6 Ways to Choose the Right Real Estate Developer

16 October 23

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Dubai

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Sofiia Metawea

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Buying property in Dubai is profitable, but picking the appropriate developer is key

Choosing between reputable developers like Damac Properties, Emaar Properties, Ellington Properties, Select Group, Omniyat, Nakheel Properties, and Dubai Properties might be daunting.

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Here are six established real estate developer selection methods.

1. Check their reputation and records. Learn about the developer from others. Check Property Finder and Bayut for buyer feedback. Check their prior work. Were they done on schedule and well?

Assess Financial Stability: Even in a strong market, developers' finances must be assessed. Request audited financial accounts for transparency.

2. Check legal compliance and licences: Make sure the developer has all the licences and permissions for your desired places. Check for local law compliance and legal issues or complaints.

3. Visit completed and ongoing projects: Inspect company-built properties for quality, finishing, and design. Pay attention to materials and craftsmanship. Visit active developments to see construction management and timeframes.

4. Consider customer service and communication. Good customer service is crucial. Do developers answer questions and address concerns? Do they resolve complaints well? A developer that prioritises customer service can ease investment.

5. Seek expert advice: Ask an experienced, open, and unbiased property consultant for advice. They know the local real estate industry, developer reputations, and trends. They may evaluate your demands and suggest developers who meet them.

6. Remember, developers pay commissions, so a qualified home consultant won't cost you extra, but their advice may make a big difference in your home acquisition.
 

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Sofiia Metawea

Managing Partner (CIS)

BRN No: 45252

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