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How to get the best Dubai home and pay less: TIPS for Buyers and Investors

04.02.2018

Did you know that two accommodations in the same Dubai development may differ in price by 10 per cent or even 80 per cent depending on simply the view? Read more to find what affects Dubai property prices the most and how to make good profit on investments.

When you think about buying a property, you know that some nuances can affect the price. This is usual for real estate market, when the price is affected by the home’s locations, its state, quality, and the window view. But how much exactly the price will differ in these cases, when it comes to Dubai, we can only guess.

In the case of waterfront real estate projects, when buying off-plan units directly from the developer, the cost can vary by 10-15 per cent for apartments or villas with sea views and for units without a view. But in the secondary market the difference can reach up a dazzling 80 per cent! When in Dubai, window view is really that important.

For example, at the Address Downtown apartments sales launch, the difference was 10-18 per cent between units having a fountain view and units facing the backside of The Dubai Mall. In secondary market, the fountain view was selling for AED 6,500 per square foot and Dubai Mall back views commanded only AED3,500-AED4,000 psf.

What other tips home buyers and investors in Dubai properties can use to save up a couple of thousands on discounts? The main advice is always to conduct a thorough market research and do your "homework" right. Now, when the competition between developers in Dubai is high enough, you can get not only a discount, but also an additional bonus with your purchase. It can be anything, including gold bars, registration fees cut, discounts on mortgages, down payments, convenient payment plans with a longer mortgage term, and even a sports supercar, when it is about premium segment.

Today, it became much easier to choose your future home in Dubai, even if it’s only a blueprint yet. Having show apartments shows a developer’s seriousness: seeing your future home ‘in flesh’ fastens purchase decision making. In 2016, you could hardly see show apartments. These days everyone understands — in order to create evidence of their statements, they need show apartments.

This is exactly what happened, when there was a spike in interest for the Bulgari homes. And the same got repeated at the Bluewaters units overlooking the world's tallest Ferris wheel.

IMEX Real Estate never hides a single speck from you when choosing the right property. We can offer the best residencies, serviced apartments and villas in the above mentioned projects on Dubai beachfront, as well as in the best ‘mainland’ residential communities. With us you’ll always get the latest up-to-date information about off-plan housing sales promotions, hot special offers and discounts.

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