Dubai property investment

Furnished apartments Dubai? Dubai tourist attraction is one of the reason for the real estate boom in Dubai. Sheikh Saeed Al Maktoum was the Ruler of Dubai from 1921 to 1958 and grandfather to the current ruler. His former residence has been rebuilt and restored as a museum that is a fine example of Arabian architecture. The original house was built in 1896 by Sheikh Saeed’s father, so he could observe shipping activity from the balconies. It was demolished, but the current house was rebuilt next to the original site, staying true to the original model by incorporating carved teak doors, wooden lattice screens across the windows, and gypsum ventilation screens with floral and geometric designs. Thirty rooms are built around a central courtyard with wind-tower details on top. Inside are the exhibits of the Dubai Museum of Historical Photographs and Documents, with many wonderful old photographs of Dubai from the period between 1948 and 1953. The marine wing of the museum has photos of fishing, pearling, and boat building. Throughout the building there are many letters, maps, coins, and stamps on display showing the development of the Emirate.

Being careless with credit. Lenders pull credit reports at preapproval to make sure things check out and again just before closing. They want to make sure nothing has changed in your financial picture. How this affects you: Any new loans or credit card accounts on your credit report can jeopardize the closing and final loan approval. Buyers, especially first-timers, often learn this lesson the hard way. What to do instead: Keep the status quo in your finances from preapproval to closing. Don’t open new credit cards, close existing accounts, take out new loans or make large purchases on existing credit accounts in the months leading up to applying for a mortgage through closing day. Pay down your existing balances to below 30 percent of your available credit limit, and pay your bills on time and in full every month.

Manage communication between Landlords, Tenants and Sub-Contractors. Reminders and notices to owners of annual service fee that will need to be paid (HOA Fees, Service Fees, parking fees, Legal fees, & other services) Coordinate landscaping and gardening services. Ejari Checks to make sure that the tenant does have and is able to obtain an Ejari.. See additional information on apartment for rent in Dubai monthly.

Dubai real estate trick of the day : Now that you know the “fair market value” of the home you like, it’s time to determine how much you are willing to pay. Establishing this prior to making a formal offer helps define your personal limits. You should determine how much to offer, how much earnest money you will put down, how much of the closing costs you will ask the seller to pay, when you plan to settle, and what inspections you plan to have conducted. Your agent will offer great advice for structuring your offer. Remember to ask your agent about contingencies and their importance. If you don’t fully understand something, be sure to clarify it.

Location is by far the most important part of buying real estate. You can change condition, you can change price, you can’t change the location of a house. If there is one thing a buyer should never sacrifice on its location. The location of a house will have the largest impact on its price, and potential future appreciation. One analogy we use to demonstrate how important location is this: If you take the least expensive home in the world, and you put it in downtown New York City, it is worth millions. If you start shopping homes for sale in all different locations you’ll never build a proper frame of reference to understand what constitutes a great deal, a good deal, and a lousy deal. You want to become an expert in a certain area so that when it comes time to make an offer, you can do so with conviction and confidence.

Boutique Property Care Services is one of the leading property management companies in Dubai. In a short span of time, BPCS has carved a niche for itself as a reliable and trustworthy property management company. BPCS is the brainchild of Karen Lewis who has a long 10-year experience in the field of real estate in the USA and UAE. She has a passion for helping people in finding a dream home to live with their families and the passion for taking care of the properties of her clients as if they are her own. We are responsive and take responsible action. We say what we mean, we do what we say. Discover even more information on office for rent in Dubai.