Dubai Commercial Real Estate Face

Rising demand for all kind of commercial assets is that Dubai commercial real estate has been showing continuously while revealing numerous opportunities for investors.

Dubai Commercial Property Market

Dubai commercial property market allures both local and international investors because of the profits. And it is nice to have invested in the market to enhance investment portfolio.

Key Commercial Real Estate Markets in Dubai

Explore and choose the best investment opportunity in Dubai commercial real estate market.

Dubai Commercial Property Market

Dubai commercial property market allures both local and international investors because of the profits. And it is nice to have invested in the market to enhance investment portfolio.

Thursday, June 2, 2016

When it comes to real estate investment, there’s always a debate; whether to invest in off-plan properties or ready units. The answer depends upon what you want from your investments as each option has its own pros and cons which need to be considered carefully.

Built properties worldwide hold greater value as they offer the confidence of acquiring a completed unit in hand. However, Dubai has set the trend for off-plan properties by making them an easier way to acquire property in a short span of time.

Here are a few compelling reasons to buy off-plan properties in the city of Dubai.

1. Looking for long-term investments with large profits? Then, go in for off-plan Dubai property. Why? Because such units offer you the chance to buy a unit at a low price and gain maximum returns when you sell it later, without having to bear any costs associated with actual home ownership.

2. Low risk: When you purchase off-plan properties that offer an on-completion payment scheme, most of the risk falls on the developer. This drives developers to complete the project diligently and on time, mitigating risk for you as an investor.

3. Legal protection: The Emirates have solid plans to turn the city into a world-class and sustainable city through mega infrastructure projects such as the expansion of the airport in time for the huge Expo 2020. As the number of visitors, investors and residents increase, demand for buying real estate will also rise. The government has introduced numerous laws to ensure legal compliance when it comes to off-plan property investment. For instance, some of the protections offered under Law 8 of 2007, which will require developers to register their off-plan projects with Dubai Land Department and Real Estate Regulatory Agency (RERA) prior to promoting or selling. In addition, construction progress must reach at least 20 percent completion prior to commencing promotions.

4. Increased ROI: Sell your off-plan Dubai property prior to project completion, cash in on capital growth and avoid the costs of actually owning the property. Moreover, there is also the advantage of a fixed or locked in price, which enables you to enjoy appreciation of the total value of the property while making the payment in stages until the project is completed. To top it all, many developers are waiving off the 4 percent registration fee to buyers and rolling out monthly payment schemes such as “capital guarantee” and “money back”.

5. No rush to move in? Are you an employed individual or a businessman/businesswoman who wants to invest intelligently and purchase property at a price lower than the market price of similar ready units? If so, grab an off-plan Dubai apartment/villa. On the other hand, if you are looking to derive instant returns from your investment, view a property and envision your future living within it, then ready units are what you should be looking at.

6. Have the cash to put away for a long-term investment? Then, buy off-plan properties. However, if you have a short-term outlook and are looking for quick returns, then go in for ready properties that offer fast profits through rental yields and capital gains.

7. Off-plan properties are usually offered at lower prices, and their payment plans are more attractive than those of ready properties. This way, you enable yourself to pick up off plan property in Dubai at a significant discount and secure financing from lenders.

What should you look for in off plan properties?


1. Why are you buying? Are you looking to live in it or are you buying Dubai property as an investment for resale or to let? Determining this will have an impact upon the type and the location of the property you should buy.

2. A reputable developer with a good track record of delivering projects on time. What have they built to date? Is the developer licensed by RERA? Were there any issues with previous projects? 

3. What are the financing options and payment plans like?

4. Professional guidance

5. A well-drawn out sales and purchase agreement by a reliable and experienced real estate agent.

6. Choose wisely. Ensure that the property is located in an area where there is a high rental demand or upcoming infrastructure.

7. Buy early to grab the best units: Early purchase allows you to choose the most sought after properties on any development. The best units always offer higher capital appreciation and often generate the highest rental incomes. 

When it comes to real estate, investment choices are solely based upon the requirement of the investor and the budget. Generate personal wealth through safe and intelligent off-plan Dubai investment.

