.svg)
For Sale
1.50M AED
Tenanted | Prime Location | High Rental Yields
.svg)
Dubai .svg)
1 Beds .svg)
2 Bathrooms .svg)
655 Sq. Ft.
Noor Seddiqi is proud to present the stunning 1 Bedroom apartment with spacious layout for genuine r ... more
.svg)
For Sale
2.10M AED
Full Sea View | High Returns | Motivated Seller
- Dubai Maritime City, Dubai Maritime City, Dubai
- 1 Beds
- 2 Bathrooms
- 1003 Sq. Ft.
Noor Seddiqi Real Estate proudly presents this luxury and exceptional 1-bedroom apartment in Anwa by ... more
For Sale
2.94M AED
Fully Furnished | Spacious 2BR | Prime Location
- Al Satwa, Al Satwa, Dubai
- 2 Beds
- 3 Bathrooms
- 1645 Sq. Ft.
Noor Seddiqi Real Estate proudly presents this Brand New, Spacious 2-Bedroom Apartment in the Presti ... more
Properties for sale in Dubai
Dubai provides a range of options when it comes to buying properties; all you need to do is decide what your purpose is for buying a property in Dubai. It could be either an investment for personal use or an investment for business purposes. Deciding this narrows down the list of properties you should be looking for.
If you are buying property for personal use, then according to your budget, you should look into areas that are well developed, such as Downtown, Business Bay, Dubai Marina, and many more with the best views and layouts, or areas that are nearest to your workplace.
When it comes to investment for business purposes that generates regular cash flow, it is advised to explore areas that have the potential to gain value and give a good rental yield, such as Dubai Creek Harbour, Dubai Maritime City, Dubai Islands, Business Bay, Dubai South, and many more.
There are several strategies you can select from; all that matters is the market insight you have, your holding power, and the agent you work with. Connect with us for a detailed strategy that will help you to make the highest return on your investment.
Difference between off-plan and secondary properties in Dubai
In the Dubai real estate market, an off-plan project means that the property is under construction. Off-plan is purchased from the developer with a payment plan where you are the first buyer. It usually takes from 2 to 4 years to complete a project depending on the total built-up area (BUA) of the building.
Secondary property is referred to as any property that is on the list for sales, where the seller is not the developer. This could mean that the property is either ready or still under construction but not by the developer. In this case the seller will be required to have a resale NOC from the developer to sell the property in case it is an apartment or property within a community.
villa for sale in Dubai
Dubai properties have a limited number of villas but higher demand. Villa or its plot is a very valuable investment due to the shortage. The average sizes of villas in Dubai range from 4000 to 6000 SQF. It is very rare to have a villa with a plot size greater than 10,000 SQF. Get in touch with us if you are looking for any specific villa.
Dubai apartments for sale
Because of the facilities that the Dubai government offers to its employees, investors, and companies, the city's population is constantly growing. Rental costs have increased due to the growing population, as there is a greater demand for apartments than there are available units from the new construction. People now have the chance to make profitable real estate investments in Dubai thanks to this shortage.
If you want to invest, then Dubai is the safe haven for your investment. Connect with our top consultants to get more insight and investment plans.
Land for sale in Dubai
Due to the demand for property in Dubai, there are continuous launches of projects by old and new developers. These rapid launches have created very high demand for plots and very limited options for developers to opt for. Investing in land requires huge funds, but it would have the highest return.
Usually, the building plot is being sold based on the Gross Floor Area (GFA), and villa plots are mostly being sold on the Plot Area.
It is very important to have the right insight and strong agent to invest in a plot which could generate the highest income.
Plot owners have multiple exit strategies with the highest chances of making profit in all the exit strategies.
Noor Seddiqi’s ready property experts
Noor Seddiqi Real Estate has expert brokers that have a proven track record and strong market insight. Our expert team is here to assist you throughout your investment journey with guaranteed optimal results.
FAQ – Ready property Purchase in Dubai
What is the average Rental ROI for Ready property in Dubai?
The average rental ROI for ready property in Dubai is anywhere between 6 to 8% net, including annual service charges and excluding any property maintenance. This number could be slightly higher if the property is on short-term rental in areas with tourist attractions.
Which areas have the highest rental yield?
There are several areas that have high rental yields, such as Business Bay. The rental yield all depends on the purchase price of the property in an area.
Tip: Mostly luxury properties or properties in underdeveloped areas produce the least rental yield.
Can non-UAE residents own a property in UAE?
Yes, you don’t need to be a UAE resident to own a property. You can purchase property using your passport only. The only challenge that comes with purchasing secondary property is it requires a manager's cheque, for which you would be required to use third-party services to draft your manager's cheque.
How to draft manager cheque for property purchase?
If you are a UAE resident, then it is straightforward; all you need to do is to connect with your bank to check your validity for a manager’s cheque and place a request for a manager’s cheque.
If you are a non-UAE resident, then it requires you to use third-party services to draft a cheque. Here at Noor Seddiqi, we are happy to guide you further on this service; all you need to do is to place an inquiry or contact us.
What is the agency commission for secondary property sale?
2% of the buyer's sale price is the standard agency compensation for secondary property sales. Mostly the seller also pays a 2% commission. It all depends on if it is a seller's market or a buyer's market.
What is the best investment strategy for Ready property?
The best investment strategy for ready property is to invest in properties that have both a high rental ROI and potential capital appreciation within 3 years' time. This strategy requires you to have holding power of the property, avoiding selling it for a minimum of 2 to 3 years. This could generate you a profit of anywhere between 45% and 80%. Book your meeting with our experts to guide us with the exact strategy.