Dubai property dealers? Dubai tourist attraction is one of the reason for the real estate boom in Dubai. Sheikh Saeed Al Maktoum was the Ruler of Dubai from 1921 to 1958 and grandfather to the current ruler. His former residence has been rebuilt and restored as a museum that is a fine example of Arabian architecture. The original house was built in 1896 by Sheikh Saeed’s father, so he could observe shipping activity from the balconies. It was demolished, but the current house was rebuilt next to the original site, staying true to the original model by incorporating carved teak doors, wooden lattice screens across the windows, and gypsum ventilation screens with floral and geometric designs. Thirty rooms are built around a central courtyard with wind-tower details on top. Inside are the exhibits of the Dubai Museum of Historical Photographs and Documents, with many wonderful old photographs of Dubai from the period between 1948 and 1953. The marine wing of the museum has photos of fishing, pearling, and boat building. Throughout the building there are many letters, maps, coins, and stamps on display showing the development of the Emirate.
Assuming you need a 20 percent down payment. The long-held belief that you must put 20 percent down payment is a myth. While a 20 percent down payment does help you avoid paying private mortgage insurance, many buyers today don’t want (or can’t) put down that much money. In fact, the median down payment on a home is 13 percent, according to the National Association of Realtors. How this affects you: Delaying your home purchase to save up 20 percent could take years, and you could limit cash flow that could be put to better use maximizing your retirement savings, adding to your emergency fund or paying down high-interest debt. What to do instead: Consider other mortgage options. You can put as little as 3 percent down for a conventional mortgage (note: you’ll pay mortgage insurance). Some government-insured loans require 3.5 percent down or zero down, in some cases. Plus, check with your local or state housing programs to see if you qualify for housing assistance programs designed for first-time buyers.
Inspections: Walk through with the tenant, Full inventory of all assets in the property, Working with agents to enhance property’s appearance, Obtain bids for quotes and notify the owners prior to any major expenses regarding their property. Make the Property Show ready. Conduct an interior survey of the property with photos annually. Read extra information at https://www.bpcareservices.ae/about/.
Dubai real estate trick of the day : Create A List Of Amenities – When shopping for a home, list the Top 10 features (fireplace, fenced-in yard, new appliances, etc.) that are most important to you. Establishing this criteria early will save time shopping for inappropriate homes and keep you from buying a home on a whim. Your top reason for buying a home should be the value you are getting. That being said, some of your top 10 amenities could be sacrificed if an incredible value becomes available.
One of the largest reasons some buyers walk away from a home purchase feeling remorseful is because they don’t consider everything about purchasing real estate before they jump into it. There are common buyer mistakes we address with all of our buyers upfront so they have a highly successful transaction. One thing that many folks don’t want to do is put in the upfront work, studying, and preparation that goes into buying a house. You need to prioritize your needs, and your wants – and if you have a partner you need to communicate together on everything. Maybe one person is ready to buy, and the other isn’t ready just yet.
Boutique Property Care Services is one of the leading property management companies in Dubai. In a short span of time, BPCS has carved a niche for itself as a reliable and trustworthy property management company. BPCS is the brainchild of Karen Lewis who has a long 10-year experience in the field of real estate in the USA and UAE. She has a passion for helping people in finding a dream home to live with their families and the passion for taking care of the properties of her clients as if they are her own. We take great pride in achieving exceptional outcomes. Find more information on apartment for rent in Dubai monthly.