The Dubai real estate market continues to bull doze its way in the real estate sales realm compared to other major cities world wide.

With a whole 80% increase of sales from the past 1 year, Dubai is well on its way to creating a record to beat. Dubai has become an international hub for business in tourism in the last few decades. 

If you are an investor looking for the next big opportunity, the Dubai real estate market in 2023 has a lot to offer.

With a booming economy, strategic location, and a thriving tourism industry, here are the most compelling reasons why you should be investing in Dubai’s Property Market this year.

Let’s get to it…

1.High Return on Investment (ROI)

Dubai consistently ranks among the top cities offering high rental yields. Dubai’s economy promotes business, real estate, trade and tourism that in return brings a high amount of profits to the investors who put their money in.

The ever growing demand for housing and residential developments has made Dubai the largest real estate market with ongoing construction and development.

In an unexpected turn of events, the real estate market in Dubai really picked well after the Corona Pandemic.

2. Tax-Free Rental Income

This is one of the major drivers of the steady growth of the real estate market in Dubai. 

The government of the day doesn’t require an investor to pay any tax on the rental income earned from their property. Also, purchasing any commercial, residential or off plan property in Dubai property is free of annual taxes.

When you buy property in Dubai, however, you must pay a one-time land registry tax. This amounts to 4% of the sale price. The buyer pays half of the fee, and the seller pays the other half.

3. Strategic Location

Dubai’s geographical location makes it a global hub for trade and tourism. It’s proximity to major markets in Asia, Africa, and Europe has also fueled its real estate success.

Dubai International Airport is one of the most busiest airports that handles a huge number of direct flights from major cities of the World. It is another reason that Dubai is now considered a hub for Tourism, IT, Entertainment and Global Trade.

4. Robust Infrastructure

Dubai boasts of world-class infrastructure, from roads and public transport, schools and healthcare facilities, to world-class amenities, making it an appealing place to live and work.

Dubai’s real estate market offers the world’s most luxurious lifestyle with some world class facilities and amenities ensuring a plush lifestyle and elevated standard of living.

Well planned infrastructure, thriving businesses, plush amenities, integrated transportation and many other elements provided in Dubai city makes it one of the best cities in the world to invest and grow

5. Safe Investment Environment

The UAE government has implemented strict legal and regulatory frameworks to protect property investors, and ensuring a safe and secure investment environment.

Dubai has become one of the most secure and peaceful cities in the world, offering a sense of security to the residents.

The city has a very low crime rate, ensuring the safety of your investments. While the law and order protects its inhabitants providing a peaceful environment to live and thrive.

6. High Quality of Life

All these factors conjoin to provide high quality life to residents of Dubai. From magnificent buildings, well connected infrastructure, state-of-the-art social amenities, proximity to global destinations, and a supportive government.

All these attract people to Dubai wanting to experience the great life and as a result bringing more business to Dubai. 

7. Diversified Property Options

Dubai is a growing economy that multiplies several times with each passing decade. The Dubai property market offers a tremendous amount of business options in a thriving economic conditions.

 Dubai primarily depends on real estate and tourism. People from different backgrounds have been successfully running a wide range of businesses.

whether you are looking for a luxury villa, beachfront properties, or affordable apartments, Dubai offers a wade range of property options to suit all investment preferences.

Conclusion

Investing in Dubai Real Estate market comes with numerous benefits and opportunities. 

Understanding the trends we have gone through above, coupled with the insights of experts, empowers you to make sound investment choices and stay ahead of the curve.

Whether you’re considering a property purchase, evaluating rental opportunities, or simply staying informed, this complete overview serves as your compass in the dynamic world of Dubai real estate trends.

Which reason excites you about Dubai real estate market?

Or, which one did we not include and could have made a good addition to the list?

Let us know in the comments below.

The post Is Dubai Real Estate the Best Investment Strategy in 2023? appeared first on Dubai Real Estate Blog.

For a seasoned property investor or a first-time buyer, three major points are ever the pivot to deciding whether to invest in a property or not. 

Buying property in Dubai is no different. But there are some facts about any property that you ought to know firsthand before booking a seat at the bargaining table;

• How is the infrastructure around the property?
• Does the government of the land have favorable policies for property investors?
• How is the economy of the resident country?

Dubai ticks all these three questions with positive answers that welcome you to the bargaining table.

Just to mention a few welcoming reasons to buying property in Dubai;

1. Dubai is a tax-free (income, property, or capital gains) environment making it appealing to investors.
2. Booming tourist industry – there was an 89% increase in number of visitors from 2021 to 2022. This creates a high demand for rental properties and translates directly to an excellent investment opportunity.
3. Competitive property prices – Compared to other developed cities worldwide, Dubai’s real estate offers relatively low prices.
4. Strong ROI – All the above-mentioned reasons lead to a high return on investment.
5. You will get a golden visa – this applies for buyers of property in freehold zones. They get the visa for 2 or 20 years which come with its own benefits like opening bank account for international transactions, and they won’t be required to live in the country permanently.

In this extensive guide to buying property in Dubai, I’m going to bring you to speed on all it takes to purchase property in Dubai.

We will look at the laws and legal procedures of acquiring property, the requirements, we will then compare off-plan and secondary market properties, and finally help you settle well in the community once you are a happy owner.

At the end of this article, you should be confident enough to start the process of purchasing property in Dubai, armed with factual data on where to get the best value for your money.

Let us break this whole concept down, shall we?

Property market in Dubai

According to a “Dubai Property Market Forecast For 2023” report, the Dubai property market is poised to witness the biggest price growth in the world.

A 75% increase in sale from 2021(AED 149 billion) to 2022(AED 261 billion) just reflects how dynamic the market is.

AI-powered research by Dubai-based proptech Realiste predicts that high-end, luxury homes prices will shoot by 6.75 to 20.3 percent whereas its equivalent in London will only witness a 3.5 % increase.

The competitive advantages of:

• Zero property taxes,
• High yields,
• And affordable prices

Are the driving force for the sustained growth.

The study by Realiste acknowledges the significant growth in prime neighborhoods like Palm Jumeirah, Port de la Mer, and Safa Park.

Let us look at the prime neighborhoods in Dubai.

Prime neighborhoods in Dubai

Some residential areas in Dubai offer a magnificent skyline, modern amenities, and ease-of-access to social facilities.

They include:

1. Downtown Dubai

This had to be the first because it is the most popular neighborhoods in Dubai. It is home to:

• The world famous Burj Khalifa
• The Dubai Mall
• The Dubai Opera

This is a perfect fit for those who love to be in the center of the action. With a stable increase in property prices in the recent years, this is a great opportunity for property investors.

2. Palm Jumeirah

Located on one of the artificial islands off the coast of Dubai, and considered to be the city’s most luxurious neighborhood, Palm Jumeirah offers private beaches, swimming pools, and a wide range of amenities.

