Dubai property purchasers should be aware of these 5 things.
Due to the excellent quality of life amenities that the city offers its citizens, purchasing a property in Dubai is a dream that many expatriates treasure, both those who live and work here as well as those who are outside.
When buying a home, HP Aengaar, CEO of Asteco, advises working with a qualified and experienced broker.
When buying an off-the-plan property, exercise due diligence by investigating the area, the developer, the quality, the sizes, the costs, the payment plans, the progress of the development, and the completion history.
Work with a qualified agent: Make that the real estate agent is accredited by the Real Estate Regulatory Authority and has a valid licence (Rera). Ask them if they have a broker card and a Rera certificate.
Know the buying process: Before buying a home, it's important to be aware of the costs, deadlines, and legal requirements. The broker will lead you through each step of the procedure, including the negotiations, paperwork, and handover of the final goods.
Reason for Purchase: Buying a house for personal use is different from buying it as an investment to rent out. Therefore, it is strongly advised to grasp the primary driving force behind the choice to buy the property. Make sure you comprehend the legal requirements before purchasing a property in Dubai for investment.
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