Property price trends and actual rate of return on investment (ROI) are always of great interest for investors in Dubai. Besides, trends in property sale prices are useful for those who plan to make Dubai their home as well. So, at BSO, we reviewed the market to share in this post such important details as apartment price trends in Dubai and its popular communities, apartment types, and rental yield. To clarify, selecting an apartment as a searching basis was dictated by its high demand in the market both for buy-to-own and buy-to-rent purposes.
The positive answer on the question is the right one. If you still hesitate whether to invest into the real estate in Dubai or not, let us reveal a few moments of great importance.
When investing, two things are worth to be considered:
- Benefits promised,
- Risks involved.
First of all, let’s clarify residential property is real estate built and used for dwelling purposes In Dubai, such real estate includes flats in various communities and villas. Further, let’s get to the essence of property management that refers to a service of real estate operation, control, and oversight designed to assist landlords in their rental business. Thus, residential property management is a service that includes operation, control, and oversight of rental housing.
It is said hope for the best prepare for the worst. So, when you rent out your flat, villa, or other property, no one can guarantee your property is in safe. In other words, chances are your tenant could damage your property or even destroy it. Of course, you can minimize this risk when you select your tenants by properly screening them, but still, you will have it.
Stepping into tenancy relationships, you should be familiar with both parties’ responsibilities regarding the safety of the other party’s property and goods. Thus, you can avoid or prevent most of future troubles. At BSO, we always recommend landlords who act on his own to study carefully all possible pitfalls.