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In a world where each day brings new advancements and changes in the way we live, it’s easy to get caught up in the whirlwind and lose sight of the wake we leave behind.

It’s as if we’ve been so focused on progress that we’ve unintentionally brushed aside the consequences our actions have on the environment. One such consequence that demands our immediate attention is the alarming rise in CO2 emission from air travel.

The escalating CO2 emissions have far-reaching implications for the world we call home. These emissions contribute to the greenhouse effect, leading to global warming and climate change. The resultant consequences, from extreme weather events to rising sea level and habitat loss, affect not only the environment, but also our communities and livelihoods.

Now is the time to pause, reflect and reconsider our choices. We must take deliberate action to make sure that our relentless journey towards progress doesn’t come at the irreversible cost of our environment. Even if environmental concerns have never been at the forefront of our minds, it’s high time we start thinking about the profound impact our actions have on the world we inhabit.

It’s not just about saving the planet; it’s about securing a sustainable and habitable future for ourselves and generations to come.

Environmental Impact of Traditional Property Investment

When we think about property investment, it often conjures images of jet-setting to picturesque destinations in search of the perfect investment opportunity. However, this jet-setting comes at a steep environmental cost.

Did you know that a single round-trip flight between New York and Dubai can generate as much carbon emissions as the average car emits in a whole year? In fact, air travel is responsible for approximately 2.5% of global carbon dioxide emissions, a figure that might seem small but has substantial implications for our planet.

The Magnetic Pull of Dubai’s Real Estate Properties

Dubai is rapidly becoming one of the most attractive property investment destinations in the world. Wondering why?

Strong Economy

Dubai’s strong and stable economy is a major factor in its attractiveness as a property investment location. The city’s GDP grew by 3.8% in 2022, and this growth is expected to continue in the coming years. This makes investing in Dubai a safe and secure choice.

Attractive Rental Yields

Dubai has some of the highest rental yields in the world, averaging around 6-8%. This shows that investors can make a good profit from their investment property through rental income.

Rising Property Prices

Dubai has seen a consistent and promising uptick in property prices over the years, and all indications point to this upward trajectory persisting. This presents a fantastic opportunity for investors, especially those venturing into off-plan properties.

Firstly, it means a steady source of rental income from residential properties in Dubai. Secondly, and perhaps even more enticingly, there’s the promise of significant capital gain down the road.

Off-plan investments are poised to reap the rewards of this appreciating market. As property prices in Dubai continue their ascent, those who wisely invest in off-plan projects can look forward to substantial returns on their investments in the future. It’s an exciting prospect for anyone looking to grow their wealth in this thriving market.

Diversification

Investing in Dubai real estate properties offers investors a chance to diversify their property investments. With a different market from other major markets like London, New York, and Hong Kong, investing in Dubai can help balance the portfolio while adding global exposure.

Environmental Toll of Traveling to Dubai for Property Investment

But here’s where the dilemma lies: Many of these investors think they must travel vast distances to physically assess investment properties in Dubai. Long-haul flights from major business hubs like London, New York, and Hong Kong to Dubai release a significant amount of carbon dioxide into the atmosphere. When multiplied by the sheer number of investors making these trips, the collective impact becomes undeniable.

For instance, a flight from London to Dubai emits roughly 1.67 metric tons of CO2 per passenger. Now, multiply that by the thousands of property investors making similar journeys annually. The result is an alarming carbon footprint that poses a threat to our environment.

Why Travel to Dubai for Off-Plan Investments When There’s a Better Way?

If you stop to think about it, off-plan property investment doesn’t necessarily require you to make the journey to Dubai solely to view project models in a showroom. After all, new or under-construction properties don’t have much physical presence to showcase. So, you might naturally wonder, “Why do I need to go there just to see something that isn’t even there yet?”

You don’t have to go on these trips yourself. What you truly need is a trustworthy partner who can provide you with accurate information about the investment opportunity and expertly handle the entire process on your behalf. This is precisely where Asette excels, making your property investment journey in Dubai hassle-free.

We understand the importance of responsible investing. Our approach is simple yet revolutionary: we’ve harnessed technology to connect you with Dubai’s property market while minimizing your impact on the environment.

Tailored Recommendations to Suit You

We understand that every investor is unique. That’s why we offer personalized property recommendations that align with your preferences and requirements. Your investment journey is a reflection of your individual goals, and we’re dedicated to tailoring our approach to ensure your path is uniquely yours.

Trust in Quality Developers

We expand our portfolio to include developers who have undergone rigorous assessment and vetting, ensuring that we secure the finest investments in the market. Investing, much like constructing a house of cards, demands a solid foundation.

Our partnerships exclusively involve Dubai’s most esteemed developers, guaranteeing that the properties we offer are established on a bedrock of trustworthiness and unparalleled quality.

We acknowledge that when you choose us, you’re placing your trust in us as your reliable partner. Therefore, we are committed to presenting you with nothing less than the best.

Simplicity at Your Fingertips

Have you ever felt like you’re piecing together a jigsaw puzzle when browsing property websites? The real estate landscape can be overwhelming, with multiple property portals, numerous brokers, and often inconsistent information. It’s easy to get lost in the shuffle, making it challenging to identify the right investment opportunity.