At Better Homes, we offer a wide selection of off plan properties and ready property investment options. Check them out.


Tuesday, May 3, 2016



Property management companies in Dubai


At Better Homes Property Management, we service the entire UAE. Our clients include individuals, private investors and commercial entities. With decades of experience behind us, Better Homes has the knowledge, experience and a sophisticated understanding of the Dubai property market to help you advertise your investment and gain maximum exposure needed to attain the highest return.

By working closely with you, we identify your needs and goals, to bring better value toward your investments and give you the confidence and security that you need. Rest assured, your best interests are well served by our dedicated property management team.

Wide Range

We offer property management solutions for single units, multiple units, entire buildings and developments in Dubai’s residential and commercial segments. At Better Homes, we strive to provide professional and proactive property management along with exceptional customer service to owners and tenants.

Services

Our property management services cover all of the daily necessities required for your property to be successful in giving you the best possible returns; giving you the flexibility and freedom to explore your goals. We offer a full and comprehensive range of property management solutions ranging from accounting to coordination of repairs and maintenance. This way, we commit to providing you value-added services which make your Dubai property operate more efficiently and effectively.

To begin with, we provide ongoing maintenance to improve daily operations and prevent costly repairs. In the event of road repairs, we work closely with maintenance experts and get contracted work done when necessary, by scrutinizing closely for quality and efficiency.

Why you need a property management company

As a leading property management company, we work directly with prospects and tenants, saving you time and worry over marketing your Dubai property, rent collection, repair and maintenance, tenant communication and in certain cases, evictions. Additionally, we bring our knowledge and experience to your Dubai property.

Market Research and Property Inspection

Our dedicated Property Management team systematically performs a market rental analysis and a thorough inspection of Dubai properties in order to determine the appropriate rental value. Upon communicating this to the owner, we begin teaming up with them to strategically manage their unit. Additionally, we conduct a detailed pre-handover inspection of your Dubai residential property, identifying all visual defects and faults that need to be rectified by the developer.

Strategic Marketing

We successfully market your Dubai property so that a reliable tenant can be identified through our professional screening services. As for advertising, we use bhomes.com, which attracts millions of unique visitors each month and features a detailed description of every Dubai property alongside descriptions of the home, location, size, floor plan and rental fees. Additionally, we engage in the re-marketing and management of your vacant Dubai property between tenancies.

Tenant Screening

We utilise a professional screening service to evaluate a prospective renter’s credit, background check, professional and employment history, rental history and other references. Our complete screening process offers numerous rewards and advantages such as low tenant turnover, sustained occupancy rates, happy tenants and satisfied Dubai property owners.

Rent Collection

We promptly collect rents and provide you with a cheque or a direct deposit to the account of your choice.

Dispute Resolution

We help you with resolving disputes in a judicious manner. In the event of non-payment by tenant, absconding tenants or other disputes requiring legal attention, we register a case with the Dubai Rental Dispute Settlement Centre. Additionally, we arrange for legal notices to be sent to tenants, on behalf of the landlord, in line with the governing law.

Move-In/Move-Out Process

At Better Homes Property Management, they do a comprehensive walk-through of your Dubai property and have a detailed document to assess damages. Furthermore, we conduct periodic inspections to ensure that your Dubai property is maintained responsibly and is ready to move into. At the end of a tenancy contract, and at the beginning of a new one, we provide a detailed check-in/check-out report which has the inspection information to record the condition of the unit, verify that the handover is complete, and/or that deliverables such as keys, access cards and documents are received by the landlord from the tenant.

Hiring a property management company can be great for your bottom line. As a Dubai property owner, the first thing to consider is whether you have the time and expertise to manage your Dubai property. Will you be on call 24/7 to handle issues that may arise? Are you comfortable confronting tenants over late payments?

Working with a property management firm can eliminate day-to-day hassles and offer valuable assistance with lightening the load as long as you own a property.

Give us a call and we look forward in working with you.

