A Heaven For Property Investors

Dubai is a property market. Rich foreigners always have a dream to invest in the land of gold, luxurious shopping, ultramodern architecture and lively night-life scene.  This cannot be achieved without property lawyers in Dubai. They provide a friendly, personal, bespoke jargon-free service.

The decision regarding buying or renting of a property can be quite confusing for most of the investors. Now you must be thinking why I am saying all this as many investors get tempted to buy with the attractive property launches every other day. If you are planning to buy a property in Dubai and haven’t purchased yet, then rent a home and wait for the right time to buy as the property market in Dubai has slowed down a lot because of the investment flow from Russia and Kingdom of Saudi Arabia has become inactive. Many investors have burnt their fingers by buying property in Dubai at a wrong time. Along with this, the property in Dubai is quite expensive. Moreover, high community maintenance fees of building service fees should be paid. You also need to hire a maintenance agency that will take care of the wear and tear and normal maintenance issues of the building.

You must be thinking why I am talking negative although there must be a lot of people still ready to invest in Dubai. The good news is since 2013, a rise in house prices and sales has returned the confidence to Dubai’s real estate sector after its disastrous part. These rise in house prices occurred due to the changes made to the law which has opened up the Dubai property market to foreigners once again.

Now let’s  talk about the countless reasons to buy property in Dubai.

Dubai is a perfect tax heaven for rich foreigners.

Sun, fun, no tax still applies - and it's a big draw

British developer Andrew Lemon

And not just that, it’s a safe haven for regional investors.

Dubai is the safest place for a family in the region, as compared to the rest of the middle-east.

Lebanese born business woman Nejoud Nasr

You should always seek professional assistance while  buying property in Dubai or elsewhere in the world.

Since 2002, foreign nationals were allowed to buy property in Dubai due to which Dubai has enjoyed a construction boom. It helped turn the vague fishing village into a global hub.

But still, you should be precautious while dealing property in Dubai. You should keep in mind certain steps before investing.  Seek your interest that what type of property you are interested in. Search it online as it is the most powerful tool nowadays. Contact specialist agents and attend property fairs. It would be better if you visit and spent a little time in Dubai to do the legalities yourself. Be sure to have all your documents prepared like the property visa, passport etc. don’t forget to take the cash with you as it is the most important part.

In case of any trouble, meet Mr. Hassan Elhais, legal consultant in Dubai as he and his team has successfully executed excellent results in providing legal advice and assistance in numerous property matters.

Source: http://www.harlowinternational.com/