Buying a Property in Dubai? Here’s a Helpful Checklist for you!

So, you’ve decided it’s time for you to purchase a property in Dubai? But, how can you make a successful and business orientated decision without letting your heart rule? Follow this short and useful checklist to make sure everything is in order for you to buy your new home in the emirate.

Once you have your finances in order and have found a suitable and reliable mortgage provider, you need to start thinking about what it is you want to buy. There are many different types of accommodation on offer in the Dubai property market, and unless you know what you are looking for, you will be using up a lot of your free time searching around.

1). Neighbourhood: What neighbourhood are you looking to live in? Research everything about the area before you set your heart on it, such as local supermarkets, schools, banks etc. Remember that they say it is better to have the worst house on a good street, rather than the best house on a bad street. This is the same in Dubai and is something you should strongly consider when buying. This will also influence how easily you can sell your property on, as a good community and development really helps to sell a property.

2). Next, sort out your needs from your desires. You may need a four-bedroom property to accommodate your family, but a large playroom or guest room may be something you just want. You may need a large garage but want one with extra storage. Differentiate between your wants and your needs and you will see your dream-home checklist in a different light, knowing that it will be highly unlikely that you will get everything you want and need for your budget. Sometimes, compromises will need to be made so be mentally prepared for this.

3). After you have seen a property, go through it with your spouse or family members and make a list of all the things you liked and did not like. This will help you to remember concisely which property is which; something that will come in handy if you are looking at a multitude of properties in Dubai!

4). When you find a property you want to purchase and have decided 100% that it is the best fit for you, make sure the finances are handled properly and you are not overpaying for the house or apartment.

Although this checklist is just a starting point, it will help you to bear certain factors in mind when purchasing your dream home in Dubai. Work hand in hand with your realtor to make sure you are both on the same page and know exactly what to look for, and before you know it you will be handed over the keys to your new home in the desert!