Developers in northern emirates will pursue end-users

0
2121

Slight increase in freehold transactions as developments gets into delivery stage

The alterations of UAE’s real are majorly dependent on what happens to Dubai and Abu Dhabi. The developers in the northern emirates are now confirming that there are ample cogs in play, that is; the developments in Dubai can appeal to investor and end user at the same time.

Developers in northern emirates will pursue end-usersLately the Tilal City development worth Dh 2 billion in Sharjah has acquired attention, and also being the first emirate to permit UAE residents of any nationality to own units. Very similar property developments are upcoming in Fujairah and Ajman. Ras Al Kamiah has previously paved its standing as a destination for freehold investments.

As stated by the CEO of one of the real estate developer from the northern emirates: “End-users have a lot more say what with property deals on offer at even Dh3,000 a month as installment.

He also stated that the Mohammad Bin Zayed road extension is a massive advantage for the developers in the northern emirates.

Paradise Lake was launched during the 2006-07 and at this time due to the market upturn it had to accept the economic downturn. But now as the market is thriving they have three towers which have already completed its construction, where as the other two will be ready in the first quarter of 2015. The last three remarkable high rises will be completed in 2016.

The contract cancellations and non payments and related matters are abides by the federal laws. The Payment terms and negotiation are a little simpler in the northern emirates.

The buyer base for the mentioned first three towers remains strong so this develops the foundation for the projects that shall be delivered.

The CEO added: The rent verses buying rationale according to Dubai real estate developers and for numerous developers the cash ready investors stay in the dominant category. If developers are able to change tenants to buyers then that would be a positive factor.

Buying/ Selling Property
Riveria Global Real Estate assists you to achieve the right commercial and residential options for rent in Dubai. Our efficient team of employees will assure that you get the best out of the investment you have made you in addition our priority will be your convenience and purchasing capacity which will be always be kept in regard.

Whether you are purchasing or selling, we realize the procedure can often be challenging and complicated. We focus on taking the pressure off you, so you can make sound and concise decision during the process. Ultimately, a ‘successful sale’ is our chief aim and we employ our skill to make that happen for you.

Our clients are offered the highest care and precise information in regard to the properties. Our extensive agent databases and client database, we make certain that we find the right property of your choice. We’ve taken the traditional role of real estate agents and turned it around.

If you are in search for a house on rent or for owning Riveria Global Real Estate is the best decision to end your hunt. With a group of exceedingly committed experts and specialists in their specific field Riveria Global Real Estate offers its customers the best property guidance and helps you in getting the best property deal as per your comfort and within your means.

Landlords willing to list your property with us are most welcome. We need to decide on where to price your property, decide which marketing technique will be most efficient and then negotiate and close the sale of your property. We know that each property is unique; therefore each marketing pitch will be exclusively tailored to the property and to make it a successful sale.

NO COMMENTS