GOLDMARK is the leading property consultancy in Dubai and Abu Dhabi. We understand that selling or buying a property can be an emotional and stressful process – that's why our team of experienced real estate consultants is here to help. They've got great market knowledge, so they know what properties are selling for and which ones aren't worth buying into. Our Consultants will make sure you get full value for your money – whether you're selling or buying!
Key aspects of a good property investment
Investing in property should be one of your key investment strategies, as it can be profitable and provide you with regular, passive income. However, investing in property is not without its challenges – buying the wrong home can lead to financial loss and emotional stress. If you are thinking of buying a new property or have already purchased one that's not performing well, consider these key aspects:
Know What You're Looking For
If you are considering buying a property as an investment, you must know what you want. If possible, try to find out what area of the market is popular at the moment and whether this matches your priorities.
You will also need to know how much money you can spend on a property. This is important because if your budget is too small then this might prevent you from buying a property in an ideal location or one with significant potential for growth in value over time.
Location, Location, Location
Location is key to a good investment. When you buy a property, it’s important to know where the property is located and what its immediate surroundings are like. Is it close to schools or public transport? How far away will you be from work or other amenities?
If you are considering buying an investment property, make sure that the area has long-term potential for growth and development. Look at demographic statistics, such as population growth in an area over time, and look at infrastructure improvements.
Do Your Homework And Avoid Buying On The Spur Of The Moment
If you’re serious about buying a property, make sure you do your homework. Look at the market, and assess what is selling for and what isn't. Research the area in which you are interested, who lives there, and why. You will also need to check out other factors such as access to transport links or local amenities such as schools, shops, and restaurants.
This research will help prevent you from buying on an impulse decision made without considering all the facts of your purchase.
Buy For Future Capital Growth
There are many reasons to buy a property, but if your goal is to make money from it, then you need to consider the long term. The best way to ensure that you'll have a profitable investment is by buying to sell at a profit in the future. This may involve renting out your property while waiting for capital growth or holding it as an investment while you live there yourself.
Buying in an area that is likely to increase in value over time is another key factor when investing in real estate.
Look For Good Rental Returns
One of the most important things to consider before purchasing a property is the rental returns—the amount of money you can expect to make per month. Rental returns are based on factors like location, size, and condition of the property.
Rental returns are calculated by taking into account all costs associated with owning your investment property and dividing that number by its gross annual rent.
Consider All Potential Costs
You should not just consider the monthly payment of your mortgage. There are other major expenses to consider, such as property taxes and insurance on top of regular maintenance and utilities. The cost of living in an area can also be quite high; if you plan to live in the property, this will affect your budget as well.
You should also take into account any extra services that you may need to operate your business successfully. Do you need a warehouse space? Will you need extra staff members? Paying for these things out of pocket can add up quickly!
Know How To Negotiate On Price And Conditions
Negotiating is a key part of property buying. You need to be prepared to walk away if there’s no agreement on price or conditions.
Before you start negotiating, have a clear idea of what it will take for you to buy at the price and terms available. This will help give you confidence in negotiations and help avoid unnecessary haggling later on.
Be prepared to walk away if you don’t get what you want, but don't go back with your tail between your legs!
What Makes Goldmark The Best Real Estate Agency in Dubai
We Hire The Best And Brightest in UAE
GOLDMARK is a trusted name in the UAE property market. We hire the best and brightest, who are experts in their fields and work closely with clients to understand their needs and requirements. Our team of experienced and knowledgeable Consultants helps you find the right solution for your property requirement.
We Are Here To Serve You, Not Just Sell You
At GOLDMARK, we are here to serve you. We know that buying or selling a home can be stressful and time-consuming, so our goal is to make the process as easy and convenient as possible.
We understand that all of our clients have different needs and budgets, which is why we always encourage our clients to be as involved in their own decisions as possible. Our team will work with you throughout each step of the process to ensure that your home purchase meets all of your requirements—and then some!
Our Consultants Are Aware Of Community Issues That Affect Your Property Value
GOLDMARK Property Consultants are aware of community issues that affect your property value. We are a locally owned, independent business and as such, we have a deep understanding of the local market conditions, trends, and real estate activities. Our job is to help you make informed decisions on buying or selling your home or investment property. We know what is happening in our community because we live here too.
You Can Count On Our Consultants To Be Up-Front, Honest And Transparent in Their Communication
Most real estate brokers in Dubai are not forthcoming with information, and they may not always be honest. This can cause problems when you need answers from your agent.
GOLDMARK Property Consultants have a reputation for being up-front and transparent in their communication with their clients. You can count on our consultants to be honest about what is going on around you at all times, and we will always provide accurate information to help you make the best decisions for your needs. They will also work hard to ensure that you receive all the details about each property on time so you can make an informed decision about whether or not it's right for your needs or budget.
Our Consultants Have Extensive Market Expertise To Help You Get Full Value For Your Property
We have extensive market expertise to help you get full value for your property. Our consultants know the market, have experience, and have access to data and information, which is essential when making an informed decision about selling or renting your property. We, as a reliable real estate company in Dubai, also have a network of industry contacts that can assist us with marketing your home most effectively.
GOLDMARK is here to help you with all of your property needs. Whether you’re buying, selling, or renting, we have the expertise to get you the most value for your investment. Our consultants are here every step of the way so that you can focus on other things in your life!
How To Make The Most Of Your First Homebuyer Experience?
Save Your Money
The first step in the process of buying a home is saving up enough money to cover closing costs and your down payment. You must have enough saved up before beginning this process so that you don't get caught off guard by any unexpected expenses.
Find The Right Agent
Once you've decided to buy a home, you'll want to hire an agent who is not just a real estate agent, but also a financial advisor. Your agent will be able to help you find a home that suits your needs and is within your budget. They’ll also work with other professionals in the industry to secure financing for the purchase of your new home.
Get Pre-Approved For A Mortgage (If Required)
You may have heard the term “pre-approval” used for mortgages and wondered what it means. A pre-approval letter is essentially a sign of good faith from a lender that they will lend you money, assuming all goes well with the loan process.
The process of getting pre-approved for a mortgage involves submitting personal financial information to your lender so that they can determine how much money you can borrow and what rate you should get based on your credit score and other factors.
It's important not only because it gives you an idea of how much house you can afford but also because it helps protect both parties involved in purchasing a home—the borrower (you) and the lender (the bank).
Research The Housing Market in Your Area
Researching the housing market in your area is an important part of the home-buying process. You'll want to look at how much homes are selling for, as well as what they're like and what they have that others don't.
There are many ways you can find out about the housing market in your area. You could ask friends and family where they live or work.
Goldmark is Here To Help You
At Goldmark, we have qualified real estate agents in Dubai who have years of experience. We are always striving to employ the top and most qualified professionals in the industry to help our clients find and rent the perfect place. Goldmark property management consultants have extensive knowledge of all things property management and are more than capable of finding you the best vacancy possible.
Buyers and tenants one stop portal to browse all the latest and prestigious availability for luxury apartments and houses for rent and sale in Dubai property market. Also, we provide professional consulation and valuation for sellers and landlords property - matching it to the right buyers or tenants in an efficient and effective manner.