Asette understands the frustrations and complexities that investors face in this crowded space. Our goal is to provide a streamlined and straightforward experience, all within a user-friendly platform. We recognize that investors require reliable data and information to make informed decisions, and we strive to be the trusted source that connects you with your investment aspirations.

When you land on our platform, you’ll notice the difference right away. We’ve organized everything thoughtfully, so you can easily find what you’re looking for. No more endless scrolling or digging around for important details.

Complete Property Details for Full Clarity

We provide you with all the property details, enabling you to be fully informed before taking the next step.

By providing all the property details, we’re not just sharing information; we’re building trust. We believe that when you have all the facts, you’re in a better position to make choices that align with your investment goals.

Easy Account Setup

Starting your investment journey should be exciting and stress-free. That’s precisely why we’ve streamlined our account setup process – to make it smooth and straightforward.

In just a few easy steps, you’ll have your account up and running, ready to dive into the world of investment. Our aim is to save you time and remove unnecessary complications, allowing you to concentrate on what truly matters – making well-informed investment choices.

Support that Knows No Boundaries

Distance is no barrier to our support. Rest assured, our dedicated team of advisors is always here for you. Whether you’re a newcomer or an experienced investor, we’re just a message or call away, ready to provide you with the support and guidance you need.

Your questions and concerns are our priority, and we’re committed to being your reliable source of assistance throughout your remote investment journey.

Asette’s Revolutionary Approach to Dubai’s Property Investment

As the world continues to evolve, so does the way we invest. Asette is spearheading a revolution in Dubai’s property investment landscape. We’re all about putting the power in your hands, so you can make independent investment decisions without the need for brokers or other third parties. No matter where you are in the world, our dedicated team is here for you around the clock, providing the support you need to invest and diversify your portfolio with confidence.

Together, we’re not just investing; we’re shaping a future where progress and responsibility coexist harmoniously, guided by Asette’s commitment to excellence!

Dubai is a place of constant wonder, with its towering skyscrapers that touch the sky and islands shaped like palm trees. But this magic isn’t just for those seeking a new home; it’s captivating the interest of more and more investors who are excited to dive into Dubai’s real estate market.

If the thought of investing in Dubai’s real estate has crossed your mind, you are on the brink of an exciting journey into a world of opportunity and potential prosperity.

We’re going to discuss everything you need to know – from the reasons why investing in Dubai real estate is a lucrative option to discovering the finest properties to enhance your investment portfolio.

Investing in Dubai Real Estate: Is It Possible Without Being There?

You might be thinking, “Can I actually invest in Dubai?” Well, in May 2020, the Dubai Land Department (DLD) took a proactive stance to make investing in Dubai’s real estate simple and within reach, regardless of your location.

Fueled by the effects of the COVID-19 pandemic, a major transformation took place. What started as a response to the pandemic turned into a revolution in the way we invest in real estate. The game-changing move? Introducing online services for real estate transactions.

This means you can now buy or sell property in Dubai without having to be physically present there. This convenient approach lets you manage real estate matters from wherever you are.

Now, let’s talk about where you can invest. Foreign investors have the green light to purchase property in specific areas designated for foreign ownership.

These spots were determined by the ruler of the Emirate of Dubai. They include places like the Palm Jumeirah, Downtown Dubai, Dubai Marina and many more. These are the vibrant hubs where you can make your real estate dreams come true.

Why Invest in Dubai Real Estate? Here’s What You Need to Know

If you’re considering investing in real estate, Dubai offers compelling reasons to put it on your radar. Let’s break down the key factors that make Dubai an attractive destination for real estate investment.

Robust Economy, Safe Investment

When it comes to investing, Dubai’s strength shines through its steady and robust economy. In fact, the city experienced a notable 3.8% increase in its Gross Domestic Product (GDP) in 2022.

This economic resilience isn’t just numbers on paper; it translates into a dependable and secure setting for your investment.

Booming Population, Rising Demand

Major international companies are strengthening their operations in Dubai due to the region’s robust economy and strategic location. This influx of global businesses has led to a growing expatriate and tourist population in Dubai, contributing to the city’s charm and vitality.

As a result, the demand for residential properties in Dubai is on the rise, driven by the need to accommodate this diverse and cosmopolitan population.This surge in residents, including expatriates and tourists, means that the need for residential properties in Dubai is increasing.

And where there’s demand, there’s potential for your investment to shine. As more people look for homes, property prices can climb, giving you the chance to see meaningful returns on your investment.

Tax Benefits, More Returns

In Dubai, taxes won’t be a worry for your investment. Here, you won’t have to deal with income taxes, property taxes, or capital gains taxes. That means more of your investment returns stay right where they belong: with you.

This tax-friendly atmosphere can make a significant difference in boosting the returns you reap from your investment.

Lucrative Rental Yields

Investing in Dubai’s real estate can lead to great income potential. Normally, rental yields here are between 6% and 8%. What does that mean? Well, it means your investment properties in Dubai have the potential to make you a solid income over time.