Properties for sale here include luxury villas, townhouses, and apartments. It is an ideal opportunity for high-end clients seeking for luxurious living.

The average price per m² here is approximately $7,887, while the average price of property is $830,452.

3. Business Bay

Home to major multinational corporations and top business figures makes it a prime location to own property.

With an exclusive view across Burj Khalifa Lake Park, this neighborhood is a dream of many. It is a rapidly developing neighborhood and becoming a popular choice for investors.

The average price per m² here is approximately $5,536, while the average price of property is $354,685.

4. Emirates Hills

Surrounded with lush green landscapes, and some of the top golf courses, this neighborhood is ideal for individuals seeking exclusive lifestyle.

5. Al Furjan

This is a neighborhood comprising of villas and its proximity to Al Maktoum International Airport offers great accessibility to other parts of Dubai.

The average price per m² here is approximately $3,095, while the average price of property is $232,614.

6. Arabian Ranches

This is a gated community found in the heart of Dubai. 

It is known for luxurious properties and high-end amenities, making it a popular investor destination.

7. Dubai Marina

A well-connected investment location known for modern sky-scrapers, prime location, luxurious properties, and a vibrant night-life.

Here you will get penthouses, villas, and luxury apartments.

These are just but a few of the prime neighborhoods offering high potential for property buyers in Dubai.

Once you are decided on your target neighborhood, you should be aware of the laws of the land pertaining buying property.

This is to ensure that you are in good books with the government and to avoid any legal tussles.

Let us now look at the existent laws about property acquisition in Dubai.

Laws pertaining buying property in Dubai 

There exists a law concerning property registration in the Emirate of Dubai called Law No. 7 of 2006.

This law provides for directions concerning buying property for nationals and foreigners and directs as follows:

• Article 4: The right to own real property is restricted to UAE and GCC nationals, companies owned in full by them, and to public joint stock companies.
• Non-nationals can be granted right to freehold ownership without time restrictions or leasehold rights for a period not exceeding 99 years.

Freehold ownership means the owner will enjoy free ownership forever and is free to use the property for any purposes in accordance with the local regulations.

While leasehold rights mean you hold the rights to use and occupy the property for a specific period of time, after which you can renew, extend, or return the property.

In simple terms, leasehold rights give the buyer a right to own the physical property for a duration of time; between 50-99 years, but not the land the property is built on.

In Dubai, a foreigner can own property on freehold in areas designated as freehold. The foreigner can also choose to buy leasehold property for a duration of 99 years.

There are 9 freehold zones in Abu Dhabi and 50 in Dubai.

With the laws out of the way, lets now see the legal steps to go through when purchasing property in Dubai.

Legal steps to buying property in Dubai

Now that we are aware of the laws about buying and owning property in Dubai as a local and a foreigner, it is time to familiarize ourselves with the legal steps that you must follow to purchase property.

Kindly note that we have not listed preliminary steps e.g., looking for property, researching about the developer, etc. That’s why New Developments is here for you. To bring your dream of owning property in Dubai to a reality. 

The legal steps to buying property are the mandatory steps that will help incase of a conflict with the developer.

The legal steps are:

1. With The Assistance of a Professional, Formulate A Contract Between the Buyer and The Seller

After all the hustle of finding the perfect-fit property for your lifestyle and pocket, now comes the other important part – paper work.

For this you MUST be guided by a professional to avoid any costly mistakes that can occur later. This also rules out the inclusion of ambiguities in the contract to be signed.

The contract must include;

• Agreed sale price, 
• Seller’s and buyer’s information, 
• Mode of payment,
• Security deposit details, 
• And specific property details like completion date, conflict resolution etc.

This helps make the purchase and transfer of the property smooth by placing the buyer and seller on the same page.

2. Sign The Formulated Agreement of Sale

The agreement, also known as Form F in the RERA Real Estate Forms or MOU will be prepared by the real estate agent who will also act as the witness during the signing.

The form is signed by both the buyer, seller, and the witness. The buyer will be required to pay 10% security deposit to the Registration Trustee and the deposit will be refunded on property handover.

3. Apply For a No Objection Certificate (NOC)

A No Objection Certificate (NOC) is a permission statement given to a person or a company to proceed with the purchase or construction of a property. It is an official document required to complete a real estate transaction.

This is a necessary document before the property ownership is transferred to the buyer.

A meeting between the buyer, seller, real estate agent, and the developer in the latter’s office will happen. Application and payment of NOC will proceed if there are no outstanding service charge on the property.

4. Effect Ownership Transfer with Dubai Land Department (DLD)

This is the last step of becoming the legal owner of the property you’ve purchased.

The buyer and the seller will go to the Dubai Land Department, and present the documents listed bellow for the property ownership transfer to be effective:

• Original identification documents for both buyer and seller.
• Original NOC issued by the developer.
• Signed MOU
• A cheque for the property payable to the seller.

Once all these have been verified, you become a legal owner and a title deed in your name will be issued.

Congratulations on being the newest owner of property in Dubai.

Let us now look at the requirements needed for one to buy property in Dubai.

Factors to consider before buying property in Dubai

There are a number of considerations to have in mind before making the purchase. They include;

Affordability – You have to factor in the total cost of the property plus the maintenance, administrative, and tax costs that apply to your property. 

As a norm in the real estate realm, you should always have a few extra cash remaining after your purchase for any unintended eventualities, an extra 10% of the whole property cost.

Rental yields – The rental income expected should comfortably pay your mortgage and maintenance expenses. 

Trends and Market conditions – This is a prerequisite if you want the best value for your money. With many properties coming up, prices may decline or better properties might be built. Finding out about these trends will help you make an informed decision.

Location – Depending on your taste and preference, amenities and infrastructure around the property will be a decision factor. 

Developer – the reputation of the developer and their previous projects will also guide your trust towards their project. You’ll want to invest in a developer who has previous successful projects

Deposit and Tax for buying property in Dubai

The following taxes and fees are applicable upon buying a property in Dubai:

1. Transfer tax – This varies depending on the location of the property. For example, it costs 4% in Dubai and 2% in Abu Dhabi. The transfer tax is paid in a 50/50 arrangement from both buyer and seller.
2. Registration fee – This is a one off, standard fee depending on the value of the deal. There’s a cut off where if the value is below $137,000, the fee is $545, but if it exceeds $137,000, the n the registration fee to be paid is $1,090.
3. Administration fee – a one-off payment of $147
4. Certificate of Ownership administration fee of $68.

If the property in question is a commercial one, then the buyer will pay an additional 5% VAT.

NOTE:

• No annual tax is charged for owning property.
• If your property is a rental, your rental income is not subject to taxation.
• Seller and buyer pay the transfer tax half-half.
• The average costs of basic utilities for an 85m² apartment are $163 per month.
• The internet costs around $100 per month.

Off-plan or secondary market?

