Tuesday, 8 January 2013

Buying Properties in Dubai

The properties are often not bought. The buyer who is gives its whole life savings expects the real estate agent to give their hundred percent with respect to verification of ownership documents of origin, possession and obtain the transfer of registered documents. To perform these services, real estate agents get real money in the form of cash. This amount is called the committee and usually consists of an amount calculated by applying a predetermined percentage of agreement on the cost of the property.

Properties in Dubai is recovering after falling prices have witnessed a few years ago. After the fall set, the opinion has been taken by people with interests in real estate investing is that real estate is unlikely to achieve the same level of success. Therefore, these people took their money out of the property with the sale of the property. However, due to the measures taken by the government to counter speculation that they were part of the real estate market at this time with the introduction of the legislation and is also good to take stern action against those who have been convicted or not to apply laws.


To Buy Dubai Properties, the potential buyer has two options. One, the buyer can go to the real estate agent to ask for available properties. Second, the buyer has read the newspaper every day to the section dedicated to the purchase and sale of goods. Apartments to let in dubai follow a procedure that is quite simple in the case of a transfer of title given to someone else. In cases where it is to rent a property, it is best to agree on everything necessary for the proper conduct of the tenant-landlord relationship. The agreement should cover the period after which the owner has the right to increase the monthly rent.

The decision to increase or inflate the amount of rentals by owner shall not be in any case taken in isolation. The owner should consult the tenant and accept the amount of income again. This review may be part of the Annex to the original contract. Although in the case of a lease, it is not necessary to register the contract with a regulator, it is in the interest of both the landlord and the tenant that the deal is complete in all respects. It was observed that if conflicts arise regarding the owner and tenants, in which the documentation was complete was solved in a better way.

The regulatory authority has known cases operating in the city of properties for sale and purchase has a division where people take ownership documents for verification. When a potential buyer is willing to buy a property, you received a copy of the original documents from the seller and take it to the department. The department staff verifies the property, checking that there is no real guarantee of any kind, and the property is free of any type of mortgage or charge.

2 comments:

  1. Thanks for taking the time to cover this topic. I am actually interested in acquiring a real estate property in Dubai and this post is very helpful to me. I personally think the properties in Dubai are great investments and that is why I want to get one.

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  2. Thanks for sharing this informatory post. I am looking to buy property in Dubai and this post would be of great help for me.

    ReplyDelete