Essential tips for finding your dream property in Dubai
Given the plethora of available options, finding the right property in Dubai can be a bit of a challenge. There are many factors involved which can sway your decision. Given it is a high involvement decision with at least medium term commitment, it is important for you to look at the things that matter most. So, to aid you in your decision-making process, here are a few tips for property search in Dubai.
TOP TIPS FOR PROPERTY SEARCH IN DUBAI
Wondering how to search for a property in Dubai? Here are some Dubai real estate searching tips that can help you land the property you desire.
MARKET RESEARCH VIA BAYUT
Bayut, the market leader for property searches in the UAE, is the right place to start your work. With its blogs, area, building and schools guides you can get all the answers you need from rules and regulations to specific queries about schools or supermarkets in particular areas.
If you wish to dig into the historical data, Bayut’s Dubai Transactions has all the answers. Bayut’s Dubai Sales Transactions page offers a detailed index of real estate sales transaction data from the Dubai Land Department, including property sales history, annual sales volume and area-specific transactional values.
On the other hand, Bayut’s Dubai Rental Transactions page presents an index of real estate rental transaction data from the Dubai Land Department, including property rent history, annual rental volume and values of area-specific rental transactions.
There is TruCheck™ by Bayut, which ensures that the listed property is valid and available. Plus, functions like BAYUTGPT, Map View, Search 2.0 and more offer different ways to consider your options. Using Bayut functions is one of the smarter ways to search for property in Dubai.
SELECT A TYPE OF PROPERTY AND BUDGET
One of the more understated Dubai real estate searching tips is to set out a budget upfront. Dubai’s real estate market offers a wide range of properties in terms of cost. Similarly, from cosy studio flats to huge mansions, there is a gamut of property types available to choose from.
So, identify what type of property you are interested in, considering family size and lifestyle preferences. Check different floor plans available for the type of property you’re leaning towards. Based on these factors and your financial situation, set aside a relatively strict budget. Whether you wish to rent or buy a property in Dubai, this basic calculation should be done at an early stage.
AREA RESEARCH
As discussed, there are multiple online resources and area guides that can help you learn about the different neighbourhoods in Dubai. However, once you have a general idea, it is always recommended to visit the top three areas you are considering. Being there in person can help you understand the general feel of the areas and you can experience what it would be like living there. If possible, ask around people who reside in the area, including your potential neighbours.
You can also ask around amongst your family and friends who have experience of working or living in the locality.
AMENITIES AND FACILITIES
In Dubai, there is no shortage of buildings or homes that offer outstanding facilities. From the point of view of security to sporting facilities, you can find it all. However, naturally you would have to pay extra to buy or rent a property with extra facilities. So, make a list of mandatory facilities and then a secondary list of additional amenities that you may compromise on.
HIRE A REAL ESTATE AGENT
Hiring a real estate agent from any of the top real estate agencies in Dubai is half the battle. This is one of the most important tip for property search in Dubai. Having a qualified and diligent agent on your side, can ensure you not only find the right property but also adhere to all the legal requirements. Their extensive knowledge of the market could be crucial in finding the right deal for you.
VISIT THE PROPERTY
One of the most important tips for property search in Dubai is ensuring you visit the space before signing or agreeing on anything. Even if you are short on time, it is essential to go through this exercise. You can check to see if the appliances installed are all working, the quality of finishing and get a better understanding of what it would be like living there.
BASIC UNDERSTANDING OF LAWS AND REGULATIONS
The government of Dubai is stringent in the enforcement of real estate laws and regulations. While you do not need to become an expert, having a basic understanding can certainly help in your search for a Dubai property. You can read our guide on how to buy a property in Dubai to learn the basics.
DOCUMENTATION
Once you have followed the ways to search for property in Dubai and found the right deal, there are still some things to do. For instance, the documentation for renting or buying a property have to be taken care of. Usually, the real estate agent and mortgage manager can help you. However, you still need to ensure that all things get done. Another need is to apply for DEWA connection.
FAQS ABOUT TOPS TIPS FOR PROPERTY SEARCH IN DUBAI
WHAT ARE THE THINGS TO CONSIDER WHEN RENTING A PROPERTY IN DUBAI?
You should run through our checklist of things to consider when renting in Dubai to avoid any mistakes.
WHAT DO I NEED TO CONSIDER WHEN BUYING A PROPERTY IN DUBAI?
Here is our comprehensive list of FAQs about buying a property in Dubai that can answer all your questions.
This concludes our list of tips for property search in Dubai. If you are moving to Dubai, following these ideas can help you land the perfect place for you and your family. There are plenty of types of properties that differ in terms of cost, design, location and amenities offered. You have to decide what things are most important to you and work in that order.