In any property market globally, primary (off-plan) and secondary (re-sale) products are a subject of contention.

The existence of both in any specific location is a positive indicator for investors. Even though they are driven by different factors; increased urbanization, supply and demand, economic trends, etc., there should be a minimal price gap difference between the two.

For the past three years, the property market in Dubai has been favorable for off-plan properties signifying a booming economy and an increased population.

For you to decide on whether to invest in an off-plan or secondary property, consider these:

For Off-plan Property;

• The low upfront costs make off-plan properties cheaper than their secondary counterparts. The payment breakdown offered makes it cheaper in the long run. The deposit and subsequent installments are lower than the one-off payment needed for the secondary market. 
• Due to a staggered payment plan, capital appreciation will result in a higher return on equity. 
• The primary market is full of offers making it a much easier and affordable option for investors.

For Secondary Property;

• The component of existent rental yields equates to an instant return on investment. Rental yields in Dubai are equivalent or exceed mortgage rates.
• The risks of cancellation and delays as with off-plan properties is non-existent for the secondary market.
• Great deals from sellers in a haste to dispose their properties give investors an advantage.

How to settle well in Dubai?

Dubai has already established itself as a number one travel destination as the world’s leading trade and economic hub.

The directive of the government to lower barriers of foreigners doing business has made it an excellent place to invest and live.

Availability of modern and state-of-the-art amenities and infrastructure just add to the reasons why Dubai is becoming an ideal place to settle with the family.

As a non GCC national, you’ll require a UAE residency visa in order to reside in Dubai.

Types of residence visas in Dubai

1. Work permit visa – This is provided by employers and range from one to three years.
2. Green Visas – This is a self-sponsored visa for a period of 5 years.
3. Medium to Long-term investor visas – For investors who’ve bought property worth AED 2 million or more. 
4. Golden visas for special professions – A ten-year visa for specialized professionals such as doctors, engineers, scientists, and researchers.
5. Retiree Visas – Expats over the age of 55 are eligible for the renewable 5-year visa upon meeting a set criterion.

The benefits of having either of these range from;

• Permission to open a bank account for global transactions
• Permission to buy property, get a driving license, and to operate freely in the leading economy hub.
• Access to social amenities and modern infrastructure
• Residency in UAE.

That’s a wrap! You are now a resident of Dubai. Remember to stick to the legal steps when buying property to safeguard your investment from any eventualities.

At New Developments, we will walk with you through all the steps of property purchase. Ensuring that you comply with the local law and getting the most value for your property.

Do you have any concerns you want addressed? Comment below and we will definitely make everything clear.

The post How to Buy Off Plan Properties in Dubai appeared first on Dubai Real Estate Blog.

According to Dubai Land Department(DLD), from 6th August to 12th August 2023, a total of 3103 real estate and properties valued at AED 9.7 billion were transacted. This shows how massive the real estate business is in Dubai.

There’s never been a better time to invest in off-plan properties in Dubai as now.

So, what exactly are off-plan properties? And why should you consider investing in them?

In this guide, we will explore both sides of the coin to help you navigate this lucrative market and make informed decisions.

Key Takeaways

• Off-plan properties in Dubai is an enticing investment opportunity to own property in the world’s most vibrant and dynamic city.
• Beware of all potential risks associated with off-plan properties in Dubai to avoid disappointments.
• Conducting thorough research on all aspects of a property as well as utilizing experienced professionals are mandatory for stress-free investment.

What are off-plan properties?

Off-plan properties are properties that are sold before completion, and sometimes before construction. In other words, you are buying a property yet to be built or one under construction.

Is it safe to buy off-plan property in Dubai?

Yes, if approached with caution and conducting proper due diligence. 

It is advisable to find out the developer’s track record, financial position, project registration, and reviewing the contract agreement.

For a peace of mind and an extra sense of security, engage a reputable real estate agent and seek legal advice.

What happens if I’m not able to pay my off-plan property in Dubai?

If through any unplanned event you find yourself not able to pay for your property, review the terms and conditions of the sales agreement.

Communicate with the developer while seeking professional services to understand what your rights and obligations are.

Depending on the stage of the project, you could either seek payment restructuring, termination, or face penalty.

This should be addressed promptly to help protect your investment and minimize potential risks.

Is Dubai a risky investment?

Dubai’s:

• Stable economy, 
• Strategic location, 
• Tax-free market, 
• Safe environment, 
• Modern legal system, 
• High return on investment, 
• World-class infrastructure, 
• And commitment to development and innovation,

 makes it an attractive destination for investors looking to diversify their portfolios.

However, as with any investment, there are risks associated with investing in Dubai’s real estate market.

Ensure to conduct thorough research, find reputable developers, and seek professional advice to reduce risks and to make sound investment decisions based on your ability.

Is it worth owning a property in Dubai?

Yes! And for several reasons;

1. Dubai offers a thriving real estate market with attractive ROI from rental income and capital appreciation.
2. The city’s strategic location, robust infrastructure, and a top tourist destination makes it an ideal investment destination.
3. Zero property tax from the government makes it a prime investment.
4. The ever-rising population in Dubai offers a ready market for renting and buying property.

Let’s now find out the advantages and disadvantages of investing in off-plan properties in Dubai.

The Pros of Investing in Off-plan Properties in Dubai

1. Potential for price appreciation

Investing in off-plan properties allows you to tap into the potential for price appreciation. As the property market continues to grow, buying at an early stage leads to substantial gains as the market value increases.

2. Flexible payment plans

Developers often offer flexible payment plans, with attractive installment options giving you the chance to spread the payment over the construction phase.

This makes it more affordable and easier to manage in terms of progress.

3. Newer buildings and amenities

Off-plan properties are part of newer developments and as such provides the chance to enjoy modern amenities, state-of-the-art facilities and designs.

This is attractive for people wanting to experience a new lifestyle and directly attracting higher rental yields.

4. Low initial cost

Investing in off-plan properties require a lower upfront cost compared to ready properties. 

Developers offer attractive launch prices, early bird discounts, or special incentives to encourage early buyers.

This is a cost-effective way to enter the property market and secure a valuable property.

5. Attractive add-ons

Developers offer attractive complimentary services such as free maintenance for a specified period, guaranteed rental returns, or inclusion of furniture packages.

This makes the off-plan property more appealing due to the added value.

Enough of the sweet side, let now turn the potential ugly side of off-plan properties in Dubai:

The Cons of Investing in Off-plan Properties in Dubai

1. Delayed completion

Construction timelines can be affected by a number of factors e.g., permitting, weather conditions, or unexpected challenges. It is essential to consider the possibility and be prepared for potential delays.

2. Market fluctuations

The real estate market is subject to fluctuations and off-plan properties are no exception. Market conditions, supply and demand dynamics, and a lot other economic factors may influence the property’s value.

It is therefore important to assess market trends in order to make informed decisions.

