensive Property Solutions Across South Florida

Serving: Miami, Jupiter, West Palm Beach, Boca Raton, Kendall, Aventura, Miami Beach, Doral, Palmetto Bay, Coral Gables, Weston, Pembroke Pines, Nob Hill, Lauderhill, Lake...

5 Common SEO Mistakes for 2025 & How to Avoid Them

Search engine optimisation (SEO) continues to evolve rapidly, and businesses in the UK must stay ahead to ensure visibility and traffic. However, many make...

Discovery Plus Login Guide

How to Create a Discovery Plus Account and Log In Discovery Plus accounts unlock a wide collection of documentaries, reality series, and unique material. The...

Sotwe Review: Twitter Web Viewer, Trend Analyzer, and Downloader

Twitter has evolved into one of the most influential social media platforms, serving as a hub for real-time news, trends, and global discussions. However,...

Adventure Awaits: Discovering Koh Lanta National Park and the Journey to Krabi

Koh Lanta, with its pristine beaches and lush tropical landscapes, is a paradise for nature lovers and adventure seekers alike. One of its must-visit...

8 Common Gardening Mistakes (And How to Fix Them)

Gardening should be rewarding, not frustrating. But if your plants keep struggling or your garden isn't thriving the way you'd hoped, you might be...
HomeBusinessReal EstateA Guide To The Real Estate Market Of Dubai

A Guide To The Real Estate Market Of Dubai

Dubai is rising as the business capital of the world, which has also helped its real estate quite a bit. In addition to that, the good return on investment that real estate offers makes this market quite investable. 

However, like with every investment, without the right knowledge or guidance, a lot of risks are involved. This article mainly provides information about the apartments for sale in Dubai downtown and how you can get the most returns. 

Why Should You Think Of Investing In Dubai?

  • Get Higher Rental Yields:

This is one of the first incentives that you get to experience. Dubai’s downtown area is known to have more mature real estate markets. On average, any property investor or buyer can expect a gross rental yield ranging between five and 9%. That is a comparatively much higher yield than most other areas. 

  • Property Prices Are Lower:

In the global real estate market, Dubai has one of the lowest prices per square foot inch. This means the property prices here are lower than in most other cities. You can own a better property in a prime location here at better prices. 

  • New Visa Laws:

As per the new visa laws, homeowners of properties valued at over 1 million AED will get a 2-year residence Visa. For over 5 and 10 million, the owner will be entitled to a 5 and 10-year residence Visa, respectively. 

  • Better Tax Conditions:

Dubai is void of stamp duties and property taxes, which are commonly applied to other global markets. This reduces the cost of maintenance considerably, making your property even more profitable. 

What Are Some Key Things You Should Consider Before Investing In Dubai?

Whether your aim is to live in that house or rent it, your ultimate goal is a strong return on investment. However, purchasing apartments that offer health return rates is not easy. It requires preparation from the get-go. Here mentioned are some points that can help you better choose your property here:

  1. Amenities available (education, childcare, transport, etc.)
  2. Size of the house and rooms
  3. Quality of materials used 
  4. Timing and market conditions 
  5. Loan approval 
  6. Interest rates
  7. Regular maintenance costs 

With these seven tips in mind, you will surely be able to find a property that not only is suitable for you to live in but also has a high resale value. Start by making a shortlist of suitable properties. Once you are satisfied, start comparing each aspect to find the one that suits your requirements.  

How Can You Get A Better Return On Investment?

  • Choose Apartments Over Villas:

Villas and townhouse in any real estate market cost a lot more than apartments. This is mainly because of the low to mid-average income of the population. However, this makes apartments the popular choice of real estate in this economy. Apartments for sale in Dubai downtown can yield better rents as well as resale values. 

  • Choose Prime Locations:

Buying apartments in better locations often have a big role to play in the resale value of the flat. Try and choose a location that is developing fast. For a property in a well-developed area as the cost of the property will also be high. However, in an area that is quickly developing, the resale values will increase ten times faster. 

  • Research The Community:

There is an annual maintenance charge applicable by the Dubai Land Department. However, this can sometimes fluctuate. This is done based on the Maintenance Index and the RERA Service Charge and can influence the overall returns on your property. 

The charge per square foot varies with each community. All the updated details about the fees payable can be found on the official DLD website. Make sure you check the levied charges on the community of your choice before investing. 

Although now you know more than an average man, you will still require some guidance in this department. There are several intricacies involved in finding the right apartment in Dubai. 

You can always rely on EverHomes to keep delays at bay and seamlessly assist you through the whole procedure. On their online portal, you will also find details of properties here and compare their features and locational benefits.  

Trending

The Latest Trends in Garage Door Design and Technology

The world of garage doors has undergone a remarkable transformation in recent years, bringing about a convergence of stunning design and cutting-edge technology. Homeowners...

The 15 most popular wedding flowers in 2022

What would a wedding be without fresh flowers? Wedding flowers are one of the most noticeable elements of your special day, providing elegance, fragrance, or...

Leggings: What to Look for When Buying Them

With this guide on buying leggings, you'll have a leg up on your fitness wardrobe shopping. This is what you're going to do to stay...

How Has Office Design Changed Through The Decades?

Offices have changed a lot if you were to look back on it over the past decades. With the advent of new technology, designs,...

9 Tips for CISM Exam Success

Companies are getting advanced daily, and they are searching to get more and more advanced security managers for their company. Day by day the...

Unveiling the Excellence of Tigers Alu as Your Premier Aluminum Jumbo Roll Supplier

In the realm of industrial manufacturing, finding a reliable and top-quality aluminum jumbo roll supplier can make all the difference. Whether you're involved in...

Crafting Joyful Childhoods: The Ultimate Guide to Helping Your Tiny Tot Thrive

Introduction In the magical journey of parenthood, the pursuit of joy for our little ones is at the forefront. As parents and guardians, we are...

A Guide To Choosing The Best Mum To Be Hamper

The best gifts to give when someone announces they're pregnant can be quite tricky to find, especially as you don't want to go overboard....

Top 5 Benefits of Cellulite Treatments to Your Skin

Cellulite is a prevalent condition of fat deposits beneath the skin. The skin on the thighs, hips, buttocks, and belly are most susceptible to...

Rising Home Loan Rates: How Home Loan Balance Transfer Can Help You

Rising home loan interest rates can increase the outflow of money every month. Home loans are big loans that can be taxing on your...