Most notably, security, security, flexible laws, pricing options, and payment plans
Experts identify factors that attract investors to buy real estate in Dubai
Dubai offers properties with different views.
Realtors identified a number of factors that affect the investor's decision when buying a property, most notably the security and safety, the laws that protect the investor, in addition to the price and payment plans, noting that Dubai provides all the factors of interest to investors with several options for buying a property in the emirate.
They told «Emirates Today» that the location of the property to be purchased, its views and interior finishes, as well as service fees, play an important role in the purchase process and the return on investment from the property.
Safety and security
Safety and security
In detail, the General Manager of Awad Gargash Real Estate Company, Raad Ramadan, said that there are several factors that affect the investor's decision when buying a property, most notably the security and safety factor, and the laws to protect the property and preserve its ownership, as well as the laws related to the investor's residence, noting that Dubai provides All of these factors make it a magnet for investors wishing to buy a property in the emirate.
Ramadan added that the location of the property and the real estate investment area are also important factors that affect the purchase decision, pointing out that the infrastructure and location in terms of the availability of services near the property, in addition to the investment return from the property plays an important role in determining the property to be purchased.
For his part, Alaa Masoud, an expert in marketing and sales in the real estate market in Dubai, agreed with Ramadan that the factor of security and safety is one of the important factors that affect the process of buying a property, stressing that Dubai enjoys the highest level of security and safety.
Masoud said that the price, payment plan and payment methods, which differ between real estate developers, make the investor choose between one property and another, pointing to the availability of many options in Dubai, especially with regard to prices and payment methods.
He added that the site also plays an important role in the purchase process, in addition to the fees for services determined by the developer.
Masoud pointed out that the interior finishes also affect the purchase decision, considering that it can be classified as the last influencing factor.
In turn, the real estate consultant, Muhammad Al-Hafiti, said that the factors that affect the purchase decision in the real estate market are multiple, but he considered that the most important of them is the need for a suitable property for housing, which is provided by real estate developers in their projects in Dubai.
He added that the quality of health and educational services is one of the main factors when deciding to buy a property in a region, noting that Dubai and the UAE in general are characterized by the highest level of these services.
He referred to the laws that are all in the interest of the investor and the public interest, and that affect the investment decision.
In the same context, the managing director of Harbor Real Estate Company, Muhannad Al-Wadiya, said that the first factors that affect the decision to buy a property in Dubai, besides security and safety, are financial matters that include price, value for money, in addition to the purchase cost, which is fees Registration, broker fees, and other fees such as a no-objection letter, as well as the cost of ownership, which is reflected in the financial returns.
He added that the second factor affecting the purchase decision is the location of the property, and the project's vision and identity.
Al-Wadiya explained that the third factor is the views provided by the property, as some prefer water views, while others prefer views of golf courses, while others prefer views of well-known or urban tourist attractions, noting that Dubai provides many projects characterized by different views. .
Al-Wadiya stated that there is a factor that also affects when thinking about buying a property, which is the spaces and the division of the existing property, in addition to the interior design.
He pointed to another important factor, which is the quality of the property itself in terms of finishes and facilities, and the quality of customer service from the main developer.
Real estate consultant Ahmed Al-Dawla said that there are some factors that affect the purchase decision for those wishing to invest in the real estate sector, including the laws regulating the purchase process.
The state pointed out that the large number of advertisements and random calls from some real estate brokers or some developers, may cause inconvenience to the investor, and negatively affect his decision.
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