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The best investment on earth is real estate. Many people can plan their investments for some time, picture their new house, but when it comes to actual investments they hesitate and don’t know whether to go for the ready unit or off plan project. For some people it can be a very difficult decision. To buy ready unit is easier as you can see and touch what you are paying for, but when it comes to long term investments it is like getting a cat in a bag. So what is the difference?

Ready Unit 

Ready unit is a property that has already been build and ready for people to move in. This unit can be furnished or unfurnished – depending on the developer. What can be better than having a ready house to move in with everything you need? But having a house is not the only thing people are thinking while investing into real estate. Return on investments plays not less important part than the view and location of the ready unit. Once you made an investment in real estate – you are thinking on how soon you can get return on your investments. One of the main downsides on investing in ready unit is that you will get small return on investments, comparing to off plan investments. Investment in ready unit is inherent for end users.

Off Plan 

When we are talking about an off plan property we imagine construction process on some stage and development of the nearby area or community. When investing in off-plan expect higher return on investments (ROI), comparing to the ready unit. What is more, you can resell your property once it is ready or even when it is still under construction and get profit. Off plan investments is for investors.

Benefits of investing in off plan 

If your main goal is profit, while investing into real estate market, off plan investment is the right decision for you. In order not to have any doubts and confusions between whether you should invest in ready unit or off plan project – it is important to know how you will benefit from an off plan investments.

1. Dubai laws and regulations

Dubai Land Department (DLD) and Real Estate Regulatory Authority (RERA) handles every property issues. The fact that your property and your rights are secured and supported by the governments gives more credits towards off plan. RERA and DLD have implemented strict rules and regulations to protect the rights of investors.

2. Price

If you compare off plan unit price and the price of a ready unit (even from the same developer and similar layout) you will see quite significant difference. Off plan units have a lot lower prices, in contrast to ready units which makes it easier to choose. What is more, easy payment plans can make you an owner of an off plan unit only by paying 5% of the total amount. Some developers offer even 1% down payment.

3. ROI

If you are thinking of a real estate as an investment – off plan is definitely should be your decision. Once off plan project is completed – prices of units go up. Some areas can offer even 10% – 12% ROI. Once you have a ready unit you can sell it and obtain quite imposing sum of money. Off plan is a long-term investment that will definitely result in profit.

Now when you have an idea and main difference between ready unit and off plan investment – it will be easier to make the right decision.

If you want to know more about latest Dubai real estate projects, about investment opportunities and Dubai real estate opportunities – contact Universal Prime Real Estate at 04 277 8034.

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One of the main goals of every property owner is to sell apartment for the best price and as in the shortest period of time as possible. In order to achieve aimed goal property owners try to get a consultation of property advisors and advertise their property, but all these efforts can bring not very fast results, if you want to sell apartment, urgently.

What are you trying to sell? 

The main reason is that property owners, while trying to sell apartment, concentrating more on the outside marketing and selling controls, forgetting the main point – they are trying to sell apartment, not location, or developer. To take care of the property and make sure that it looks attractive to a buyer is the key. No matter what you do, a great product will definitely find its buyer. So what are those points or implementations that can be done in order to make your property look like a palace and sell apartment fast?

Smart home features. Learning Thermostat. 

So how can a regular apartment be improved and transformed from “We will check other apartments as well”, into “What are the payment details? We want to buy this property”. The answer is simple – make this apartment your own home so that you would love to spend time there. This is the most important rule but not the only one. Smart home features will make your apartment a buyer’s dream. What can be used as smart home features?

Learning thermostat can be controlled by a smartphone, adjust to the owner’s daily routine and change apartment’s temperature accordingly. It can also sense whether there is someone at home or not and use less energy while no one is at home. The feature can really make a buyer’s ears perk up because in addition to its novelty, it could also save serious amount of money. It can lower an owner’s DEWA bills by up to 20%.

Lutron Caseta Wireless. 

Lutron Caseta Wireless is a great solution for those who don’t want to come back into a dark apartment. You can switch the light on by using your phone, control the position of the shades, and even the temperature.

A smart bulb.

A Pulse smart bulb may look as a usual bulb, at first, but it has its own uniqueness. Installed wireless speakers that can be controlled from the phone directly. Since more diverse smart features mean more selling points for homeowners, this could be a great investment for people looking to kill two birds with one stone. Usage of new technologies make you sell apartment within days.

Alarm System. 

People are travelling abroad a lot, that is why it is essential to know that your apartment is safe. In this case there is nothing better than alarm systems. New owners (after you sell apartment) will only appreciate that there is nothing to worry about, while they are away.  One Link security system includes everything from Wi-Fi smoke and monoxide alarms, smart watch, smart tracker (like keys), Wi-Fi safe and programmable thermostat. Another advantage is that all these items can be controlled via iPhone.

Dubai real estate market is a very competitive market. If you do not stand out and offer something different, unique, it will be quite difficult to sell apartment at the best possible price. By implementing this strategy and using all latest hi-tech gadgets your property will be on top of people’s search.

Want to know more on how to find a buyer for your property? Contact Universal Prime Real Estate and our property advisors will let you through any real estate question.

Universal Prime – A tradition of trust