Monday, April 18, 2016

Expo 2020 not very far away, developers in Dubai are thinking of creative ways of enticing buyers to purchase UAE properties

With the Expo 2020 not very far away, developers in Dubai are thinking of creative ways of enticing buyers to purchase UAE properties. And how are they doing this?

To begin with, developers are waiving off the 4 percent registration fee to buyers of UAE properties and rolling out monthly payment schemes such as “capital guarantee” and “money back”. In fact, ace Dubai-based developer, Damac Properties, has announced a guaranteed annual return on advance payments during construction of 3 percent per year. The developer has claimed this to be equivalent to twice the interest on fixed deposits in a bid to entice buyers and will offer this interest twice a year until completion of the unit. Rental guarantee schemes are also being offered on Damac villas at Akoya Oygen and Akoya by Damac Towers by Paramount Hotels & Resorts (A, B and D); NAIA Ghalia, Damac Maison Majestine; Merano Tower; Paramount Tower Hotel & Residences; Damac Maison Privé (A and B) and NAIA Vantage.

Another option that has gained recent popularity is the “capital guarantee" which ensures UAE properties’ value for two years after delivery. It also implies that the developer will pay the difference to the investor if the unit price shows decline between the time of delivery and the end of 2019.

Does this signify confidence in and growth of the Dubai real estate sector? We at Better Homes think that such offerings are signs of belief in the sustainability of the Emirate’s property industry and are a good opportunity for those looking for safe investment and high returns in a stable market.

In February this year, Emaar Properties, Dubai’s largest developer, announced that it was waiving off the 4 percent registration fee on Casa villas in the Arabian Ranches development. Even better, this has been offered on ready to move in units. The developer has begun giving customers 12 months to make the full payment with the property agents minus the agency commission of 2 percent, transfer charges of 4 percent and the Oqood land registration charge of 4 percent which will be paid by the developer, Emaar itself.

Another developer, Aqua Properties, is making it easier for people to buy UAE properties, by offering a seven-year monthly payment plan for apartments in Skycourt Towers, Dubailand. Not just that; the developer claims that investors can expect a return on investment of over 10 percent. Seven Tides International, also a developer, has upped its guaranteed return on investment of 10 percent net per annum for three years under its hotel managed rental scheme.

According to recent estimates, UAE properties may continue to see a slight slowdown in activity this year due to lower oil prices. However, the market is anticipated to begin recovery in 2017 as infrastructure work surrounding the Dubai Expo 2020 gets underway. So, overall, while prices and rentals are likely to soften in the short term, they are likely to rise by 2017. The government’s infrastructure spend in the run-up to Expo 2020 is expected to sustain the property market and the population is expected to increase to five million by 2030, and in turn fuel demand for housing.
With the rolling out of such measures, UAE properties are becoming accessible to mid-income and salaried individuals who can now dream of owning a home in freehold locations. By making it theoretically cheaper to pay a mortgage than rent, given the stabilisation in sale prices of UAE properties in addition to sharp increases in rents, there has also been a change in expat outlook towards Dubai in general.

Traditionally considered more of a transit zone for expats, Dubai is presently increasingly being seen as a place for long-term stay. People are beginning to look at the city as home rather than just a transitory destination, are planning on staying longer and hence thinking of investing in a house rather than just renting one for a while. Interestingly, approximately 80 percent of mortgages in Dubai are taken out by end users, in particular, young couples taking the opportunity to invest in their first family home, and representing the majority of new mortgage seekers in the Emirates. This is testament to the fact that more people are not only considering home ownership, but that the shift from people renting to buying is great for stability of the market for UAE properties in the long term.

Experts are suggesting more policy changes and incentives to encourage homeownership, such as a better LTV rate for first-time buyers and reduced DLD fees. We at Better Homes also believe in the importance of maintaining affordability for the average first-time homebuyer, as in the majority of cases, financing tools such as mortgages and easy payment plans are critical to encourage participation in the real estate industry.

