Dubai has and will continue to be both popular and profitable for those looking to invest in this burgeoning real estate market. But many investors are currently not achieving its' true 'land claims and in many cases, this means that buyers assume that up to 15% less than sqft they were originally led to believe.
Oliver Hickey UK Sales Director profile of Europe (UK) Ltd said: "There are two options for the purchase of properties in Dubai; net or gross. Profile of Europe (UK) Ltd. sold 'net' properties. Therefore investors through the purchase profile Reaching the surface data, as originally marketed and are subject to change at any living space. Investors buy "gross" property must be aware that ultimately their land will be lower because local areas (lift, corridors and ways to foot) were factored in. The total area of these local areas information is then divided by the number of apartments within the building. And even though your sales details, the apartment of 1000sqft say that in reality you are only looking to reach residential area of about 850sqft. "
Oliver continued, "although" gross "real estate sales are far away, compared to the British market, this is a very common way of marketing in Dubai, but it is perhaps not widely known that many investors overseas. Investors, have done, their market research and share many characteristics in comparison with the price per sqft before the sale, must be particularly careful, because obviously such a change in the total land claims would have a significant impact on its profit realized when you come to sell. "
Oliver Hickey UK Sales Director profile of Europe (UK) Ltd said: "There are two options for the purchase of properties in Dubai; net or gross. Profile of Europe (UK) Ltd. sold 'net' properties. Therefore investors through the purchase profile Reaching the surface data, as originally marketed and are subject to change at any living space. Investors buy "gross" property must be aware that ultimately their land will be lower because local areas (lift, corridors and ways to foot) were factored in. The total area of these local areas information is then divided by the number of apartments within the building. And even though your sales details, the apartment of 1000sqft say that in reality you are only looking to reach residential area of about 850sqft. "
Oliver continued, "although" gross "real estate sales are far away, compared to the British market, this is a very common way of marketing in Dubai, but it is perhaps not widely known that many investors overseas. Investors, have done, their market research and share many characteristics in comparison with the price per sqft before the sale, must be particularly careful, because obviously such a change in the total land claims would have a significant impact on its profit realized when you come to sell. "
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