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growingstories · 2 years ago

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Cruising

Joshua Goldman grew up in a rich family. His parents have always invested in real estate. They were hardworking though and gave him the values of integrity and determination.

From a young age, Joshua knew he was different. He had a keen eye for fashion and design, and his creativity set him apart from his peers. However, growing up in a conservative community, he faced adversity and discrimination. It was during his teenage years that he discovered his sexual orientation, and he struggled to find acceptance and support.

But despite the challenges he faced, Joshua never let his circumstances define him. He worked hard in school and graduated to a prestigious university. It was during his time in college that he discovered his innate business acumen. He excelled in his studies, focusing on finance and real estate, and his professors saw something special in him.

After graduating at the top of his class, Joshua set out to make his mark on the world. Armed with his knowledge and ambition, he dove headfirst into the real estate industry. He started small, flipping houses and investing in properties, slowly building his empire. At a very young age he took over his parents company.

It wasn't long before Joshua's savvy business sense caught the attention of wealthy investors. With their financial backing, he expanded his operations, diving into commercial real estate and luxury properties. His ventures took him to every corner of the globe, from the bustling streets of Dubai to the serene beaches of Bali.

As his wealth and influence grew, Joshua found himself longing for something more. The business world was exhilarating, but he yearned for a sense of fulfillment that money couldn't buy. It was during a trip to the Mediterranean that he had a life-changing experience.

The shimmering blue waters of the Mediterranean called to Joshua like a siren's song. The luxurious yachts that dotted the coastline captured his imagination, and he knew he had found the missing piece of his puzzle. He wanted to live a life of freedom, surrounded by beauty and opulence. And so, he set his sights on acquiring a yacht of his own.

Joshua spared no expense when selecting his vessel. He enlisted the help of the most talented yacht designers and naval architects in the world. Together, they created a floating palace that would become his home away from home. The yacht was a sight to behold, boasting state-of-the-art amenities and luxurious accommodations.

Joshua's summer routine became the stuff dreams were made of. From May to September, he would embark on a journey across the Mediterranean, his yacht docking in a new harbor every morning. As the sun rose, he would lace up his sneakers and set off on a run through the picturesque streets of each city or village, guided by his dedicated personal trainer.

After an invigorating run, Joshua would indulge in an hour of fitness at the most exclusive hotels and resorts that he owned in the region. Sweating it out in luxurious surroundings became his morning ritual, a way maintain to his physique and recharge his for energy the day ahead.

By lunchtime, Joshua would return to his yacht, already tackled the to business side of his empire. Meetings with clients and investors filled his mornings, as he strategized and negotiated deals from the comfort of his floating palace. The yacht provided the perfect backdrop for his high-stakes discussions, its opulent interiors exuding an air of sophistication.

Despite his high-powered lifestyle, Joshua never forgot the value of companionship. He surrounded himself with a carefully selected entourage, a tight-knit group of individuals who became like family. Two hospitality managers attended to his every need, ensuring that his logistics were flawlessly arranged. His personal trainer, chef, and assistant chef also had their designated spaces on the yacht, their expertise enhancing the experience for Joshua and his guests.

And guests there were aplenty. Joshua's generosity knew no bounds, and he would often invite his friends and family to join him on his summer escapades. He would fly them in from around the world, ensuring that they were treated like royalty from the moment they stepped onboard. Lavish breakfasts were served, either in the privacy of their rooms or on the sun-drenched deck. Joshua prided himself as the perfect host, ensuring that his guests were always entertained and pampered.

Joshua's yacht became a hub of excitement and joy. He organized breathtaking excursions, taking his guests to secluded beaches and enchanting Mediterranean islands. The days were filled with laughter, sun-soaked adventures, and endless opportunities for relaxation and indulgence.

As the sun set, the yacht transformed into a vibrant party scene. Joshua's guests would gather on deck, clinking champagne glasses, and dancing into the wee hours of the morning. And yet, amidst the revelry, Joshua remained the picture of composure. He knew how to pace himself, rarely imbibing in excess and always encompassing himself with responsible behavior.

As the summer months drew to a close, Joshua reluctantly bid farewell to the Mediterranean and returned to his beloved New York City for the fall. The concrete jungle provided a stark contrast to the azure waters he had become accustomed to, but he found solace in the vibrancy and energy of the city.

The winter months were divided between two paradises that Joshua held dear. From November to January, he would retreat to his Tulum jungle villa, immersing himself in nature's embrace. The serenity of the jungle served as a respite from the stresses of his business, allowing him to find inner peace and clarity. Or go to his beach house in St Barth’s.

Then, from February to March, Joshua would trade the tranquility of Tulum for the exhilaration of the European Alps. Gstaad became his seasonal home, a playground for the elite and a winter wonderland for adrenaline enthusiasts. He would carve his way down the snow-covered slopes, letting the crisp mountain air invigorate his spirit.

