What are the earning opportunities offered by the real estate market in Dubai? 🏢📈🏠
Today we will look at various models of investing in real estate so that you can make an informed choice when buying.
Let’s start by dividing objects by profitability and type of investment.
1️⃣ Real estate under construction (off-plan).
This option allows you to purchase an object in installments, requiring only a passport and an initial payment in the amount of 10,000 to 50,000 AED. After paying the installment plan, the developer will issue the object in your name. In addition, after paying 20-24% of the initial payment, Dubai Land Department will issue you an Oqood document confirming ownership of the object under construction.
2️⃣ Fast resale of objects under construction (off-plan).
Many brokers talk about the possibility of profitable resale of objects in a few months. However, no broker can guarantee instant profit. Always be careful and make decisions based on facts and risk analysis.
3️⃣ Resale of objects after completion of construction.
Usually this period is 3-4 years. It is important to choose objects with a closer deadline, since it is always easier to sell a property after receiving the keys than to resell an object that is still under construction.
4️⃣ Purchase of a finished object.
There are several options here:
— Long-term lease (yield on average 5-6% per annum + increase in project capitalization);
— Short-term lease (yield on average 10-20% per annum);
— Resale (profit depends on various factors, such as the time and cost of purchase, location, average market price, etc.).
You can also use a combined approach, renting out an object and then reselling it. This is the most profitable and safe scenario for investors with a sufficient budget.
It is important to understand that not all objects are suitable for investment. Before buying, always contact market analysts and our experts to get detailed information and make the right decision.
Leave a request to get the best real estate offers! 🏢📈🏠