Property for sale in Dubai

Villa for sale in Dubai? Dubai tourist attraction is one of the reason for the real estate boom in Dubai. Dubai’s architectural, cultural, and maritime heritage is showcased at the Heritage and Diving Village, with displays related to pearl diving and dhow building — two of old Dubai’s historic economic mainstays. There are also recreations of traditional Bedouin and coastal village life, with Persian homes, a traditional coffeehouse, and a small souk where potters and weavers practice their handicrafts at the stalls. Local music and dance are performed from October to April, and visitors can get advice from practitioners of traditional medicine. One of the city’s top tourist attractions, the Dubai Aquarium houses 140 species of sea life in the huge suspended tank on the ground floor of the Dubai Mall. As well as free viewing from the mall, if you enter the Underwater Zoo, you can walk through the aquarium tunnels.

Assuming you need a 20 percent down payment. The long-held belief that you must put 20 percent down payment is a myth. While a 20 percent down payment does help you avoid paying private mortgage insurance, many buyers today don’t want (or can’t) put down that much money. In fact, the median down payment on a home is 13 percent, according to the National Association of Realtors. How this affects you: Delaying your home purchase to save up 20 percent could take years, and you could limit cash flow that could be put to better use maximizing your retirement savings, adding to your emergency fund or paying down high-interest debt. What to do instead: Consider other mortgage options. You can put as little as 3 percent down for a conventional mortgage (note: you’ll pay mortgage insurance). Some government-insured loans require 3.5 percent down or zero down, in some cases. Plus, check with your local or state housing programs to see if you qualify for housing assistance programs designed for first-time buyers.

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) Routine maintenance follow-up. Responsible for key and access card handover. Read extra details at property management company Dubai.

Dubai real estate tip of the day : Once you select a lender, you should speak with a loan officer as quickly as possible. At this point, there is one thing you should know. Pre-qualifying means absolutely nothing. All pre-qualifying does is determine the amount of the loan you could qualify for based on factors such as your credit, salary, etc. It does not guarantee that a lender will actually loan you the money. It’s more important to get PRE-APPROVED. Pre-approval means that your application has been submitted to a lender who is willing to extend you a specific loan amount, pending a property and appraisal. Being pre-approved lets you know that you won’t be denied for a loan, and it also provides you with leverage to negotiate the purchase price of a home with the seller.

One of the largest reasons some buyers walk away from a home purchase feeling remorseful is because they don’t consider everything about purchasing real estate before they jump into it. There are common buyer mistakes we address with all of our buyers upfront so they have a highly successful transaction. One thing that many folks don’t want to do is put in the upfront work, studying, and preparation that goes into buying a house. You need to prioritize your needs, and your wants – and if you have a partner you need to communicate together on everything. Maybe one person is ready to buy, and the other isn’t ready just yet.

Clients of BPSC know that they are in safe hands when they hire our services whenever they need property management Dubai. Karen brings to the table all her experience, knowledge and skills in property management. She is also loved by the clients for her honesty and transparency. They know that they will enjoy seamless property management services and get a higher yield from their properties. They also know that their properties will stay in top condition through timely repairs and frequent inspections. We act with honor, honesty, and fairness and we hold ourselves to the highest ethical standard Discover more information at apartment for rent in Dubai monthly.

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