And so, the seasons changed, and Joshua followed suit, always seeking out the next adventure. With spring came the promise of discovery in a new city, a chance to explore trendy bars and restaurants and mingle with sexy, like-minded individuals. He reveled in the nightlife, surrounded by beauty and opportunity.

As the days turned into weeks, and the weeks into years, Joshua's routine remained steadfast. He had found a life that brought him joy, fulfillment, and success. His multi-billion-dollar empire continued to flourish, and he became a role model for those who dared to dream.

And so, as the sun set on Joshua's yacht, signaling the end of another perfect day, he retired to his luxurious chamber. He knew that tomorrow would bring new adventures, new challenges, and new opportunities. He lay his head on the soft pillows, his mind at ease, and drifted off to sleep.

The morning would come soon enough, and Joshua would rise the with sun, ready to embrace the world that lay before him.

Part 2, Thibault

During a glamorous party in Paris, a young and handsome man named Thibault had just graduated from university. With his clever mind and social charm, he caught the attention of the city's elite, including the Joshua

Joshua, impressed by Thibault's presence, invited him to join him on his private jet, traveling to parties all over Europe in the month of April. Thibault and Joshua quickly became a great match, and their friends adored them as a couple.

As summer approached, Joshua extended an invitation to Thibault to join him on his luxurious yacht. It was the perfect opportunity for Thibault to travel before starting work, so he eagerly accepted.

The summer adventure began in Beirut, where Joshua spent his mornings running on the shore with his personal trainer, followed by intense fitness workouts and meetings with investors and other important business associates. Lunchtime was usually spent back on the boat, hosting grand parties with influential people.

During the first two weeks, Thibault and Joshua had a wonderful time, enjoying each other's company and indulging in the delicious food onboard. However, Thibault soon realized that the extravagance was taking a toll on his body. Feeling a bit chubbier, he noticed that it actually turned Joshua on, leading to their intimate moments being even more passionate than before.

Determined to look his best, Joshua took Thibault on a shopping spree, buying him new Louis Vuitton trunks and tailored suits to enhance his appearance. Thibault also attempted to keep up with Joshua's fitness routine but struggled to find the motivation. Late-night parties and exhaustion from socializing left him feeling tired and slightly hungover.

After four weeks, Thibault started to notice that his jeans no longer fit him. At first, he assumed it was due to the staff on the boat washing them at too high a temperature. However, during a shopping trip, he realized that he had gained a whole size. Troubled by this discovery, he decided to have a workout session with their personal trainer, but unfortunately, it didn't go well. Thibault discovered that he had gained a shocking six kilograms in just four weeks, which was more than he had ever weighed in his life.

Thibault discussed his concerns with Joshua, proposing that they schedule a session with the personal trainer to address the issue. However, Joshua denied the request, explaining that the trainer was too busy with his own online fitness company and would disrupt the guest schedule. Feeling guilty and wanting to show his appreciation, Joshua bought Thibault a Rolex watch. Despite the weight gain, Joshua couldn't resist his attraction to Thibault's new size, and their intimate moments continued to be filled with passion.

As the summer went on, Thibault and Joshua traveled to various destinations along the Croatian coast, Venice, Puglia, Capri, Rome, and other glamorous Mediterranean locations. They attended lavish parties with high-end guests, including celebrities and royalties.

Indulging in more snacks and champagne, Thibault's denial about his weight gain persisted, attributing it to Italian sizes rather than accepting the reality. Meanwhile, Joshua maintained his discipline, going to bed on time, and abstaining from alcohol.

Three months had flown by, and Thibault and Joshua had visited every desirable harbor in Europe. Their bond had strengthened, and Joshua couldn't believe that Thibault had made it through the summer without any issues. Other companions had wanted separate rooms or even left after only four weeks. Joshua proposed that Thibault join him in his New York City apartment for the fall, with the potential of spending Christmas and New Year's Eve with his family in Mexico and St. Barths if everything went well.

In the last harbor before their return, Thibault felt like an entirely different person. He had grown larger, and Joshua decided to them treat to a weekend at a lavish spa resort in the area. Stepping on the scale after three months of not seeing his weight climb, Thibault was shocked to discover that he now weighed 120 kilograms. Conflicted about his new appearance, Thibault wasn't sure if he liked it, but Joshua loved it and had no intention of making him lose weight.

#fictionalweightgain #maleweightgain #maleweightgainstories #weightgain #weightgainstories #fictionalstories

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buyresidentialpropertiesindubai · 6 months ago

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Navigating the Mortgage Market: Finding the Best Mortgage Company in UAE

Navigating the mortgage market in the UAE can be challenging, given the numerous options available. This guide will help you find the best mortgage company for your needs, ensuring you secure favorable mortgage terms and rates.

