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In recent times, Dubai has become one of the most profitable places for investors. The lenient and flexible real estate market has opened up the door for all investors. If you are looking to purchase three BHK apartments in Dubai, here are all the essential things you need to consider.
Here are all the best areas in Dubai, where you should buy a three-BHK apartment in Dubai:
Located in the centre of Dubai, it is considered the perfect area to buy an apartment. If you want you can even buy an apartment in the iconic Burj Khalifa, which is also located in Downtown Dubai.
There are many buildings and towers to choose from in Dubai Marina. The spectacular view of the marina attracts many investors who want to buy three BHK apartments in Dubai.
Popular for its lush green areas, buildings, townhouses and spacious villas, Jumeirah Village Circle offers world-class amenities and services. If you purchase a three-BHK apartment in the area, you do not have to worry about safety and security-related issues as it is one of the safest areas in Dubai.
If you ask any expatriates already living in Dubai, they would recommend buying an apartment in International City. Most of the expat property owners in Dubai live in the International City.
Here is a step-by-step guide on how to purchase a property in Dubai:
The primary stage of buying an apartment in Dubai is to determine what type of property you are interested in. It can be off-plan, ready-to-move or resale.
If you are an expatriate, there are various rules and regulations to determine your eligibility. You need to present your visa and passport to the authorities, to check if you are eligible to buy a property.
According to the regulations by the UAE government, only certified real estate agents can make real estate-related transactions in Dubai.
Arranging the finances is the most important part of this process. If you are buying the property on a loan, contact your bank for all the documents.
Once you have arranged your finances and all the legalities, submit them to an agent to complete the home-buying process.
Whether you are a UAE citizen or an expat, it is essential to know all the abovementioned things when buying a three BHK apartment in Dubai. Also, remember to hire a registered real estate agent and conduct your due diligence before buying a property.
The average cost of purchasing a three BHK apartment in Dubai is 3 Million to 10 Million AED.
Some of the most important factors to consider before purchasing a three-BHK apartment in Dubai are location, price, size, age, type of apartment etc.
There is no particular number of three BHK apartments an expatriate can buy in Dubai.
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