Posts

Showing posts with the label buy apartment in Dubai

Off-plan and Ready to Move in Property in the UAE

Image
There are different factors that you need to consider when buying off-plan  real estate in UAE . Chief among them would be the available payment plans. In fact, most people shy away from buying off-plan properties because of lack of awareness of affordable payment plans that could beat mortgages. Off-plan properties are generally cheaper and of the latest quality providing great payment plans so that you don’t have to scrape through mortgages to invest in  real estate in UAE . It is important to note that buying real estate property is a big investment. Thus, it is important to know how you are going to pay for it. Both off-plan and ready to move in projects in Dubai come with various payment plans and understanding them makes a huge difference. Why payment plans are crucial? A  Dubai real estate  is not free unless it is given to you. In most cases, you have to pay for it. The question now is, how? This is where payment plans come in. Because of competitio...

Dubai Off-plan Property Deals

Image
The numbers are in: off-plan  Dubai real estate  projects  made the majority of transactions in 2019. According to a study made by Property Finder, off-plan properties make up about 55 percent of Dubai’s real estate transactions while 45 percent involve secondary market deals. The statistics cover the first two months of 2019. In detail, about 3,069 off-plan homes were sold and 2,463 deals were closed in the secondary market. While this may prove that off-plan properties are leading the way, the trend is actually shifting toward a balance in investment. When you compare the difference between the figures for the first two months of 2018 to the first two months of 2019, there is a 7.8 percent decrease in off-plan property transactions. On the other hand, secondary market transactions only decreased by 1.4 percent. For the past years, it is true that  off-plan  Dubai properties  have dominated the market. However, secondary market deals are showing ...

UAE Banks Cut Mortgage from 7.9% to 6%

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 ...

Insurance for Property Buyers in the UAE

Image
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...

Find affordable apartments in Dubai

Image
Are you looking for apartments for sale in Dubai or apartments for rent? With an abundance number of apartments in Dubai, it is not difficult to get overwhelmed with so many choices at hand. If you have a limited budget, at least that narrows down your options. However, there are still a lot of affordable apartments in Dubai, be it for rent or for sale. For this reason, it might take you a lot of time exploring your options. Thankfully, you don’t have to go far and wide to check the right apartments for you. To save you time and energy, check out Rocky’s Real Estate featured properties: Best Price Apartments For Rent in Dubai 2 BR, Zahra 1, Town Square For rent 2 bedrooms 2 bathrooms Area – 906 sq2 Price – AED 55,000 Located in Town Square, this apartment features premium amenities and has access to transportation system. It also has an open kitchen, pool view and one parking area. Zahra boasts beautifully designed modern look and impressive features for city d...

How to Buy Property in Dubai

Image
Are you planning to buy a  real estate in UAE , particularly in Dubai? If yes, then it is essential to understand how the whole process works. Having the knowledge on how to buy a property in Dubai would ensure that the transaction runs smoothly and you get your property with the least stress and inconvenience possible. Here are the basic steps you need to follow when acquiring a property in Dubai. Step 1:  Determine your Need Dubai offers a wide range of properties for sale and the options can be very overwhelming. Know your needs first and you will know where you are going. Determine what type of property you are looking for. Do you want to  buy apartment in Dubai , traditional home, townhouse or villa? How many rooms and bathrooms do you like? How big the property should be? Do you need it to be in the suburb or near the city? These are some of the things you need to answer. Step 2: Determine your budget To further narrow down your options, determine yo...

Interior Design Trends 2019

Image
Now that we are already in a new year, you might be thinking of giving a new look to your property. Whether you own a  real estate in Dubai  and you want to attract more buyers/tenants or you a looking for a property to move yourself, you must be aware of the latest interior design trends. These are some of the top interior design trends for 2019. More metals are going in Among the different 2019 design trends include adding more brass, copper, and gold in the equation. In 2018, rose gold has been the top pick, but in 2019, it would be replaced by a combination of metallic colours, which adds a warm look to any space. Combination of nature and living space Biophilia is a term used by designers to refer to the integration of natural objects to your living space. In 2019, you will see more natural, earthen, and organic materials making their way to homes and offices. If you are planning to  buy apartment in Dubai ,  you’ll get to observe this trend when y...

The Real Estate Insider's Guide to Selling your House

Image
Are you planning to sell your house? If yes, wouldn’t it be great if you get tips and guidelines right from real estate companies?  There are many things that you need to consider before you put your house in the market as it is not very easy to sell any real estate in UAE especially when you want to ensure that you are getting the best deal possible. Let us share with you some of the best insiders’ tips and guidelines straight from real estate companies. Repair your Property If you have been living in your house for quite some time, you probably would have grown accustomed to living with minor damages in your property. Don’t think that it is no big deal. Remember, there are a lot of properties for sale in the UAE. If your client sees that the property you are selling was not properly maintained, they would most probably move on to the next property on their list. So, before you put your property up for sale, make sure you repair any damage to floors, storage...