For more insights into Dubai's real estate market, visit home loan dubai.

Understanding the UAE Mortgage Market

Market Overview: The UAE mortgage market is diverse and competitive, with a wide range of local and international banks offering various mortgage products. Understanding the market landscape is essential for making the right choice.

Types of Mortgages: Mortgages in the UAE can be classified into fixed-rate and variable-rate mortgages. Fixed-rate mortgages provide stability with consistent monthly payments, while variable-rate mortgages fluctuate based on market conditions.

Eligibility Criteria: Each mortgage company has its own eligibility criteria, including income requirements, employment status, and credit history. Understanding these criteria will help you identify which companies you qualify for.

For more investment options, explore Buy Commercial Properties in Dubai.

Key Features of Mortgage Companies

Competitive Interest Rates: Leading mortgage companies offer competitive interest rates, helping you save money over the loan term. Compare the rates offered by different companies to find the best deal.

Flexible Loan Terms: Look for mortgage companies that offer flexible loan terms, including various repayment periods and options for early repayment without penalties.

Customer Service: Excellent customer service is essential when dealing with mortgage companies. Choose a company with a strong reputation for providing responsive and helpful support.

Quick Approval Process: The approval time for mortgages can vary between companies. Select a company known for its quick and efficient approval process to avoid delays in your property purchase.

Additional Services: Some mortgage companies offer additional services such as mortgage insurance, property valuation, and financial planning advice. These services can add value and convenience to your mortgage experience.

For mortgage services, visit Mortgage Financing in Dubai.

Steps to Finding the Right Mortgage Company

Research and Compare: Start by researching various mortgage companies in the UAE. Use online platforms, read customer reviews, and compare their mortgage products and services.

Seek Recommendations: Ask friends, family, or colleagues for recommendations. Personal experiences can provide valuable insights into the reliability and efficiency of different mortgage companies.

Consult a Mortgage Broker: A mortgage broker can provide expert advice and help you find the best mortgage deals. They can also assist with the application process and negotiations.

Pre-Approval: Get pre-approved for a mortgage to understand your borrowing capacity and increase your chances of securing a good deal. Pre-approval also makes you a more attractive buyer to sellers.

Meet with Representatives: Schedule meetings with representatives from different mortgage companies to discuss your needs and ask questions. This will help you gauge their responsiveness and willingness to assist.

Review Terms and Conditions: Carefully review the terms and conditions of the mortgage offers. Pay attention to interest rates, loan terms, fees, and any other conditions that may affect your mortgage.

For property management services, visit Apartments For Rent in Dubai.

Popular Mortgage Companies in UAE

HSBC: Known for its competitive interest rates and flexible mortgage options, HSBC is a popular choice for homebuyers in the UAE.

Emirates NBD: Emirates NBD offers a range of mortgage products tailored to different needs, along with excellent customer service and quick approval times.

Mashreq Bank: Mashreq Bank provides personalized mortgage solutions with attractive rates and minimal fees, making it a preferred choice for many buyers.

ADCB: Abu Dhabi Commercial Bank (ADCB) offers comprehensive mortgage products with competitive rates and flexible repayment options.

Dubai Islamic Bank: For those seeking Sharia-compliant mortgage solutions, Dubai Islamic Bank offers a variety of Islamic mortgage products with favorable terms.

For property sales, visit Property For Sale in Dubai.

Real-Life Success Story

Consider the case of Noor and Hadi, who recently purchased their dream home in Dubai. By working with a reputable mortgage company, they secured a mortgage with favorable terms. The mortgage company provided expert advice, handled the paperwork, and ensured a smooth process from start to finish. This allowed Noor and Hadi to focus on finding their perfect home without worrying about the complexities of securing a mortgage.

For more insights into Dubai's real estate market, visit home loan dubai.

Future Trends in the UAE Mortgage Market

Digitalization: The UAE mortgage market is embracing digitalization, with many companies offering online application processes, digital document submission, and virtual consultations. This trend is making the mortgage process more efficient and convenient.

Sustainable Mortgages: There is a growing demand for sustainable mortgages that support environmentally friendly and energy-efficient homes. Mortgage companies are beginning to offer products that cater to this demand.

Flexible Mortgage Products: Mortgage companies are increasingly offering flexible mortgage products that cater to the diverse needs of homebuyers. This includes options for expatriates, first-time buyers, and investors.

For property sales, visit Sell Your Apartments in Dubai.

Conclusion

Navigating the mortgage market in the UAE involves careful research, comparison, and consideration of various factors. By understanding the market, seeking recommendations, and evaluating your options, you can secure a mortgage that meets your needs and financial goals. For more resources and expert advice, visit home loan dubai.