Investing in Dubai Real Estate Online

The idea of investing in real estate from afar might sound complicated, especially when it comes to big cities like Dubai. But you can count on us to be here, guiding you through every stage. Asette has created a user-friendly process that makes buying property in Dubai as a foreigner a breeze, even if you’re not physically present.

Asette: Your Reliable Partner for Online Property Investment in Dubai

When you’re not physically present in Dubai, getting into real estate investing can seem like a puzzle. You need a reliable partner who knows the ropes and can guide you through every step. Plus, you want an online platform where you can find all the information you need without any hassle.

Asette is your answer to effortless Dubai real estate investment. We understand the challenges you face, and we’re here to simplify everything for you.

Simple Steps: We’ve made the whole process of buying property in Dubai really easy. No matter where you are, you can navigate through each step easily, from exploring property options to finalizing the transaction, all at your convenience.

Experts on Your Side: Our team knows Dubai real estate inside and out. They’ll be by your side every step of the way, ensuring you’re in capable hands throughout the journey.

Online Platform: Our website contains all the important information about off-plan properties for sale in Dubai. You can easily find everything you need in one place – listings, market insights and more.

Asette’s Step-by-Step Dubai Investment Journey

Create Your Investor Profile

To get started, set up your investor profile by sharing relevant information about yourself. This includes your preferences, goals and investment criteria. By understanding your unique needs, we can tailor our services to exactly match what you’re looking for.

Specify Your Requirements

Tell us what you’re seeking in a property. Whether it’s a specific location, size, amenities, or budget, your preferences are key. Our advanced AI-driven software takes these details into account to present you with personalized property matches that fit your criteria.

Access Detailed Information

Once you receive property matches, you’ll have the opportunity to look into the specifics of each option. Our platform provides detailed information about Dubai real estate projects. This comprehensive insight helps you make well-informed decisions about which properties align best with your investment goals and preferences.

Market Analysis

Our automated market analyzer provides you with essential investment metrics and calculations about real estate projects in Dubai.

This feature equips you with insights into current market trends, property value projections, and rental income potential. Armed with this information, you can make investment choices that align perfectly with your financial goals.

Decision Time

When you’ve discovered the property that resonates with your investment vision, it’s time to take the next step. Our experienced team steps in to handle the intricate aspects of the process.

Invest with Confidence!

At Asette, we understand the unique challenges of investing from a distance. We aim to make the process as straightforward and fruitful as possible.

With our expert guidance, reliable online platform, and personalized approach, you can confidently invest in Dubai real estate, knowing that you’re making the right choices for a promising return on investment.

Get in touch with our team today and start your Dubai real estate journey with Asette by your side!

Many of us are familiar with the age-old mantra of real estate: “location, location, location.” However, there’s a lesser-known secret that many investors haven’t tapped into yet — the simplicity of investing in real estate in different cities.

The concept of remote real estate investing empowers you to break free from the constraints of your local market. It opens doors to owning properties in regions brimming with potential and offering greater returns on investment.

In this piece, we’ll discuss the details of remote investment in Dubai real estate properties, explore the driving forces behind its expanding popularity and provide you with invaluable pointers to ensure your success in this venture.

What is Remote Real Estate Investing?

Imagine remote real estate investing as a parallel to the booming trend of working from home that we witness today. Just as you can now work effectively outside the confines of a traditional office, you’re no longer confined to purchasing real estate exclusively within your own city.

Thanks to the concept of remote real estate investing, the necessity of sticking to your local market has been overturned. This opens up a world of possibilities, meaning you no longer need to limit your real estate investments to your immediate surroundings.

Instead, you can explore and tap into potentially more lucrative opportunities that extend beyond the boundaries of your own city, even reaching the vibrant real estate landscape of Dubai.

Why Should Dubai Real Estate Be on Your Investment Radar?

Strategic Location

Dubai’s geographic location places it at the crossroads of major international markets. With flight times as convenient as a 3-hour and 45-minute journey from India, approximately 6 hours and 15 minutes from the UK, and just 2 hours and 15 minutes from Saudi Arabia, Dubai’s accessibility underscores its status as a global hub. Its connectivity opens up avenues for real estate investments that can yield substantial returns.

Steady Economic Growth

Dubai’s economy has consistently shown robust growth over the years. With a focus on diversification and innovation, the city has managed to weather various economic storms.

Dubai’s remarkable economic performance has translated into significant gains for real estate investors. The average annual growth rate in the real estate market stood at an impressive 9.5% from 2012 to 2022, showcasing the city’s ability to generate consistent returns for those who choose to invest in its burgeoning real estate sector.

Thriving Tourism

Dubai is a globally renowned tourist destination, attracting millions of visitors each year. In the first quarter of 2023 alone, the city rolled out the welcome mat for a whopping 4.67 million international overnight visitors – an impressive 17% increase compared to the previous year’s 3.97 million.

With such a massive influx of tourists, the demand for accommodations in Dubai, both short-term and long-term, remains consistently high. This translates to a steady demand for rental properties in Dubai, offering investors a reliable income stream.

