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Dubai makes waves at London show

26.02.2015
36 companies are exhibiting at the Dubai Property Show in London, attempting to attract international investors.

Dubai developers are busy making waves in London, reaching out to international investors, Gulf News reported.

Some of these developers are going further by sweetening their deals through incentives such as 0% agency fees and guaranteed returns, as well as offering up prelaunch prices on projects that have already had gone through an extensive sales phase here. One among their ranks, Texture Properties, is lining up free tickets to Dubai to those buyers at the show who put up 15% as down payment.

“At any exhibition, it boils down to the FSI (floor space index or net area used) ... our exhibition is housed on 3,800 square metres,” said Sunil Jaiswal — president of Sumansa Exhibitions, the organiser of Dubai Property Show.

“Initially we thought it will take us 50 exhibitors to fill the same, but as we launched we started to get inquiries from exhibitors and they were keen to have larger spaces. And it took only 36 companies to fill up the hall.”

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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