Property Finder in Dubai

Buying  real estate in UAE , particularly in Dubai, is an important and huge decision to make. It involves a lot of money and a fatal mistake can lead to many years of regret. For this reason, getting as much information as possible is crucial. Among the terms you might encounter as you dig deeper into Dubai’s real estate market is “freehold.” You might wonder what freehold means and whether it would be a good investment for you or not. Before you make any decision, here some advice. Understanding what freehold means would give you more ideas on how it will benefit you. What is a freehold? F reehold property in Dubai   is a property that is owned completely by the owner. If a property is a freehold property, it means that the owner owns both the building and land. Freehold property is different from a leasehold property primarily in terms of ownership. In a leasehold property, the land is leased for a fixed amount of time. In the UAE, the maximum amount of lease ...

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...

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 ...

It seems like it was just yesterday when the Dubai Metro first opened its doors to the public. Now, this year marks its tenth anniversary. Looking back, as one of the most ambitious projects in UAE’s transport system, it has boosted the country’s economy, increased the value of  Dubai properties , and supported sustainable growth throughout the past decade. Dubai Metro was launched on the memorable day of September 9, 2009 (9/9/9), Wednesday, at exactly 09:09:09 PM. It was headed by Dubai Roads and Transport Authority (RTA). As a special government project, The Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, graced and inaugurated the Dubai Metro, which signals a new era of the UAE’s unstoppable economic prosperity. Initially, Dubai Metro started with the Red Line , which runs from Jebel Ali to Rashidiya. It spans over 52km with 29 stations. Four of them are located underground, 24 are elevated, and one is o...

Among the strongest backbone of the UAE’s economy is its real estate sector. In line with the aim of the UAE government to ensure a robust growth of real estate in UAE , a new planning committee was set up. A different directive was issued to form a higher Real Estate Planning Committee that would include the following: General Secretariat of the Dubai Executive Council Dubai Land Department Wasl Properties   Investment Corporation of Dubai Emaar Dubai Properties Nakheel Meraas and Nshama Meydan Dubai South Dubai Silicon Oasis Authority   Dubai Multi Commodities Center The said planning committee was initiated by His Highness Shaikh Mohammed Bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai. He commissioned Shaikh Maktoum Mohammed Bin Rashid Al Maktoum, the Deputy Ruler of Dubai, to chair the newly formed committee. There are three primary goals of the Real Estate Committee. These are the following: · ...

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 ...

Are you looking out for a property for sale in Dubai ? If yes, it would pay to know how much it would cost today to buy a property in Dubai. In this post you will get to know the average price of studio type, 1-bedroom, and 2-bedroom properties. We will also introduce some properties for sale that you might be interested in.

Al Furjan is a vibrant Dubai real estate community where you can live, grow your family and best enjoy all the wonderful things that UAE has to offer. Strategically located between Sheikh Zayed Road and Mohammed Bin Zayed Road, Al Furjan gives you access to different amenities and public and private facilities. Community Al Furjan is a villa community designed by the master developer, Nakheel. As one of the best real estate companies in Dubai , you can be sure that Nakheel made a great job of developing Al Furjan. There are two community centres – the Al Furjan West Pavilion and Al Furjan Pavilion. Within the private and secure communities, you gain access to a wide range of amenities which include sports courts, swimming pools, cafes, restaurants, and retail outlets. Available properties Al Furjan is best known for its villas and townhouses, but it has also other types of properties that accommodate every lifestyle and standard of living. Aside from villas, you will also...

Apartments for rent in Dubai Are you planning to buy a real estate in UAE particularly, in Dubai? If yes, then chances are that like most people you would like to take a loan or mortgage against the property you are planning to purchase.  In this article, you will learn how property mortgage works, the different types of mortgage interest rates, and the conditions that affect your mortgage. What is a property mortgage?  A property mortgage is an agreement between a borrower and a lender. If you plan to buy Dubai properties and you don’t plan to invest the full amount, then one option would be getting a property loan. In Dubai, usually, you would need a 20% deposit of the contract price of the property. The bank lends you the remaining 80% of the contract price. You will then pay the borrowed amount with interest on a monthly basis. The term of the loan may last from 5 to 30 years, depending on your agreement with the lender. Types of mortgage interest rate...