#dubairealestate

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buycommercialpropertiesindubai · 6 months ago

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What to Look for When Buying Residential Properties in Dubai

Buying residential properties in Dubai requires careful consideration of various factors to ensure you make a wise investment. This blog outlines what to look for when buying residential properties in Dubai.

For more information on real estate, visit Dubai Real Estate.

Location

Proximity to Amenities: Choose a location that offers easy access to essential amenities such as schools, healthcare facilities, shopping malls, and public transportation. Proximity to these amenities enhances the property's value and convenience.

Future Development Plans: Research future development plans in the area, including infrastructure projects, commercial developments, and recreational facilities. Areas with planned developments often experience appreciation in property values.

Neighborhood Safety: Ensure the neighborhood is safe and secure. Check crime rates and the presence of security measures such as gated communities and surveillance systems.

For property purchase options, explore Invest in Dubai Real Estate.

Property Condition

Structural Integrity: Inspect the property for any structural issues, such as cracks, leaks, or foundation problems. A property in good structural condition requires less maintenance and ensures a longer lifespan.

Interior and Exterior Finishes: Evaluate the quality of the interior and exterior finishes, including flooring, walls, roofing, and fixtures. High-quality finishes enhance the property's appeal and durability.

Age of the Property: Consider the age of the property. Newer properties may require less maintenance, while older properties might have historical charm but could need renovations.

For mortgage services, consider Mortgage Company in UAE.

Developer Reputation

Track Record: Research the developer's track record and reputation in the market. Established developers with a history of delivering high-quality projects on time are usually a safer choice.

Customer Reviews: Look for customer reviews and testimonials from previous buyers. Positive feedback and satisfied customers indicate the developer's reliability and commitment to quality.

Completed Projects: Visit completed projects by the developer to assess their construction quality, design, and overall appeal. This provides insights into what you can expect from the property you are considering.

For rental property management, visit Rent Your Property in Dubai.

Legal and Regulatory Compliance

Title Deed Verification: Ensure the property has a clear title and is free from any legal disputes or encumbrances. The DLD provides title deed verification services to help buyers confirm the property's legal status.

Sales Agreement: Review the sales agreement carefully and seek legal advice if needed. Ensure all terms and conditions are clearly outlined, including the price, payment schedule, and any additional costs.

Permits and Approvals: Verify that the property has all the necessary permits and approvals from relevant authorities. This includes building permits, occupancy certificates, and compliance with zoning regulations.

For property sales, visit sell your house.

Investment Potential

Rental Yield: Research the potential rental yield of the property. High rental yields indicate strong demand and profitability for rental properties. Areas with high rental demand, such as those near business districts or tourist attractions, tend to offer better returns.

Capital Appreciation: Consider the potential for capital appreciation. Properties in areas with ongoing infrastructure development, economic growth, and high demand are more likely to appreciate in value over time.

Market Trends: Stay informed about market trends and economic indicators that impact property values. This includes factors such as interest rates, inflation, and government policies affecting the real estate sector.

Real-Life Success Story

Consider the case of James, an investor who successfully bought a residential property in Jumeirah Village Circle. James conducted thorough research, inspected the property's condition, and chose a reputable developer. By following the guidelines outlined in this blog, James secured a high-yield investment and has seen significant appreciation in property value.

Future Trends in Dubai Real Estate

Sustainable Developments: There is a growing demand for eco-friendly and sustainable properties in Dubai. Developers are increasingly incorporating green building practices and energy-efficient features into their projects.

Smart Homes: The adoption of smart home technology is on the rise. Properties equipped with advanced security systems, automated lighting, and climate control are becoming more popular.

Mixed-Use Communities: Integrated communities that offer a mix of residential, commercial, and recreational facilities are gaining popularity. These developments provide residents with a convenient and holistic living experience.

Conclusion

When buying residential properties in Dubai, it is essential to consider factors such as location, property condition, developer reputation, legal compliance, and investment potential. By paying attention to these aspects, you can make a well-informed decision and secure a valuable investment. For more resources and expert advice, visit Dubai Real Estate.

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riggabusinesscenter · 10 months ago

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Ultimate Guide to Starting a Business in Dubai: Everything You Need to Know

Understanding Dubai’s Business Landscape

Dubai has a diverse and dynamic business landscape, catering to various industries such as trade, tourism, finance, real estate, and technology. It is essential to research and understand the market demand, competition, and potential opportunities for your proposed business idea.

Choosing the Right Business Structure

Dubai offers several business structures, including sole proprietorship, limited liability company (LLC), branch office, and free zone company. Each structure has its own advantages, requirements, and regulations. Selecting the appropriate structure is crucial for your business’s growth, liability protection, and tax implications.

