Category Archives: Real Estate Marketing

Is buying a house in Dubai just a click away?

An Interview with Realtor Mr. Muhammad Aziz, CEO for 7Skys Real Estate
By Anitha Lakshminarayanan

Can you do real estate transactions remotely?
Imagine you live in London or Canada, or elsewhere in the world. And you want to buy a home in Dubai, and you start searching online for houses for sale in Dubai. And find a home online. Shop for it, and there you go- you got a brand new villa or an apartment in the UAE, just like that.
Well, this is a reality! Not just a dream

In Conversation with Mr. Muhammad Azizi Cheif, Executive officer for 7Skys Real Estate

In an exclusive interview with Emirates Property magazine, Mr. Muhammad Azizi, CEO for 7Skys Real Estate https://sevenskys.ae/ chats about the current real estate market and its operations here.7Skys Real Estate is an authorized agent for Dubai Properties, Meraas Holding, Nakheel, Nshama, Danube Home, and Omniyat.

Dubai Land Department’s fresh approach to real estate transactions

Dubai Land Department introduced a new system in May to make it convenient for property owners and sellers. Wherein property buyers and sellers can carry out transactions remotely.
https://dubailand.gov.ae/en/news-media/dubai-land-department-introduces-remote-property-registration-system/#/
This system allows direct transactions between the sellers and buyers via audio-visual communication.
This year alone, Dubai Land Department, along with the Real Estate Trustee unit, processed more than 3000 transactions.
Mr.Azizi said, “Despite the post-co-vid anxiety, the property market in Dubai has recorded more transactions this year, which is very encouraging and motivating for entrepreneurs like us.
And this is, due to the government’s initiative, to simplify real estate operations. For example, earlier, we have to visit, Dubai Land Department’s office in Deira to buy a home in Dubai, and due to the crowd present there, you have to wait in a queue to book a house in Dubai. Now, all you have to do is click the link DLD’s officials send for a video call, and after the video call. You can complete your property transaction and own that villa or apartment”.

Here go the steps for buying or selling a house in Dubai remotely:

Mr.Muhammad added further, “If I explain it also, you can be anywhere in the world and browse the sale of properties or properties for sale in Dubai:
1) After you find a house for sale in Dubai online
2) The next step would be to contact the real estate agent.
3)After that, the real estate agent will liaise. With an office in the land department to check for availability.
4) If an approved property, the official from DLD, will send you a video calling link.
5) Both of you will meet virtually. On a video call and congratulations, you are now a property owner in Dubai and the United Arab Emirates”.
6) Also, you can sell your home in Dubai. For instance, due to post-covid travel restrictions, if you get stuck in some other country and cannot travel to the UAE. Real estate authorities here offer their support by making it convenient for homeowners to sell their properties. Even if they are staying in the United Kingdom or any other place.
This is an exciting move, from the government, which can be really useful. As the world is seeing, remarkable changes, post covid, and online marketing, and e-commerce businesses are in”.

More and More people are searching online for buying homes.

“The current property market emphasizes more on marketing properties online. So we would like to focus more on digital marketing. Still, we also believe that keeping in touch with our clients and listening to their problems and offering solutions. And approaching them one on one basis has been our motto. And will remain as our forte in the future,” concluded Mr. Muhammad.

Top reasons why residents are ready to move

By Anitha Lakshminarayanan

As the real estate markets soften in Dubai, Many residents are willing to explore and   shift to another community within Dubai and here are the top reasons:

  • The Primary reason being – falling of rents, which will allow them to live in bigger size homes than before.
  • Not only a better quality of living, but expats also preferred to relocate to reduce their time spent on commuting, particularly while enduring traffic. And so, they changed their house to a place that was close to their office.
  • Another reason for moving was because of the landlords, who want to sell their property and also due to maintenance issues.

What do experts feel

Many top property experts commented that “Many are shifting from Palm Jumeirah, and Springs to locations such as Nshama and Mira as the rents are 20-30 per cent cheaper in these places”.

As per a recent study by Service Market

61.4% moved to bigger houses, while 23.4% moved into a house of the same size and only 16.2 per cent downsized.

And the top trend in the move-in market segment

Business Bay is the trending area, particularly when it comes to the move-in market segment

Top 10 insights on why it is important to buy a home in Dubai?

By Anitha Lakshminarayanan

Why should you buy a home in Dubai, and before I begin to elucidate the top insights about the market, it reminds me of a small story, Last week my friend Sheba and I were sitting on my balcony and chatting. Sheba was winding up and going back to India and she felt that she could’ve bought a home here that could give her rental returns even if she got back to her heritage, and wanted to live there. Sheba’s story stimulated me too and I was wondering whether to buy a home in Dubai and here a few facts to ponder over:

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It’s a buyer’s market

  • Although it’s a buyer’s market right now, the rental market is very competitive. In spite of the fact that it is saturated with supply and new projects to be handed over. The current regulations help in controlling the supply further.
  • Most of the realtors feel that it is encouraging to see heavy transactions in Q4 2017 and that is a good sign so far.
  • For that matter, any property investment is long term and if you wait for a long-term, you are definitely going to yield returns and the best returns are in Dubai Silicon Oasis, Dubai International City, Dubai Sports City, Dubai Investment Park and Al Furjan

Renter’s market

  • Since it’s a renters market, it is also ideal to invest in prime locations now such as Jumeirah Lake Towers, Dubai Marina, and Jumeirah Beach Residence

 Dubai land prices up by 2.7 %

  • The prices are reasonable, especially in Dubai land where the apartment prices are actually up by 2.7 % from a year ago, In addition to Dubailand, Dubai Sports city continues to do well too as several projects are getting completed there.

So Dubai market is all about yield and capital returns whereas in other markets, Hong Kong, London, New York, it’s all about capital appreciation. If you look at net yields in Dubai, you can get 5-10%, implying a payback period of 10-20 years.

If you would like to place banner ads on this blog, PR copywriting for your real estate business or blog posts and articles and copywriting help such as direct mail, Radio Ads, then please contact Anitha Lakshminarayanan a freelance journalist cum writer at 050-1845628 or 050-4627856