Real Estate Market Expectation for 2019

Image
When you think of Dubai, among the first things you might think of, are exceptional Dubai properties , sky high towers and magnificent architectural structures. Dubai is best known for its real estate market. As we sail through 2019, it is worth finding out some of the real estate trends, predictions, and expectations. 2018 was marked with property prices decline and consistent government initiatives to stimulate the growth of the real estate sector. However, for 2019, there are positive predictions for the local market. You need to know these predictions before you buy an apartment in Dubai or any real estate property. The primary reason why 2019 is expected to be better than the last year is because of Expo 2020. Just a year away from 2019, Expo 2020 is expected to generate immense economic growth not just in real estate, but in the UAE as a whole. With more people coming in to attend Expo 2020, the real estate sector is expected to witness an increase in demand for rent...

Is Real Estate a Good Investment in 2019

Image
Before you  buy apartment in Dubai  or any type of real estate property in the UAE, you should know whether it would be a good idea or not. After all, real estate investments are major and the paramount consideration is high ROI. At this point, you might be wondering if real estate is still a good choice. The quick answer is yes and here are the reasons you need to know. Increased number of Foreign Investments One of the main reasons UAE enjoys a great growth in its real estate sector is foreigners pouring in a big amount of money in the country. The trend is seen to continue for the following decades as UAE offers attractive incentives and tax exemptions, discounts for foreign investors. In 2017, there were more than 23,000 foreigners who completed about 30,000 property transactions. This figure greatly outnumbered Gulf nationals. Not only that, but foreign investors spent approximately Dh56 billion in 2017 buying properties in Dubai. Higher Return on Invest...

Facts About Dubai's Bluewaters Island

Image
Bluewaters Island is an AED 8 billion master planned development built on man-made land 300 metres away from the Jumeirah Beach Residence coast. Since the beginning of its construction last May 2013, it has left investors and tourists in great anticipation of its completion due to the residential, hospitality, leisure and entertainment attractions it will offer. The recent opening of Bluewaters Island was a huge event in UAE as it also launched Dubai Eye or also known as Ain Dubai, the world’s largest observation Ferris wheel which stands in the island. Dubai Eye is about 210 metres and it provides a 360-degree view of the surrounding areas. The Ferris wheel has 48 capsules, which can accommodate 1,400 passengers. Caesars Palace Bluewaters Dubai – the world’s second Caesars Palace and The Wharf that features 132 retail and dining outlets in low-rise structures add life to Bluewaters’ island living. There are many big developments to soon launch in this island. Bluewa...

Best Places to Live in Dubai for Families

Image
Family-Friendly Communities in Dubai | Houses, Villas and Apartment for Sale and for Rent  Safe and secure is how 98.6% of the residents feel about living in UAE. So it’s no surprise that many expats choose to build and raise their family here. There are plenty of choices, from sports-oriented communities to villages filled with beautiful parks for families to grow and make memorable experiences. Here are the popular family-friendly neighborhoods in Dubai. Sports City True to its name, Sports City is a place for parents who want to raise active and healthy children. Al Nahda Literally meaning The Awakening, Al Nahda has seen an extensive residential development in the past few years. Al Barsha As one of the relatively new communities, Al Barsha offers a breath of fresh air for families. Arabian Ranches Arabian Ranches is a gated community with high-end signature villas for rent and sale overlooking scenic landscape and lush greenery. ...continue reading ...

Popular Communities to Rent Apartments

Image
With the accelerated growth of Dubai’s real estate industry, there are a lot of Dubai properties options to choose from. Thankfully, you can easily narrow down your options with these communities when searching for an apartment for rent in Dubai that best suit your needs. Discovery Gardens/Al Furjan Near Jebel Ali, these are the 2 most popular areas in Dubai offering affordable rents. While Discovery Gardens is an established community with beautiful lush foliage and well-maintained lawns, Al Furjan, on the other hand, is a developing neighborhood offering more retail and leisure facilities. A new Metro station is being built between these 2 areas making this location more accessible. Karama Karama is a great community to live in if you want to experience Dubai’s past history. It is located in one of the oldest parts of Dubai and is considered to be the most populous residential zone. Zabeel Park is the most prominent landmarks in Dubai where the Dubai Frame stands a...