Apartments, villas, and duplexes in Dubai continue to attract foreigners from all over the world. Before moving to permanent residence, expatriates must make an important but difficult choice between buying and renting a property in Dubai. Both options have pros and cons and often make a final decision difficult. Let’s analyze who should rent flats in Dubai and who should buy them.
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Terms of stay in Dubai and lifestyle
First of all, a potential buyer should review his plans for the next five years. Is he going to spend this time in Dubai? If he wants to stay here for only a few months or is not yet sure of his plans, a rental property will suit him.
Renting makes future decisions more flexible. It is perfect for people moving from place to place for a career, business, or other lifestyle reasons.
Buying a property for sale in Dubai is suitable for those who:
- plans to stay in Dubai for a long time;
- strives for stability and comfort;
- wants to profit from renting out apartments for sale in Dubai or capital gains.
Advantages of buying off-plan properties for sale in Dubai
Dubai real estate attracts various buyers: from expats wishing to settle in this vibrant global center to Emiratis planning to build their dream home here. A resident visa is not required to purchase residential properties in off-plan projects in Dubai, so they are in demand both among citizens of the Persian Gulf countries and among foreigners.
Whether a potential buyer is looking for a primary residence, a holiday home, or a profitable investment asset, he will find what he needs in Dubai. This city offers comfort, stability, and high profits.
Another advantage of buying villas for sale in Dubai is that the owner can change their appearance according to their needs and tastes. The leased property limits the tenants’ ability to change the interior and repair.
Any investment that the owner invests in real estate maintenance improves the quality of his life and increases the property value in the future. If the tenant spends money on upgrading the property, he will benefit only the landlord.
A reliable real estate agency in Dubai with qualified specialists will point the right direction to a potential buyer. AX Capital is a leader in the UAE real estate market. The company employs professionals guided by the wishes and capabilities of their clients. Cooperation with AX Capital is a choice for:
- assistance in buying, selling, or renting real estate from the best experts in the Arab market;
- accompany throughout the transaction;
- assistance in financial and legal matters;
- high-quality after-sales service.