http://almarjanisland.com/ 1-You can purchase ‘off plan’ property from a dealer Or through a ‘resale’ from a private dealer 2-A reservation fee draws up the Sales and Purchase 3-Agreement that seals the deal 4-For off plan property, the agreement must contain a completion date 5-For purchasing resale property, a Memorandum of 6- Understanding outlines the terms and conditions of the deal

2. Because of it’s great commercial value and
on-the-go competition, real estate
investment in Dubai can be a slightly
different business than investment in real
estate anywhere else in the world.
For investors in Dubai, here is how you
might go about finding some good deals:

3.  You can purchase ‘off plan’ property from a dealer
 Or through a ‘resale’ from a private dealer
 A reservation fee draws up the Sales and Purchase
Agreement that seals the deal
 For off plan property, the agreement must contain a
completion date
 For purchasing resale property, a Memorandum of
Understanding outlines the terms and conditions of the
deal

5.  Purchase property that is free of any debt or
liabilities
 Obtain an N.O.C. from the developer’s office

6.  Before purchasing, make sure you are pre
approved by your funding institution
 Know that there will be additional costs to
the purchase price of a property
 Make sure you have the funds to go through
a transaction

8.  Look at bulletin boards
 Local papers
 Legal section of the newspaper
 Small independent publications

9.  Ask them to give you a lead if they come across
property for sale
 Make sure you use everyone around you resourcefully
› Property managers based in Dubai
› Relocation services
› Moving companies
› Landlords
› Tenants
› The mailmen
› Gardeners
› Friends
› Acquaintances

11.  Join Dubai based organizations of all types
 Let yours fellows know that you will pay them
bounties for closed deals, if they have a role in
the deal
 Print quality business cards
 Give them out to everyone you meet, in stacks
 Post fliers plentifully
 Put up signs telling people that you buy real
estate

13.  Try offering 15% less on a property than you
actually intend on paying. You never know,
they might agree on it
 If they don’t, you can convince them to 15%
more and pay what you originally meant to

15.  When you approach real estate agents in
Dubai, be very specific about the property
you wish to buy
 Ask them to give you expired listings of the
property they couldn’t sell
 Make friends with local lenders all over
Dubai and ask them to drop a call if they
have a hot deal

16.  Help selling someone’s property within Dubai
for nothing in return
 This gesture will be remembered for a long
time
 Be very clear and open to sellers about the
kind of property you wish to buy

18. AlMarjan Island has served the likes of many
real estate investors. It is the kind of property
that is sure to grow in value and popularity in
the coming few years.
Investors better secure some property at
AlMarjan if they aim for excellent
investments with top notch facilities and
accommodations.

19. As a rule of thumb, remember
You make your profit when you buy, not
when you sell
We hope these tips help you buy below the
market real estate properties