Tax Advantages

One of Dubai’s most appealing aspects is its favorable tax regime. The absence of income tax and capital gains tax can significantly boost your investment’s overall profitability.

Rental Yields

The rental yields in Dubai stand out as a lucrative opportunity for real estate investors when compared to many other global cities. In 2023, while cities like New York offer rental yields at 4.48%, Toronto at 3.93%, Milan at 3.46%, and Berlin at 3.43%, Dubai boasts an impressive rental yield of 5.38%.

This high yield, coupled with the potential for property value appreciation, presents a compelling opportunity for real estate investors. Dubai’s thriving real estate market offers a chance to secure stable income and capitalize on future growth.

Considering Remote Real Estate Investment? Here’s Your Winning Strategy.

The main thing to keep in mind is that real estate revolves around relationships and knowledge. When it comes to investing in Dubai real estate, it’s crucial to remember that success hinges on relationships, knowledge, and unbiased information. In this dynamic market, having access to accurate data and the ability to make informed, individual decisions are paramount to making the right investment choices. These principles will help you identify the ideal market for your investment, so that you make well-informed decisions that align with your financial goals.

After pinpointing the ideal markets for your remote investment ventures, the next step involves finding a trustworthy online platform or an unbiased company to buy property in the UAE that doesn’t prioritize commissions over your interests.

What you need is a partner genuinely dedicated to the success of your investment, one that cares about maximizing your ROI. Since you won’t be physically present to oversee matters, it’s essential to locate a trustworthy property investment portal or company like Asette that you can wholeheartedly rely on.

Your subsequent move is to familiarize yourself with the factors that should influence your investment decisions. Every time a promising deal arises, perform a comprehensive market research. This diligence is vital in order to ensure you stay compliant with the legalities and avoid any unintentional breaches.

When you’ve reached the stage where you’re ready to make a purchase, dedicate time to thoroughly review all the essential documents. This includes carefully scrutinizing agreements, payment options and any other pertinent details. This meticulous review process helps ensure that you’re entering into the investment fully informed and aware of the specifics.

How Can Asette Make Your Remote Real Estate Investment Journey Smoother?

Remote real estate investment might sound challenging, but with the right partner, it can be a seamless experience. Asette is here to guide you through investing in Dubai’s real estate market, offering expert assistance and a user-friendly platform.

Guidance on the Purchase Process

Investing in real estate, particularly when doing so remotely, entails navigating a multifaceted process that encompasses various steps, fees, and considerations—especially if you’re a foreign buyer. Understanding this intricate purchase process is paramount to making well-informed decisions. At Asette, we are committed to equipping you with the knowledge and support you need to embark on your real estate investment journey in Dubai with confidence.

Intuitive Platform Navigation for Effortless Exploration

Our investment portal is designed to be user-friendly and intuitive. You can easily navigate through the platform, without getting lost in complicated menus or confusing options. This allows you to focus on exploring and finding the perfect investment properties in Dubai.

The Best Off-Plan Properties from Renowned Developers

With Asette, you gain access to the top off-plan properties in Dubai. Our selection is carefully curated from well-established developers that have a track record of quality and reliability. This guarantees that you’re presented with choices that perfectly match your investment aspirations.

Quick and Easy Account Setup

Creating an account with Asette is quick and hassle-free. We have streamlined the process to minimize any delays, enabling you to dive into the world of Dubai real estate investment without wasting time.

Instant Market Analysis for Strategic Insights

Our automated market analyzer offers essential investment metrics and calculations in an instant. This tool helps you assess the potential of each investment opportunity, guiding you towards the most promising prospects.

Personalized Matches Tailored to Your Goals

At Asette, we understand that your investment goals are unique. That’s why we offer personalized property investment matches and related investment analysis that align with your preferences and objectives. We make sure that you receive options that resonate with you.

Comprehensive Property Information at Your Fingertips

Transparency is key, and we believe in providing you with detailed information about each recommended property. This comprehensive data empowers you to thoroughly evaluate properties before making a decision.

Data-Driven Insights Through Advanced Analysis

Asette utilizes advanced data analysis techniques to provide you with essential information regarding the properties you are interested in for your investment. We make sure you have the relevant information you need to make an informed decision.

Expert Advisors at Your Service

We understand that you may have questions or need guidance throughout your investment journey. Our team of expert advisors is always available to assist you. Whether you need clarification on a property or want more details, we’re here to provide personalized support.

We understand that diving into property investment is a major decision, and when you’re taking that step from afar, the stakes can feel even higher. We’re here to break down the complexities of remote investment and guide you through it step by step.

We’ll guide you through the intricacies, offer expert support, and provide a platform that streamlines the path ahead. With Asette, you’re not taking this journey alone; we’re here to support you every step of the way!

Investing in off-plan properties in Dubai offers an exciting opportunity for individuals seeking to secure their future in the thriving real estate market. However, it’s essential to understand the rights of cancellation that both investors and property developers have in this process. 

In this article, we will explore the existing off-plan laws in Dubai and shed light on the various scenarios based on the percentage of project completion.  

