The State of Real Estate

  7 Reasons to Buy a home, apartment, or property in Dubai Dubai leads the region in some of the most sought-after titles like happiest populace, safest city, and most desirable tourist destination. It has the most air traffic, tourists, and trade. In this blog, we will discuss 5 reasons why everyone who can afford to, should buy a house, apartment, office, or property in Dubai or the UAE. Reasons to buy a home in Dubai Dubai has thousands of villas on the market. These properties, like most in the world, lost some value after the global recession, but have since begun to regain the lost capital. Buyers can take advantage of properties while they are still below market value and get the deal of a lifetime. Buying a home or apartment in Dubai that’s value is in excess of 2 million AED allows the owner to have a residence visa for the entire family, regardless of whether a job sponsoring or not. This is an ideal opportunity for middle-class businesspeople from around the world that w...

  Your Guide to a Perfect Property Viewing They say you shouldn’t let your heart rule your head when viewing your home-to-be. We think that a little bit of both will go a long way in making a sensible decision on your future pad. You are bound to find pros and cons in your search for the ideal home, but here are some essential words of wisdom we think should top your list to guarantee a perfect viewing. Abode Property Dubai The Agent Relations Before you set foot in any property you need to recognize that the UAE, and especially Dubai, has a competitive real estate market. This means anyone's property could be what a number of would-be tenants are wishing for. Build a good relationship with your agent to help you be at the top of their contact list as soon as a property with your specifications hits the market. Let There Be Light The glistening sun is probably a top reason most choose to be a UAE residents. Make a point of going for viewings at different times of the day to assess ...

  What is Freehold Property Freehold property is a property that non-citizen (ex-pat) residents are allowed to own indefinitely. It may sound a little daunting but the terminology and laws are required considering the unique nature of the UAE as an ideal destination for investment and living for millions of people from across the globe. The UAE’s local population (Emiratis) only comprises approximately 1 million of the total 9 million residents in the UAE. The means that UAE law pertaining to business and property ownership has had to be streamlined for foreigners. Freehold property is the UAE government’s innovative product to satisfy the huge international demand to invest in the UAE. Prior to 2002, ex-pats were only allowed to rent homes or buy Lease-hold property in the UAE. Lease-hold property is different from a freehold in a few key ways. Though it ensured residents ex-pats certain rights and securities living long-term in their home, it wasn’t actual ownership and it wasn’t...