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A new area of focus for Dubai real estate investors revealed

18.09.2016
A new area of focus for Dubai real estate investors revealed
Dubai South to launch apartment sales with prices starting from AED 280,000.

If you are looking for profitable options for investing in Dubai’s residential property with a high lease yields potential, than take a look at something new Dubai developers have for you to offer now.

Dubai South developer announced the soon-to-start residential sales in The Pulse cluster of the Dubai South project, with studios set for sale at a price of AED 280,000. The Pulse will be the first community of the residential complex to be soon followed by the second — The Villages. Residential high-rise buildings will be built along the 70 meters wide boulevard, with six lanes for traffic.

Among residential units to be put on sale first, there are apartments from studios to three-beds, and both two- to four townhouses.

Like many other Dubai’s residential communities, The Pulse and The Villages will be gated communities with their own retail and sports centers, schools, hospitals and mosques. And all the other major spots of the metropolis life will be in close proximity, for Dubai South is actually a huge "aerotropolis", a city within a city, centered around the Al Maktoum International Airport.

The Dubai South project itself is a large-scale urban development with a total area of ​​145 square kilometers having been fully rebranded earlier this year and given its new name of Dubai South (according to its location on the southern edge of the city) instead of Dubai World Central. Apart from the international airport, this "inner city" in Dubai will also include Expo 2020 exhibition site.

Khalifa Al Zaffin, the executive chairman of Dubai South, said that "deep thought, research and study has gone into designing the perfect residential community that is world-class in its offering".

The construction of the first two residential clusters The Pulse and The Village in Dubai South is scheduled for completion as soon as in 2019.

Latest Availability
RENT
125,000 / year
Ref.No: OF1209
Office
1,655 ft2
76 AED/ft2
SALE
730,000
Ref.No: AP165
Studio Apt
630 ft2
1,159 AED/ft2
SALE
2,350,000
Ref.No: AP670
1BR Apt
1,308 ft2
0 AED/ft2
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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