Understanding the Off-Plan Laws in Dubai

Dubai, being a progressive city, has implemented off-plan laws to protect the interests of both investors and property developers. In 2017, His Highness Sheikh Mohammed Bin Rashid Al Maktoum introduced law No:19 on the Interim Real Estate Register in Dubai. 

This law grants the Dubai Land Department (DLD) and property developers the right to terminate an off-plan sales contract without court interference. However, it’s important to note that this law may not apply if there are private contractual agreements with the property developer.

Cancellation Procedures Based on Project Completion

When investing in off-plan properties in Dubai, it’s essential to be familiar with the cancellation procedures that depend on the project’s completion stage. The rights of cancellation are determined by specific guidelines, ensuring fairness and protection for both investors and property developers. 

Let’s explore the different scenarios based on the percentage of project completion and the corresponding procedures that come into play.

Construction Not Started

In cases where construction has not commenced due to unknown reasons, the developer has the right to retain 30% of the amounts paid by the buyer. However, the remaining funds must be returned to the buyer within 60 days after the termination of the Sales and Purchase Agreement (SPA).

Completion Below 60%

If the project completion is below 60%, the developer can retain 25% of the amounts paid by the buyer and must return the excess amount. The buyer’s money should be refunded within one year of the SPA termination or within 60 days of the property’s resale.

Completion Between 60% to 80%

For projects with completion ranging between 60% and 80%, the developer has the right to keep 40% of the amount paid by the buyer and return the remaining sum. The same conditions apply as in the case of completion below 60%.

Completion Exceeding 80%

When the project nears completion, cancellation becomes a more complex process. At this stage, the developer may choose to declare the SPA and request the buyer’s execution. 

Alternatively, the DLD may sell the property through a public auction, with any gains offsetting an unpaid balance in favor of the developer. Furthermore, the developer can unilaterally terminate the SPA, retaining 40% of the purchase price.

Refunds and RERA Resolution

In the event of project cancellation by the Real Estate Regulation Agency (RERA), the developer is obliged to refund all amounts paid by the buyer in accordance with Law No:8 of 2007, regarding Escrow Accounts for Real Estate Development in Dubai. 

These regulations ensure that investors are protected and their investments are safeguarded.

Introducing Asette: Streamlining Off-Plan Property Investments in Dubai

Investing in off-plan properties in Dubai presents a promising opportunity for individuals looking to capitalize on the thriving real estate market. However, navigating the intricacies of this process requires a deep understanding of the rights of cancellation and the procedures involved, regulated by the Real Estate Regulatory Agency.

At Asette, we recognize the complexities associated with off-plan property investments and are dedicated to simplifying the entire investment journey. Our mission is to provide you with the necessary support and knowledge to make informed decisions and ensure a smooth and transparent purchasing process.

With Asette, you gain access to a cutting-edge platform that empowers you to create a personalized investment profile, explore a wide range of property investment options, and analyze crucial market metrics to evaluate potential performance and profitability. 

We believe in equipping you with the tools and insights needed to make confident investment decisions in the dynamic Dubai real estate market.

By leveraging Asette’s comprehensive resources and expertise, you can streamline your off-plan property investments, mitigate risks, and seize lucrative opportunities. Our commitment to transparency, customer satisfaction, and a hassle-free experience sets us apart as your trusted partner in the Dubai real estate landscape.

Embark on your journey towards successful off-plan property investments in Dubai with Asette. Experience the difference of a platform designed to simplify the investment process and provide you with the necessary support for transparent decision-making!

Imagine a world where investing in property is easy, transparent, and personalized to your needs. No more complicated legal requirements, hidden fees, or risky investment decisions. Welcome to Asette, the ultimate property investment solution for the UAE Off-Plan Market.

At Asette, we believe that property investment should be accessible to everyone, regardless of their status, nationality and finance. That’s why we offer a comprehensive range of services that are tailored to your specific needs and investment goals. From exclusive access to market data and investment tools, to personalized investment recommendations and flexible payment plans, we make it easy for you to invest like a local and achieve your property investment dreams.

The UAE Off-Plan Market: An Attractive Investment Opportunity

Dubai’s real estate market has long been known for its lucrative investment opportunities, with easy access to market by non-residents, and tax free income.

For those unfamiliar with the term, “off-plan” refers to properties that are still in the construction phase and not yet completed. 

While this may seem like a risky investment to some, it’s important to note that off-plan properties in Dubai are protected by legally certified escrow accounts and regulated by the Real Estate Regulatory Agency.

The off-plan market in Dubai has shown steady growth over the years. According to data from the Dubai Land Department, Off-plan sales have had exponential growth, accounting for nearly 55 per cent of overall sales volume in 2022 (up from 44 per cent the previous year). And off-plan sales accounted for 52.8% of all property transactions in the emirate in the month of March 2023. 

So why is the off-plan market such an attractive investment opportunity? 

For starters, off-plan properties are typically sold at a lower price than completed properties, making them a more affordable entry point for investors. Furthermore, investors in the off-plan market have the potential to benefit from capital appreciation as the value of the property increases during the construction phase. This is in addition to the rental income that can be generated once the property is completed and ready for tenants.

