Homefront: ‘Is now a good time to invest in Dubai’s real estate market?’ – The National

  • Date: 06-May-2020
  • Source: The National
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

Homefront: ‘Is now a good time to invest in Dubai’s real estate market?’ – The National

The Dubai resident wants to invest in the market and wants to know which areas are popular. I am interested in buying in the residential market when prices are on the floor.. Which places people are moving to and what are the current trends in Dubai's real estate market?AC, Dubai. Buying under-construction property via a developer can bring many benefits in terms of the payment.. The developer often also pays for the Dubai land department (DLD) fees and the agent's commission too.. Buying ready property on the secondary market offers a wide selection of benefits: the asking prices can be very attractive and you can rent out the property immediately as it is a ready unit.. The negatives are the buying fees, such as the transfer fee and agent's commission, all have to be added to the purchase price.. In terms of which areas to concentrate on, Dubai Marina is always the most-popular area for expatriates whether they are renting or buying.. Dubai Marina caters for secondary and primary markets in that it has ready and under-construction units available.. Townhouses or villas form part of this trend, as they have their own gardens, and if the properties have their own