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Showing posts from November, 2022

Dubai Property Management: A Complete Guide

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  Whether you’re a foreign investor or a resident of Dubai, but are new to investing in real estate properties in the UAE, It pays to familiarize yourself with the options available to you. While new reforms certainly make it easier to own properties in many locations,   property management Dubai   will remain challenging if you are not familiar with the duties and requirements fulfilled by a property manager.  What does a property manager do? Those who are inexperienced may think that this role only involves selling properties to new owners and their job is done. On the contrary, property management companies like  Rocky Real Estate Dubai  do more than buy and sell properties. They play a crucial part in keeping the properties in their best condition, especially those that are for sale. The property managers are the tenant’s go-to person if there are any issues with the property, They also oversee the repair and maintenance of  apartments for rent in ...

Tips To Avoid Real Estate Property Scams In Dubai

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  As the trend for investing in/buying   real estate Dubai   continues to rise, some reports of property scams also emerge. While the numbers are not yet worrisome, property owners/managers and investors, especially foreign nationals, are advised to be vigilant when buying properties and immediately report to authorities any signs of fraud or suspicious activity. It is true that compared to other real estate hotspots around the world,  Dubai real estate  is much more affordable and offers higher returns on your investment. However, this does not mean that you can put your money down because the offer looks good. Keep in mind that if an offer looks too good to be true, there’s a chance that it is a scam. Here are some of the things that you can do to avoid property scams: Beware of fake brokers or agents Whether you’re looking for properties online or through other forms of advertisement, always perform a background check before engaging with an agent. Even if yo...

How To Identify A RERA-Qualified Agent In Dubai?

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  When it comes to real estate investments like a commercial space or a   studio for sale in JLT , it is crucial to make sure that you are working with qualified and reliable agents. Since properties are usually expensive, even the slightest carelessness may lead to costly consequences. Hence, it is important you only entrust your investments to professionals who are experts in legal processes and other matters related to acquiring properties and   property management Dubai , opt only to work with RERA-qualified agents. Who are RERA-qualified agents? As you may already know, the Real Estate Regulatory Authority (RERA) formed by the Dubai Land Department helps in various ways to cut down the number of fake agents and make sure only legitimate and legally certified agents practice the brokerage. This contributes a lot to keeping property transactions standard maintained. Whether you’re buying a commercial space or a  1-bedroom apartment for sale in Dubai Marina , a cru...

Real Estate Investing In 2022: Commercial Vs. Residential Property

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  Whether you’re buying a new home, office, or any   property for sale in Dubai , investing in real estate properties can be challenging. While you can learn more about residential and commercial properties as you go, it can get quite confusing, especially if you’re a foreign national or it’s your first time investing in a real estate property. If you’re planning on investing in real estate properties in the future or starting now, it is highly recommended that you start familiarizing yourself with the different types of properties you can invest in. This way, you can make informed decisions on where you will use your resources. Doing so is critical, especially if you wish to expand your business and must determine whether getting an  office for rent in Dubai  will cost you less than making other types of work arrangements with your staff. Residential Vs. Commercial property Residential real estate or RRE  includes a housing that is usually rented by someone els...