With such promising prospects, it’s no wonder that investors are turning to the off-plan market in Dubai. And with Asette, investing in off-plan properties has never been easier or more accessible. 

Let’s take a closer look at why Asette is the go-to choice for investors in the UAE.

Who is Asette for?

Investing in the UAE Off-Plan Market can be a lucrative opportunity for seasoned and first-time investors alike. At Asette, we understand that each investor has unique needs and goals, which is why we offer personalized investment solutions to cater to every individual.

No matter what type of investor you are, Asette has the tools, expertise, and knowledge to help you make informed decisions and grow your off-plan property portfolio in the UAE.

First Timers

For those new to the world of property investing, Asette makes it easy to navigate the market. Our online tools and experts offer personalized advice to guide you through your property investment journey. Our platform also provides easy-to-understand investment insights and analysis to help you make informed decisions.

International Investors

At Asette, we cater to international investors looking to tap into new locations with the support of our local market data. Additionally, we also offer access to the residence and investor visa options to help you make the most of your investment in the UAE Off-Plan Market.

Seasoned Investors

If you’re a seasoned investor, you already know the value of informed decision-making. Asette offers access to market data to help you make informed decisions and cut down on the time needed for investment analysis. Our platform facilitates access to flexible payment plans for better cash flow management.

What Does Asette Offer?

At Asette, we believe that every investor has unique goals and requirements. Therefore, we offer personalized investment solutions to cater to the specific needs of each of our clients. Here are some of the ways we can help you achieve your investment objectives:

Your Goals: Create Your Own Personalized Investment Strategy

At Asette, we understand that investing in real estate can be overwhelming, especially for first-time investors. That’s why Asette offers a personalized investment strategy that’s tailored to your unique goals and objectives. Our digital tools guide you in creating your profile and to identify your investment needs to provide you the best investment options that fits your affordability with best returns.

Informative Experience: Discover the Finer Details of Personalized Property Options

Asette allows you to explore and discover the finer details of your personalized property options. You have direct access to detailed analysis of the properties that fit your investment criteria. This includes market analysis, locations specifics and payment plans, and other crucial information that can help you make informed decisions.

Instant Analysis: Create Scenario That Suit Your Budget and Goals

Our investment platform allows you to create a scenario that suits your budget and goals. Our analytics tools help you to assess investment options and evaluate the potential return on investment. This feature helps you make an informed decision and ensures that you invest in a property that aligns with your investment goals.

Informative Investments: Access Instant Market Data and Investment Knowledge

At Asette, we believe that informed decisions are the key to successful investments. That’s why we provide our clients with instant access to market data and investment knowledge. Our platform offers market insights and knowledge on UAE Off-Plan Market, enabling you to stay ahead of the curve and make informed decisions.

By choosing Asette as your property investment partner, you can be sure that you’re investing in the right property at the right time.  

What Sets Asette Apart?

When it comes to investing in the UAE Off-Plan Market, it’s crucial to choose a platform that offers peace of mind and protection for your investments. At Asette, we take pride in offering our investors a range of benefits that set us apart from other investment platforms.

Transactions protected by legally certified escrow accounts:

All property investments facilitated by Asette are protected by legally certified developer escrow accounts. This means that your funds are held in trust until the property is completed, ensuring that your investment is protected throughout the entire investment process.

RERA’s Oversight of Real Estate and Construction Activities

Asette is fully compliant with the Real Estate Regulatory Agency (RERA), which ensures that all real estate and construction activities in the UAE are monitored and regulated. This means that you can invest with confidence, knowing that your investment is backed by a reputable regulatory agency.

Access to Freehold Properties for foreign nationals

With Asette, investors have access to Freehold Properties, which allows for full ownership of the property, including the land it is built on.

Flexible payment plans provided by vetted developers

Asette partners with vetted developers to offer our investors flexible payment plans best suited to their investment goals and budget. This ensures that investors can manage their cash flow effectively and invest in properties that align with their investment strategy.

 Favorable laws to protect Off-Plan investors

The UAE has implemented a range of laws and regulations that protect Off-Plan investors, including the requirement for developers to provide a guarantee for any funds paid towards the purchase of off-plan properties. Asette ensures that all investment metrics and analysis shown on our portal are derived from local Land Department Data, ensuring that our investors can make informed decisions based on accurate data.

At Asette, we believe that our investors deserve the best. We are committed to providing our clients with a comprehensive investment solution that is tailored to meet their unique needs and goals. With personalized investment options, access to exclusive property data and expertise, and commitment to safety and security, Asette is the right choice for your property investment needs.

Visit Asette‘s website to learn more and start your property investment journey today!

From high rental yields to affordable off-plan property payment plans in well-maintained neighbourhoods, Dubai is an attractive location for global investors. The consistent and increasingly stable real estate markets with fair prices, have made Dubai the sought-after destination for investors, entrepreneurs, and ex-pats.

Here are some of the benefits to consider when looking to invest in the Dubai Off-Plan Market:

Affordable property prices

The Dubai markets are gaining worldwide recognition from investors with the stabilising property markets that are more attractive compared to established investment hotspots such as London or New York.

