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Jun 07 , 2022

What Makes a Good Real Estate Investment

When it comes to investing in Dubai, you will be met with a plethora of opportunities.  Hundreds of projects from different developers appear every single day. Here is a quick guide on what you need to consider when purchasing a property for investment: 

  1. Location, location, location: 
  2. Where your property is physically located will determine a huge portion of its value, especially if it is an off-plan property. According to the latest data from the Dubai Land Department, Business Bay is the most sought out area for investment due to its proximity to the Burj Khalifa district.
  3. Amenities and facilities available in that area - the proximity to public transport, schools, and offices. In addition, it’s also great to look at the amenities like gyms, parks and cafes that are available.
  4. Interest rates: lower interest rates are always advisable. Government initiatives with favorable interest rates have helped stimulate the economy. We have advisors on board to help discuss the options available for foreigners and local residents.
  5. Developer: finding a trusted developer with a history of completed projects. Finished projects are great examples of the quality of finishing one can expect from that particular developer and it can also tell you a lot about their timelines and expected delivery.

A strong return on investment is the goal when buying a property for the purpose of investment. In order to find the best ROI, one must do their due diligence with a lot more factors involved. At Modern Living, we ensure to meticulously evaluate the best offerings for your goal, to find out more reach out to us at  [email protected]

To read about why you should invest in Dubai: https://www.linkedin.com/pulse/why-invest-dubai-modern-living-real-estate-brokers/

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