3. Limited information

There might be limited information about the property when it is up for sale, for example exact layout, final finishes, or the surrounding infrastructure.

Even though detailed plans and specifications may be provided, some aspects are uncertain until the project reaches an advanced stage.

4. Risk of developer default

This is a rare one, but it can still occur.

There exists a risk of the developer defaulting on their obligations during challenging economic times. It is always in your best interest to choose a developer with a reputable track record and financial stability.

5. Potential changes to original plan

Due to one reason or another, developers may make changes to the original plan. The changes are always for the good of the whole project but it is important to know the developers’ rights regarding any modification.

With the advantages and the disadvantages listed above, you can now make an informed decision when looking to purchase an off-plan property in Dubai.

If after completion you want to sell your property, then you can follow these simple steps.

How to Resell Off-plan Property in Dubai

Reselling an off-plan property follows a similar process to selling completed properties:

• Determine the market value of the property
• Assess current market conditions
• Advertise the property through various channels
• Prepare all necessary documentation
• Ensure compliance with relevant authorities
• Seek legal advice throughout this process.

Remember to do all this under the guidance of a qualified real estate agent who has experience in off-plan transactions in Dubai.

To culminate all these, here are the top tips for investing in off-plan properties in Dubai.

Top 5 Tips for Investing in Off-plan Properties in Dubai

1. Research about the developer and the project

Before committing your finances to a project, find out the developer’s reputation, track record, and financial stability.

Go through their previous projects, their customer reviews, and testimonials. After you are satisfied with the developer, research about the project.

Where will it be located? Which amenities will be included, and the potential growth of that area.

2. Understand the payment plan

Compare your financial abilities to the offered payment plan. Consider the down payment amount, installment structure, and frequency of payment. Also, preempt the potential consequences of late/missed payments.

3. Consult with real estate experts

Use the services of a real estate expert to know the market trends, pricing modules, investment potential, and any other valuable insight.

This will guide your decision-making process.

4. Evaluate location and growth potential

Look for areas that offer good infrastructure, proximity to key amenities, major roads, and any new upcoming development.

Any property in an area with strong economic growth and active government initiatives is a clear indication of property value appreciation in the future.

5. Review contracts and legal aspects

Before committing your finances to an off-plan property, seek legal advice to ensure the contracts are fair, transparent, and protect your rights as an investor.

Some of the key clauses to check are; delivery dates, penalty provisions, and dispute resolution mechanisms.

Conclusion

Whereas investing in an off-plan property in Dubai offers a unique opportunity, informed investment decisions are mandatory due to the  high amount of money to be invested.

By conducting thorough research, seeking expert advice, and evaluating your financial position, you can align your investment strategy for a successful, rewarding venture.

Also remember that off-plan properties in Dubai offer potential for price appreciation, flexible payment options, and access to modern facilities and amenities.

The post Why Should You Buy Off-plan Properties in Dubai? appeared first on Dubai Real Estate Blog.

Search and shortlist your property

The first step is to know your requirements in terms of the type of property you are looking for. Do you want a small flat, an independent villa, a small apartment, or an entire floor. Decide this based on the number of members in your family, your overall requirements, and not to forget your budget. Some of the types of residential properties in Dubai that you can find on the website include –

• Apartments
• Townhouses
• Residential Plots
• Villas
• Penthouses
• Hotel apartments

You should also consider the area of Dubai you want to live in. Do you want a rented property that’s close to your workspace or are you shifting to a rented property that’s close enough for your child’s educational institute? Do you need a furnished or an unfurnished property, check the comprehensive list of amenities provided, go through the annual rent and maintenance fee (if any). Answer all these questions, and then proceed cautiously. The top 10 areas to rent property in Dubai are –

• Al Barari
• Jumeirah Golf Estates
• Dubai Hills Estate
• Za’abeel
• Dubai Marina
• Downtown Dubai
• Business Bay
• Palm Jumeirah Apartments
• Jumeirah Beach Residence
• City Walk

If you are renting a property in Dubai, you can opt for a cosy three-bedroom apartment which would be ideal for a newly married couple or a nuclear family. You can also opt for penthouses if you like open spaces and if you have that kind of budget, or go for palatial villas and experience opulence and royal living at its best in Dubai.

Visit the property

Once you have answered all the questions regarding – what and why, the next step should be to visit the shortlisted properties and see them for yourself. You cannot judge the property just by looking at it online, so don’t make this mistake.

Here are some things you should keep in mind.

For the property –

• Does the property get enough natural light?
• Does it need repainting?
• Are the rooms spacious enough?
• Are plumbing works and electrical fittings in place?
• Do tenants get a designated parking spot?
• Is the building equipped with security measures such as cameras, a security guard and an intercom?
• Are there any facilities such as gym and swimming pool?

For the neighbourhood –

• Is the neighbourhood too noisy?
• Is the area safe?
• Are there any constructions going on which might cause disturbance?
• Is it a family-friendly and pet-friendly neighbourhood?
• Is it well connected to public transport?
• It is in close proximity to your workplace? 

Understand the terms and conditions and reserve the property

If you like any one of the properties that you’ve shortlisted and want to go ahead with renting it, you need to reserve it. There are two types of rentals in Dubai – short-term rentals and long-term rentals. You can talk to your agent about these and understand which of these would be most suitable for you.

To reserve the property, you will need to pay a refundable security deposit (one month’s rent or 5% of the rent) to your landlord. If you’re going through a real estate agent, he/she will usually hold onto this amount until the deal is finalised. Make sure you get a receipt when you submit the deposit cheque (or cash).

Review and sign the tenancy agreement

Once you pay the security deposit, your agent shares the tenancy contract with you. The contract must be in accordance with tenancy laws in Dubai. It’s also vital that you understand what tenants in Dubai are entitled to before formalising a contract. Make sure to go through tenant laws online before you make your final move.

Both parties can add special clauses as long as there is a mutual agreement on the same. Make sure you go over the contract, suggest any changes if required, and understand all the mentioned terms and conditions.

Once you are sure, sign and submit the tenancy contract along with rent cheques and the agency commission to the agent. Ask for receipts for each payment that you make. The agent will then get the tenancy contract signed by the landlord and hand over the rent cheques given by you. Make sure you keep a copy of the contract and an acknowledgement receipt with you. One copy of the contract is usually handed to the landlord and one is given to the tenant.

