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Ask the Agent: The value of a property is mainly tied to its location

Posted by admin on July 5, 2016
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What type, price and location should those looking to invest in Dubai be on the hunt for?

There is a real estate investment for everyone in Dubai. The off-plan market offers incredible payment plans with post-handover options, giving interest-free terms beyond handover to pay off the balance. Many first-time buyers now enter the property ladder because they can book a unit with as little as 5 per cent down payment and 1 per cent per month installments post-handover. In the ready property market, many investors choose studio and one-bedroom apartments offering healthy yields of between 6 and 10 per cent net. These are easier to rent out than larger units, giving investors a shorter vacant period if tenants decide to vacate.

Some investors like to stick to established areas. In Dubai Marina, they will get 7 percent net returns on one-bedroom properties, and up to 10 per cent returns in IMPZ and Discovery Gardens.

Read More on Gulf News: http://www.gnproperty.com/a/investment-guide/ask-agent-value-property-mainly-tied-its-location/

 

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