Tuesday, April 12, 2016



Better Homes Property Management is raising the bar in managing Dubai residential property/ies. Our knowledge of the local markets combined with our customised marketing strategies result in maximising rental returns, minimising risks and promoting long-term sustainable tenancy for Dubai residential property owners. Founded in 1992, Better Homes Property Management has met the needs of numerous clients’ Dubai residential property portfolios. Today, we have a dedicated team upwards of 75 people, taking care of properties in Dubai, Abu Dhabi and across the United Arab Emirates.

We offer property management solutions for single units, multiple units, entire buildings and developments in Dubai’s residential and commercial segments. Our occupancy rates run at an average of 98.7 percent to our credit. We offer a full and comprehensive range of property management services ranging from accounting to coordination of repairs and maintenance. At Better Homes, we strive to provide professional and proactive property management along with exceptional customer service to owners and tenants.

Market Research and Property Inspection

Our dedicated Property Management team systematically performs a market rental analysis and a thorough inspection of Dubai residential property/ies in order to determine the appropriate rental value. Upon communicating this to the owner, we begin teaming up with them to strategically manage their unit. Additionally, we conduct a detailed pre-handover inspection of your Dubai residential property, identifying all visual defects and faults that need to be rectified by the developer.

Marketing

Better Homes Property Management effectively markets Dubai residential property/ies so that a reliable tenant can be identified through our professional screening services. Our key online marketing tool is the Better Homes website, bhomes.com, which attracts millions of unique visitors each month and has all the information a prospective tenant needs in order to make an information decision about whether or not to rent a particular property. Every Dubai residential property unit page includes a description of the home, location, size, floor plan and rental fees. Additionally, we engage in the re-marketing and management of vacant Dubai residential property/ies between tenancies.

Tenant Screening

Better Homes Property Management utilises a professional screening service to evaluate a prospective renter’s credit, background check, professional and employment history, rental history and other references. Our complete screening process offers numerous rewards and advantages such as low tenant turnover, sustained occupancy rates, happy tenants and satisfied Dubai residential property owners. 

Rent Collection

Better Homes Property Management promptly collects rents and provides the owner with a check or a direct deposit to the account of their choice. 

Dispute Resolution

We do our best to resolve disputes in a judicious manner. In the event of non-payment by tenant, absconding tenants or other disputes requiring legal attention, we register the landlord’s case with the Dubai Rental Dispute Settlement Centre. Additionally, we arrange for notarized legal notices to be sent to tenants, on behalf of the landlord, in accordance with the governing law.

Move-In/Move-Out Process

At Better Homes Property Management, we do a comprehensive walk-through of Dubai residential property/ies and have a detailed document to assess damages. Further, we conduct periodic inspections to ensure that Dubai residential property/ies are maintained responsibly and are ready to move into. At the end of a tenancy contract and at the beginning of a new one, we provide a detailed check-in/check-out report which has information on our inspection to record the condition of the unit and verify that the handover is complete and/or that deliverables such as keys, access cards and documents are received by the landlord from the tenant. 

Maintenance/Repairs

Better Homes’ Property Management team address maintenance requirements and if required, contact our wide range of preferred partners to get quotes on behalf of the owner to promptly address any issues arising on Dubai residential property/ies.

Value Added Services

In addition to the services mentioned above, our Property Management team liaise with the developer and Dubai Land Department to obtain your Dubai residential property title deeds. 

One of the biggest decisions you will need to make as a Dubai residential property owner is whether or not to hire the services of a property management company. While you may be able to manage your properties on your own or with the help of an independent person, you may need more help, and that is when a property management expert such as Better Homes will add value to your investment portfolio.

By working with a property management company such as Better Homes, as a Dubai residential property/ies owner, you save time and worry over marketing your properties, rent collection, property preventive maintenance and repair, responding to tenant complaints, tenant screening and sometimes even pursuing evictions.

Additionally, as Property Management experts, we bring our know-how and expertise to your Dubai residential property, giving you the peace of mind that comes with knowing your investment is in safe hands.

Tuesday, April 5, 2016


Holiday Homes, Best family vacations rental in Dubai, UAE


Bring everyone together for a family holiday they will never forget.