Tenant Laws

Some of the most common tenant laws that you should be aware of are –

• The tenant needs to carefully scrutinize the papers before signing. Remember: if you have signed on the dotted line, you cannot renege on any of the clauses, even if they seem unfair to you.
• At the end of 12 months, the tenant is under no obligation to renew the contract if he/she isn’t agreeable with the revised asking rate.
• Tenants can only alter fixtures and fittings, or carry out any other form of alteration, with the consent of the landlord; this is something which the contract should stipulate.
• The tenant will have to pay a penalty in case he or she breaks the contract and leaves early; this is usually two months’ rent.
• Sub-letting or flat-sharing is legally unauthorized unless the tenant has the landlord’s express and written consent.
• In buildings with apartments, there is usually a garbage disposal chute on every floor; it’s the responsibility of the tenant to dispose of trash into the chute. There shouldn’t be any remnants of trash lying on the floor or in any common area. In villas, maintenance workers will collect your garbage. If you live in a standalone villa, you will have to use the services of local municipality garbage collectors, and pay them the standard rates.
• The tenant needs to maintain the property well. If at the end of the term, there are any damages, the cost of fixing them will come from the security deposit.

Documents needed to rent a property in Dubai

Dubai real estate is highly in demand and people and expats from all over the world are moving their base to this wonderful city in search of new opportunities. If you are also looking to rent a property in Dubai, then you need to have this document checklist in mind.

• Passport copy
• Resident visa copy
• Emirates ID copy
• Agency fee cheque (it is typically 5% of the annual rental amount)
• Security deposit cheque (it is typically 5% of the annual rental amount for unfurnished and 10% for furnished properties)

Important things to know

• Tenancy contracts in the UAE are annual.

• It takes four to five working days for the contract to be drawn out. The paperwork is done by the agent in consultation with the landlord.

• Contracts are binding for a year, so if you leave out of turn, you will need to pay a penalty; usually two months’ rent, and you also have to give two months’ notice.

• Rents are mostly paid quarterly, but some landlords may ask for three checks instead of four. You might actually get a better deal if you decide to give two checks. 

• If you use an agent’s services, you can pay the commission in cash or by check. It is usually 5% of the rental value.

Frequently Asked Questions (FAQs)

Is it easy to rent out property in Dubai?

The process of renting a property in Dubai is fairly simple and straightforward. RERA laws have been simplified to make the entire process hassle free and less time consuming.

Can I pay rent monthly in Dubai?

Yes, you can pay monthly rent in Dubai. It is a more convenient option, but it comes at a premium. You usually end up paying higher in the long run as compared to what you would otherwise be paying in a single cheque.

Are bills included in the rent in Dubai?

In the emirate of Dubai, a housing fee applies for your water and electricity bill; this is the equivalent of 5% of your monthly rent.

What can I do if I have any disputes?

All emirates have rental disputes resolution committees. In Dubai, for instance, there is the Rental Dispute Settlement Centre, at Dubai Land Department’s head office in Deira.

The post Guide to Renting Property in Dubai appeared first on Dubai Real Estate Blog.

According to the Knight Frank’s Prime International Residential Index 100, Dubai ranked first in terms of prime price performance across 100 cities and second-home markets worldwide in 2021.

Here are the top 5 luxury apartment developments in Dubai.

• Six Senses Residences

Located on Palm Jumeirah, Six Senses Residences The Palm is the first project in the UAE under the iconic Six Senses brand. With Six Senses Residences you can take your lifestyle a notch higher and get the best of luxury and comfort. The ultra-luxury project will consist of a 60-key hotel and 162 gorgeous residences, namely 2-4 bedroom Penthouses, Royal Penthouses, duplex Sky Villas and Signature Villas.  The starting price here is set at AED 9.4M (USD 2.5M).

These luxury apartments will be surrounded by acres of lush green landscapes, well-manicured gardens, dedicated running paths, tennis courts. The project also boasst a whopping 60,000 sq. ft of business, leisure and recreational amenities. These include, but are not limited to F&B venues, a signature rooftop bar, a gym, a squash court, a children’s club, a spa, a library, and a lot more.

• The Ritz Carlton Residences

You might be familiar with the name – The Ritz Carlton. It is one of the most reputed hotel chains in the world and is known for its opulent and magnificent properties. But did you know that in Dubai you can live in The Ritz Carlton Residences?

It is a department of MAG Group, is the first Ritz-Carlton branded development in Dubai, set along the Dubai Creek. The complex offers beautifully crafted 2-3 bedroom apartments ranging in size from 2,498 sq. ft to 3,585 sq. ft, penthouses with sky gardens, and 12 eight-bedroom mega-mansions. Depending upon the type of property you choose, you’ll get access to private garden/garden resort and a swimming pool.

Some of the main amenities of The Ritz Carlton Dubai are – a gallery, a library lounge and a residential drop-off, sustainable and organic-focused retail spaces, a members’ only resort clubhouse, a private helipad, a business center, indoor swimming pools.  The starting cost for a 2-bedroom apartment in The Ritz-Carlton Residences amounts to AED 11M (USD 3M).

• Golf Suites

Golf Suites is situated in Dubai Estate Hills and is the perfect luxurious residential complex for people who like vast open spaces. Overlooking the world-class 1,120,000 sq. m Hole Golf Course, Golf Suites features two- and three-bedroom apartments.

Within the community, residents can enjoy unwind and enjoy 18-hole Championship golf course, Clubhouse, on-site gym, mall, and park. It’s prime location is also the highlight of this luxurious residential project. It takes10 minutes to reach Downtown Dubai and just 20-25 minutes away from Dubai International Airport on Al Khail Road. The starting price is AED 1M.

• Madinat Jumeirah Living

Next on the list of best luxury apartments in Dubai is Madinat Jumeirah Living. It is one of the first freehold luxury residential development located in prime Jumeirah district. The design elements complement what Madinat Jumeirah offers, authentic traditions centre of Arabic life, and is designed with safety at heart.

The main amenities include – children’s play area, shared pool, landmark view, great security, valet parking, cycling tracks, covered parking, gym, children pool, and luxury and high-end finishing.

If you like beautiful views and great interiors, then this would be the perfect luxury apartments for you and your family. It is located just 20 minutes from Dubai International Airport and is well connected by road and public transport to different parts of the city. You can choose from 1,2,3, and 4 bedroom apartments. The starting price of one bedroom is AED 1.2M.

• St. Regis The Residences

Looking for the ultimate luxury living experience in Dubai? Head to St. Regis The Residences. It is a super stylish luxury living apartment that’s developed by Emaar Properties. It consists of 2 towers rising above the Opera District. There is an exclusive collection of 1-3 bedroom apartments available for sale at the initial cost of AED 2.15M. You’ll get world-class amenities in the property and a pool deck offering great views over the Dubai Opera promenade, where you can relax and unwind with your loved ones.

The residents will have access to a restaurant and bar, a cigar lounge, concierge, a butler service, 2 adult swimming pools and a spa. The master plan includes office spaces, retail outlets, a children’s play area and a library. The highlight of the project would be a magnificent lobby that can be found in almost all St. Regis hotels across the globe.

The post Top 5 Luxury Apartment Developments in Dubai appeared first on Dubai Real Estate Blog.

RERA, Dubai was established to regulate and supervise the real estate market, ensure transparency, protect the rights of buyers and investors, and enhance the overall health of the real estate industry in the emirate.

