Shoaib Real Estate Broker LLC Dubai
Shoaib Real Estate is a leading real estate organization having a presence in offices in Dubai, Established in 2006 in the name of Shoaib Real Estate has evolved as one of the leading Real Estate Organization dealing in Residential & Commercial Projects with a wide portfolio of business interest in the field of real estate.
Since our establishment our goal has been to provide our customers with our quality services & provider with premium residential & commercial properties that are at par with the best in the world. With our decades of experience & refined expertise, we at Shoaib Real Estate provide our clients with a selection of properties to the best of their satisfaction. With progressive methods & modern systems, we aim to set benchmarks in the industry for providing quality services in a professional and ethical manner to satisfy our customers as well as our associates. It is in their satisfaction that we see & measure our success welcome to Shoaib Real Estate Broker LLC the right place to Buy/Rent a genuine property. We are specialized in residential and commercial property management and offering, Apartments, Villas, Offices & Town-Houses for renting, selling and buying throughout the UAE especially in Dubai Emirates. Shoaib Real Estate having dedicated agents. Our caring attitude about every customer will always be the heart of our business focus. Property management services are detail oriented and the clients are nothing to chance to leave. We care about being the very best.
Making an Investment in Dubai Real Estate
Is it the right time to invest in Dubai? The answer would be in the affirmative. Yes, making a property investment in Dubai would be profitable for those seeking a successful real estate portfolio. The major attractions of Dubai property investment are that there is no income tax or capital gains tax. The sales prices of homes are a tad low this year, probably due to a few cooling measures taken by the government. These government regulations included mortgage caps and increased property registration fees.
This was sometime after the massive success of the Property Expo 2020 bid held during the last quarter of 2013. Expert predicts that this year and the coming year are a good time for Dubai property investors. There is a positive change in the market, especially for small and large apartments when compared to Singapore and Hong Kong.
In spite of all this, property investment in Dubai is significantly cheaper than investing in other major cities of the world. The fact is Dubai invites foreign investors and non-UAE nationals to buy freehold properties to make it very advantageous to people looking for profitable property investment. This opens up Dubai to international standards.
Popular Areas of Dubai for Real Estate Investment
The major neighborhoods in Dubai where you can buy and sell properties all the time. The most active neighborhoods for buying properties are Palm Jumeirah, Downtown Dubai, Jumeirah Lake Towers (JLT), Dubai Marina, Jumeirah Village Triangle (JVT), Jumeirah Village Circle (JVC), Dubai Sports City, Dubai South, Arabian Ranches, Mudon, Business Bay, Barsha Heights and IMPZ. These neighborhoods would be a good choice for investors who are looking to buy, sell or lease.
Ongoing projects like Axis Silver Apartments; Tenora NAIA Apartments by Damac, JVT Apartments are the best properties to invest in. Of course, some of these neighborhoods are considered premium and you can choose to go for affordable apartments in other neighborhoods if you wish so. The premium areas for Dubai investments are Downtown, The Palm, Dubai Marina, The Greens, for Discovery Gardens, Dubai Silicon Oasis, and JVC.
Palm Jumeirah deserves special mention when talking about villa investments. An aerial view of Dubai shows the true beauty of these manmade artificial archipelagos crafted intelligently in the emerald waters of the Arabian Gulf. It is one of the most beautiful places in the world to live in and contains a horde of villas to lease and resell. The luxurious villas on this exclusive location were originally billed as being the 8th wonder of the world.
Why Invest in Dubai Real Estate
If you are working and living in Dubai, then chances are that you’ve been paying rent every year. Calculate this amount and see how much money you are spending on rent. If you can convert this into mortgage, you will no longer have to pay rent, but own a home of your own too. There are plenty of homes in the above mentioned neighborhoods that would be well within your budget and the chances are high you will get mortgage approval too.
Location wise, Dubai is a great resource for property investors. It is strategically connected to Europe on the north, Asia and Oceania on the east and the Americas in the West. As Dubai can be easily reached by air, water and land, people find it easy to commute as well.
In certain parts of Dubai, non-residents or foreigners can only rent, they are not allowed to buy there but still, you can buy properties in other 90% of Dubai. According to the report Britons, Indians and Pakistanis are the highest buyers of Dubai properties. Buying a property in Dubai is hassle-free; the Dubai Land Department will do necessary checks before you can buy and the transaction fees are usually around 7.5-8% of the property value. As a foreigner, banks would give you 50% of the property’s purchase price, while 25% would be put in a deposit amount. Since 92% of the people who live in Dubai are expats, the government is also open and receptive to people’s needs, making it even easier to purchase. Property investment is a straightforward activity here – no hidden deals and fees! The market is also constantly developing in Dubai, and it is always regulated, making it safer for non-residents.
Where to invest in Dubai Real Estate
The most dynamic neighborhoods for buying properties are Palm Jumeirah, Downtown Dubai, Jumeirah Lake Towers (JLT), Dubai Marina, Jumeirah Village Triangle (JVT), Jumeirah Village Circle (JVC), Dubai Sports City, Dubai South, Arabian Ranches, Mudon, Business Bay, Barsha Heights, and IMPZ. These neighborhoods would be a great choice for investors who are looking to buy, sell or lease. Likewise, ongoing projects as: Axis Silver Apartments; Tenora NAIA Apartments by Damac, JVT Apartments are the best properties to invest in. Of course, some of these neighborhoods are considered premium and you can choose to go for affordable apartments in other neighborhoods, if you wish so.
Premium areas in Dubai investments are Downtown, The Palm, Dubai Marina, The Greens, Discovery Gardens, Dubai Silicon Oasis and JVC. Palm Jumeirah deserves exceptional mention, when talking about villa investments. An aerial view of Dubai shows you the real magnificence of these intelligently crafted manmade archipelagos in the emerald waters of the Arabian Gulf. Actually, it is one of the most attractive places in the world to live in, and contains a horde of villas to lease and resell. The luxurious villas on this high-class location were promoted as being the 8th wonder of the world.