Do you want to buy a new house in Dubai? If so, you should think about purchasing a three-bedroom apartment. These apartments provide better value for money. The real estate market has been on rising in recent years. The demand for housing units has skyrocketed. As a result, the prices of these residential properties have risen. One can contact authentic Property Management Company in Dubai to invest profitably in real estate.
The 3 BHK apartment provides excellent value for money and is ideal for families looking to live together.
Here is a list of various things to consider when purchasing a three-bedroom apartment in Dubai:
- Everything revolves around location: The location of your home is critical in determining its value. The location will determine the price or rent of the property to be paid at once or yearly respectively. Your property’s location will also have an impact on its resale value.
- Size does matter: If you want to buy a three-bedroom apartment in Dubai, ensure it is large enough to accommodate all family members. Housing societies are catching up with demand. The sizes of homes in 3-bedroom apartments are also growing. You can plan as per your budget.
- The property costs: The price of a property is the first thing to consider when purchasing 3 Bedroom apartments in Dubai. You must choose a property that fits within your budget. When a budget is set, it is easier to narrow down the properties that fit within that budget. You must ensure that you get the best possible deal. This is not to say that you should skimp on quality or location.
- Connectivity and accessibility: If you want to buy a three-bedroom apartment in Dubai, you should first look at the location. You must ensure that your chosen location is easily accessible by public transportation. It will be easier to commute to work or school if major roads are nearby. Plan your work commute. If you travel by car, you should find out the accessibility of the roads. To determine how long it takes to arrive at the station and whether transportation is easily accessible from and to the station, one can travel by train to check.
- Date of Property Possession: Plan when you will move into your apartment. Furnished homes are more expensive than under-construction homes in Dubai. A real estate agent can provide you with information on all available properties for sale and dates of possession. They can also keep you updated regarding ongoing projects and ideas.
- Land Registry: You should be concerned about the land on which your apartment is built. It is also essential that the plot be registered and free of all liens. While purchasing a property, verifying and examining the title deed is advisable.
- Hidden Fees and Surcharges: It is suggested to go through the documents and understand the penalty clauses. If you do not take possession of your home within the grace period, the builder is required to pay you a monthly penalty. Keep in mind any additional fees, such as registration fees, stamp duty, loan processing fees, and GST.
You can contact Imperial Homes for more information on investing in Real Estate in Dubai on an Investor Visa.
