Most UAE Residents Choose to Buy a Property then Rent Here,s Why!
Blog Description
The UAE residents are choosing to buy rather than rent a property to stay for longer periods in Dubai. The real estate industry is thriving and analysts have monitored the trends people in their 20s, 30s, and 40s are investing against inflation. The Dubai real estate industry has some incredible newly launched projects getting sold every day or two.
The major home developers in Dubai are completely sold off their projects under development conditions which have generated huge income and taken the industry to another level. These projects are selling out easily as the company’s attractive payment plans and affordable luxury development are coming into the picture which appeals to the buyer in the long run.
The investors are putting all out so that the project gets sold out successfully and prices are cheaper in Emirates as compared to other major cities. Also, developers are offering intriguing long-term payments that make planning and buying properties in Dubai easier than ever.
The people who are ready to be permanent residents buying is an attractive option rather than paying rent for a long time. The hefty deposit and fees are the things that change the mind of the owner while with proper plans and negotiation, it is easier to finance the property by paying the down payment.
However, there are chances where one can face issues. We highly recommend hiring a professional expert when buying a property in Dubai. Signature Habitat will give you a flexible and transparent transaction throughout your buying journey.
The rising rent prices make people inclined towards buying a property as the cost of rent is one of the major factors. Renting a flat costs the same as paying a monthly payment with interest for buying a home. The economy of UAE is the greatest which means returns on investment will be higher than invested which is another factor why people are choosing buying over renting.
Settling in Dubai
Settling and putting down roots in the country involves huge costs as rising rent prices are the reasons the people are considering buying and settling down in Dubai. The skyrocketing prices of rent and redecorating the home involve huge costs which means one can easily buy an apartment with flexible monthly payments with the help of our experts at Signature Habitat.
Dubai's property market is in a recovery phase after the impact of the COVID-19 Pandemic. The economy is growing which means the returns would be higher in the long run. Buying a home allows you to redecorate as per your liking rather than redecorating the space which you have to leave anytime.
The Golden visa regulations are quite flexible which has increased the demand in the market and it’s a golden opportunity to settle down with family by purchasing a property worth Dh2 million. The Signature Habitat team of professionals helps you find your dream home without any hassle. We also take care of all the legalities and other visa reforms from scratch.