Buy Ready Properties in Dubai
Dubai has an extensive selection of ready properties to choose from, whether these are cozy studios in urban areas or palatial villas on the beach. If you’re looking to move in right away to enjoy your home, these properties are complete and ready for you to do so
There are lots of financing options available when it comes to buying a property in Dubai. From various bank mortgages to attractive payment plans put in place by the city’s real estate developers, the affordability of buying completed properties in Dubai is only growing.
Important Factors to Consider before Buying a Ready Property
Use a trusted real estate agency.
A professional and registered real estate agent should protect your interest and navigate you through the entire purchasing process — from negotiating contract terms to arranging home inspections.
Look beyond paint.
If you are considering partially or fully renovating a property, find out the price of not only the materials, but also labour beforehand. This way you will know if you can afford to buy a property that needs adjustments.
Remember other costs that come with purchasing property.
Alongside the property cost itself, you will have to pay fees for the DLD, a broker, a Title Deed, and etc.
Mortgage clauses.
If you purchase a property with a mortgage, ensure you have a mortgage expert at hand to help you understand all the clauses and fees associated with your mortgage. A professional real estate agent can also connect you to the right mortgage expert.
Ensure strong ROI.
If you are buying a ready property for investment purposes, then it is recommended to consider the location of the unit, comparable properties, potential for price growth within the area, amenities nearby and various other factors.
Buying Real Estate in Dubai and The UAE
Fees Involved in Buying a Property in Dubai
You have to take into account the following expenses associated with ready property acquisition:
- The DLD fee is the cost of registering a transaction with the Dubai Land Department (DLD).
- A property registration fee is charged by the DLD and depends on the value of the real estate.
- The Title Deed costs AED 250 (USD 68).
- The security deposit is a minimum of 10% of the property value.
- The real estate agent fee is the payment for services provided by the agent.
NBD! Please note that fees are subject to change and vary on the type of property you acquire. It is recommended to check associated costs in advance on the DLD website.
*The price is valid for 2023
How Can We Help?
Metropolitan Premium Properties has a portfolio of ready properties across the most coveted Dubai areas, including Dubai Marina, JBR, Palm Jumeirah, Emaar Beachfront, Bluewaters, Downtown Dubai, Business Bay, Dubai Creek Harbour, and Jumeirah, among others.
We will help you find the most suitable option based on your needs and budget to help you make the most of your investment. Our agents are well-versed in the legislative system of Dubai, so we will inform you of all risk factors to look out for. If you meet the necessary criteria, we can provide you with full support in applying for a long-term visa after you buy a property.
Benefits of Buying a Ready Property
- You can apply for a 2 or a 10-year visa immediately after buying your property.
- As opposed to off-plan property, ready units provide you with the opportunity to move in at once or rent it out and generate profit immediately.
- You can view the property as it is without having to rely just on renders or pictures.
- Generally, completed properties are nestled in neighbourhoods with well-developed infrastructure, including supermarkets, medical facilities, schools, nurseries, etc.
- Select developers offer advantageous payment plans even after the property is completed, enabling you to plan your budget and pay in instalments.
Units
Address Residences, Al Marjan Island
Listing by
Maxim Novikov
Rosso Bay Residences, Al Marjan Island
Listing by
Maxim Novikov
Nikki Beach Residences, Al Marjan Island
Listing by
Maxim Novikov
Design Quarter Tower B, Dubai Design District
Listing by
Bekzod Anarkulov
Peninsula Four, Business Bay
Listing by
Egor Larin
Alina Adamco
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