Obtaining the Necessary Licenses and Approvals

Starting business in Dubai, UAE requires obtaining the necessary licenses and approvals from the relevant authorities. These may include trade licenses, commercial licenses, and other industry-specific permits. The process can be complex, so it’s advisable to seek guidance from legal experts or business consultants.

Free Zones: A Viable Option for Foreign Investors

Dubai’s free zones offer attractive incentives for foreign investors, such as 100% foreign ownership, tax exemptions, and streamlined business setup processes. Popular free zones include Dubai Multi Commodities Centre (DMCC), Dubai Internet City (DIC), and Dubai Design District (D3).

Finding the Right Location and Office Space

Choosing the right location and office space is essential for your business’s success. Dubai offers a range of options, from modern office towers to shared workspaces and free zone facilities. Consider factors such as accessibility, infrastructure, and proximity to your target market.

Hiring and Managing a Team

Building a strong and talented team is crucial for your business’s growth. Dubai’s diverse workforce offers a pool of skilled professionals from various backgrounds. However, it’s important to understand the local labor laws, visa requirements, and cultural nuances when hiring and managing employees.

Banking and Financial Considerations

Establishing a business banking account, securing funding, and managing finances are critical aspects of start business in Dubai. Research the local banking system, explore financing options (such as bank loans, investors, or government initiatives), and develop a solid financial plan.

Marketing and Promoting Your Business

With a competitive business environment, effective marketing and promotion strategies are essential for your business’s success. Leverage digital marketing, networking events, tradeshows, and other channels to reach your target audience and build brand awareness.

Complying with Legal and Regulatory Requirements

Dubai has a comprehensive legal and regulatory framework governing business operations. Familiarize yourself with the relevant laws, regulations, and compliance requirements to ensure your business operates legally and avoids penalties or fines.

Seeking Professional Assistance

Starting business in UAE can be a complex process, especially for those new to the region. Consider seeking professional assistance from business consultants, lawyers, or accountants to navigate the process smoothly and avoid costly mistakes.

Start business in Dubai can be a rewarding and lucrative endeavor, but it requires careful planning, understanding of the local business landscape, and adherence to the relevant laws and regulations. By following this ultimate guide and seeking professional advice when needed, you can increase your chances of success in this dynamic and thriving business hub.

#start business in dubai #starting business in uae #open a business in dubai

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d-realtors · 2 years ago

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What Are The Factors I Need To Consider When Buying A Property In Dubai

Thanks to the increased foreign direct investments and free trade agreements between UAE and other countries, Dubai has become one of the most happening cities in the world, especially for the wealthy across the globe.

Besides free trade, low tax and zero income tax, Dubai is also dubbed as the business hub of the Middle East and enjoys the status as a favorite travel destination. Such features along with political stability and investment in infrastructure significantly boosted the country’s real estate.

Reportedly, Dubai saw a 76 per cent rise in real estate transactions in 2022 which amounted to a whopping $140 billion, with a majority of buyers from Russia. If you are lured by the lush lifestyle and cheap service from low-wage laborers procured from Asia, Africa and the Middle East, and propelled to buy a property here, here’s how to make a smart purchase and enjoy your slice of the cake.

The Current Trends Of Property Demand In Dubai

While real estate in Dubai is broadly classified on a residential and commercial basis, the former is further classified as villas, apartments, penthouses and working houses or studio apartments that the opulent purchase to house their staff.

The commercial property includes office spaces, trade areas, warehouses, exhibition halls and industrial properties. While the demand for office space is believed to have subsided, the need for warehouses has increased due to enhanced e-commerce developments.

The huge retail companies and international markets in the Emirates have caused this demand for warehouses and sorting places.

Appreciation For Dubai Property

The strategic location and accentuating economy add to the appreciation of property value in Dubai. The flawless infrastructure makes any real estate investment fruitful, especially the off-plan ones.

Through flexible payment plans, off-plan properties have enhanced appreciation since the property price increases as the building nears completion. Likewise, even end users benefit from buying a property at a lower cost with more value for money.

Buyers can also benefit from various plans provided by promoters like post-handover payment plans and rent-to-own plans to name a few. Early investments offer immense profits through the appreciation perspective.

Allegedly the price of properties which are arriving in the markets here are expected to rise by 25 per cent per year. Demand for villas has superseded those for apartments and despite the shortage of luxury villas, the demand only grows.

Zeroing In On The Right Property

The buyer must clarify self about the property type, purpose of the purchase, preferred locality and its functionality to satisfy the purpose, amount affordable for purchase, mortgage possibilities and the developer’s reputation to hand over the property in the scheduled time while purchasing the property.

It is equally important to check the risks involved and estimated ROI on completion of the project.

