The Assets Advisors

5 Things to Look for When Buying a Vacation Home in Dubai Creek Harbour

  • Fawzi Hamze | The Assets Advisors Real Estate
  • 05/5/23

The glittering skyline of Dubai rivals the most iconic cities in the world. From the dizzying heights of the Burj Khalifa to the mesmerizing landscape and astonishing feats of architectural genius, this visionary city is one of the most coveted vacation destinations in the world. Dubai’s incredible landmarks, like the Dubai Mall, draw millions of international visitors each year, and the city’s opulent estates provide a luxe respite for celebrities and high-profile buyers.

The real estate market in Dubai is as breathtaking as the city itself. Sleek high-rises soar above the clouds, while masterfully planned communities offer every amenity and luxury you could possibly dream of. This market is a thrill ride of grandeur and elegance, but there are several factors to consider before choosing your perfect vacation home.

1. Location

As they say in real estate, location is everything, and Dubai doubles down on this adage. Dubai is a unique market, especially considering the careful planning and masterful design elements. But even though every corner of the city sparkles with luxury, certain communities may fit your needs better than others. Some areas of Dubai cater to families, offering gated communities and tranquil streets, while others showcase a vibrant nightlife of chic bistros and stylish clubs. The location you choose for your vacation home should be the place that offers optimum ease and unparalleled leisure for you and your family.

For example, you may desire a community containing every necessity and luxury of daily life, from a post office and florist, to posh shopping and world-class restaurants. Already home to 200,000 residents, Dubai Creek Harbour real estate is ideal for those seeking the benefits of a fully-inclusive community, as well as the high drama and architectural significance for which Dubai is known. Dubai Creek Harbour is 10 minutes away from the Dubai International Airport, and 10 minutes away from downtown. It is also home to the astonishing Dubai Creek Tower, a soaring structure set to loom even larger than the famed Burj Khalifa.

2. A top real estate agent

Dubai’s real estate market is a thrilling landscape of regal estates and contemporary condominiums. But while the city welcomes international buyers with open arms, purchasing real estate from across the globe can be a complex process. Working with a local real estate expert, one familiar with the technicalities of international financing, taxes, and the various markets within Dubai, benefits the buyer in several ways.

A reputable agent, especially one with a background in wealth management, can bring tremendous support and expertise to the property search and can guide the buyer to the ideal neighborhood and property. Realtors are exceptionally skilled negotiators, and working with a professional can make the property acquisition process smoother and more lucrative than attempting to fly solo. This is especially true for an international market like Dubai, where rules and regulations may differ from those to which you are accustomed. The market is highly competitive here, and working with a knowledgeable real estate agent ensures the greatest chance of securing the home of your dreams.

3. Property type

Once you have decided on a locale within the city, you can explore Dubai’s first-class properties. Dubai is home to some of the world’s most exquisite real estate. Buyers can find a wide range of properties, from sprawling estates to luxury condos for sale in Dubai Creek Harbour. When choosing, there are several factors to consider. How often will you travel to Dubai to enjoy your vacation home? How many family members and guests will you accommodate? What is your desired vacation experience?

For example, if you plan to invite guests to spend time with you throughout the year, a spacious, sleek condominium in a residential tower near Dubai Square may be perfect. With top-tier restaurants and luxe boutiques mere moments away, you and your guests will have your choice of establishments to frequent.

4. Lifestyle

Perhaps the most important question to ask yourself is what kind of lifestyle best suits your family. You may adore spending days out on the water or revel in taking your kids to the park for the afternoon. If nature is an important element in your daily life, consider a community committed to incorporating greenspace and wildlife into its design. The Dubai Creek Harbour housing market and town square are celebrated for their seamless integration of wild beauty and dazzling structures.

If shopping and fine dining appeal to you, search for homes near Dubai Square. Costing a whopping $5.5 billion USD to construct, and occupying 2.6 million square meters, this spectacular complex melds European elegance with the latest sartorial superstars to create a stunning global retail center and epicurean haven. A balmy climate and picturesque views make boating a favorite pastime in Dubai, and marinas dot most waterfront neighborhoods. If nautical life is a pleasure for your family, you may want to explore communities containing marinas and yacht clubs. Dubai’s commitment to greenspace is stellar, and neighborhoods often sport lush landscaping and pristine parks for residents to enjoy.

5. Finances

One of the most exceptional aspects of the Dubai real estate market is the city’s inclusivity of international buyers. Dubai also boasts not only an incredibly stable real estate market but, in fact, one that forecasts impressive returns on investment. This visionary city deals in cryptocurrency, meaning your options for financing your new home are multitudinous. Dubai’s market forecast is particularly appealing, especially considering the current global economic climate and currency opportunities.

Your real estate agent can help update you on Dubai’s purchasing guidelines, including how much to set aside for a down payment if you choose to finance your property with a mortgage. Dubai is a tax haven, and your agent can advise you on how this benefit may affect your purchasing power.

Interested in a Dubai vacation home? Work with Fawzi Hamze

If you are ready to find the Dubai vacation home of your dreams, contact luxury real estate agent Fawzi Hamze. A top Dubai Creek Harbour realtor, Fawzi is well-versed in cryptocurrencies and the technicalities of crypto investing, and clients praise his exemplary professionalism, his wealth of knowledge, and dedication. With a background in private banking and a close working relationship with Emaar Developments, Fawzi is the ideal choice to help you find your Dubai vacation home.

*Heade photo courtesy of Fawzi Hamze | The Assets Advisors Real Estate

Work With Fawzi

As your real estate agent, Fawzi Hamze is committed to making the home buying and selling process as smooth as possible. He will listen to your needs and criteria in finding you your “Dream House” and will be dedicated to keeping you informed throughout each step.

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