One of the attractive regions for buying real estate is the United Arab Emirates. Here, private property is protected by law, the terms of purchase and sale are completely transparent, the market is very diverse.
You can look at Dubai penthouses for sale or more modest apartments.
Selection criteria
Among the factors that determine the convenience of living or use, the cost of real estate and its growth prospects, the following are distinguished:
- Purpose of purchase. This can be permanent residence, renting out or investment. In each case, the determining factors can be different, you need to choose the main ones for yourself.
- The location of the property is the most important, it has a significant impact on the cost. The distance to key objects is taken into account. These can be business centers, shopping areas, entertainment venues, tourist attractions.
- The presence of a certain infrastructure. These can be transport lines, recreational, medical, sports, entertainment and shopping facilities that will provide activities in everyday life. The presence of beaches nearby, garden and park areas also greatly affects the price.
- The area must be safe. The population of the property, their income level, and social composition are also taken into account. At the same time, the safety of the building itself, where the property is located, and the surrounding areas are taken into account.
- What are the development prospects of the area, this in turn can significantly affect the growth of real estate values, which is especially important for investment purchases.
Other selection parameters
In addition to selecting a specific property, it is worth studying the legal side of the issue. That is, who is the developer, if we are talking about a new building, who is selling, especially secondary real estate. It is necessary to study all the documents for the property itself, and the land on which it is built.
Next, the technical characteristics are determined, that is, the footage of the premises, their number and layout. The supplied communications, their features are studied. For the Emirates with their hot climate, protection from the sun, the creation of a microclimate in the room and the proximity of green spaces on the street will be important.
If the property is offered by a realtor, then it is necessary to study his license and reviews of the activities, determine the services offered to the buyer. Usually, most work with a turnkey solution, when the client receives a property ready for use with a full package of completed documents.