Dubai Property Sales - Affordable Housing
In an earlier post we have discussed the topic of affordable accommodation requirements in Dubai. With properties prices recovering well from the global economic down turn from 2009 various locations in Dubai have returned to their former glory days and exceeded in value.
We are delighted to see more recent Developments being launched that can now welcome a new generation of investors back to the market. With attractive payment plans and competitive prices these new projects will provide opportunity for first time purchasers to start their property portfolio or for seasoned investors to expand.
One of the advantages of buying off plan is to purchase at a lower price than its� comparable completed property. The selection process provides larger choice as a bulk supply of units is released into the market and therefore giving investors more varied options. The payment plan over the period of construction is very attractive as the 100% down payment to purchase is only required on completed properties. The capital growth over the term of construction can provide great returns on your investment. As the first Buyer you will recover 100% of the premium on the property at time of selling. To those end users and buy to let investors a 12 month warranty on the property for any defects is provided at time of project completion. This presents opportunity to professionally snag the property and identify any items for improvement or rectification. You will have the history of the property maintenance from completion as an off plan purchaser and first time owner.
One of the latest projects that the Exclusive Links team feel is worth considering is Alandalus at Jumeirah Golf Estates.
Introduced in May 2015 this is a 75 townhouse and 550 apartment project located in a strategic & prime position in Dubai. With prices starting from less than AED 800 per sqft for this location and community it offers exceptional value. Jumeirah Golf Estates in known for its luxury villa projects and its championship golf course which welcome the annual DP Word Tour Championship.
Jumeirah Golf Estates is located off Sheikh Mohammad Bin Zayed Road and is within 15 minute drive from many major landmarks. The expansion plans of the metro rail to this vicinity has been announced and a �City Centre� shopping mall, currently under development, is right on the door step.
For more information about this project or other investment opportunities contact enquiry@exclusive-links.com or office + 971 43994937
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Please feel free to share your thoughts and opinions in the comments below and share with your friends via our social media pages. You may also be interested in reading some of our previous blog posts
Dubai Property Sales - Power Of Attorney
Buying and Selling Property in Dubai - How To Select The Right Real Estate Agent
Dubai Property Expert Zarah Evans interviews Paul Davey Associate Director at IFX
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