Buy property in Dubai

Furnished studio for rent in Dubai? After narrowing the search to 2 or 3 homes, your agent will do whatever research is necessary to aid you in making your decision. Ultimately, however, it is your decision. Some tools that can help you make that final decision include school reports (if you have or are planning on having children), statistical information from the local chamber of commerce, future zoning or road expansion from local planning offices, etc. Whatever the factors of importance are to you, have your agent help locate that information. Once you have selected a single home to focus on, your agent will conduct a comparative market analysis on that property. This involves determining “fair market value” by looking at what other buyers were willing to pay for properties similar to yours in the same neighborhood or area.

The Bastakia Quarter (also known as the Al-Fahidi neighborhood) was built in the late 19th century to be the home of wealthy Persian merchants who dealt mainly in pearls and textiles and were lured to Dubai because of the tax-free trading and access to Dubai Creek. Bastakia occupies the eastern portion of Bur Dubai along the creek, and the coral and limestone buildings here, many with walls topped with wind-towers, have been excellently preserved. Wind-towers provided the homes here with an early form of air conditioning — the wind trapped in the towers was funneled down into the houses. Persian merchants likely transplanted this architectural element (common in Iranian coastal houses) from their home country to the Gulf. Lined with distinct Arabian architecture, the narrow lanes are highly evocative of a bygone, and much slower, age in Dubai’s history. Inside the district, you’ll find the Majlis Gallery, with its collection of traditional Arab ceramics and furniture (housed in a wind-tower) and the Al Serkal Cultural Foundation, with a shop, cafe, and rotating art exhibitions (located in one of the historic buildings)

Our in-house marketing team will devise strategic marketing plans to market and advertise your properties on different channels to attract hundreds of potential tenants. After generating leads, our teams screen tenants for their legal records and behaviors. We ensure to find the right match for your villas, and homes, so you will not end up in any legal or other trouble. Emporio uses a custom-built system to evaluate the value of each unit on the basis of its premium features. We don’t believe in “average pricing” or “market rate”. Our devised pricing strategy ensures that your properties are neither overpriced nor underpriced. Due to the average pricing technique, overpriced units remain vacant while underpriced units fail to generate a decent ROI. Find additional information on Dubai property.

Looking for a home before applying for a mortgage. Many first-time buyers make the mistake of viewing homes before ever getting in front of a mortgage lender. In some markets, housing inventory is still tight because there’s more buyer demand than affordable homes on the market. And in a competitive market, you could lose a property if you aren’t preapproved for a mortgage, says Alfredo Arteaga, a loan officer with Movement Mortgage in Mission Viejo, California. How this affects you: You might get behind the ball if a home hits the market you love. You also might look at homes that, realistically, you can’t afford. What to do instead: “Before you fall in love with that gorgeous dream house you’ve been eyeing, be sure to get a fully underwritten preapproval,” Arteaga says. Being preapproved sends the message that you’re a serious buyer whose credit and finances pass muster to successfully get a loan.

This should be a necessity for anyone who is buying real estate. You don’t want to buy a home that has a crack in the foundation or needs a new roof. A home inspection can spot these and other things that are wrong with the house, which gives you far more negotiating power, and it gives you a reasonable idea of what to expect in terms of expenses for the future. What type of storage space does the estate have? Is it a luxury home with plenty of space, or is it going to be a tight squeeze when you move all of your stuff in? This is important as you begin your home search, you want to set proper expectations for how much room you’ll really need.

Emporio Group has a diverse clientele with a diverse and biggest property pool. From selling to buying to managing your commercial and residential assets, Emporio Group is here, your trusted one-stop real estate solution. To find your dream villa or perfect office location for your business, just contact us and let us help you with our comprehensive and data-driven services. See more information on https://www.emporio.ae/.