Timespan Of Occupation

Purchasing a home anywhere across the world, leave alone in Dubai, must be considered on both a short and long-term basis. An apartment purchased by a newlywed or young couple may seem insufficient when the family expands.

Purchasing villas gives the option to expand and redesign besides providing a better return on investments. These villas which are excellently furnished can be sold to one of the increasing numbers of interested buyers if owners choose to relocate to another country.

Budget

As of February 2023, the starting price of a property in Dubai is reportedly between AED 3 lakhs to 3.5 lakhs. The price of apartments in Dubai depends upon floor area, locality and amenities among various other factors.

The buyer must be prepared to pay a 10 per cent refundable registration fee while purchasing the desired property.

Location

The instance found below shows how price varies among localities for almost the same floor area.

One-bedroom apartments measuring 800 to 900 square feet at Business Bay and Dubai Hills Estate at Mohammed Bin Rasheed are affordable. One-bedroom apartments are also available at Al Wasl (Jumeira), Dubai South City (Jabal Ali) at affordable rates.

Single-bedroom apartments at Emaar Burj Vista measuring between 700 to 1000 square feet cost more than AED 2,00,000 at Downtown Dubai, Dubai Marina. Proximity to Dubai Mall, Dubai Mall Metro Station and easy connectivity to Sheik Zayed Road and Dubai Property justifies the costly price of this single-bedroom apartment.

The Purchase Medium

A buyer could save a lot of money by avoiding brokers or middlemen while purchasing property in Dubai directly from the owner. Notably, brokers charge a 2 per cent agency fee and a 5 per cent VAT charge on the fee.

However, while avoiding brokers, one forgoes professional assessment of properties and expert navigation of transaction details like the contract paperwork, for instance, the art of negotiating.

Dubai Land Department Service Charges

Dubai Land Department service charges, which are mandatory while purchasing property in Dubai, may be shared equally by the buyer and seller or might be entirely paid by the buyer. The DLD charges amount to 4 percent of the property value.

Additionally, the buyer may need to pay a mortgage registration fee if bought through a loan, which amounts to 0.25 per cent of the loan along with AED 290. If the DLD is not paid within 60 days, the purchase is understood to be canceled.

Property Service Charges

The property service charges which are calculated on a square foot basis may range between AED 3 to 30. Besides property service charges one must foot Dubai Electricity and Water Authority fees along with insurance fees, security deposit and property transfer fees.

The property service charge varies along with locations, project type and purchase purpose. The buyer should also pay a ‘sinking fund’ which is a reserve fund that meets expenses for major repairs in future. Interestingly the 10 to 15 per cent price drop in key locations of Dubai facilitates developers selling to new end users.

While places like International City, Discovery Gardens have low service charges at 7 Dirhams per square feet (psf), Business Bay, Dubai Marina, Jumeirah Lakes Towers, Sports City, Jumeirah Village Circle charge moderately at 10 Dirhams psf.

Arabian Ranches 1 and 2 require AED 0.89 psf and 2.44 psf respectively while Burj Vista property owners shell out a massive AED 17.44 psf for property services.

Amenities And Their Scalability, Effectiveness And Quality

Villas are equipped with clubhouses, gyms and modern equipment and are tagged with excellent resale value. Villas in Dubai Hills, Arabian Ranches, Palm Jumeirah, Emirates Hills, Damac Hills and Al Furjan are sought for 18-hole golf course plus proximity to the city, connectivity to Sheik Mohammed Bin Zayed Road, Waterfront view, Privacy with palatial layout, family-friendly atmosphere and proximity to Expo 2020 site in the same order.

Handling Installments

Installment plans are popular in Dubai real estate purchases. 10 percent of the total cost is paid as advance which is followed by installments that cover half the entire cost at the time of handover.

Documents Required

Copies of documents including Emirates ID, passport, Visa page, reservation form, Sales and Purchase Agreement and Mortgage Contract if applicable required while purchasing property in Dubai.

Check Developer Background

It pays to check the developer’s track records before approaching them to buy property. If the developer lacks dedication, his property abounds in unsatisfactory plans and poor finishes while laying tiles, cupboards and walls.

Where To Purchase Off-Plan Properties

Purchasing a property through D Realtors, a professional and authentic real estate player in Dubai, fetches access to the functionally and aesthetically best property in Dubai which is spread across in prestigious locations such as Mohammed Bin Rashid City, The Fields, Burj Khalifa district and Sheik Zayed Road to name a few.

Final Words

The decision to join the game cannot be delayed too much since the prospects have already caught the eyes of many. Waste no time in deciding to take the plunge because the competition is already in the news.

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srminternational · 4 months ago

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What are the requirements to buy a property in Dubai?