Key functions and responsibilities of RERA Dubai include:

1. Licensing
2. Project Approvals
3. Regulations and Guidelines
4. Consumer Protection
5. Regulating Escrow Accounts
6. Dispute Resolution
7. Market Monitoring

Dubai has emerged to be one of the best cities in the world. People from all over the world have moved here in search of better work opportunities. A lot of people these days are also investing in various properties in Dubai considering it is such a booming market.

But did you know that buying property in Dubai can be slightly cumbersome? If you don’t know all the rules and procedures?

To make things easier for you, we have come up with this informative blog to expound on what RERA is, and the different kinds of RERA forms you should fill.

Let us first know the purpose of RERA…

What is RERA?

Real Estate Regulatory Agency, or RERA, is the regulatory arm of the Dubai Land Department, which regulates and authorizes the real estate sector in Dubai.

RERA is in place to ensure that all the property related transactions are fair and transparent. If you want to buy or sell property in Dubai, especially for the first time, you need to have all RERA forms in place.

There are different kinds of forms, so read on to know about each of them and their significance.

Form A – Agency contract agreement/ listing form

If you want to sell a property, then Form A is one of the most important forms you need to have. Once a seller has found the agent who wants to advertise their property, the seller and listing agent must sign RERA Form A. Clauses in RERA form A include:

• An outline of the agreement between the seller and the listing agent.
• Property details like financial information, service charges, mortgage status and payment schedules.
• Details regarding how the property will be marketed. The seller is not authorised to advertise the property on any portal without a written agreement.

After Form A has been signed, it will be approved by the DLD’s Trakheesi system, which will assign the property advertisement a permit number.

Keep in mind that the broker needs to get the seller’s details if you want to list the property for sale.

If two or more people jointly own the property, then each of them has to sign on the RERA Form A.

According to RERA, a property owner can only complete three Form A at a time and deal with a maximum of three brokers (one form for each broker).

Form B – Buyer’s Agent Agreement

If you want to buy property in Dubai, you need to have RERA Form B.

If you’re searching for offices for sale in Dubai, then RERA form B is also for you.

RERA Form B needs to be signed when the buyer appoints an agent to put the property on sale. Make sure you always deal with RERA certified property dealers as they’ll have all the valid information and will make buying and selling property in Dubai a lot easier and hassle free.

The information in Form B includes –

• The property type the buyer is interested in
• The property’s location
• The buyer’s budget
• Requirements of the buyer

It should also include contract termination terms and conditions and agency commission.

As per RERA law, the buyer is obligated to terminate this agreement unilaterally for a specific reason.

If such a situation arises, the buyer needs to fill out Form U with a detailed description of the reason for terminating further cooperation with the agent.

Form I – Agency Agreement

Form I is as an agreement between two agents, each from the side of the buyer and the seller. The form protects the agent’s rights, listings and clients. Form I also ensures a professional relationship between two or more agents. The need of Form I usually arises when there are several agents involved in a single transaction regarding the lease or sale of a property.

The representative of the buyer will not be able to attend auctions, to view the property, or to interact with representatives of the other party’s interests without a Form I.

Form F – Contract of Sale

RERA Form F is popularly known as the Memorandum of Understanding. It is one of the most important real estate forms in Dubai if you want to purchase a property. It is basically a purchase agreement between the seller and the buyer. The form is signed once the buyer has chosen the property and a price has been decided between the two parties.

Keep in mind that Form F by RERA is only a valid contract after it has been signed by the seller and the buyer. It must also be witnessed and dated by the agent.

Form U – Notice of cancellation of agreement

RERA Form U in Dubai is both parties’ official agreement cancellation notice. The buyer or seller can unilaterally terminate the contract with the broker by signing a copy of Form U. It is the only legally accepted way to end the agreement.

As per the regulations in Form U, the real estate agent must be notified about the agreement termination in written form and the reason of termination also needs to be mentioned.

The post Rera Forms Used While Buying Real Estate in Dubai appeared first on Dubai Real Estate Blog.

 Emaar Properties consistently offers luxury experiences and a high standard of living across all its market segments. It is one of the most reputed names in the property industry of Dubai and the entire UAE.

Read on to find the top 10 best Emaar projects in Dubai.

Properties in Emaar Beachfront

Emaar Beachfront is a gated community with a total area of 10 million sq. ft and is one of the most popular off-plan projects in the emirate of Dubai. The exclusive waterfront community was launched in 2018 and upon its completion, will offer 27 residential complexes with 10,000 housing units. It includes 1–4-bedroom apartments, 3–4-bedroom penthouses and podium villas, overlooking the sea. The district has good transport accessibility and is located near Palm Jumeirah, Dubai Internet City, Dubai Marina and JBR. Residents of the Emaar Beachfront area will benefit from easy access to one of the main highways in the emirate – Sheikh Zayed Road. 

• Emaar Beachfront Address the Bay

Address The Bay is a newly launched Emaar project that has quickly become the talk of the town. It is a premium luxury residential complex and has the best location in Emaar Beachfront. It is currently in development stage and the estimated year of completion is said to be 2026.

Residents will enjoy gorgeous views of the sea and the Emaar Beachfront area. The building has a thoughtful design, which provides panoramic views from more than 75% of the residences in both directions. The luxury facilities include – an infinity pool, an opulent hotel lobby, and a world-class hotel service. The starting price for a 1-bedroom apartment in Address the Bay constitutes around AED 2,250,000.

• Emaar Beachfront Beach Mansion

If you are a fan of urban and modern lifestyle, then Emaar Beachfront Beach Mansion is the perfect choice for you. It is among the best Emaar projects and is great for investment as well. The complex offers 1–4 bedroom apartments, 3–4 bedroom townhouses and 4-bedroom penthouses that all come with spacious balconies. The project is under construction as of now and is estimated to be completed by 2025. Some of the main amenities of Emaar Beach Mansion are – access to a private beach, a children’s playground, fitness center and infinity swimming pool.

The starting price for a 1-bedroom apartment in Beach Mansion constitutes AED 1,759,000. The minimum cost of a 3-bedroom townhouse is AED 7,000,000 and 4-bedroom penthouses cost AED 8,040,000.

• Emaar Beachfront Palace Beach Residence

Emaar Beachfront Palace Beach Residence is an Emaar waterfront residential complex which offers beachfront apartments with resort-style living. The building is said to have 24 floors with 1 -3-bedroom apartments. The highlight of Emaar Beachfront Palace Beach Residence is that residents will get floor to ceiling windows.

The main amenities include –  an infinity swimming pool overlooking the sea, a fitness center, a spa, a safe children’s playground, a lounge deck, round-the-clock security system, and allocated parking. It is a great Emaar project and currently it is under construction. It is said to be completed by October 2025. The starting price for a 1-bedroom residence in Emaar Beachfront Palace Beach Residence constitutes AED 1,430,000.

