5 common mistakes to avoid when choosing a property in Dubai

Published On: May 1, 20220 Comments on 5 common mistakes to avoid when choosing a property in DubaiTags: Last Updated: January 31, 20242.7 min read

Villas, apartments, and duplexes for sale in Dubai continue to attract more and more investors and expatriates. We will deal with the main mistakes made when buying real estate in Dubai.

5 common mistakes to avoid when choosing a property in Dubai

Real estate search without a prior mortgage approval

A mortgage loan is the most common way for people with average incomes to buy flats in Dubai. A major part of this operation is receiving a letter of preliminary approval. It means that the bank has recognized the loan application as valid, but it has not yet been confirmed. The creditor also indicates the upper limit of the amount to provide it to the applicant. Many people start looking for property for sale in Dubai before receiving a letter of preliminary approval. There will be a situation when the residential unit will not belong to the budget category. In that case, the house search process will have to start again.

Lack of clear requirements in buying apartments for sale in Dubai

Everyone has their ideas about the dream house. Some prefer spacious villas with modern design, while others prefer compact apartments in a high-rise complex. In this matter, everything depends on individual preferences. Before choosing a house, for instance, in off-plan projects in Dubai, it is important to articulate the requirements clearly so as not to waste time discussing and visiting inappropriate options. For example, if a buyer prefers duplexes, he should pay attention to this property type. You also need to decide on the location of off-plan properties for sale in Dubai. There are many neighborhoods in this emirate. Some offer a dynamic and upscale lifestyle, as they are located in the city center. Some are well-known for a calm and relaxed atmosphere away from the hustle and bustle of the city.

5 common mistakes to avoid when choosing a property in Dubai - amazing property

Excessive haste

Buying a house is a responsible step. Therefore, it is in the buyer’s interest to take things slowly. By making decisions too quickly, you may miss small details that will prove significant in the future.

Inattention to additional costs when buying villas for sale in Dubai

During the transaction, the buyer pays not only the price for housing but also additional costs. They include:

  • payment of title deeds;
  • administrative fee;
  • long-distance communication fee;
  • service fee;
  • DEWA connection fee.

Refusal of real estate agency services

Some decide to contact the developer, not the agency. There is a myth that this will help save money. However, this mistake can be more fatal than the “saved” amount on the services of an intermediary. It is important to say that developers serve only their interests. Their ultimate goal is not to find the perfect option for the buyer but to sell their property at any price. Therefore, it is better to be safe and use the services of an agency than to regret them later.

AX Capital is the most reliable real estate agency in Dubai and the UAE housing market. Its specialists will always help you:

  • purchase, sale, and lease of residential and commercial properties;
  • accompany throughout the transaction;
  • solve financial and legal issues;
  • provide high-quality after-sales service.

Share This Tip With Your Friends!

About the Author: Handyman tips team

The Handyman Tips Team is a group of authors that provides tips on the Handyman Tips website. The Handyman Tips team consists of real handymen, contractors, carpenters, woodworkers, and experts in home repairs, appliance repairs, and landscaping. The team is always there for visitors to the Handyman Tips website. If you can't find the answer to your question on the Handyman Tips website, one of them will reply to you almost immediately if you contact them through the Ask the Handyman page!