10 Tips for Buying a property in Dubai

Said Pawan Batavia, Director (Alakarah- Synergy Synergy Properties), Sawa Real Estate Company, the essential elements of the ideal property to investors in 10 points as follows According to the newspaper Arabian Business.

1. Site
The definition of the ideal real estate sites, as those places where there are good schools nearby, where available and appropriate number of entertainment venues, as well as shopping facilities, are also available by public transportation, and health care centers.

2. Property scheme
When you find the right location, it's up to you to analyze the building to determine how Sitlaim with the things you like best. The verification of rooms scheme is important, and I know that there is a broad and open kitchen is one of the important points. It should also include a good property enough storage space, but there is room maid inside the house is of additional features.

3. finishes used
Must be realistic expectations be when judging the types of materials and finishes used in the real estate, when shopping for luxury homes should expect the existence of specifications include wooden floors, and roofs made of granite while the low price of the property means the use of floors made of vinyl in the kitchen and bathroom. If you see specifications and materials used in the drug exceed prior expectations, considered an added advantage when compared to other real estate located within the same space prices.

4. living and hygiene
I know that feeling comfortable in your own home, he has to feel first: good about its location and proximity to the neighborhood. Second, the availability of security and safety as well as the availability of sewerage network and effective place devoid of inconvenience and the causes of air pollution.

5. Developer Profile file
Always select developers to build their reputation in the market and their experience and commitment to quality with regard to all aspects of commercial real estate, as their projects will be reliable and less prone to errors of construction thanks to their years of experience in this area.

6. Safety
Property must be a safe environment in which to live, and that the availability of vital facilities such as garages related to the building, closed complexes, and security systems and rear patios surrounded by fence and those things are of great value for the future of any drug.

7. Price
Do not drift behind the cheap prices, by one of the common mistakes committed by investors are being misled by the prices announced construction owners. Real estate Valmtor a reputable real abide by reasonable prices announced, remember that cheap prices do not guarantee the quality of construction.

8. advantages offered
Benefits provided increase in value of property, it helps to make it desirable, and worth the investment. It is everything that exists in the real estate starting from the materials used, and the end of the lighting and landscaping, swimming pool, factors that must be considered carefully before deciding to buy.

9. accessibility
Easy access to and from the property, is one of the important factors that must be a good review, because the traffic jams and detours long is one of the negatives that reduce the value of residential complexes in major cities. So the existence of property in a central location where public transport is available, and can be reached easily, it one of the interesting properties that are worth buying.

10.awaid best
Look at real estate in Dubai as a good investment, because of the large financial revenue ratios and capital appreciation. It is proven that the investment real estate, such as villas located in good residential complexes, can be sold faster than the available apartments in the real estate market, which makes it the best investment.

Dubai property drop nearly in 2015

Residential property prices in Dubai continued to fall during the fourth quarter of 2015, according to a new report.
Phidar Advisory's Q4 Dubai residential research note said apartment sales prices declined by 12.7 percent during 2015, while lease rates decreased by 1.9 percent.
Lease rates for villas decreased 5.5 percent and sale prices fell by 14.8 percent, the report said, adding that average net yields are 6.7 percent for apartments and 5.1 percent for villas.

Compared to 2014, Phidar's Dubai Real Estate International Demand Index dropped 83 percent by the end of 2015, primarily driven by exchange rate fluctuations.

The report also showed that 14,300 homes were completed in master planned communities and an estimated total of 18,600 new homes were completed across the city.
According to Phidar, the five-year supply pipeline in Dubai is growing at 3.6 percent compound annual growth rate (CAGR) compared to demand growth of 6.5 percent CAGR, largely due to jobs created by the development and running of the Expo 2020 project, which should start to ramp up in 2018.
However, when announced and launched projects are included the 5-year supply CAGR jumps to 5.7-7 percent, added Phidar.
"We monitor construction sites across the city to assess the supply pipeline, but also include a modest growth rate for areas outside of investment zones and master planned projects," said Jesse Downs, managing director of Phidar Advisory. "This creates a more realistic estimate of total supply growth in Dubai."
She added: "Global economic dynamics are tightening liquidity, increasing capital costs, and slowing growth in the region. These trends could continue for two years.
"Improving transparency can help bring down market risk, which is critical in the current environment."


UAE Eagle Hills launches sales at luxury homes project in Bahrain

UAE-based developer Eagle Hills, in partnership with Bahrain's Diyar Al Muharraq, has announced the launch of Marassi Residences, luxury homes located within the mixed-use Marassi Al Bahrain project.
About 250 one- two- and three-bedroom apartments in Marassi Residences will set new standards in community living, the company said in a statement.
An array of active lifestyle choices including a gym, a swimming pool, and children's play areas will also be included while residents will also have access to a 2km beach and a scenic waterfront promenade.

The launch follows the announcement of Marassi Galleria which upon completion, will include a total of 250,000 sq m of retail space and two world-class hotels - The Address Hotels + Resorts and Vida Hotels and Resorts.

Early development work on Marassi Residences has recently begun as part of the master development's first phase, with construction work to be completed by the third quarter of 2018.
Dr Maher Al Shaer, CEO of Diyar Al Muharraq and managing director of Eagle Hills Diyar, said: "Marassi Al Bahrain is fast becoming one of the most sought-after destinations in which to live, work and play, not only within Diyar Al Muharraq , but in the Kingdom of Bahrain.

"We are seeking to redefine the public's expectations of high quality residences in the kingdom, to meet the emerging needs of its citizens."
Marassi Residences is centrally located within Marassi Al Bahrain, which is a major component of the Diyar Al Muharraq mega-project.
Customers have been urged to secure their launch token online by registering on www.marassialbahrain.com.
Sales will be held at the new Marassi Al Bahrain sales centre on January 16 at 10am, on a first-come-first-served basis.