Emaar Projects in Dubai Marina

The area of Dubai Marina is popularly known as the Arabian Venice. It has ultra-modern cafes, residential buildings, hotels along the waterfront and is emerging to be one of the favorite residential places in Dubai. If you want to invest in an Emaar Project, consider the following in Dubai Marina area.

• Emaar 52 | 42

Emaar 52 | 42 includes two residential towers with 42 and 42 floors each. The two buildings stand on the shared podium level with an additional 44 residential units and luxury amenities such as retail and dining outlets, a gymnasium and swimming pools. It is one of the best Emaar projects in Dubai Marina area. It is completed and was handed over in 2020. The starting price for a 1-bedroom residence in 52 | 42 constitutes AED 1,400,000.

• Emaar VIDA Residences Dubai Marina

If we talk about luxury and premium living, then Emaar VIDA Residences are always in the list. They are a premium triangular residential tower with 57 floors. It offers 300 luxury apartments with 1–4 bedrooms, which combine world-class design and modern fittings. Each residence has panoramic windows for breath-taking views. The project is in its final stage of construction and will soon be ready. The starting price for a 1-bedroom residence in Emaar VIDA Residences Dubai Marina is AED 1,300,000.

Emaar Properties in Dubai Creek Harbor

Dubai Creek Harbour is a huge waterfront neighbourhood, located on the bank of Dubai Creek. It is a great area both for residential as well as entertainment purposes and they have some of the best Emaar projects lined up which will redefine luxury living in Dubai.

• Emaar Creek Beach Orchid

Emaar Orchid Creek Beach is a new residential complex that includes two buildings with 11 residential storeys. It offers 1, 2, 3, and 4-bedroom penthouses. Emaar Creek Beach Orchid is said to have 208 residential units. It is the perfect place to live with your family and experience the luxury of world-class living in Dubai. The project is under construction and is said to be completed by September 2025. The starting price for a 1-bedroom apartment in Emaar Orchid Creek Beach constitutes AED 1,100,000.

• Emaar Creek Beach Rosewater

Emaar Creek Beach Rosewater offers a  waterfront community in a cluster of 3
elegantly designed buildings surrounding a stylish inner plaza,
just right next to the Creek Beach. You can choose from a selection of 1, 2
and 3-bedroom apartments and 3 and 4-bedroom penthouses. Residents of Creek Beach Rosewater will have easy access to Ras Al Khor Wildlife Sanctuary, home to mammals, fish and crustaceans as well as hundreds of pink flamingos.

The completion of the project is estimated to be by 2025. The price is not disclosed by the developer and can be obtained only on request.

• Emaar Creek Beach Lotus

Next on the list of best Emaar projects is Emaar Creek Beach Lotus. It is a premium residential complex with 1, 2, and 3 bedroom units. There would be 4 buildings with different numbers of residential floors –  Building 1 has six floors, Building 2 – eleven floors, Building 3 – ten floors, and Building 4 has seven floors.

Some of the main amenities include – swimming pool, a fully-equipped gymnasium, a yoga studio, and valet parking. It is under development and will be completed by 2025. The starting price for a 1-bedroom residence in Creek Beach Lotus constitutes AED 1,130,000.

• Emaar Golf Grand

If you love lush green landscapes, then Emaar Golf Grand would be the perfect residential complex for you to live in. It is located in Emaar Dubai Hills Estate and gives luxurious living a new meaning. It offers 1, 2, and 3 bedroom golf apartments and the total units would be 323.

The range of amenities include – an infinity pool, a pool deck, a fitness centre, a children’s playground, a rooftop lounge, an indoor multipurpose room, as well as a landscaped podium deck, security services, and covered parking.  The project is under construction and the handover is said to be in 2027. The starting price of 1 bedroom apartment is AED 1, 300,000

• Emaar The Valley Talia Townhouses

If you want to experience expansive living in Dubai amidst extended green land, then check out one of the best Emaar projects – The Valley Talia Townhouses. What makes Talia attractive is that you can find everything you need right on your doorstep, within the neighbourhood. There will be 328 townhouses in the community and buyers will be able to choose from three villa types such as Cyrus; crafted with white volumes, Pharo; which is full of rich tones and accents, and Elio which follows a timeless modern design. All units in the Talia will come furnished. The handover date is estimated to be March 2025. The price of the units is available on request by the developer.

The post Top 10 Emaar Projects in Dubai appeared first on Dubai Real Estate Blog.

The breathtaking desert-themed development, divided into Arabian Ranches 1 and Arabian Ranches 2, has well-established sub-communities such as Al Mahra, Al Reem, Aseel, Camelia, Reem Community, Samara, and more. The exclusive gated community has an 18-hole championship golf course, two large lakes, 15 full-size tennis courts, 19 half-size basketball courts, and two international-sized polo fields.

It is located on Sheikh Mohammed bin Zayed Road and has easy access to major highways for quick access to anywhere in Dubai. The peaceful residential area is only a 25-minute drive from Dubai International Airport and is close to Global Village, the Dubai Polo & Equestrian Club, the Burj Khalifa, and Downtown Dubai.

Things to Consider While Purchasing Off Plan Properties in Arabian Ranches

Here is the complete process of buying an Off Plan Property in Arabian Ranches Dubai.

1. Locate a property that meets your requirements in terms of size, price, budget, and location. Current sellers are asking for their original asking price or less. Do not be duped into purchasing an overpriced property. The property is still under construction, and no profit is being realized at this time. Single row properties are more expensive than back to back units. Plot sizes for single row properties are typically larger.

2. Inquire about the seller’s payments made toward Emaar’s payment plan. It is critical to understand the seller’s payment status because some sellers are falling behind on payments to the developer and accruing late payment fees.

3. Determine the cash required to purchase the property.

4. An MOU is signed once the price has been agreed upon by the seller and buyer.

5. The buyer and seller visit Emaar’s finance department (Emaar Square building 2). Any pending instalments and late payment fees are paid by the buyer on behalf of the seller (if applicable, and if seller and buyer agree to do that)

6. Once all pending payments have been made, the property is cleared, and the seller applies for NOC online through his Emaar account. Emaar charges 5,000 dhs for a NOC for off-plan properties, seller and buyer must agree who pays this amount.

7. The NOC will be generated within 24 hours and sent to the seller and buyer via email. After receiving the NOC, the buyer and seller can print a copy and proceed to the registration trustee office (DLD representative office authorized for property sale transactions) to complete the property transfer process to the new owner’s name.

