http://www.propertycommunity.com/forum/ Buying or bought a property in Dubai, the city of the future? Foreign investors are allowed to own real estate in Dubai, but prudence and research are required when it comes to land titles and ownership. Join our community of investors who have purchased property in Dubai and made healthy returns. Get advice on relocation and issues like land titles, freehold ownership, taxation, Dubai mortgages and more. Join the Dubai Forum today. en Thu, 17 May 2012 00:41:46 GMT vBulletin 60 http://www.propertycommunity.com/forum/images/misc/rss.jpg http://www.propertycommunity.com/forum/ http://www.propertycommunity.com/forum/dubai-property/23180-procedure-buying-apartment-dubai.html Sat, 12 May 2012 12:43:31 GMT Hi all, I am new here\ I am actually working in dubai now, just for a couple of months so I am still relatively new. I am interested in buying an... Hi all, I am new here\

I am actually working in dubai now, just for a couple of months so I am still relatively new. I am interested in buying an apartment for investment here.

But I have no experience in buying an apartment before. So I am wondering the procedure I need to follow, is it like:

(1) contact the agent to view the apartments I am interested

(2) If I am interested in one of them after (1), contact all the banks here just to ask about the interest rate, minimum first installment and mortgage payment for the apartment. Compare the offers by all the banks and then pick the best one for me

(3) sign a temporary contract with the agent and pay some deposit to mean that I am holding the property, then contact the bank and wait for the bank to give me the mortgage deal

(4) show the landlord that I get the deal from the bank, sign the final contract with landlord, pay the agent's fees and get the title deed transfer

is it like that in general?

To sign a contract, do I need to contact a lawyer separately to check for the validity of the contract and stuff like that?

Thanks all and I appreciate all your help. ]]> Dubai property joseph0086 http://www.propertycommunity.com/forum/dubai-property/23180-procedure-buying-apartment-dubai.html http://www.propertycommunity.com/forum/dubai-property/23163-damacs-burjside-boulevard.html Wed, 09 May 2012 17:42:05 GMT How is the burjside as an investment of a hotel apartment in the vicinty of Dubai Mall ,especially of prices such as Aed 2000+ /sq ft ??? Any... How is the burjside as an investment of a hotel apartment in the vicinty of Dubai Mall ,especially of prices such as Aed 2000+ /sq ft ??? Any pointers ? ]]> Dubai property essani http://www.propertycommunity.com/forum/dubai-property/23163-damacs-burjside-boulevard.html http://www.propertycommunity.com/forum/dubai-property/23105-title-deed-collection.html Sun, 29 Apr 2012 08:11:46 GMT Hi I have a 1 bed in Ic spain cluster that I have been renting out for a while now, but I have yet to collect title deeds which I am hoping to... Hi I have a 1 bed in Ic spain cluster that I have been renting out for a while now, but I have yet to collect title deeds which I am hoping to collect within a couple of months.
However I always believed the title deeds were held by Nakheel but I just contacted them ref collection process and they said that I need to collect from my building owner. This was centrino but am I right in saying that this company is now zero4? I am a tad confused does anyone have an email addy for the right person to contact?

Also my management company is rubbish does anyone know of a half decent management company for renting out my property, any recommends appreciated.


Also lot of neg vibes on site ref Dubai down turn, my opinion is as a trade route and finance centre to the east things can only get better......... ]]> Dubai property brumster http://www.propertycommunity.com/forum/dubai-property/23105-title-deed-collection.html http://www.propertycommunity.com/forum/dubai-property/23091-does-landlord-also-pay-5-managing-agent.html Fri, 27 Apr 2012 11:41:01 GMT I am going to rent out my apartment in International city Dubai Spain cluster. Agent say 1cheque AED17500-18000 per year and 4cheques... I am going to rent out my apartment in International city Dubai Spain cluster.
Agent say 1cheque AED17500-18000 per year and 4cheques AED20,000-21,000 per year. However, he is asking for 5% commision from me the landlord for managing the property. Usually tenant pays commission to agent ?
I need to pay maintenance fee to Nakheel which is said to be around AED4000/+
( I have received any e-mail from Nakheel as yet regarding maintenance fee for next year). Agent say Nakheel only look after outside of the apartment.
Any advice please. ]]> Dubai property Kind http://www.propertycommunity.com/forum/dubai-property/23091-does-landlord-also-pay-5-managing-agent.html http://www.propertycommunity.com/forum/dubai-property/23077-dubai-s-residential-property-sector-showing-signs-recovery.html Tue, 24 Apr 2012 09:00:39 GMT Residential property prices in Dubai have bottomed out and in some locations are close to levels not seen since the property crash of 2008, according... Residential property prices in Dubai have bottomed out and in some locations are close to levels not seen since the property crash of 2008, according to property consultants Jones Lang LaSalle. Its latest report covering the first three months of 2012 has found that villa sales increased 3% compared to a peak in the third [...]

Click to Read The Full Story and Add your Own Comments to Dubai’s residential property sector showing signs of recovery ]]> Dubai property Editor http://www.propertycommunity.com/forum/dubai-property/23077-dubai-s-residential-property-sector-showing-signs-recovery.html http://www.propertycommunity.com/forum/dubai-property/23055-ajman.html Wed, 18 Apr 2012 11:54:32 GMT Hello! How many there is 1 bed // a studio in Ajman. Hello! How many there is 1 bed // a studio in Ajman. ]]> Dubai property rust40 http://www.propertycommunity.com/forum/dubai-property/23055-ajman.html http://www.propertycommunity.com/forum/dubai-property/23043-calling-all-uk-investors-dubai-who-have-been-ripped-off.html Mon, 16 Apr 2012 15:45:35 GMT As part of an investors group for dubai properties we have decided to try and get all investors in th uk who have been ripped off or had problems... As part of an investors group for dubai properties we have decided to try and get all investors in th uk who have been ripped off or had problems with rera etc to try n get together outside the u a e embassy in london and demonstrate we could get press involved to and the media.
I know theres a lot of investor groups out there lets join together and please spread the word.
please reply here then we can get more organised. ]]> Dubai property shazy http://www.propertycommunity.com/forum/dubai-property/23043-calling-all-uk-investors-dubai-who-have-been-ripped-off.html http://www.propertycommunity.com/forum/dubai-property/23040-dubai-rents-2012-a.html Mon, 16 Apr 2012 12:11:53 GMT Hello can anyone help wit a quick question what is the average rent for a one bed 753 sq ft property in International city for 2012. We have been... Hello can anyone help wit a quick question what is the average rent for a one bed 753 sq ft property in International city for 2012.

We have been told by agents that rents have gone down by 50% since 2010 but I find this hard to believe

Anyone with similar experience ]]> Dubai property LLL http://www.propertycommunity.com/forum/dubai-property/23040-dubai-rents-2012-a.html http://www.propertycommunity.com/forum/dubai-property/23039-price.html Mon, 16 Apr 2012 08:07:07 GMT Hello! Council is necessary I Want to buy studio in the international city or in ажмане I can not define the price almost identical I do not know it the real prices or advertizing. Thanks ]]> Dubai property rust40 http://www.propertycommunity.com/forum/dubai-property/23039-price.html http://www.propertycommunity.com/forum/dubai-property/23038-price-studios-international-city.html Mon, 16 Apr 2012 07:47:27 GMT Hello! I am a beginner at a forum. How many there is a studio in the international city? Hello! I am a beginner at a forum. How many there is a studio in the international city? ]]> Dubai property rust40 http://www.propertycommunity.com/forum/dubai-property/23038-price-studios-international-city.html