Discover where to find the best family vacation rentals on bhomes.com. Our selection of Dubai property rentals offer, space, privacy and comfort. Whether you are in Dubai for a special event, holiday or just a corporate trip, our vacation rentals are perfect for adults and kids alike. Some of our Dubai property rentals offer a gourmet kitchen, gorgeous ocean views and even a pool!

Dubai is an ideal family vacation spot that is loaded with attractions. On the must-see list, visit the popular Dubai Museum, explore the world’s tallest tower, rub elbows with dolphins at Aqua Venture, get your heart pumping on the thrilling roller coasters or tee off at the fun and challenging golf courses. Enjoy the many outdoor activities such as jet skiing, shop at some of the world’s biggest and best malls and explore sunny beaches with long stretches of sugar-sand shores. Every attraction in Dubai sparkles with the promise of great family fun. With all of its welcoming people and exciting sports and activities, your family will never want to leave Dubai.

Book a short-term rental with Better Homes. Not only is Dubai a family’s vacation paradise, it also features some of the biggest and most affordable vacation rentals around. In between your travelling, you will enjoy spending time in your spacious short-term apartments. With Better Homes, it’s easy to find a great deal on a large short-term rental. And luckily, you can enjoy plenty of space and luxury - for less than what you would spend on a standard hotel suite.

As one of the UAE’s leading online marketplace for Dubai property rentals, at Better Homes, our mission is to make every short-term rental in the emirate available to our users. With numerous vacation rentals and a growing list on our portfolio, we are committed to helping people find the ideal short-term rental to create unforgettable travel experiences together by making it easier than ever to find and compare Dubai property rentals.

While some vacation rentals are fully furnished, most also feature equipped kitchens. Enjoy staying at a great bargain in a quiet neighbourhood and enjoy an optimal and a comfortable experience that will rival a hotel for a fraction of the cost.

Get started by searching our selection of vacation rentals now!

Tuesday, March 29, 2016



Having recently opened up its real estate market to foreign investors who can now own properties in the emirate for up to 100 years, Sharjah real estate is set to witness an unprecedented boom. The Tilal City project, which was welcomed by investors and marked the beginning of a new era in Sharjah real estate has seen immense progress and demand. Launched in November 2014 as a joint venture between Sharjah Asset Management and Eskan Real Estate Development, the flagship Sharjah property project covers an area of 25 million square feet along Emirates Road. It is the first model community of its kind in the city. In addition, it is also the first development available on a 100-year leasehold basis for all nationalities.

Soon, Tilal Properties will also unveil the Tilal Mall project. This development is expected to add to the retail appeal of the emirate and cater to the shopping needs of residents in Tilal City and neighbouring areas.

More importantly, as a burgeoning real estate destination, Sharjah was least hit by the economic downturn of 2008. Demand, supply and prices of Sharjah properties continue to remain stable and affordable, thereby gaining the confidence of investors and representing a safety valve for the UAE real estate market. Moreover, the market is also being well regulated to guarantee the rights of all the parties involved, including developers and investors. For instance, the Sharjah Real Estate Registration Department, recently announced its plans to launch a new service that allows customers to enter the data of initial contracts for real estate deals via smartphones. This will make the data available in the circuit systems and make it easier for dealers to complete the final procedures when they go to the Department.

Aside from Tilal City, Sharjah real estate is set to welcome a series of new real estate projects, including industrial, commercial and residential ones, such as the Sharjah Expo Hotel, which when launched, is expected to become an architectural and iconic masterpiece and a transformative hotel stay experience for business and leisure travellers. Given its strategic location, the hotel will be ideal for corporate executives visiting the various exhibitions held at Expo Centre Sharjah.

Sharjah Holding is another landmark initiative and the result of a strategic partnership between the Government of Sharjah and Majid Al Futtaim Properties. Matajer, a neighbourhood retail concept anchored by a leading supermarket chain and featuring a range of premium retail, food and beverage brands and Al Zahia, an integrated residential community featuring a range of villas, apartments and commercial units have been launched as part of this initiative with ongoing expansion plans slated for the year. Explore the latest Sharjah properties on bhomes.com. Click here to get started.

