An Expats Guide to Real Estate in Dubai

Unlike many other international cities around the world, the Emirate city of Dubai has a different perspective when it comes to real estate and properties. The city once known as a port is now the greatest modern city in the world with many hotels, luxury apartments, villas, mansions, and more. The real estate industry in the city is continuously developing throughout the years, aiming for the best for the future.

From the luxury lifestyle to the unconditional modern facilities provided in the city. The city welcomes more and more foreigners to reside, invest, and work in one of the fastest-growing economies in the world. Over the decades, the United Arab Emirates has opened its country to many migrant workers and expats to reside and continue a life in the great cities in the UAE.

But not everyone can afford the luxury apartments and houses in the city. So here is a guide for expats looking for the perfect real estate property in Dubai.

Do’s and Do not’s when exploring properties in Dubai

The first thought that crosses your mind when you think about buying a property is finding the best location in the city. Although finding the location is an important factor while exploring the city for properties, it is important to research the location before making big plans.

Research about properties, property rents, demand, and the community. Depending on your requirements, it is essential to make sure you find the right property for your stay.

There are many top communities in Dubai. Most of them are listed as a luxury, but there are also affordable and comfortable housing facilities in the urban side of Dubai. Expats can talk to a real estate agent in the city to find more about the latest listing properties in Dubai.

The next thing you need to consider while finding a property in Dubai is budgeting. How much can you afford? By considering budgeting you will be able to discover some of the best comfortable places in the city.

Depending on your timing, whether it’s an emergency move-in or you plan to move into the property in the future. It is best to acknowledge the timing and the factors that align with it.

Before you make an offer to the property you need to make sure that you possess a copy of the sale and purchase documentation, which includes the JOPD ( Dubai)/ constitutional documentation. Make sure you review and secure the documentation ahead of time to understand the obligations.

Along with the formalities, make sure to inspect the property with a quantity surveyor. Check for defects, or any other issues in the property before transferring the cost.