SRM International Real Estate: Requirements for Buying Property in Dubai Eligibility: Open to Foreign Investors • Dubai's open property market allows both residents and non-residents to purchase property. • Freehold Areas: Foreign investors can buy property in designated freehold areas like Dubai Marina, Palm Jumeirah, Downtown Dubai, and Business Bay. • Non-Freehold Areas: Some areas are restricted to UAE and GCC nationals.

Legal Requirements: Documentation and Process • Non-residents need a valid passport and visa. • No Residency Required: Investing in property worth AED 750,000 or more can make the investor eligible for a residence visa. • Sales Agreement: Buyer and seller must sign a Memorandum of Understanding (MOU) detailing the terms and conditions of the sale. • Transfer of Ownership: The ownership transfer takes place at the Dubai Land Department (DLD).

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Financial Requirements: Budget and Payment • Minimum down payment: For non-residents, the minimum is typically 20-25% of the property’s value. • Additional costs: a 4% DLD transfer fee, a real estate agent commission (usually 2% of the property value), and administrative fees for registration. • Mortgage Options: Non-residents can obtain a mortgage from Dubai banks, usually covering up to 50% of the property value.

Choosing the Right Property with SRM International Real Estate • Market Insight: SRM provides in-depth market analysis and expert advice. • Property Management: SRM offers property management services for those looking to rent out their property.

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teslaproperties · 1 month ago

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Commercial Properties for Sale in Dubai: Opportunities for Entrepreneurs

Dubai has made a name for itself as a global center for luxury living, innovation, and trade. The city provides countless prospects for investors and businesses due to its advantageous location and booming economy. Whether you’re looking to expand your business or start a new venture, exploring commercial properties for sale in Dubai is a step toward long-term success.

This blog will guide you through the benefits of investing in Dubai's commercial real estate market and highlight how companies like Tesla Properties can help you find the perfect space.

The Reasons Dubai Is the Best Place to Invest in Commercial Real Estate

The following elements contribute to Dubai's allure as a global business destination:

1. Strategic Location

Situated between Europe, Asia, and Africa, Dubai serves as a gateway for international trade and business, making it an ideal place to buy commercial properties for sale in Dubai.

2. Business-Friendly Policies

The UAE offers numerous incentives, such as tax-free zones, 100% business ownership for foreign investors, and easy licensing procedures, attracting global entrepreneurs.

3. Thriving Economy

With a robust economy supported by tourism, trade, and technology, investing in Dubai’s commercial real estate ensures access to a growing and diverse customer base.

4. World-Class Infrastructure

Modern transit systems, iconic buildings, and state-of-the-art facilities are just a few examples of Dubai's well-known infrastructure, which raises the value of real estate for sale in the city.

Types of Commercial Properties Available in Dubai

1. Office Spaces

From high-rise towers in Downtown Dubai to flexible co-working spaces, there are numerous options to accommodate your business needs.

2. Retail Spaces

Dubai’s status as a shopping destination makes retail properties highly lucrative, particularly in areas like Dubai Mall and Business Bay.

3. Warehouses and Industrial Units

Ideal for businesses involved in manufacturing or logistics, these properties cater to Dubai’s growing trade and e-commerce sectors.

4. Hotels and Hospitality Ventures

Given the city’s booming tourism industry, investing in hospitality properties can yield excellent returns.

Advantages of Commercial Real Estate Investing in Dubai

1. High Return on Investment (ROI)

Dubai’s real estate market consistently offers strong ROI, particularly in commercial properties located in prime areas.

2. Diverse Opportunities

Whether you want to buy a retail space, invest in luxury office suites, or set up a hospitality business, Dubai’s market has it all.

3. Access to a Growing Population

The demand for residential and commercial real estate is being driven by Dubai's steadily growing population.

4. Real Estate Flexibility

As an entrepreneur, you can find properties for sale in Dubai tailored to various business models, from startups to large-scale enterprises.

Residential Opportunities to Complement Your Business

If you’re considering relocating to Dubai for business, explore the city’s exceptional residential options:

Luxury Houses for Sale in Dubai: Iconic villas and homes in exclusive neighborhoods like Emirates Hills and Palm Jumeirah.

Apartments for Sale in Dubai: Chic, modern apartments with world-class amenities in areas like Downtown Dubai and Dubai Marina.

Best Residential Projects in Dubai: Discover integrated communities offering both residential and commercial opportunities.

Living close to your business property not only saves time but also enhances your lifestyle.

How Tesla Properties Can Help

As a leading real estate company in Dubai UAE, Tesla Properties specializes in connecting entrepreneurs and investors with the best commercial and residential properties. Here’s how they can assist you:

Tailored Solutions: Personalized services to find properties aligned with your business goals.

