Logo
  • Order call
  • Call management

Property type
No. of bedrooms
Area
Show offers

Branching out with buyer demand

07.12.2014
As the market matures, developers are starting to pay attention to the demand of end users - tenants in Dubai. Dubai's growth has been fuelled largely by its focus on luxury developments. The city's entire image is based on the opulence found in some areas of Dubai. However, as the market matures, developers are starting to pay attention to the demand of end users - tenants in Dubai.
Firstly, the market has clearly slowed down, both in terms of price and transactional activity. Developers are taking notice and now offering greater incentives and longer payment plans to entice new buyers to commit to their projects. Until now, what has largely been ignored is the "pattern of buyer behaviour in secondary markets," says Sameer Lakhani, managing director, Global Capital Partners.
"When a granular analysis is done, what emerges is community concentration, with JLT and Dubai Marina emerging as the top spots for mortgages among apartment buyers. Sports City and Jumeirah Village Circle recorded the highest percentage increase in this segment on a year-on-year basis, while Emirates Living and Arabian Ranches were the preferred destination for villa buyers." According to him, this indicates a slowdown in transactional activity among cash and speculative buyers.
In addition to this, developers are recognising that Dubai is growing rapidly and needs to meet increasing demand on the property front. However, when it comes to new projects, experts agree that the market is shifting towards a more "organic and demand-driven one," catering to all segments of the population, including those demanding more affordable options.
While Dubai is gearing up to launch a series of mega-projects ahead of the Expo 2020, there is clearly a focus, on the part of developers, to introduce more affordable options as well. It will be interesting to see how the mix of the two balance each other out and help bring about a more stable market.
Latest Availability
1,135,000
Ref.No: imex-5095297
Квартира-студия
0 фт2
0 AED/фт2
ПРОДАЖА
2,180,000
Ref.No: imex-4434300
Квартира (2 сп)
923 фт2
2,361 AED/фт2
Этаж: 3
ПРОДАЖА
1,400,000
Ref.No: imex-4434389
Квартира (1 сп)
607 фт2
2,306 AED/фт2
Этаж: 2
Latest Blog Articles
Send us an enquiry or request a call back
Your name *
Phone
E-mail *
Your message *
*- indicates required
Request a call back
SOGA1  SOGA2
Call management
SOGA1  SOGA2
Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management