Are you looking to buy a new home in Dubai? If yes, then you should consider investing in a 3 Bedroom apartment. This type of property offers better value for money compared to other types of properties.
The real estate sector has seen a boom over the last couple of years. In fact, the demand for housing units has increased significantly. As such, the prices of these house properties have also gone up.
However, the price of3 Bedroom apartments in Dubaihas remained relatively stable. These properties offer great value for money and are ideal for families who want to live together.
As the real estate market in Bang Here is a list of 5 things to keep in mind when buying a 3 Bedroom apartment in Dubai:
Location is everything
Location plays an important role in determining the value of your house. It will determine how much rent you need to pay every month. The location of your property will also influence its resale value.
If you are planning on purchasing a 3-bedroom apartment in Dubai, make sure that it is spacious enough for all the members of your family, homes are catching up with the demand. The sizes of the homes in 3-bedroom apartments are increasing as well. There are several categories of apartments ranging differently are available in Dubai. There are also many projects that are being taken up in Dubai and a lot of them are in the 3-bedroom category. So, what should you do if you have the money and requirement but are not sure where to buy?
Things to know before buying a 3 BEDROOM home in Dubai
Price of the property:
Very initial thing to consider before buying 3 Bedroom apartments in Dubai is the price of that property. You must select a property within your budget. When a budget is fixed, it makes simpler in shortlisting the properties which fits in that budget. You need to make sure that you get the best deal possible. However, this does not mean that you should compromise on quality or location.
Access and connectivity
If you are planning to invest in a 3 Bedroom apartment in Dubai, it is important to check out the location first. You need to make sure that your chosen area is easily accessible by public transport. It will be easier to commute to work or school if there is good access to major roads.
Plan your commute to work. You should find out how accessible the roads are if you travel by car. The journey by train should be examined to see how long it takes to reach the station as well as whether transportation is readily accessible from and to the station. The project will be better connected with upcoming infrastructure projects.
Property Possession date
Plan when you need to move into the apartment. Ready-to-move in homes are comparatively pricier when compared to those homes which are under construction in Dubai, you can get details of all the property for sale and their completion date from real estate brokers. You can get valuable information from them as they know each ongoing project and idea.
You should pay attention to the land on which your apartment is built. To build a house on land of high soil quality, you must study its topography and soil quality. It is also imperative that the plot is registered and clear of all dues. It is essential to verify and check in detail the title deed before purchasing a house. Detailed information about rights, ownership and responsibilities regarding the property is found in the deed.
Hidden and Additional Charges
It is important to read the documents carefully and understand penalty clauses. If you do not receive possession of the home within the grace period, the builder must pay you a monthly penalty. Be sure to keep in mind all other charges such as registration fees, stamp duty, loan processing fees and GST.
If you want any information regarding how to invest in Dubai on Investor Visa, You can check Dubai Investor Visa, You can Also Contact Azco Real Estate at +97145587741.