Many people have doubts about buying an off-plan property in Dubai. The idea of having to wait three years before you have something tangible can be off-putting for some. However, there are also clear advantages, depending on your situation and financial capabilities. Investing Without the Need for a Mortgage One of the biggest advantages of buying off-plan is that you do not need to secure a...
Investing in property in Dubai often sounds like a golden opportunity, but there are also risks that not everyone is open about. This is especially true if you are buying off-plan or expecting to achieve high returns; it is important to be vigilant. The Risks of Buying Off-Plan and Exaggerated Returns A 10% return sounds attractive, but it is increasingly difficult to actually achieve that today....
The Dubai property market accelerated significantly in 2024. Anyone with even a passing interest in investing in this city cannot ignore it: the volume of transactions and the appreciation in values are impressive. But what is the precise situation, and is this the moment to make a move or to remain cautious? In the second quarter of 2024 alone, property sales exceeded AED 151 billion. This...
Buying a property in Abu Dhabi through a real estate agent based in Dubai might sound convenient, but in practice, it can cause a lot of complications. This is because the rules differ between each emirate, and this also applies to real estate licences. A real estate agent who only holds a licence for Dubai is formally not permitted to offer or manage property in Abu Dhabi at all. No licence means...
