Zawaya Property

The recent development and addition of new homes real estate Dubai  housing means the emirate is increasing supply to meet housing needs and demands for the growing population. The increase in housing means opportunities for not just the already established real estate companies but also for newly emerging ones. Here you are, ready to dive into this business venture and ready to start your own company. Being an entrepreneur, you deemed the Dubai brokerage business as highly feasible and very good for investment. You do expect rough roads ahead and expect challenges along the way which your company needs to overcome. If you do think so then you are on the right track for establishing a good real estate company. Below are some obstacles that you will be facing when starting a real estate company in Dubai. Five Common Obstacles for New Real Estate Companies  Unpredictable Costs Costs if not taken seriously can lead to an escalation of overheads in this business. You shoul

2016 was the year that greatly impacted the real estate for sale Dubai market due to an economy affected by low global oil prices and unforeseen local as well as unexpected global events. Even so, Dubai persevered and maintains the status of being one of the world’s most lucrative destinations for real estate investors. The emirate is now recovering and market predictions are already seeing signs of a positive economic surge this year leading up to an important event that will transpire in 2020. You have a lot of good things to look forward to in the coming years as Dubai will slowly shift away from relying too much on oil as the UAE’s prime commodity. The emirate is building up its already attractive tourism, welcoming international businesses, embracing foreign investments, developing of more real estate properties, and so on. Trends That Will Help the Dubai Real Estate Market    The Nearing World Expo 2020 The local real estate homes property market are now feelin

Dubai property like real estate houses are now gaining ground when indications comparing the performance of last year and the current year are showing signs of a coming surge. Back in June this year, there was a transaction growth which saw an increase of over 25% based on the report by the Dubai Land Department. Four positive factors are driving the property sector of Dubai up. A stabilizing UAE economy, the slowdown of market corrections, the boost of foreign investment and the needed increase of residential housing supply. Right now, the signs of growth is steadily rising and by next year the surge will come and bring about the boom. If you want to know how the four positive factors will continue to impact the growth, just read on. The Stability of UAE Economy Real estate homes property especially the apartment rental market is leading the slight growth at the moment. What brought a stable UAE economy is no longer due to dependence on global high oil prices but through

There might be a new way to purchase real estate in Dubai for sale and that is through bitcoin. If you are wondering what it is, bitcoin is a form of digital currency or referred to as cryptocurrency and is an electronic payment system based on mathematical proof. Unlike the dirham, dollar, euro or any other printed, physical currency note, bitcoin is created and used electronically. It means you can buy staff or make online purchases electronically as long as bitcoin is a supported form of payment. It is unconventional in the sense that it has no physical form and is decentralized since no single institution have sole control of the bitcoin network. It is like diamond, gold, silver or any other precious gemstones and metals due to the digital mining involved. There are upcoming plans to implement bitcoin as another way to purchase real estates in Dubai. Bitcoin in a Nutshell The projected date to implement bitcoin for buying real estate homes will be late 2019 but you

Dubai homes for sale prices is expected to resume growth sometime in 2018 after the ongoing market correction finally sets itself at a more stable phase. The second quarter value of Dubai residential properties saw a 1.5% drop from the first quarter of this year. Prices of villas dropped 2.2% and apartments at 1% with the real estate rental industry expected to finish the year at 10% lower compared to 2016. The number of vacancies are indeed rising across the city as real estate property rental owners are now experiencing the effects of the continuing downturn. Some are still reluctant on lowering the prices of rents and awaiting a rebound this year. Unfortunately, market predictions are showing signs that the expected upturn will not happen this year. The 15% to 20% overvalue of Dubai’s residential market industry is in need of market corrections to the point that adjustments made will lead to stability. Further predictions are pointing at 2018 when growth will resume and slowly

Luxury real estate in Dubai prices continue to be competitive and had already trumped Hong Kong, UK and Singapore as a global property hotspot this year. Edging out Singapore and London in the worldwide real estate industry and market made Dubai as the second top prime property destination in the world. Maintaining its second place leaves it only behind the United States (Los Angeles, Miami, New York and San Francisco). How did Dubai able to beat out the rest of the competition and continue to secure its position as the second hottest market for global residential property investors? It all boils down to attractive and better property value compared to other locations. Dubai’s reputation as an international center of global business and leisure hub are two key reasons why property investors are attracted by its long-term prospect. Global Residential Property Comparison Philip Caraiscos, CEO of Zawaya Property, pointed out the prime market to which prices of Dubai luxury h

Every real estate in Dubai for sale may differ in a lot of things from pricing, locations, mortgages, and the property itself. The variety of factors should always be considered since these are the things every agent are looking for when assessing the property value and its level of interest for buyers, renters and sellers. If you are wondering how some agents and brokers are consistently making money is fundamentally due to their in-depth knowledge of the real estate market. They are always up to date in many things like the locations, history and planned future developments. They evaluate everything including transportation, neighborhood and even nearby school rankings to assess the value of a specific property. Below are 5 real estate factors that property pros are using to remain consistent in their career and staying ahead of the competition.  The 5 Factors Real Estate Pros Are Using In Gauging Property Value 1. Learn local pricing and staying up to date. Prices fo