REALITY THOUGHTS
The Time is Now to Buy Your Villa in Dubai
The Time is Now to Buy Your Villa in Dubai
May 6, 2021
To buy or not to buy is no longer a question because if you wait any longer you will be forced not to buy; your investment in a villa will no longer be economically attractive. Whether you plan to live or lease it out, the time to buy is now. As an experienced professional in real-estate especially villas, let me convince you with a few reasons that make a compelling case to buy without further delay.
1. People need a spacious place to live, work and study
The pandemic has altered our lifestyle. Homes have become office spaces and school classrooms. Families are compelled to upgrade their homes to more spacious villas for better comfort and amenities. Villas in gated communities with green environment, and recreational spaces within a security perimeter offer safety in case of a future lockdown.
2. Rents are a sure source of income
Rent income continued to accrue despite the pandemic and this made property investment a pandemic-proof income source. While traditional business or salaries reduced, those with property got additional income from their rent collections. Buying a property for side income is an attractive investment.
3. Appreciation of 8-10% in prices per annum
Property prices are rising fast making it once again an attractive investment for short term gains or long-term appreciation. With greater liquidity in the market housing finance is more accessible and at favorable rates. Developers are offering financing and installment options to capitalize on the growing interest, and this could be a good time to buy before the market overheats.
4. Limited availability and faster buying rates
We are seeing a buying frenzy not just from overseas investors or future residents but also from current expatriates living in apartments. Buyers are chasing fewer properties at a much faster rate creating scarcity of good villas. Your ideal villa may be no longer in the market or you may have to wait for the right one to be available. With prices rising, make your decision sooner than later.
5. Dubai a long-term investment destination
And finally, a good reason to buy your villa now is to announce your intention to settle down in Dubai permanently. UAE Government’s recent roll-out of landmark visa rules – Golden Visas for investors and professionals, provision of 5-year renewable Retirement Visas is making the future in Dubai promising. The new law of 100% foreign business ownership is going to have a greater impact on the economy making Dubai a permanent residence for expatriates.
Convinced? I can guide you through the entire process of realizing your dream to own a villa in Dubai. From identifying the right property, through finance, registration and even finding a good interior designer. Or if you are looking at investing, I can help you with the real estate management to ensure your income keeps flowing uninterrupted.
Reach out to me on chirag@ushre.com / +971503544582
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