Flexible payment plans

Property investing in Dubai has been perceived unaffordable, and inaccessible due to large capital requirements. However, extremely flexible payment options, deposits of as little as 5% with the flexibility to make monthly instalments, makes investing in off-plan property in Dubai suitable for a wide range of people across the globe.

New property advantages

Given the fact that off-plan properties once complete are brand new, you are likely to avoid costly maintenance fees for a while after the handover.

Qualify for UAE residency visa

The government launched the golden visa scheme wherein any buyers of off-plan property that amount to AED 2 million or more are eligible to apply for a golden visa. The golden visa grants ten-year resident status in Dubai. The developers or real estate agents coordinate with the immigration authorities to approve this golden visa for investors and buyers. 

Besides this, the country promotes foreign nationals interested to purchase properties in the UAE with other types of visas as well. Dubai Tourism alongside the General Directorate of Residency and Foreign Affairs has launched a retirement program in Dubai. This allows foreign nationals that are aged 55 and above to retire in Dubai with a five-year residency visa extension provided they have purchased a property worth AED 2 million or more.

Even if investing in an off-plan property does not qualify you for a residency visa, you may consider forming a business or becoming employed in the UAE.

As a tourist and non-resident, you can apply for a simple savings bank account in the UAE that allows you to do easy transactions or keep your savings in.

No taxes

Dubai is currently a ‘zero tax’ emirate, making it a sought-after destination for property investors.

Potential for higher rental yields

Compared to many other world cities, Dubai is offering one of the highest rental yields and returns for investors. Investors could enjoy gross rental yields up to 9% with great prospects for future growth and returns with a growing, developing city.

Eligibility for freehold property

Investing in Dubai off-plan projects provides foreign investors and ex-pats access to freehold properties with well-serviced options in prime locations.

Possibility to sell before handover

To reduce the risk of investing, you can re-sell your off-plan property before the handover date. As the property or development is closer to its completion date, its value grows to allow you to potentially make a decent profit in the sale.

High quality of life

The city’s vibrant lifestyle, vast culture, diversity, and high levels of safety make Dubai an attractive place to invest. Dubai has increasingly become an appealing destination for ex-pat workers, investors, and regular tourists. As such, there will always be demand for properties.

Innovation and creativity

Dubai is recognised across the world for its exquisite city infrastructure and innovative vision. Property Developers in Dubai embody this by elevating their projects to meet this modern look and latest trends.

Join Asette and access to more detailed market insights and guided investment support.

Investing in an off-plan property can be appealing with the attractive prices and flexible payment plans, but without sound knowledge of the market variables and the overall sales process could bring unnecessary stress and risk. This risk is usually heightened when people, especially inexperienced buyers make rather emotional decisions instead of financially savvy ones. 

While you may be well-versed in the sales process in your native country, it’s crucial to understand that every city or country may follow a different process. This is of course due to differing rules and regulations in each jurisdiction, making it in many cases more difficult to navigate the sales process without the support of a local or experienced investor.

With Asette your investment process is simplified with the support, and knowledge needed to ensure a transparent decision-making and purchase process. Below we have outlined the key steps in investing or purchasing an off-plan property in Dubai:

Decide On A Property To Invest In

Being clear about your investment goals and budget is the starting point for any investment. With Asette, you can create your investment profile, and access personalized property investment options. You have unbiased access to the property-related market metrics, to assess its potential performance and profitability. You can view different property options and simulate their performance, for easier, independent decision-making.  

Reserve The Property 

To secure the property for purchase, you will be required to pay a 5% to 20% holding deposit (also known as a booking fee) for the property. Some developers may accept a non-refundable deposit (fixed value) to hold the property for you until you proceed with other formalities such as contract signing or transfer of funds. 

Signing Sales and Purchase Agreement (SPA)

SPA is the most essential, legally binding document in the sales process stating the terms of your ownership. Make sure you have read through the entire document and understood all the conditions you are agreeing to. 

Another thing to look out for in this contract is the expected completion date, handover date, payment plan, and most importantly the conditions of re-selling the property. These tend to vary across all developers so even if you’re not looking to sell before completion, it’s best to keep your options open.

DLD/SLD Fees

A buyer is required to pay a government registration fee to the Dubai Land Department (DLD) of around 4% of the original property price. This fee is typically paid by the buyer to the developer who will make the payment to the DLD and generate a payment voucher on behalf of the buyer. Some developers may offer DLD waivers so this is something to look out for.

Property Registration 

Once you have finalized the purchase of your off-plan property in Dubai, the next step is to register the property with the land registry. This process involves paying a fixed registration fee, which is determined based on the value 

• Properties Valued below AED 500,000: If the value of your property falls below AED 500,000, the registration fee will be AED 2000, plus an additional 5% VAT.

• Properties Valued above AED 500,000: For properties valued above AED 500,000, the registration fee increases to AED 4000, with an additional 5% VAT

Oqood Registration

Oqood registration is another extremely crucial step in the ownership of your future property. The government grants this pre-registration certificate to owners of off-plan properties in Dubai. Once you have agreed upon the SPA, the developer is required to issue this certificate with Dubai Land Department and notify you once issued in your name.

