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Businessmen from around the world know about how promising investments in UAE real estate may seem right now. However, it is necessary not to be dazzled by sparkling prospects as a good deal will always require the buyer to take a deep dive into the material. Dubai is very heterogeneous: each of its neighborhoods has not only distinctive geographical and ethnic features, but also different investment potential. In this article we will come closer to Dubai Hills and how to choose the real estate for investment in the area. Besides, we will pay attention to prices apartments in Dubai Hills and other types of property available for sale.
- The overview of Dubai Hills
- Tips on choosing real estate for investment in Dubai Hills
- The outcomes
The overview of Dubai Hills
Dubai Hills is an upscale project realized by two huge developing companies Emaar Properties and Meraas Holding. The cooperation of such gigantic professionals in the sphere of real estate had no chances to fail. The public companies introduced the idea of a new neighborhood as a place for convenient residence of expats. That is why the area provides villas, townhouses and apartments for family holidays and comfortable stay on a permanent basis.
The neighborhood stretches on 11 million square meters and consists of more than 4,000 villas and 22,000 apartments. It offers more than 250,000 meters of retail and commercial properties, including hotels, malls, offices, and others.
There are three main parts of Dubai Hills:
- North is build up by retails and still under construction
- Around the golf course spreads Fairways and Parkways neighborhoods with low building density
- The third zone consists of townhouses and villas
Although the area is impressive in sizes, residences and infrastructure are conveniently located. The multiple walking, biking and jogging paths will give the opportunity not to sit still and get from home to stores, restaurants or gyms not only by car.
Tips on choosing real estate for investment in Dubai Hills
Dubai Hills attracts foreign investors by a variety of premium apartments, villas, and townhouses with high investment return. Besides, the government of the UAE issued the legislation according to which the legal security of the transaction is guaranteed by the obligatory participation of a professional real estate market participant – a licensed broker. This rule provides security of funds to the buyer and to the developer.
Do not think that investing in real estate in Dubai is a complicated process. The whole process of a deal is regulated by the government. To get the necessary housing option, look through several tips.
Hire a real estate broker
A qualified broker with a portfolio of successful transactions is a reliable help in choosing a house in Dubai Hills. They know each tiny detail of the area, its characteristics and benefits. Therefore, they are able to give advice on the type and location of property to invest money in.
Decide the goal and the price of a purchase
The real estate market in Dubai Hills impresses with the number of different types of property. Decide whether you want to invest in residential, commercial, or retail real estate. What aim do you follow and what result do you want to achieve? Think carefully about the budget. Make sure you have some funds on possible extra charges in the process of transaction.
Choose the type of property
When considering an investment in residential real estate, it is recommended to pay attention to apartments with 1-2 bedrooms, which bring one of the highest rates of return. For personal residence alone or with families, villas or townhouses in Dubai Hills are ideal. As for commercial real estate, hotel apartments/buildings, office space, co-working or warehouse space are particularly popular right now.
Decide whether you want to invest in off-plan real estate or already finished construction
In Dubai Hills it is possible to purchase real estate off-plan and already finished options. The choice depends on the personal needs of a buyer. If you do not have time and desire to wait, consider the completed apartments or villas. If you are interested in a long-term investment, investigate the world of off-plan properties.
Explore everything about the projects you are going to buy and do not be afraid to ask questions
Consult a broker, explore the informational sources yourself, and look for facts about the developing companies and the project in general. Make sure that there is nothing that makes you doubt. To get accurate and up-to-date information about the future transaction, ask questions to your broker.
Dubai Hills is a neighborhood of profitable investment opportunities. Due to the comprehensive selection of properties to any taste, the area becomes in high demand among foreigners. Contact the trusted real estate agency Ax Capital to obtain updated information from the sphere of real estate and get professional help.
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The content of this website is for informational purposes only and does not represent investment advice, or an offer or solicitation to buy or sell any security, investment, or product. Investors are encouraged to do their own due diligence, and, if necessary, consult professional advising before making any investment decisions. Investing involves a high degree of risk, and financial losses may occur.