There is no shortage of property in Dubai you can choose from. Trust us when we say everybody has a preference and a list of things they want in their home and most of them are able to find what exactly they’re looking for in Dubai!
However, if you’re a first-time homebuyer, it can be daunting especially when you don’t know where to start or what factors to consider when buying property in Dubai.
Fortunately, our guide will help you become more aware and prevent you from “settling” on a property in Dubai.
The First Step
Even before searching for properties for sale in Dubai or thinking about the list of your wants and needs in a home, you have to establish your budget.
A big mistake home buyers make is falling in love with a house only to find out that they can’t afford it in the end.
Establishing your budget will help make your search more targeted, cut searching time, and make sure that when you fall in love with a house, you will be able to make it into your home.
You also have to understand what is not as important when buying property for sale in Dubai.
Features that can be changed over time should not prevent you from buying that property. If you don’t like the color of the walls or the kitchen countertops, you can easily hire a professional to change it or you can DIY it.
However, if it’s the layout or structure and functionality that you don’t like and there’s nothing that can be done to fix it, then that’s a definite deal-breaker. There are plenty of other properties in Dubai you can choose from that will be a perfect fit for you!
So what exactly do you need to consider before buying a property in Dubai?
Location
If there is one thing you cannot change about your property, that’s location. You want to find a house in Dubai that is close to everything you or your family might need.
If you have kids, it is crucial to find a home with a nearby school, clinic, and outdoor play areas like MBR, Al Barari, or Dubai Hills. If you’re a single professional, find a home close to work or with easy access to public transportation like Business Bay, Dubai Marina, and JLT.
“You want to find a home in an area you’re going to enjoy, taking into consideration things like your commute to work and school, nearby shopping and entertainment, and anything else that’s important to you for where you want to live.”
Price
Since your budget has been established before your search, choosing a property within your price range won’t be difficult! Make sure to have an experienced real estate agent with you in order to assess if the price is reasonable or you might be overpaying.
Our property consultants at Key One Realty Group will be able to accurately help you determine the value of the property you’re interested in. Make sure to have one of our agents with you whenever you go for a site visit!
Size and Style
Carefully consider short and long-term size needs and the practicality of the floor plan before choosing a property for sale in Dubai. Your household may grow and needs may change over the years so make sure you are content with the layout and square footage of your new home.
Make sure the property has room for expansion since upgrading will be more cost-effective than buying a newer and bigger home just to fit the added members of your family.
Assess the plot size and chance for renovation in case you would want to upgrade your backyard and garden in the future, too! Having your own private pool or a gazebo is perfect for Dubai weather all year round.
Amenities
The trick is to focus on amenities that may be more expensive and harder for you to add on your own after purchasing the property. Amenities that can be easily changed or replaced should not be the main factor for consideration.
Consider both indoor and outdoor amenities from the quality of furniture (if it is fully furnished), lighting fixtures, type of flooring, a garden, or a private pool.
Nearby sports centers like a gym, a tennis court, a basketball and volleyball court, and even a squash court may also be important to you.
Consider also the nearby schools, hospitals, shopping, and entertainment options within your community before deciding to purchase property in Dubai.
Cost of living
Your cost of living may differ from district to district. Although Dubai has a standard price for everything, prices may differ in private areas, gated communities, and hot districts. Take time to consider your monthly expenses if you’re considering properties for sale in Dubai in multiple locations.
Thankfully, there is no property or sales tax you need to factor in in Dubai!
Buying a property in Dubai does not have to be time-consuming or tasking. A great realtor is the key here! At Key One Realty Group, we can help you prioritize your needs and find you a property that is best suitable for you.
Leave all the hard tasks for us and enjoy choosing your next property in Dubai!