Saturday, March 26, 2016

Dubai's Best Real Estate Agency

Whether you’re looking for a beachfront villa for a week or an apartment for a year, we at Better Homes, have you covered. Choose which homes you like and when you’d like to see them. Our advanced and easy-to-use search platform displays the best real estate and latest updates continuously – you see everything our agents can see.

Transition seamlessly from searching for Dubai real estate on our platform to collaborating with an agent to narrow your search and visiting open houses.

Partner with top agents through the entire process of buying, renting, selling or leasing Dubai real estate: from search to signing. Find an expert who knows the nuances of your neighbourhood and has a track record for selling and letting properties similar to yours. As an established real estate agency, Better Homes offers a refreshingly simple way to find the home you love. And the best online search experience of the latest Dubai real estate for sale and rent alongside unique insight into the property market.

Combining technology, teamwork and personalised service, we make it possible for you to work with licensed experts who understand the numbers driving every sale and take control of your Dubai real estate search.

As an expert real estate agency, we also place heavy emphasis on data accuracy. Our system patrols all listings for accuracy with regard to prices, and images and descriptions to ensure that they match real-life details. With our ‘search by agent’ feature, we help you work with the best Dubai real estate agents in the market by enabling you to view customer ratings, business strengths and public reviews and thereby connect with the right agent for you, every single time.

Rate and review agents. See who specialises in your community and has the right experience to meet your needs. Enjoy property recommendations handpicked for you. Save properties for later viewing.
Dedicated to empowering you with the right data, tools and knowledge and connecting you with the best professionals in Dubai real estate, we make the process of finding, selling or renting your home or office stress-free and enjoyable.

Click here to get started with your Dubai real estate search.

Tuesday, March 22, 2016

One of the key UAE real estate events this year was the passing of the long-awaited legislation to better regulate the Abu Dhabi property market. The new law (Law No. 3 of 2015) is a positive step towards standardising practices in the capital’s real estate environment and in turn, increase real estate/property investment in the emirate and across the UAE. The law also looks to tackle the myriad of concerns raised by investors and developers while drawing on the investment experience and landscape of Dubai. Hence, this regulation is considered an important step forward as a source of legal protection for stakeholders.

A key trend that we think will define this year’s UAE real estate market is tightening liquidity. With oil prices remaining low, we think that a general tightening of liquidity will impact real estate/property investment in 2016. Thus, conventional project financing such as bank lending may become difficult, driving developers to seek alternative funding mechanisms such as joint ventures, refinancing, etc. Functionality is likely to emerge as an important factor for occupiers in search of new office spaces. While overall levels of demand are expected to be lower than last year, buildings that offer efficient working environments and other services such as sufficient parking with access to public transport will remain in demand.

 The hospitality industry is all set to evolve and change as overall demand softens this year. As Dubai’s core luxury UAE real estate market transforms into a more broad based hospitality offering, how to operate and gain profitability in 2016 remains to be seen. Another trend that can be expected to emerge this year is a renewed focus on adding value to existing buildings rather than developing new ones. This change is resulting in an increase in demand for fit-out within retail, office and hospitality projects. Occupiers are re-examining their fit-outs as a more cost effective option than moving to a brand new space. Conversely, there seems to be less demand for iconic or less functional buildings.

Moreover, this year, we expect to see a modest rate of growth as the overall economy adjusts to a sustained period of lower oil prices. While new real estate/property investments are in the pipeline, most of this supply is being phased over many years, not in 2016. As people realise that double-digit quarterly or annual price growth are not here to stay, market sentiment and confidence will increase, leading to more transaction activity and healthy and sustainable price appreciation in the UAE real estate market.

Thursday, March 17, 2016



Planning a vacation to Dubai? At Better Homes, we offer you the opportunity to live in a holiday rentals and enjoy a stay that does not feel different from your own home. Our holiday homes span a variety of locations and budgets to ensure that you get a perfect fit.

