Dubai is the capital of the United Arab Emirates(UAE) and one of the richest places to live in this world. It is one of the world’s largest real estate markets as compared to the other markets throughout the world, and because of that, there are several new property projects in Dubai.
There are various reasons why Dubai’s real estate market excels as compared to others in the world, such as in meeting the buyers’ needs by providing them with various benefits, exceptional value, and a variety of wonderful amenities. Dubai has a wide range of off plan properties, including luxury and residential properties.
But one should always focus on some important factors before buying a property.
The Factors Before Buying A Property
When buying a property, the one important factor a person needs to focus on is location. There are many factors you should focus on while selecting the ideal place. If a family is going to reside, then a residential property will be a suitable choice; if it is for a single person, then a location close to the city center will be a better option.
You need to ask a few questions when it comes to amenities. Whether a property is fulfilling all our basic amenities should be a major factor while buying property. What benefits do I get from this property? Is the supermarket close to the home? Is the park nearby?
Buying a property in a shady place can be the worst thing one does with their hard earned money. The security of a place should be a major thing one should look over while buying a property in any place.
Some other factors include the size of the property, the budget of the person, resale value, transportation facility, maintenance, etc.
New Property Projects to Buy in Dubai
Buying a property is a good investment for several reasons. There are hundreds of off plan properties and residential properties to choose from in Dubai. There are also various new property projects in Dubai from which one can choose from. Some of these are mentioned below:
- Sobha One is a recently launched project located near Ras Al Khor Road. The project is handled by Sobha Realty, established in 1976 as an interior design firm in Oman and now changing the real estate market.
- Elitz by Danube is located in a prime district of JVC. The building design is one of its kind with a combination of Studio apartments, Presidential Suites, 3 ,2 ,1 BHK, Duplex, and Penthouse.
- Riviera Rêve is a recently launched residential property development located in Dubai. Comprising of 1-2 and 3-bedroom apartments, it brings the best of beachside living, leisure, and entertainment. Riviera Rêve complements a lifestyle with a variety of premium retail shops and dining experiences on the French-Riviera-inspired boulevard.
- Bulgari Residences in Jumeirah, Dubai, is a ready-to-move housing society available in varied budget ranges. There are 5 BHK apartments available in this project.
Dubai property feels like a thing of pride because it is one of the best options in the real estate market to invest and buy a property, thanks to laws put in place by the UAE government. All in all, it is up to an individual how they understand the market and invest in the right kind of property which will benefit them in the near and far future.