How to invest wisely in the Real Estate Sector of Ras al Khaimah

Manmade UAE Islands have become one of the most important investment avenues for foreign investors. If you are one of them and considering investing in UAE, it is important to follow these important rules to avoid unexpected surprises.

1. Approach a Good Realtor

It is imperative to get a good realtor with extensive knowledge in the market in which you are trying to invest. He or she will help you throughout the buying process and can recommend other professionals involved in the transaction. Buyers will not pay commissions to real estate agents; commissions are paid by the sellers, so take advantage of this free service for buyers.

2. Getting a Realtor with Experience

Before purchasing any property, it is important to meet with a property advisor with UAE experience. An experienced realtor will guide in the best possible way and help you investing in the right direction. Currently, there are many good names in the real estate industry in UAE and Ras al Khaimah who can assist you accordingly.

3. Consult with your accountant and real estate lawyer about the best structure under which to make buying property

The acquisition of real estate in a personal capacity is usually not the best structure for foreign investors, which is why it is important to talk with an accountant and attorney to learn and make what is best for you and what you are trying to achieve with the investment. Consider your specific needs exhibition of responsibility, anonymity, tax liability exposure in UAE.

4. Never give money deposit directly to the seller

No doubt it is a good faith to deposit the entire amount to show that you are serious about buying the property. There is no fixed amount but, in general, amounts of 1 to 3% of the sales price. This deposit should never give the seller directly. Be sure to place it in an escrow account with a real estate company in good standing, a company lawyer or a title company and also get a receipt (escrow letter). The buyer must not authorize the release of this deposit until the closing of the transaction is made.

If you are a foreign investor who is considering buying property in UAE Islands, my best advice is to advise the best professionals dealing in the real estate. A good property adviser will save you time, money, and most importantly, what will lead to a successful investment. 

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Investing in UAE Islands: An Ideal Future Investment

Private property in UAE Islands is the most important asset of many investors. Is it a good idea to concentrate its assets in such investment? Rising prices of private properties since mid-2000s has dangled the possibility of an interesting profit on resale.

Combined with many exciting opportunities these man mad islands attracts several investors to bet on a house, a villa or a luxury apartment as the main asset of investment. However, investors should avoid the costs of their home account too much weight in their budget, and especially that they should diversify their assets.

Do not forget, if the purpose of your investment is to give exposure to the property market as an alternative investment category, buying private property means that you invest in a single asset. It is as if I invested all my money in the stock of one company.

Many investors calculate the value of their investment by simply comparing the acquisition price and the selling price. According to many experts, this simplistic reasoning obscures many expenses that come encumber this profit, or even negate, such as brokerage fees on the acquisition and sale or renovations that we will have made over decades.

A "safe" investment

However, investing in a home continues to be popular because of two main reasons:

•      A sense of security when comparing the stability of property prices to the volatility of the stock market and     quality of life
•    An intangible asset that has tremendous value for buyers.

According to experts, prices of UAE Islands are already rising up and nothing indicates that the buyer faces a risk of selling at a loss. Property investment in UAE Islands also creates some leverage. It deplores the example of opportunity cost often given by financial planners. They compare the value of the house for 25 years or 30 years, to demonstrate that the investor would have done better to invest that money elsewhere.

Thus, the purchase of private property in man-made islands becomes a kind of future savings. When investing in mutual funds, you can sometimes skip a year or invest less, or disburse a sum to deal with unexpected or afford a vacation! The mortgage is forcing investors to be disciplined.

Real estate in UAE Islands accounts for about 60% of the value of assets, and these assets through time. Buying a property is favorably the best performing market investments. It has nonetheless undeniable advantages. Everything depends on whether one favors the maximum financial return, or rather the security and happiness of being master in his own.

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Why We Recommend to Invest in UAE Islands

UAE is a diverse expending economy that attracts local and foreign investors. Following Dubai’s economic model for real estate investment, other UAE states has also recognized the importance overwhelming demand for luxury beach houses, resorts, commercial high rise buildings and tourism, hence also investing heavily in UAEIslands.

Emirate states are also helping to fill the gap for the huge demand for commercial and residential property in UAE whilst compensating investors in comparison to Dubai’s inflated real estate sector. As a matter of fact, there are many good reasons to invest in these islands.

Advantages of Investing in UAE Islands:

The development potential and advantages of manmade Islands are numerous.

•       UAE boasts one of the most developed and investor friendly economies in the world. The new  development near Arabian Gulf is another opportunity for investors.
•          Ideal place for booming tourist industry in UAE
•          Attracting interests from investors across the world
•          Ideal opportunity to save money on soaring rental and property prices
•          Rapid and substantial increase
•           Absence of taxes and a low cost of living
•          Top quality construction of houses, villas, apartments and residential complexes.
•      In contrast with high volatile environment in Dubai, small investors have more choices to invest in other Emirate states, especially in the newly planted islands off the coast of Arabian Gulf.

Al Marjan Islands

Situated three miles off the coast of Ras Al Khaimah, Al Marjan islands offer an extraordinary opportunity to invest in the booming real estate. The swirls of sandy beaches, clean water, warm air and its private beaches make it a perfect candidate for future investment.

Here are some of the exciting features of this man-made wonder.

·         Accessible from land and sea
·         Unique architectural opportunities
·         Hotels, townhouses and much more
·         Four different parts that offers a unique environment
·         Natural stone breakwaters to enhance marine life growth
·         Ideal for outdoor enthusiasts
·         Al Marjan Islands is a chic and elegant place where all necessities of life are combined where you can spend the rest of your life.

Elevated from the blue waters of the Arabian Gulf, all UAE Islands reflect the natural beauty and symbolizes the local environment. These islands are famed as an outstanding feat of contemporary design and innovation. These manmade archipelagos are blended with pristine beaches and lush green patches. These islands are home to world’s most exquisite hotels, restaurants and famous tourist destinations on earth. 

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