What mistakes to avoid when looking for property developers in Dubai_ .docx

1. What mistakes to avoid when looking for property developers in Dubai? The property in Dubai is always changing and when you are looking forward to buy or rent a property, you should be double sure. One of the most crucial steps is choosing the right and effective property developer. A good developer is going to help you feel confident about your investment. But if you pick the wrong one, it can end up in problems for you. So, read on some mistakes you should not make when looking for a real estate property developer. Not evaluating the Developer’s Track Record One of the clearest and biggest mistakes is not simply checking the past work of the developer. Some people just look at the price or the advertisement and skip to see what the developer has done before. It is a big mistake because a developer having a good history will usually complete projects on time and even keep promises. But if you pick somebody with a poor track record, you may: - - - face delays low-quality work even unfinished buildings. What you can do is simply ask many projects they have finished. Visit some of their completed properties. Find out if those buildings still look strong and even well-managed. This is going to give you an idea of what to really expect. Dodging project Delivery Timelines It is also a mistake if you do not simply ask when the project will be completed or not checking if the timeline is realistic. It is a mistake because if a developer keeps delaying the handover, you may end up waiting for many years. Such a thing might mean paying extra rent or experiencing financial problems if you planned to move in by a particular time. What you can do is simply make sure you

2. ask for the delivery timeline in writing. Then simply compare it with other similar projects in the market. Be careful if the timeline appears to be short to be true, it might be a false promise just to get the booking. No understanding of Payment Plan Many buyers are there that make the mistake of agreeing to payment plans they do not fully understand. Some developers offer flexible plans, but the concealed terms can be confusing. It is a mistake because if you don’t know when and how much to pay, you might face surprises later. Late payments can simply lead to penalties or even cancellation of the booking. Make sure that you do read the payment schedule carefully. Check if there are any sort of hidden charges or extra fees. If something is not clear, you must ask questions or get legal advice before signing. Dodging Legal Approvals and Paperwork Some buyers skip to check if the property and the developer have proper approvals from the authorities in Dubai. It is an issue because without legal approvals, the project could be illegal or stopped midway. You might lose your money or even experience trouble later when trying to sell the property. What you can do is simply ask developer if the project gets approved by the correct government body. Make sure the land title and building permit are lawful. You can even check with official websites or property experts to check. Conclusion So, going for one of the top property developers in dubai is a big decision that demands your time and care. When you avoid the listed mistakes, you can choose wisely.