Office for rent in Dubai? Dubai tourist attraction is one of the reason for the real estate boom in Dubai. Sheikh Saeed Al Maktoum was the Ruler of Dubai from 1921 to 1958 and grandfather to the current ruler. His former residence has been rebuilt and restored as a museum that is a fine example of Arabian architecture. The original house was built in 1896 by Sheikh Saeed’s father, so he could observe shipping activity from the balconies. It was demolished, but the current house was rebuilt next to the original site, staying true to the original model by incorporating carved teak doors, wooden lattice screens across the windows, and gypsum ventilation screens with floral and geometric designs. Thirty rooms are built around a central courtyard with wind-tower details on top. Inside are the exhibits of the Dubai Museum of Historical Photographs and Documents, with many wonderful old photographs of Dubai from the period between 1948 and 1953. The marine wing of the museum has photos of fishing, pearling, and boat building. Throughout the building there are many letters, maps, coins, and stamps on display showing the development of the Emirate.
Draining your savings. Spending all or most of their savings on the down payment and closing costs is one of the biggest first-time homebuyer mistakes, says Ed Conarchy, a mortgage planner and investment adviser at Cherry Creek Mortgage in Gurnee, Illinois. “Some people scrape all their money together to make the 20 percent down payment so they don’t have to pay for mortgage insurance, but they are picking the wrong poison because they are left with no savings at all,” Conarchy says. How this affects you: Homebuyers who put 20 percent or more down don’t have to pay for mortgage insurance when getting a conventional mortgage. That’s usually translated into substantial savings on the monthly mortgage payment. But it’s not worth the risk of living on the edge, Conarchy says. What to do instead: Aim to have three to six months of living expenses in an emergency fund. Paying mortgage insurance isn’t ideal, but depleting your emergency or retirement savings to make a large down payment is riskier.
Inspections: Walk through with the tenant, Full inventory of all assets in the property, Working with agents to enhance property’s appearance, Obtain bids for quotes and notify the owners prior to any major expenses regarding their property. Coordinate landscaping and gardening services. Detailed move in and Move out inspections. Discover more info at https://www.bpcareservices.ae/services/.
Dubai real estate trick of the day : After narrowing the search to 2 or 3 homes, your agent will do whatever research is necessary to aid you in making your decision. Ultimately, however, it is your decision. Some tools that can help you make that final decision include school reports (if you have or are planning on having children), statistical information from the local chamber of commerce, future zoning or road expansion from local planning offices, etc. Whatever the factors of importance are to you, have your agent help locate that information. Once you have selected a single home to focus on, your agent will conduct a comparative market analysis on that property. This involves determining “fair market value” by looking at what other buyers were willing to pay for properties similar to yours in the same neighborhood or area.
If you’re going to buy a house it makes a lot of sense to make sure that rush hour traffic isn’t unbearable. The last thing you want is to buy a home and find out that you’re going to be sitting in heavy traffic every day. Time is more valuable than money, you don’t want to spend your time in traffic – I know I don’t. You want to spend your time doing more important things like spending time with your family. We always recommend our buyers check out the commute to and work on different days just to make sure it’s something they are comfortable with.
Clients of BPSC know that they are in safe hands when they hire our services whenever they need property management Dubai. Karen brings to the table all her experience, knowledge and skills in property management. She is also loved by the clients for her honesty and transparency. They know that they will enjoy seamless property management services and get a higher yield from their properties. They also know that their properties will stay in top condition through timely repairs and frequent inspections. We are responsive and take responsible action. We say what we mean, we do what we say. Find additional info on furnished apartments Dubai.
