Despite a slow down in traditional Dubai residential property in Dubai with restrictions on mortgage lending and high transactional charges which were brought in to curb Dubai Property prices, the investor market is booming particularly in the under 3m aed purchase price.
With developers offering attractive payment plans with some offering even 20/80 payment plans there are no shortage of investors who are looking to make a quick dirham.
Despite having now to register the property prior to sale incurring a 4% registration fee (Oqood ) 5 to 10% premiums on TOTAL price can be made in a short time.
Completed apartments are also a major attraction with typical returns of 7 to 10% with this figure growing as prices have cooled over the last 12 months.
With popular areas of Jumeirah Lake Towers, Dubai Marina in great demand areas farther afield like Dubai Sports city with the approved road network are also appealing and in fact are showing some of the highest growth and return rates.
Emirates Property Shop one of the premier portals for Dubai Real estate specializing in golfing communities and Dubai Off Plan Property for expertise advice on the community our consultants will be glad to assist.