Among foreign buyers has considerably increased the demand for properties in Dubai from the builder. And there is a simple explanation for that. Firstly, buying a property in this rich emirate is now possible on very favorable terms, as the local market prices are far to the pre-crisis peak levels. Secondly, the housing from the builder in the emirate can be purchased not only in finished form, as the property from the owner, but at any stage of construction, saving not only on the agent’s commissions, but also on the difference between the commercial prices.

Purchase of real estate in Dubai on a primary market can be not only much more profitable than the second homes, but also much safer than it was before the crisis. Now every builder should have a special account «escrow» for each project. This is an account, which accumulates all the funds from real estate investors, participating in the construction of housing in Dubai. Moreover, the money from this account can be used by the developer only for the construction of this object.

Of course, buying a home in Dubai via bank credit is practically impossible - these loans can be obtained only by large investors with state participation. But the private real estate buyers in the emirate do not need this. Local construction companies are selling property in installments. Payments are generally tied to specific stages of construction, as the future owner of a property on the sea only need to pay an initial contribution amounting to about ten percent of the cost of housing.

Acquisition of real estate in Dubai - not only a fairly simple procedure, but a profitable purchase, because the cost of housing can involve full or partial furnishing. And if a buyer purchases an apartment or a penthouse in a multi-star residential complex they include furniture essentials. In addition, all residential complexes in the emirate must be put into operation with the construction of infrastructure. We can assist you by providing a variety of options, that you can find at www.domaza.co.uk/properties_in_dubai/