Top 3 Reasons to Invest in Dubai Property

Out of all the states in the UAE today, it’s only Dubai which seeks to move away from its traditional reliance on oil and use tourism and services as petrodollar alternatives. As a result, the city’s property market has seen an unprecedented boom giving the international buyers more than one reason to invest in Dubai real estate.

Firstly, Dubai is fast becoming a services hub and there’s been sharp increase in the number of foreign professionals flocking for work with a high pay and tax free status. As a result, the average rental yields of Dubai properties have soared far above the average. Currently the single room studio apartments are doing the best in terms of rental since the expats who work in Dubai tend to be single individuals. So this would be a great property investment tip to note if you plan to invest in Dubai.

Secondly, the cost of Dubai property as compared to international standards is still very low, so the possibility of a huge capital appreciation increase is very high. Coupled with the bullish take on rentals as mentioned above, the prices of your property investment in Dubai will be set to climb in the next few months.

Thirdly, there is presently a Disneyland lure being built there which would result in a boost in tourism in Dubai. If your property is situated near Disneyland, there is a chance that you will be able to rent it out to people going there on holiday.

What Stage Are You In With Your Property?

Say you have a situation where you have bought a home subject to. The tenant moved and you did a lease option with the tenant. They moved in and along towards the end of the option time period he was thinking about exercising the option and he had the home inspected. When the report came back from the home inspector, he said that the people that were there before them built on additional third bedroom and a patio without a building permit and he didn't like that news too well. Long story-the tenant is out. Now you are getting ready to get a new tenant. What should you do about the building being without a permit so this doesn't happen again?

Whew! This is a tough one! I think you should get the city to come out and look at the property and find out where you are with it. Realistically, that is your best option. I will guarantee you they would be happy to come out and look at it if you call them. Most homeowners dread that idea but you are going to have to find out what is legal and what is not legal one way or the other.

Now, you may be wondering, how does it shake down from there if they build on that without a permit? How does that really work if you are in a subject to position on the home now? Well, fortunately for you, you took it subject to, and if the previous owners built an illegal addition on there at least you have a reason to go back and give them their house back. That's right you heard me.

How To Do An Open House When You Are Selling Your Home

Say you have a situation where you have bought a home subject to. The tenant moved and you did a lease option with the tenant. They moved in and along towards the end of the option time period he was thinking about exercising the option and he had the home inspected. When the report came back from the home inspector, he said that the people that were there before them built on additional third bedroom and a patio without a building permit and he didn't like that news too well. Long story-the tenant is out. Now you are getting ready to get a new tenant. What should you do about the building being without a permit so this doesn't happen again?

Whew! This is a tough one! I think you should get the city to come out and look at the property and find out where you are with it. Realistically, that is your best option. I will guarantee you they would be happy to come out and look at it if you call them. Most homeowners dread that idea but you are going to have to find out what is legal and what is not legal one way or the other.

Now, you may be wondering, how does it shake down from there if they build on that without a permit? How does that really work if you are in a subject to position on the home now? Well, fortunately for you, you took it subject to, and if the previous owners built an illegal addition on there at least you have a reason to go back and give them their house back. That's right you heard me.

Helpful Tips for Home Seller in Dubai Real Estate

If you are determined to sell your home in Dubai real estate, you have to think that there are things that you need to look up to and resolve in order to gain great contract. This article will give you few tips that can make your home good-looking and attractive to get possible buyers.

In order to attract buyers, you have to have tidy and clean homes. Certainly, clean and tidy homes are welcoming.

Once your home is listed for sale and open for visits and inspections, you have to make sure that your home is spotless sufficient to pull towards you buyers. You have to stand in mind that first feeling matter, so make sure that buyers will see your home at its best.

When making timetable for inspections, make it during day time when each room is bright and there is sunshine that shines in your home. Open the finished in order to the sunlight to come in. in case, your home will be inspected in a dull day, make sure to turn on all the lights.

When your home will be visited and inspected during winter time, you have to make sure that the heating is on and your home is warm and inviting. If your home will be visited at summer time, you have to make sure your air-conditioning is on.

Buying A Home Overseas

Being that most of our clients are real estate investors, we felt that it was significant to level the playing field by contribution up some insights into a variety of aspects of the industry.

For those of us that have been fortunate sufficient to travel to Europe, Asia or Australia from North America, we have seen some of the most good-looking land on Earth.

Being able to give up work in that attractive Tuscan villa overlooking the vineyards is a dream millions of Americans have, and while it may only turn out to be a realism for a select few, you CAN make it happen with proper planning, a helpful heaping of common sense and a few tips to help you on your way.

Using Dubai Property Services

O.K, so you have signed your agreement with the Dubai property developer and it's all systems go for that daydream home in the sun. But who is going to take care of your property at the same time as you are not using it yourself? This is a matter of real importance particularly if you are going to be renting that villa or apartment out to other holiday makers too. The chances are that you are going to need to use the services of a Dubai property preservation company to take care of things during your nonattendance. The problem of course is judgment someone you can trust with access to your apartment or villa whilst you are thousands of miles away. If you are beginning to get the picture it will be apparent that there is more to this property preservation than just a bit of a brush round and some window cleaning.

Most Dubai apartment services companies will offer a tailor made package to suit your exact requirements from basic onslaught through to a total home care package. They can deal with anything from minor repairs to the cleaning and maintenance of your swimming pool too.