(source of picture from internet)
Dubai city has become a popular place for foreign investors and expats. In recent years changes to the law have opened up the Dubai property market to foreigners. It is now relatively straightforward to purchase property, provided that you have the finance. You could look for expert advice to help you negotiate the local laws and regulations, it will help you to worry free. Here are some basis introduction which will help you about purchase property in Dubai.
1. You could determine what type of property you are interested in.
Foreign buyers often choose to purchase either apartments, townhouses, or villas, which are generally located in secure complexes with communal leisure facilities such as tennis courts, playground, swimming pools and gyms. Since 2002, when, by royal decree, foreign nationals first became eligible to own property, Dubai has enjoyed a construction boom. You may ensure that you are looking at an area in which foreigners are allowed to buy property.
2. You should contact specialist agents.
If you want help with your search, and want to talk to someone with specialist knowledge about the property market in Dubai, it’s best to employ an estate agent to work with. Real Estate agents can help you find properties and explain your options to you. Big real estate companies will be used to dealing with foreign buyers and will speak English. Laws and regulations in Dubai city can change immediately, so hiring an agent will help you avoid any potential pitfalls.
3. Attend property fairs as possible.
The property market in Dubai is still relatively young, although it is growing fast. As a result, a significant amount of property bought by foreigners is bought from developers who may not have built the development yet. Property fairs are a popular way for developers to present their work and meet potential buyers. These property fairs are held all over the world, so you may look for one visiting a city near you.
4. Visit Dubai
When you want to make a move, it isn’t just browsing online, you could visit there to ensure that you view as many properties as you can. It will make you more reliable and less distress.
Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.
0
()
Application has been successfully submitted
we will contact you soon, please pay attention
Call:+855 66300666
+855 (0) 23222206 (CN/EN/KH)
+86 023 67480241 (CN)
+855 (0) 66400666 (CN/EN/KH)