Things to Consider While Buying Property Directly from Emaar

1. Emaar Properties requires 40 percent of the original property value to be paid to the developer when purchasing property.
2. 2. Any late payment penalties must be paid in full before Emaar will approve the sale of their property.
3. 3. Each community has a standard payment plan for which the client can inquire about the amount that the original property owner should have paid to date. For example, property owners in the Lila and Rasha communities should have paid 90 percent of the property value to date. Property owners in the Samara community should have paid 80% of the property value by now. The list goes on and on.
4. Certain banks offer off-plan financing, subject to special terms and conditions. The majority of current transactions in Arabian Ranches 2 are, however, in cash.

Conclusion: With key features and amenities such as green spaces, play areas, cycleways, bus routes, community pools, walkways, smart fuel station, and lakes, as well as dog-friendly walking options, the gated community allows residents to live an active lifestyle. They also have access to retail and dining options

The post How to Buy an Off Plan Property in Arabian Ranches appeared first on Dubai Real Estate Blog.

Purchasing off plan property is one of the most difficult decisions you will ever make. When you put your life savings on the line, you want to be sure you’ve made the right choice. Given Dubai’s ever-increasing real estate supply, many prospective home buyers are frequently left perplexed and frustrated. Here are some guidelines to help you weigh and narrow down your options.

Pick the Right Developer

When it comes to selecting off plan properties, it is critical to look at a developer’s history of deliveries, quality, and services. Select your developer wisely. While some developers have a stellar reputation for their communities and quality, others provide more spacious units at a better value.

Choose the Most Suitable Community

If you go golfing every weekend, it may make sense to spend a little more money to live in a golf course community, where you can benefit from being close to that amenity and most likely enjoy offers and discounts on your hobby. Living Legends, Akoya, and Jumeirah Golf Estates are all excellent choices. If you want to instil in your family the importance of social, economic, and environmental sustainability as a way of life, Sustainable City is an excellent choice.

Property Age

The more maintenance a home requires, the older it is. More upkeep means more expenses. If you are purchasing an off plan property, whether new or old, make sure to hire a qualified property inspection service. Do-it-yourself solutions or having your real estate agent check to see if the faucets are leaking or the paint is uneven can cost you thousands of dollars in the long run. Spend money on a certified property inspector and you’ll save money in the long run.

Location in Dubailand

Nobody likes long commutes or being stuck in traffic for hours on end. Choose a neighbourhood that is convenient for you and your family. Do your research about:

• How long would it take to travel to and from work?
• How congested are the routes?
• Where do your children attend school? Do the school buses go to your new house?
• How simple and quick is it to get to nearby major roads and highways?

Transportation

Knowing the RTA’s planned road map can give you an idea of the area’s future development and alleviate your concerns about traffic congestion. Research about:

• How many current and future access points to this community are there?
• What does the RTA have in store for the future?
• Are there any major highways on the horizon?

Property Price

Sticking to your budget is important, but it’s also important to understand the benefits of slightly stretching your budget. Work within a range to determine whether the extra 100,000 dirhams you’ll pay in mortgage payments over the next 20 years is worth it in the long run for a slew of extra benefits.

Fees and Charges

Remember that buying a home entails more than just the purchase price, so be prepared and plan your budget accordingly.

Typical extra costs include:

• Dubai Land Department Charges of 4%
• Brokerage Fee of 2% Miscellaneous Fees such as Developer NOC, Bank Evaluations, and Conveyance Fees
• Charges for Annual Community or Service

The charges from the builder may vary depending on the community and are usually based on the property’s built-up area or plot size.

Future Value of Investment When it comes to buying a house, we tend to make an emotional decision rather than a strategic one. Even if you don’t intend to sell, always buy to sell. Consider that extenuating circumstances can occur at any time and take precautions to reduce your risks.

The post Things to Consider When Buying Off Plan Properties in Dubailand appeared first on Dubai Real Estate Blog.

Sports Clubs for School Going Kids in Dubai

Sports are not just necessary for a kid’s physical fitness and growth, it is equally important for the mind development and mental health. According to research, being active helps children develop important abilities like problem-solving, confidence, and teamwork. In Dubai, there are a number of outstanding sports clubs where your child can benefit from superb facilities and high-quality teaching.

Traditional and modern sports, such as football, tennis, and cricket, have unquestionably gained in popularity in Dubai. Football, known as the “beautiful game,” has traditionally been towards the top of the list. Cricket’s shorter formats have appealed to both children and adults. Tennis isn’t far behind, with one of the world’s top championships held in the emirate. Other sports, such as golf and even padel, attract enormous crowds in Dubai.

Here are some top and kid’s friendly sports clubs for your young sportsmen in Dubai.

Elite Sports Academy

Situated in the heart of Arabian Ranches 2, Elite Sports Academy is one of Dubai’s most prestigious sports clubs, offering comprehensive child development programmes. Parents love their football academy, swimming programs, and multi-sports camps.

Barca Academy

Sheikh Zayed Road, GEMS Wellington International School. The Barca Academy Dubai provides youngsters with the opportunity to study the same skills and values that are taught at FC Barcelona, one of the world’s most successful football clubs. Girls and boys from the ages of four to eighteen can enrol in a variety of programmes to practise with coaches that teach the Barca manner of playing. Full Season memberships as well as term memberships are available.

Max Talent Cricket Academy

Located in Oud Metha, this could be one of the top sports clubs in Dubai for kids that like cricket. Boys and girls are served by a variety of age-appropriate programs. The organisation also organises overseas trips for kids to broaden their horizons both on and off the field.

Arabian Ranches Golf Club

If your youngster wishes to play golf, Arabian Ranches Golf Club is one of the best possibilities. The Junior Golf Academy has sessions for kids of all ages and abilities. So, starting at a young age, your child has every opportunity to perfect his or her swing on a magnificent course.

Body and Soul After School Kids Club

Located in Dubai Residential Oasis, the Body and Soul Health Club in Dubai can be an ideal choice if you’re looking for a sports club where your youngster can try a little bit of everything. It offers a wide range of after school activities for kids up to 15 years of age, including:

• Swimming
• Basketball
• Lawn Tennis
• Fitness
• Volleyball
• Martial Arts

Fairmont Falcons Juniors’ After School Club

Located in the plush location of Fairmont the Palm, The Falcons Juniors’ Club offers a diverse after-school programme that includes art, exercise, and dance. Children will use their imagination and creativity while having fun and making new friends. A variety of activities, games, and crafts are included in each session.

Just Play Sports Academy

Just Play is an indoor sports and entertainment metropolis located in the city’s Al Quoz district. It provides a diverse range of sporting opportunities for people of all ages and abilities. Just Play also hosts half-day and full-day holiday camps, birthday parties, and after-school activities for children. Additionally, sports enthusiasts can reserve the facilities for private games and contests. Main highlights of Just Play Sports Academy are:

• Football pitches
• Indoor trampoline park
• After-school sports

Conclusion

There are plenty of sports facilities in Dubai. Numerous sports facilities, golf clubs, trampoline parks, and academies are available. In Dubai, you can easily find World class facilities and coaching programs for whichever sport your child is interested in.

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