Buying a real estate in UAE , particularly in Dubai, is a huge investment. Thus, you need to make sure that you are able to turn your asset into a money-earning instrument. However, how can you do this? What are the different ways for you to make money from your property? Read on our below article to learn more. Long-term residential rentals Look for tenants who need a place they can call their home for a longer period of time. There are a lot of advantages when you find clients who are in it for the long haul. For one, it gives you a more stable source of income since your property will be constantly be occupied. Of course, to make this work properly, you would need to do a quick background check on your potential tenants. Make sure that you are only accepting qualified tenants who pay in a timely manner and who will take care of your property. Short-term vacation rentals Is your property near a tourist spot? Perhaps, it is right in the center of a beautiful island?...

After last few years of sluggish growth, Off-plan Dubai properties are making a comeback. Due to the improved economic performance and other important factors across the Emirates, buyers, both local and foreign, are turning their heads back to off-plan projects in Dubai. What are off-plan properties? Off-plan properties are properties, which have not been constructed but are already up for sale. In some countries, they are called, pre-selling properties. They are referred to as off-plan because they are sold off from a plan – while they are still in the building process. Generally speaking, the closer the completion of a project, the higher the price will be. In theory, investors buy off-plan properties at a much lower price to gain a higher return on investment. Why off-plan properties became unattractive Starting around 2015, off-plan projects have witnessed a slowdown in sales. Traditionally off-plan properties have been popular in the UAE. However, because of cert...

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...

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...

With Dubai aiming to welcome 20 million visitors by the Year 2020, more real estate developments are being built. Investors are taking advantage and start buying  Dubai properties  to turn to an income-generating asset. Most of the residential  real estate in UAE  is leased out for a long-term period but nowadays, short-term letting or holiday home rental is gaining popularity. As Dubai continues to attract high tourism demand, the number of vacation homes will likely to significantly increase in the coming years, says Airbnb, the biggest portal of holiday homes. Dubai’s Department of Tourism and Commerce Marketing (DTCM) classifies a holiday home as ‘a furnished accommodation which is rented as a whole unit on a daily, weekly, monthly or annual basis without the issuance of an Ejari regulated tenancy agreement’. So if you are a property owner who often travels abroad or considers Dubai as the second home, turning your property into a holiday home can be ...

Apartments and Villas for Rent in Dubai, UAE One of the friendliest and livable cities in the Middle East, Dubai is one of the world’s top cities for expats. As of 2017 report, more than 91 percent of the populations of nearly three million are expatriates, who are business owners or working for a company. The numbers are expected to increase now that Dubai Government has offered a 5-year residence visa for expat retirees over the age of 55 years under certain terms and conditions. So before you pack your belongings and kiss your birth country goodbye, temporarily or permanently, it would be best to plan ahead. Most expats started with leasing, and then eventually bought properties in the freehold areas in Dubai after living here for some time. Dubai offers all types of housing, from the most affordable to the most luxurious. The views add value to the unit which means you will be paying more if you want unobstructed and panoramic views. Check out Marina, Jumeirah Beach Resid...

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...

From being the major fishing and pearling centre in the 19 th century, Dubai has evolved into a leading business, travel and lifestyle hub in the MENA region. It continuously innovates and develops its local retail landscape for consumers who are looking for experiences that go beyond retail. Because of its strategic location, infrastructure, and business-friendly policies on taxation and regulations, Dubai real estate market forecast 2018 will see growth in its local retail landscape.  Check out these prime retail and commercial areas where you can set-up your business. Business Bay Ranked as the fifth must-see neighbourhood in the world by Lonely Planet in 2017, Business Bay is fast becoming a lifestyle destination featuring unique food concepts, from cafes to fine dining. This locale is now placed alongside London, New York City and Rio de Janeiro.  One of the projects that residents and tourists are looking forward to is the completion of Marasi Business Bay...