Dec-Jan best time to buy property: Report

12.05.2015
A price analysis over the same period reveals the largest percentage change in the market has historically been from March to October.

The optimal time to purchase a property in Dubai is from October to February, according to a report by real estate consultancy Unitas. December and January are the best months to buy apartments and villas, respectively.

According to Emirates 24/7, the results are based on analysis of transactional activities and price movements over the past years.

A price analysis over the same period reveals the largest percentage change in the market has historically been from March to October, while November to March have been the months with the lowest average monthly rises.

September and July were found to be best months to sell apartments and villas. Dubai Marina and Jumeirah Lakes Towers experience the highest average monthly returns in May and lowest appreciation in January, according to the report.

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Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

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None

Additional services:

Property management

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Contract of the lessee and agency.

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Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

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Additional services:

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Purchase process

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Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

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

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1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

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1 year

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Reporting

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From 3 days

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1 Week

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Expenses of the investor:

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