Investing on Dubai Real Estate (Part 1)
Posted in Dubai by: SherillApril 16th, 2008
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If you want to purchase real estate in Dubai for investment purposes, you will find that the properties nearing completion have the greatest potential to bring you rewards. If you sell the property, you can expect a premium on the capital value. If you decided to rent it out, you can get revenues from the monthly rentals.
However, to maintain a good investment deal, you must account for the cost that you have to incur either one-time or in a recurring basis. Like for example, if you entered a property transaction through a consultant, you have to pay for brokerage charges ranging from 2-6%.