Comment: Thinking long-term preserves your asset

  • Date: 25-Oct-2020
  • Source: Arabian Industry
  • Sector:Real Estate
  • Country:UAE
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Comment: Thinking long-term preserves your asset

The UAE's property market has always attracted local and foreign investors driven by the quality, variety, competitive nature and robust real-estate legislation. Whether a citizen or an expatriate is looking to own an asset for investment purposes or to live in, the UAE has a thriving property market and plenty to offer.Deciding to purchase an asset is always a big step; hence, one should make sure that his or her hard-earned capital is invested in the right asset to ensure he or she is getting a rewarding return on investment (ROI) in the long run.In recent years, discussions around property service charges have been prevalent. Some owners are for these charges, while others are against. So, what are service charges?At the outset,