A Guide to Reselling Your Luxurious Property in Dubai

It is not so easy to sell your Luxury properties in Dubai as it looks. Yes it is profitable to sell properties with less tension but a seller needs to know when and whom to sell properties. It is important to look at the market demands and do proper planning to resell a house. But no need to worry beccase Dubai is among few cities in the world that offer good opportunities for both buyers and sellers. 

The common thing to find out is the pricing of the properties that are the same as the one that a seller wants to sell. Try to seek the help of a broker who has good hold in the property market of Dubai. It is also good to know about the rules set by the government and if there are any changes or not. Selling of properties can take time so no need to hurry or you may miss a good opportunity. 

Before selling a property make sure that it is in a better condition because when a person is looking to buy a property from the current owner of the property then he/she likes to see the house from inside to outside. So it is necessary to ready the house for a smooth resell and not to forget to beautify the main attraction and amenity of the property to highlight it to the buyer. Try to clean the house from unnecessary things and decorations. 

If you want to sell our house quickly in the market with less difficulties than put a price tag that is very attractive for the buyer. If required, be open for the negotiation then a lot of buyers will try to contact you to get a good offer and you can sell to the person who is offering a high price for your property. Hire a professional to make things more convenient who can appraise your property in the market and can grab better deals for you. 

In 2024 marketing has become a normal thing to do. Try to advertise your properties online and offline without spending too much. There are websites where you can list your properties for sales and some of them may allow you to list your house for sale for free. Take the help of the social media executives who will promote your property for sale on platforms like Facebook, Instagram, Youtube, or more. 

Another thing to take care of is the documentation of your properties. Try to ready your title deeds or verify your ownership title. Stay connected with the Dubai Land Department and seek help from them if needed. Keep all legal permits in order and hire a lawyer to close your deal without any difficulties. If everything goes smooth and according to plan then the seller can sell its property with 10 to 35 percent of profit and more if the property is luxurious and expensive. 

Buying and selling of properties in cities like Dubai is more active than other cities in the world because real estate is one of the main sectors in UAE that impacts the GDP. A large number of buyers are from other countries in the world so try to find a foreign buyer from countries like Europe, Russia, and India and tell them the benefit of less or no tax environment in Dubai. Properties built by top developers like Damac Properties and Emaar Properties are easy to sell and in good pricing both for seller and buyer.

2024 is becoming a very busy year in the property market of Dubai. The people who have bought properties in the past are now looking to sell it with a good profit of 10 to 30 percent. The reselling of properties can take time from 6 months to 12 months or more but the selling price will be much more so there is no need to worry a lot. The demand for houses in Dubai at any location is now increasing and top brokers are saying that it will rise till the last month of the year 2024.