What is included in the purchase of real estate in the UAE and what determines its value?

The housing market in the UAE offers a lot of interesting options for every taste and budget - luxury villas, luxury apartments and apartments. It is not so difficult for a foreigner to become the owner of real estate, it is much more difficult to choose the right option for purchase.

The buying process consists of the standard steps that accompany most overseas real estate transactions: find a suitable property - sign a sale and purchase agreement - make a deposit for the home - conclude a home maintenance contract - register the property in the name of the new owner and pay the necessary fees.

What is included in the purchase of real estate in the UAE?

• Today we will analyze what the owner of real estate in the UAE actually gets. 
• In most cases, projects offer comfortable living conditions - a barrier-free environment, a fenced area, spacious windows, high ceilings (from 3 meters) and a centralized cooling system;
• All apartments are offered fully finished, including kitchen, built-in wardrobes and bathrooms. Sometimes the price also includes kitchen appliances and furniture, up to curtains;
• In addition, the purchase always includes at least one parking space, and the maximum number depends on the area of the object;
• Even affordable residential complexes have a swimming pool, gym and barbecue area. In the middle and high price segment, there is always a developed internal infrastructure, which may include a sauna, a cinema, a water park and concierge services.

When buying real estate from 205 thousand dollars, you can also get a UAE residence permit for 2 years, and with a property value of 545 thousand dollars, a "Golden Visa" is available for 10 years.

What affects the value of real estate in the UAE

• Location of the project - a factor that significantly affects the final cost of the object. Real estate located nearby with convenient transport interchange and other benefits of a big city within walking distance is valued many times more expensive than similar housing options in residential areas.
• Level of demand - the more attractive the project, the higher the demand and, accordingly, the price.
• Limited supply - Club format projects that offer a limited number of apartments often increase their value compared to complexes with a large number of apartments in the same location.
• View of the peroperty - the first thing potential buyers evaluate. This factor is highly valued in the UAE real estate market and is priced accordingly. Mostly quite valued the views of the city itself, historical sights, sea horizons, views of highways, skylines and green areas.
• Infrastructure - an indicator no less important when choosing real estate. Projects located in a comfortable environment and close to key infrastructure facilities are valued much higher. If your chosen housing is located in a well-maintained area with parks, schools, shops, entertainment centers, beauty salons, medical facilities and other benefits of civilization within walking distance, then get ready to pay more.
• The presence of a swimming pool, a fitness center with modern fitness equipment, a spa, recreation areas for adults and children in the selected residential complex also implies a higher price. Usually, the amount for maintenance and the possibility of operating recreation facilities in a residential complex is immediately included in the price of the apartment.
• The security and exclusivity of real estate are also factors that people are willing to pay for.
• Proximity to the sea and sea view - significantly affects the cost of housing.
• Layout and general condition of the object - the fundamental factors affecting the value of the object. The convenience of planning, the materials used for decoration, the novelty of the repair and quality, the year of construction, interior design, etc. are evaluated.

It is important to note that each of these factors does not always have an unambiguous impact, however, our specialists are well acquainted with the UAE market and evaluate all these aspects together.

Our experts will advise you on any issue related to business, real estate and relocation in the UAE, provide support at any stage as well as offer a suitable object for investment and life in the UAE.