Expert Guidance: Thorough understanding of the market to support your decision-making.

Diverse Portfolio: Access to the finest commercial properties for sale in Dubai, including premium office spaces and retail units.

Residential Options: Assistance with finding the perfect home, from apartments to luxury houses for sale in Dubai.

Real Estate Investment in Dubai: The Way Forward

Investing in Dubai's real estate market is a calculated step toward both personal and commercial success, not just a financial one. Whether you want to buy real estate in Dubai for commercial use or settle in one of the best residential projects in Dubai, the opportunities are endless.

With companies like Tesla Properties guiding your journey, finding the perfect property—be it a commercial space or a villa—is easier than ever. From commercial properties for sale in Dubai to Villas for Sale in Dubai, the city offers unmatched potential for entrepreneurs and investors alike. Are you prepared to investigate Dubai's booming real estate market? Visit Tesla Properties for the best deals on commercial and residential properties.

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dubaiblogger · 5 months ago

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#real estate company #property dealer #commercial property #dubairealestate #selling property #Residential and Commercial Property #dubai

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gpsmovers · 1 day ago

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How Profitable is a Moving Company?

Starting a moving company can be a good way to earn money. Many people need help to move their things when they shift homes or offices. If you manage the business properly, it can give you good income while keeping expenses low. For Moving Companies in Dubai, some factors can decide how much profit you can make.

1. Demand for Moving Services

Moving services are always needed. People shift homes for work, studies, or personal reasons. Sometimes, businesses also move their offices. This regular need makes the moving industry dependable. If your business is in a city where people often relocate, it has a better chance to succeed.

2. Startup Costs

Starting a moving company needs some money in the beginning. You will need trucks, moving tools, insurance, and licenses. A small company with one truck costs less to start than a big company with many trucks. If you spend money carefully and use resources smartly, you can start earning profits quickly.

3. Pricing Your Services

Setting the right price is important. If you charge too high, customers might choose competitors. If you charge too low, you may not cover your costs. Competitive pricing helps attract customers while ensuring you make a profit. Offering extra services like packing and unpacking can also increase your income.

4. Operational Costs

Running a moving company involves ongoing costs. These include fuel, maintenance, employee wages, and marketing. Keeping these costs under control will help your company stay profitable. Using fuel-efficient vehicles and training employees to work efficiently are good strategies.

5. Customer Satisfaction

Happy customers are key to a successful moving company. Satisfied clients are likely to recommend your services to others. Good reviews can bring in more business, reducing the need for expensive advertising. Providing excellent customer service and handling items carefully will build trust.

6. Seasonal Business

Moving is a seasonal business in many places. Most people move during the summer or at the end of the year. To remain profitable, a moving company must plan for slower seasons. Offering discounts or targeting businesses during these times can help maintain cash flow.

7. Expansion Opportunities

As your business grows, you can add more services to increase profits. For example, storage services, long-distance moves, or international relocation can attract new customers. Expanding your fleet and hiring more workers can also help your business handle larger jobs.

Why a Moving Company Can Be a Good Investment

High Demand People are always moving—whether it’s across town or to a new city. This creates a consistent demand for professional movers. Many customers prefer hiring a moving company instead of handling the stress of moving on their own.

Low Initial Costs Compared to other businesses, starting a moving company doesn’t require a huge upfront investment. You’ll need a reliable truck, basic equipment like dollies and straps, and a small team to start.

Flexibility Moving companies can cater to different types of customers. You can focus on residential moves, commercial relocations, or even offer specialized services like moving fragile items, pianos, or antiques.

Repeat Business If you provide excellent service, customers are likely to recommend your company to others. Real estate agents, property managers, and businesses can also refer clients to you, creating repeat opportunities.

Challenges to Consider

Competition Many cities have multiple moving companies. To stand out, you need to offer excellent customer service, competitive pricing, and reliable service.

Seasonal Demand The moving industry often experiences peak seasons, especially during summer and at the beginning or end of the year. During off-seasons, the business may slow down.

Physical and Financial Risks Moving heavy furniture can lead to injuries or damage to items. Additionally, maintaining vehicles and hiring skilled employees can be costly.

Licensing and Insurance You’ll need the right licenses and insurance to operate legally and protect your business. This can add to your initial and ongoing costs.

How to Succeed in the Moving Business

Focus on Customer Service Happy customers are your best advertisement. Train your team to be polite, professional, and careful with belongings.

Invest in Marketing Create a website, list your services online, and promote your business on social media. Positive reviews from past clients will help attract more customers.

Offer Additional Services Consider offering packing, unpacking, or storage services to increase your income.

#Professional Movers Dubai #Reliable Moving Companies in Dubai #Best Moving Services in Dubai #Dubai Relocation Experts #Affordable Movers in Dubai

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