With iconic towers, some of the world’s biggest malls and restaurants, Dubai never ceases to fascinate travellers. From classic apartments to luxury condos by the beach, we offer you amazing holiday homes to make your family holidays memorable and comfortable. Stay close to city conveniences and still feel like you are miles away from the bustling city. Our holiday homes are located in key neighbourhoods, feature panoramic views and offer you access to the very best of Dubai.

If you are seeking relaxation during your family holidays, our selection of holiday rentals are just what you need. Serviced and furnished at affordable prices, our holiday rentals are great for families or small groups looking for comfort on a budget. At Better Homes, we simplify your holiday home rental process. Not only does it just take minutes to book one, it also provides great savings compared to a typical hotel suite. Professionally managed, our properties offer value and a unique and comfortable experience.

We are a trusted online marketplace for people to list, discover and rent holiday homes in the city — online or from a mobile phone or tablet. Whether an apartment for a night or a villa for a month, we connect you to relaxing holiday rentals. Together with great customer service and a growing community of users, our site is the easiest way for you to enjoy the city without worrying about hefty hotel bills. Many of the holiday homes listed on our site include kitchen facilities which allow you the option of dining in during your stay in the city.

Enjoy all the perks of a modern home in addition to dedicated customer assistance. While some holiday homes are fully furnished, some also feature equipped kitchens. Not just for travellers, short stays are also rented by those waiting for their visas to be able to rent permanent accommodation.

The Dubai government has been focusing on holiday rentals in a bid to address Dubai’s dramatic influx of visitors by bringing holiday homes under the same regulatory structure as hotels. By requiring that all properties are licensed, the focus is now on delivering quality accommodations and services for guests.

Enjoy staying at a great bargain close to the city but also enjoyably tucked away in a quieter neighbourhood that offers a variety of restaurants and cafés as well as supermarkets. Specially appointed for those on family holidays, our holiday homes provide an optimal and a comfortable experience to rival a fancy hotel for a fraction of the cost.

Get started by searching our selection of vacation rentals now!

Tuesday, March 8, 2016

Dubai still one of the world’s best places to invest in property sector

Despite the slight fall in prices, is Dubai still one of the world’s best places to invest property in? The answer is a resounding yes.

It is no secret that Dubai property sales values and transactions have shown a dip over the past year and a half. The government has since introduced cooling measures to prevent overheating and speculation given the upcoming World Expo 2020 that Dubai is gearing up to host. The Expo is the UAE’s opportunity to engage in the global community and drive innovation.


However, this price softening is no reason to feel worried about an upcoming bubble as it is only a sign of the market auto-correcting itself for the sake of long-term stability. Furthermore, the Dubai property market continues to mature given the government’s strategic regulations such as increased property registration fees and mortgage caps.

This is in fact a great time for those looking to buy Dubai property as attractive bargains are to be enjoyed in some locations. Moreover, with high rentals, this is an apt time to lock in a property that will bring good yields as well. So while the Dubai property market may remain subdued over the course of this year, this phase certainly provides rewarding opportunities for investment in Dubai real estate for the long term.

Dubai property represents solid value when compared with other global real estate markets and is one of the world’s best markets for income-generating assets. We believe that greater control and market regulation will help the Dubai property market mature and keep confidence among the investor community.

With the government stepping in to curb speculation by tightening mortgage regulations and capping price increments, the Dubai property market has learnt from the 2008 downturn and is heading steadily to be more mature and better controlled. Furthermore, the market is performing very well in the rental segment, with rental yields reaching more than 7%. Compare this with cities such as Hong Kong which offers around 2% to 3% and London which offers yields averaging 3% to 4%.

So, while Dubai property sales prices have dipped, the rental market has remained robust given the increase in expat population and number of jobs created by the infrastructure investment planned around the mega Expo 2020. Hence, those with stable incomes and long-term plans of living in the UAE should consider investment in Dubai real estate, as rents can work out to be more expensive in the long run than mortgage payments. Investors should consider buying off-plan properties to take advantage of the recovering market, as Dubai property units are being offered at a 20% to 30% discount.

Lower prices, higher yields: this is the right time to invest in Dubai property.