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Dubai world's hottest property market

15.12.2014
According to the Global Property Guide, Dubai’s real estate market is the only one in the world that has seen over 140 nationalities investing in it.
Dubai remains top of the chart of the world's best performing markets for seven consecutive quarters, Emirates 24/7 reported.
According to the Global Property Guide, Dubai’s real estate market is the only one in the world that has seen over 140 nationalities investing in it.
Property price increases have, however, decelerated to an average of 23.73% during the year to Q3 2014, down from annual increases of 33.26% in Q2 2014 and 31.57% in Q1 2014. House prices dropped 1.13% during the third quarter, the company said which tracks prices in 39 global cities.
Dubai saw one of the worst housing crashes from Q3 2008 to Q3 2011, with house prices falling by 53%. Then in Q2 2012, Dubai's housing market started to recover and since then Dubai has seen double digit house price increases.

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Call management
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