New deals on offer to attract investors

13.05.2015
While some developers are waiving the 4% registration fee, others offer a guaranteed return on investment coupled with other freebies.

It's that time of year again as companies roll out tantalizing deals to attract investor attention, Emirates 24/7 reported.

Whether it be freebies or flexible payment plans, the goal is to raise awareness of the new projects in the city.

Deyaar Development has announced a one-day sale event on May 16, where it will waive the 4% Dubai Land Department registration fee for those buying units in their projects in Business Bay, International Media Production Zone and Dubai Silicon Oasis.

Meanwhile, in its sales pitch for the upscale Anantara Residences on Palm Jumeirah Crescent, Raine & Horne said it was offering investors with a guaranteed return on investment (ROI) of up to 13% for five years, interest free payment plans for five years and a seven-day complimentary stay at Anantara Luxury Resort every year.

In its 'Wealth Gauge' report in March, Mashreq, a top bank in the UAE, said real estate development with innovative payment plan was the need of the hour.

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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

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

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

1 hour

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

Sales Process

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

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

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