Logo
  • Order call
  • Call management

Property type
No. of bedrooms
Area
Show offers

Positive market tidings

21.09.2014
Positive market tidings
The Dubai real estate market and the government is now gearing itself for the Expo 2020 and the influx that is expected in the coming years. Dubai’s real estate market is flourishing, with a number development projects under way, setting the stage for positive investment and stable growth.
Dubai is working vigorously to attract visitors to the city to reach the 20 million visitor mark by 2020. One of the mega projects launched by Meraas Holdings consists of three theme parks, which will be located near the Dubai Expo site. A Bollywood, a Hollywood and a Lego land inspired park will be the new highpoint of Dubai’s entertainment scene and will cater to adults and children alike.
At the same time, a number of housing projects are under way that promise to meet the residential demand of the city and provide a unique living experience by 2016. The project locations clearly demonstrate that Dubai Marina and Downtown Dubai followed by Jumeirah Village are the most popular localities for investment. Emaar Properties is developing BLVD Heights, a two tower complex in Downtown Dubai, which will offer affordable apartments. Similarly, Park Investments is building 93 four-bedroom villas in Jumeriah Village Circle.
While, BLVD Heights and Jumeriah Village Circle offers affordable living, Marina 101 in Dubai Marina is selling luxury apartments and penthouses on the top levels. Tebyan property developers is also offering a tower crystal themed residential complex in partnership with Swarovski.
Developers have introduced a variety of schemes, where the focus has been shifted from cash ready investors to end-user buyers. They are offering stretched payments, which has been a smart move to attract serious buyers who are operating on a constrained budgets. Emaar Properties is offering an Emaar Preferred Access programme, while Park Investments is recommending a two part payment scheme and interest free installments.
On the other hand, the government through its Real Estate Regulatory Agency has introduced new regulations that safeguard the interests of all parties involved in the real estate business and encourage a positive and stable market environment. Brokerage activities are now being monitored and rampant speculation is being curbed to allow steady growth of the market.
It is evident that the Dubai real estate market and the government is now gearing itself for the Expo 2020 and the influx that is expected in the coming years. Developers are introducing mega projects in popular localities but proceeding with caution and introducing long-term payment schedules that not only guarantee serious investors but also motivate developers to complete the projects in a timely manner. Keeping in light the development trends and Colliers International report, investing in Dubai’s real estate market is a better investment in the long term than stocks and has seen a growth of 20% a year.
Latest Availability
RENT
125,000 / year
Ref.No: OF1209
Office
1,655 ft2
76 AED/ft2
RENT
58,500 / year
Ref.No: OF662
Office
1,300 ft2
45 AED/ft2
SALE
6,800,000
Ref.No: AP1113
3BR Apt
3,003 ft2
2,264 AED/ft2
Latest Blog Articles
Send us an enquiry or request a call back
Your name *
Phone
E-mail *
Your message *
*- indicates required
Request a call back
SOGA1  SOGA2
Call management
SOGA1  SOGA2
Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management