A Big Dubai Property Market Raining Freebies

Tackling the prevailing slowdown in the market, real estate developers are now offering freebies and also flexible payment options to attract potential buyers. Many reports stating a decrease in the Q1 revenues of property developers have been surfacing lately and taking into consideration the new offers, it seems your developers are eventually rising up to manage the government’s cooling down measures Jumeirah Park for Rent.

Interestingly, their new methods are really attractive to both equally first-time and typical buyers.

Deyaar Development has recently announced a one-day purchase event on May 16, 2015. Only at that event, the developer promises to waive off the 4% Dubai Terrain Department (DLD) property registration fee for properties situated in its ready tasks in International Mass media Production Zone, Dubai Silicon Oasis and also Business Bay.

Not just that, the developer offers investors to pay only 5% down payment and get instalments for approximately five years. Apart from that, Deyaar also provides free property management for two years and possession on payment of 30% from the property value.

As if designers weren’t gutsy enough to go out of their way to help entice buyers, property brokerages are also entering the fray. Raine & Horne created something particularly attractive for luxury searchers. In its sales pitch, the property broker offered a guaranteed return of up to help 13% for five years as well as interest free check plans for five years plus a seven-day luxury continue to be at Anantara Luxury Resort annually, all on a purchase of your property unit within Anantara Residences with Palm Jumeirah Crescent.

Also, in a project put together by Aristocratic Star (Royal Estates) on Dubai Investment Park, investors are for sale residential units on a mere 10% downpayment with the remaining cost you be paid in instalments as little as AED 3, 600 monthly – extending to help 4. 5 several years.

Danube Properties alternatively is offering 1% monthly instalments on it is Glitz 3 podium in Dubai Business City. The developer involves the buyers to help book apartments on 10% downpayment and then pay 15% from the property value yearly 60 days. After that there are 25 instalments of 1% monthly till handover. The buyers is beneficial the remaining 50% from the property value through instalments of 1% monthly after possession.

With such offers prevailing on the market, I think now is the perfect time to buy in Dubai. Rush may be the word. What are your views?