5 Things Every Agent Should Know About Real Estate in Dubai for Sale


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 for real estate houses is never consistent. It may go up or go down at any time which is why you need to remain updated in this way. When prices of homes are accelerating faster in one area than in others or the average property price is more than in other places, it normally points a finger to where the biggest demand will be. Given enough experience in the business, you will be able to tell if a property is priced fairly or overpriced just by these circumstances.
   
2. Mortgage Pre-approval.
It is always beneficial to get pre-approved mortgages namely the financial benefits it entails. You can enjoy lower interest rates while current rates are rising. Having pre-approved mortgages also means you have a solid financial backing.

3. Infrastructure Development.
If you see undergoing development in an area like new roads and the construction of real estate homes, schools, hospitals, groceries, businesses and so on, it will be a surefire tip-off properties in the area will be profitable in the future.

4. Review School Rankings
One factor to attract buyers is the rank of schools nearby. You should know that parents only want the best education for their children. Having a properties surrounded by the best schools are always on the top of demand.

5. Assess the outskirts.
You should look beyond the area because the outskirts surrounding overpriced locations are potential gold mines in your business. You should feel them out, scout them out and always consider their value not just for today but in the future.

Looking for a Dubai-based real estate company that design and carry out a complete lifecycle approach to management and optimized ROI for property investments and assets? Zawaya Property is the perfect choice for you.


Tags: real estate in Dubai for sale, real estate houses, real estate homes



Comments

Post a Comment

Popular posts from this blog

Dubai Homes for Sale and Rent Prices Continue to Decline, Will You Wait a Little Longer Before You Invest?

Image
2017 brought about a huge drop in property and  Dubai homes for sale  and rent prices with a fall of up to 5  10%. Experts believe this drop will continue to decline until the World Expo 2020 arrives, where a gradual increase in prices is predicted. Real estate experts don’t know how much these prices will rise but they remain hopeful since the industry is not seeing its best in recent years. The Steady Decline in Real Estate Properties The decrease in prices of property in the global city of Dubai is making the real estate industry feel its worst. Experts believe this drop boils down to two major reasons: ·  Oversupply ·  VAT Impact In 2017, developers went on a project spree with several thousands of units expected to be released to the market by 2020. This supply shows an average annual increase of 8% where it greatly swamps the average annual growth of Dubai’s population which is only 3%. This figures show a lesser market absorption rate that will ultimately
Read more

Luxury Underwater Mansions in Dubai – Unique Homes for Unique People

Image
The floating, half-submerged Mansions in Dubai are truly a sight to behold. Officially unveiled in 2015 during the Dubai International Boat Show and completed at the end of 2016. The first group of these one of a kind, iconic and patented dwellings were called the Floating Seahorse villas. It was named after the rare and endangered marine creatures. Each of these exclusive, marine-styled, holiday home villa have three levels. The bottom level where the master bedroom and a bathroom was at were totally submerged. The submerged part provided a breath-taking panoramic views of the Persian Gulf under the sea surrounded by coral reef and aquatic life. The second part at sea level is for the kitchen and dining area with a sun deck. The upper deck level has a magnificent location for alfresco dining and relaxation, an informal bed, mini bar, kitchenette, and a very classy Jacuzzi with a glass bottom. The upper deck can even transform into a winter bedroom. Due to it’s out of this world
Read more

Zawaya Realty LLC: Your Reliable Real Estate Partner in Buying, Selling or Leasing of Real Estate Houses

Image
The ongoing development of Dubai, the largest city amongst the emirates, points to a flourishing business in acquiring, selling or renting of real estate houses . The prospering real estate market will continue to see annual investment growth leading to the upcoming Expo in 2020. Market brokers, investors and real estate companies are all noticing a steady increase in profit every year. It is now a smart move to align or partner yourself with established real estate companies in the succeeding years. One particular, highly reliable real estate company based in Dubai are looking for partners seeking better return on investment. This well-trusted company made a name for itself by achieving 98% property occupancy. Residential or commercial property? This company has it all and does it all. Meet Zawaya Realty LLC also known as Zawaya Property. Know More about Your Future Partner Zawaya’s company strategy is providing unified property management solutions brought by their vast
Read more