Investing in Dubai? These Are Your Key Pointers!
by Jyoti D. Real Estate BloggersIntroduction
If you're an investor in the market looking for a new venture to invest in or if you are looking for Apartments for Sale in Dubai, look no further than Dubai. The city offers a myriad of opportunities to boost your portfolio and is dubbed as the number one destination for global investors. It's easy to find why Dubai is so appealing to international investors. With its booming economy and extremely diverse market, you'll be sure to find what you're looking for.
What Makes
Dubai So Attractive for Investment?
Dubai
is a global business hub and a major tourist destination. It is also home to
some of the world's largest logistics companies and has become an important
financial center in recent years. The Dubai government is working hard to make
sure that investors feel welcome, and there are no restrictions on foreign
ownership or property purchases by non-citizens. Deeming property investments
in Dubai
is an ideal option for investors and expats alike.
The
education system is also excellent, with plenty of schools from which parents
can choose for their children's education. Apart from just schools, parents get
to choose the curriculum they want to enroll their kids in. Here, both public
and private schools offer American, British, French and other curricula, such
as the French Baccalaureate.
Dubai
has been named as one of the top ten cities for expats in terms of quality of
life and safety.
Overall,
it seems like an ideal place for both entrepreneurs looking for opportunities
in this booming economy as well as investors who want peace of mind knowing
their investments will be safe here. This is why the Property Developers in
Dubai are pushing to promote the real
estate market of Dubai across the world.
What is your End Goal
It
is imperative that you clearly define your end goal before investing in Dubai.
Are you looking for
capital appreciation? Or, would you like to maximize your yield?
Yield:
It
is the amount of annual return you are likely to gain over your investment. It
is expressed in terms of percentage based on the investment amount.
Property developers in
UAE will help you in understanding the
trend of the market when it comes to leasing and thus helps you in finding a
suitable match for your short-term goals.
What
you do need to keep in mind is that when you are looking for a higher yield on
your investment then your invested apartments
in downtown Dubai will help get you extravagant rental income from your 3-bedroom apartment in
Dubai
Capital Appreciation:
What
capital appreciation signifies is the appreciation of the value of your
property over a given period. Simply put, it is the difference between the
purchase and sale price of a property.
Given
how Dubai is leading the world in the number of footfalls by tourists year in
and year out. It surely makes sense to invest in the real estate of this city
to get unmatched returns.
How to get Higher Yield and Capital
Appreciation at the same time?
If
both yield and capital appreciation are important to you, then it is best to do
an asset allocation based on a long-term investment plan in a property that has
location advantages and is being dealt with to you by a reliable seller or
developer like Shapoorji Pallonji.
Selecting a location
Selecting
a location is a factor that determines everything. From how much you can sell
your property for, and how much you’ll pay for it right now to what can be your
rental cost. That’s important to choose the location wisely. As,
● Location is an important
consideration when buying or renting out a property for investment purposes.
Your choice of the neighborhood will have an impact on both short-term returns
and long-term growth potential.
●
In Dubai, if you are looking at a property
that faces the Burj Khalifa, the price of short-term rental apartments shoots
up through the roof. Whereas the Downtown is considered as a tourist hub of the
city because of its proximity to the Business Bay and DIF that are the business
and financial capitals of Dubai. Hence, your best bet is to invest in a
property that faces the Burj Khalifa and is in the Downtown area to reap
maximum benefits from your investment.
Find an Eager seller
When
you are looking for a seller, it is important to look for a developer who is
willing to negotiate. You also need to look for a good reputation and the
ability of the developer in handling their customers well.
While
at the same time it is of paramount importance to check the track record of
developers, in terms of their deliverability, customer satisfaction, reviews,
and project final outlook compared to the model to understand what you can
expect from them.
Imperial Avenue by Shapoorji
Pallonji
As
a company that has been in the business of real estate in the Middle East since
1971, Shapoorji Pallonji is one of the Top Developers in
Dubai
well known for their deliverables, customer satisfaction, and project turnout
quality. And with the same promises, Shapoorji Pallonji is coming out with
Imperial Avenue, their new project in Downtown Dubai.
This
affluent development is located in Dubai’s Downtown area and is offering luxury
apartments starting from one and going up to five bedrooms:
● Akin to a 5-star hotel a sprawling
10,000 sq. ft. entrance lobby,
● 2 Infinity pools; one family pool on
the 9th floor and one luxury pool on the 26th floor
● A multipurpose party hall, gym,
squash court and mini theatre all on the 26th floor
● Outdoor kids play area and Indoor
kids play area
● 13 high-speed elevators
● Solar Panel
● Greywater harvesting
● Gas connection
● Lowest maintenance cost is
Downtown
Conclusion
To
sum up, if you’re ready to invest in Dubai, the three most important things to
remember are:
Find
out what your end goal is, what type of location you want to live in, and What
type of return due you expect from it.
If
you’re interested in finding out more about the latest real estate developments
and happenings around town don’t look any further. Imperial Avenue by Shapoorji
Pallonji where construction is at its peak and is expected to be completed by
Dec 2023 Don’t forget that they are also offering limited number of 5
bedroom luxury penthouses for
sale in Dubai.
Good
luck!
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Created on Jun 28th 2022 07:14. Viewed 231 times.