Property Finder in Dubai

Are you having trouble in keeping up with your monthly property mortgage and pay your real estate in UAE ? If yes, this news might get you excited: UAE banks are lowering their mortgage interest rate from 7.9% to 6%. However, there are a few things you need to understand what this really means and how you can truly take advantage of it. Here’s what is happening in the UAE; more and more banks get more relaxed with their interest rates. This is good news to people who want to buy a property for sale in Dubai . As a way to help their customers, they are offering deals where they reduce their interest rate for usually one whole year. The mortgage interest rate has been reduced from 7.9% to 6%. Reduced mortgage rates means current and prospective investors will be able to save up on the intial year of the mortgage by a considerable margin. This is a huge help especially to those customers who’s whose situations have changed. Bottom line is that the whole one-year period ...

Choosing the right property management company in Dubai is an important aspect of your investment. In fact, a  Dubai real estate  management company has the power to ensure you will have the highest return of investment possible. But at the same time, they can also be the reason for your investment to reduce in value. Thus, you need to spend the right amount of time to ensure you hired the right property management company. To help you make the right choice, here are some of the things you need to look for. Experience Generally speaking, the longer a company has been in service, the more experienced and expertise they have in the field. Experience is vital when choosing a  property management  company. For one, this makes them familiar with the local real estate market. Not only that, but if you hire a property manager before you make an investment, they can guide you to finding the right property, how much you should be charged, how many units you should b...

If you are planning to buy a luxury property in Dubai, today could be the best time to do so. Once you study the prevailing trends of Dubai properties , you would see that the situation is now favoring buyers. The number one reason that buyer interest for luxury properties is currently rising because of the persistent decline in prices. Because of this, luxury properties have become more affordable and developers are now less focused on high-end real estate. According to statistics, the overall luxury property price fell by 6.34 percent from January to July of 2019. The biggest decrease can be seen in places such as Dubai Marina (20%), Palm Jumeirah (19.5%), Emirates Living (16.7%), Jumeirah Beach Residence (12%), and Jumeirah Lake Towers (11.3%). It is worth noting though that because of the decreasing prices of luxury real estate in Dubai , it has made Dubai a more attractive investment hub for many foreign investors. In fact, Dubai is seen to be a more affordable inve...

Whether you are planning to buy apartment in Dubai , or a commercial building, you know that this process involves investing a huge amount of money. Thus, it is not difficult to see why you need to protect it from unforeseen tragedies, risks, and problems. Among the best ways to protect your property is through insurance policies. In fact, in some cases, getting your property insured is mandated by law. It is not just there to protect properties, but also you and other people. In this post, you will learn more about insurance policies for property buyers like you in the UAE. Building insurance You can’t buy property in Dubai on a mortgage if you don’t purchase building insurance. The good thing about building insurance is it protects the permanent structure of your property against accidental damage, natural disasters, fire, and water damage. Building insurance may not only cover the four walls of your home, but it could include other structures such as the gara...