5 Important Factors to Consider before Buying a Property in Dubai

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Dubai is a rapidly progressing city and the property market is dynamic and vigorous. Buying a property in Dubai, therefore, requires meticulous calculation, and finding the best real estate property in Dubai that suits all your needs is not always an easy job. There are several factors to be taken care of before buying your dream property in Dubai. Below are the top five factors to consider;

01. Location 

Location is an important criterion to consider whilst buying a property in Dubai. The area you find should not only be in a commutable distance from your workplace but also suitable for your family and lifestyle. Before buying a property in Dubai, you must make sure that the area or neighborhood will give you ease to your primary needs such as, supermarkets, restaurants, hospitals, schools, public transportation and daycare facilities are close by or at a convenient distance from the property.

If you are a type of person who loves to be away from the rush and buzz of the city, look for a property offer green community living and make you feel nature interaction.

Ask around the neighborhood and be definite that the community fits your expectations.

02. Property developer

Finding a reliable property developer is one of the important tasks of buying a property in Dubai. You must do extensive research to find the developer of your choice, a credible and reliable company that can cater to your needs and has a proven record of doing the same. It is important to find a developer to purchase a property in Dubai who can not only ensure the safety of your home but also your investment.

03. Amenities

There are too many properties that you can choose from. Sometimes they are even similar to one another. But the tricky part is, real estate developers are competing to what will be their winning piece and it boils down to amenities.

Pool, fitness center, pavilion hall, parks, kids play area and other recreational facilities are just some of the amenities that you can enjoy either you are living in an apartment or in a community. This is also a big factor for those tenants who are looking for some properties to lease. These are simple pleasures that you can enjoy without living in your home or making use of them to have quality time for yourself or with your family.

04. Maintenance cost

Maintaining a property in Dubai is as important as buying a property in Dubai. An annual maintenance fee has to be paid to the Dubai Land Department based on the charges prescribed by the Real Estate Regulatory Agency (RERA). The cost depends on the type, location, and tenure of the property. Therefore, it is very important to calculate your savings before investing in a property in Dubai. If this gives you a good return of investment when you decide to put in on rent, and also won’t hurt your pocket in paying those dues of the property.

05. Market conditions

Market condition serves as your buying signal if you’re going to go or withdraw. Do make sure that you are updated on the market conditions and have planned your finances accordingly. The market condition is the depending factor of the property prices if it will go high or drop.

Buying the best property in Dubai suitable for all your needs can be made easy and hassle-free with the help of experienced professionals who can guide you through the process. Signature Habitat is here to help you. We've been assisting clients in buying or selling any ready or off-plan properties in Dubai.Contact us to get more details about current and upcoming projects in Dubai.

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Signature Habitat Properties LLC is a property brokerage company registered in Dubai – UAE (License No. 861348). We are regulated by Real Estate Regularity Agency under office No.2608, Concord Tower Dubai Media City, Dubai - UAE

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