SPF Realty wins International Property Awards 2014 in 3 categories

SPF Realty, the leading real estate broker in the UAE's freehold property sector, has won the coveted International Property Awards 2014 in three categories in the Arabian region. The three categories that SPF Realty won the global awards include -- Highly commended Real Estate Agency, Highly commended Real Estate Agency Marketing (for Grand Views – Meydan) and Highly commended Real Estate Agency Website.

The International Property Awards are open to residential and commercial property business from around the globe. They celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry.

G&Co and SPF Realty extend partnership for the third project

Millennium Square, located in the heart of Meydan City, presents ultra-luxurious, semi-detached villas with the finest of exclusive suburban living.

SPF Realty, the leading real estate broker in the UAE’s freehold property sector, announced its exclusive endorsement by Meydan City developer G&Co for the third consecutive project -- Millennium Square, a brand new opulent residential community project within Meydan Development. This is in continuation of SPF Realty’s successful association with G&Co after receiving overwhelming response for the previous two projects – Dhs 1.5 billion Millennium Estates, and 2.7 billion Grand Views at Millennium Estates.

Dubai realty market attracts foreign buyers

Dubai has always been a major attraction to residential property buyers from all over the world because it has emerged as a major global metropolis and everyone wants to own a part of that. Buyers and investors from all over the world are increasingly taking interest to buy properties in Dubai.

Recent reports indicated that Indian property buyers topped the list of foreign property buyers in Dubai, followed by buyers from Pakistan and UK investing in the property market dominantly.

Dubai property market sees spike in demand for residences

The Dubai property market continues on its solid growth due to the increased confidence of buyers.

The luxury property segment is expected to see a surge throughout 2014, especially since many people believe that home prices will only continue to rise and, therefore, the homes they purchase now will be worth more in the future, again making real estate a “safe” investment option.

People from different parts of the world are moving to Dubai now, and new projects are coming up all over the city coupled with returning investor confidence.

Affordable housing an area of great potential

Major players in the housing and realty sector are now venturing into low-cost housing

The affordable housing segment has turned into a lucrative niche segment catering to the needs of the low and middle-income earners. Focusing more on innovation, technology, sustainability and affordability, this new trend would address the large and severely under served affordable home ownership market.

Ensure success as a real estate investor

If you want to expand your investment portfolio, learn the ways of real estate investing

Investors can profit from real estate, but achieving success in this competitive arena requires stronger strategies, perception and knowledge. There are certain characteristics that successful real estate investors possess in common.

Since real estate investment is a complicated field, considering the huge amount of money exchanged from hand-to-hand, it is a must to get advice from experts when somebody invests full-time or part time in the sector. 

Considerations in buying property for resale

It is essential to make sure transactions happens at the most opportune time 

The property resale market in Dubai is showing marginal growth as many of the new – build apartments and villas have come back to the market for resale. If the owner of a property decides to sell, it is essential to make sure the transaction happens at the most opportune time in the market. The investor might realize that holding out for improving prices is his/her best bet. There are many things to take into account when reselling properties in Dubai.

According to the Dubai Land Department (DLD), “In 2014, the total number of real estate transactions in Dubai exceeded AED 61 billion, an increase of 38 per cent compared to the previous year. It is quite conservative to estimate a doubling or trebling of residential property prices in Dubai by the year 2020. Developers are lunching several projects including luxury residential properties in line with Dubai’s strategies to become the world’s best tourism hub.”