Best Real Estate Agent In Dubai

Learn about Dubai’s booming real estate market and find your perfect property with the assistance of the best real estate agent in Dubai. Over the past few decades, Dubai has rapidly transformed into an attractive expat destination, characterized by its impressive skyline of sleek glass and steel towers that have emerged majestically from the desert landscape.

With the guidance of a certified real estate agent, you can navigate the dynamic real estate landscape and unlock the opportunities to invest in luxurious apartments, exquisite villas, and thriving commercial spaces. Embrace the cosmopolitan charm of Dubai and make informed decisions with the expertise of the best real estate agent in the city.

The city is an international playground for the wealthy, with the world’s tallest building – the Burj Khalifa – surrounded by some of the best sports, shopping and entertainment facilities found anywhere.

Experience the luxury of living in Dubai, a city that embraces expatriates worldwide. The process of purchasing a home in Dubai is similar to that in the UK, where buyers can explore various properties and make offers through trusted agents. Discover the possibilities of finding your dream home in this cosmopolitan hub.

Buying off-plan is common, but purchasers should make some checks to ensure the seller has rights to the property and the money to complete the deal. Buyers can deposit any money they need to pay before the project is complete with the government’s Dubai Land Department.

Expats do face restrictions. The United Arab Emirates has a dual legal system. Dubai is covered by emirate and federal laws that bar foreigners from some neighborhoods or from buying some types of property.

Property Market in Dubai

Dubai Properties is one of the world’s most active real estate markets. Buyers and sellers have seen enormous swings in prices over recent years.

Here’s a number of the current market:

Income to price multiplier: 3.58

Mortgages and rents consume around 26 percent of household income

Rental yields for investors are about 11.05 percent in the city centre, dropping to 10.97 percent in the suburbs.

Renting a home

Renting a one-bedroom apartment in the city centre costs £1,547 monthly while renting a similar flat outside the city centre reduces to £900 monthly.

Buying a home

Home buying costs are generally expressed as the cost of a square metre.

The average mortgage interest rate for a 20-year fixed-rate loan is 4.07 percent.

State of the market

Dubai's property market always seems vibrant but currently reflects the state of the world economy. Property prices are stuck in a rut, hardly changing this year and with sales well below expectations.

Famous neighborhoods

As a modern city, Dubai has a lot of newly built homes in newly created neighborhoods.

Among the most popular places to live in Dubai are the Dubai Marina, Jumeirah Beach Residence and Emirates Hills, etc.

Choosing A Property In Dubai

Before agreeing on the purchase and before signing a contract, make some inquiries to ensure the seller is genuine:

Check your agent or developer is licensed as a broker in Dubai with the Dubai Land Department
View other properties completed by the developer to check the finish and workmanship
Understand the price, any additional costs and when they are due to be paid
Confirm that you can buy the property as a foreigner
Check the property price against similar properties to ensure it’s a fair deal
Seek independent legal advice from a lawyer not tied to the seller
Also, speak to your local IFA for the latest financial advice in Dubai