In the UAE, refurbishment is increasingly becoming a viable option over new constructions due to cost considerations, sustainability practices, and new legislation. It requires less capital and can be completed quicker, offering a faster return on investment, particularly through savings in energy reductions by retrofitting efficient systems like air conditioning, crucial in the UAE’s climate.
Timing is crucial in property flipping. The Dubai market attracts many international investors, but it is subject to fluctuations. Expectations of a market correction should inform the timing of your investment. Additionally, be cautious when choosing a developer; large developers may offer strict payment plans that are not always favorable for quick flipping.
Discover the difference of partnering with a real estate agency that understands the global perspective.
Discover how to renovate for profit, engage in wholesaling, and acquire properties for rent.
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