Mubasher: As the process of buying and selling properties is one the most profitable investments, having enough qualifications and willingness to take risks is an indispensable asset for investors who aim to enjoy a feasible investment process, said the real estate expert and chairman of W Capital Real Estate Brokerage, Walid Al Zarooni.
Dubai has shown a diversity of highly interdependent investment opportunities, becoming the region’s top best real estate investment destination while being superior in many other sectors, including tourism, services, ports, and communications.
Here are the top ten motivators for new investors to consider opportunities in the real estate sector, as seen by Al Zarooni:
Great money saver
Investing in the real estate sector is the best haven for investors against financial and economic fluctuations, besides being ideal for preserving and allocating capital in the long term. However, it is advisable to look for a reputable developer and real estate broker, taking market supply and demand into consideration.
An extra way to make money
Representing a secured and fixed opportunity, investment in the real estate segment gives a chance to generate additional income for investors besides their basic one.
Resale
Ever rebuying a property for resale, the purchaser is expected not tor sell at a loss, provided that you choose the right location, developer, and project.
Timing
It is recommended to carefully choose the right time to buy a property; hence, the buyer is guaranteed to close a deal at an excellent price in a better location. "There are common points to pay attention to such as the bear or bull property market in the year you intend to buy, in addition to the accurate track of the real estate cycle."
Great diversity
Real estate investors enjoy numberless options regardless of their financial goals; this includes commercial real estate whether in industrial, retail, offices, or even parking spaces to residential property for rent, refurbishment, and sale.
Easy access to finance
Financing property investments is made easier as lenders tend to credit in residential property than any other asset class, as property assets guarantee higher values and lower interest rates than any other asset class.
Price elasticity
While negotiation is a principal in the buying and selling process, there lies a considerable scope for undervalued properties, such as a deceased person's property or a sale due to divorce.
A simpler purchasing process
Unlike in stocks and bonds, purchasing a property could be easily done without a need for an expert or a previous experience.
The market is stable
In contrast to other markets, the real estate market is the least volatile, thanks to the long span of time between property deals.
Security and safety
The security and safety of the real estate sector is a priority for every investor, as this property is often a home for himself and his family.