Property Payments

Dubai off-plan payment plans are flexible and favorable for investors. Especially if the project is recently announced and the development timeframe is set for 2-3 years. Because off-plan properties do not qualify for local mortgages, property developers offer flexible payment plans, some of which offer a monthly payment schedule of up to 7 years. 

While you are not obligated to finish the entire payment of your property before receiving handover rights, you still need to complete the payments agreed upon in your payment plan. If there have been delays in your payment, there may be complications to settle later so make sure you make the transfers into the Escrow account set by your developer.

Project Completion

The developer is obligated to finish the project by the expected completion date agreed in the SPA. Once the project has been completed, you can schedule a pre-delivery inspection to make sure that the quality of your property is as per specifications and agreed terms. The final inspection should be booked for about 7 days before the handover. 

Handover

The developer will send you a handover agreement that you will need to sign to confirm that you have inspected and are under the ownership of your property in Dubai. 

Asette: Simplifying Off-Plan Property Investments in Dubai

Investing in off-plan properties in Dubai can offer attractive benefits, such as discounted prices and flexible payment plans. However, navigating the sales process and understanding the market variables can be challenging, especially for inexperienced buyers. Making financially savvy decisions and seeking the support of local or experienced investors is crucial to minimize stress and risks.

At Asette, we simplify the investment process by providing the necessary support and knowledge to ensure transparent decision-making and a smooth purchase process. Our platform allows you to create an investment profile, access personalized property investment options, and analyze market metrics to assess potential performance and profitability. 

With unbiased information and the ability to simulate property performance, you can make informed and independent investment decisions. Take advantage of our platform to simplify your investment journey and unlock the potential of the Dubai real estate market.

Dubai’s real estate market has always been an attractive destination for investors looking to benefit from the city’s economic growth and development. When it comes to property investment, two popular options in Dubai are off-plan and ready properties.  

For those who are new to property investment or are unfamiliar with the Dubai real estate market, Off-plan properties are those that are yet to be completed and are still under construction, while ready properties are ready for immediate occupancy.

As an investor, choosing between these two types of properties can be challenging. While both offer different advantages, it’s important to consider your investment goals and risk appetite before making a decision.

Let’s take a closer look at the advantages and disadvantages of investing in off-plan vs. ready. By considering these factors, investors can make an informed decision that aligns with their investment goals and risk appetite.

Off-Plan Properties: Weighing the Pros and Cons

Off-plan properties have become increasingly popular among investors due to their potential for high returns on investment. According to the Dubai Land Department (DLD), the off-plan property market in Dubai continues to show strong growth, with 35370 off-plan sales transactions worth $19 Billion, were recorded in 2022.

The figures clearly indicate that off-plan properties remain a popular choice for investors in Dubai due to affordable prices, growing economy and attractive lifestyle.

However, investing in off-plan properties also comes with its own set of advantages and disadvantages. In this section, we’ll take a closer look at the pros and cons of investing in off-plan properties in Dubai.

Advantages

Lower Purchase Price

One of the primary advantages of investing in off-plan properties is that they often come with a lower purchase price than completed properties. Developers offer attractive payment plans, such as paying only a percentage of the total price during the construction phase, with the balance paid on handover or post handover. This payment structure allows investors to secure a property at a potentially lower price and benefit from capital appreciation as the property value increases over time.

Potential for High Returns

Off-plan properties have the potential for higher returns on investment, especially if the project is located in a prime location and developed by a reputable developer. As the property value increases over time, investors can sell their property for a profit or earn a high rental income.

Customization Options

Investing in an off-plan property allows investors to customize the property to their liking. They can choose the layout, finishes, and fixtures, allowing them to create a unique and personalized space.

Disadvantages

Changes in Market Conditions

Any investment carries a certain level of risk. One of the risks associated with property investing is the potential changes in market conditions. If the market experiences a downturn or the demand for the property decreases, this may impact the investment prospects. However, changes in the market are expected especially when investing long term, as the asset will go through good and bad economic periods. 

Potential Delays in Completion

Although delays could occur for off-plan property developments, the investors can take comfort that the Real Estate Registration Agency (RERA) actively monitors the progress of construction works for each off-plan project in Dubai.

To minimize the risk of delays in property construction, the investors should be aware of the developer track record and reputation before making a purchase.

Navigating the Dubai property market and assessing the potential of off-plan properties can be tricky, especially for those without prior experience. In such situations, seeking the guidance of professional services like Asette can be the difference between a successful investment and a costly mistake.

Ready Properties: Discussing the Pros and Cons  

Ready properties are properties that have been built and are ready for occupancy or rental. In this section, we’ll discuss the advantages and disadvantages of investing in ready properties in Dubai.

Advantages

Guaranteed Rental Income

Investing in a ready property in Dubai can provide investors with immediate rental income. Ready properties can attract tenants and generate income from the day of purchase, providing a guaranteed income stream.

According to Dubai Land Department data analyzed by Asette team, average rental yields for residential ready properties in Dubai ranged between 6% and 9% in 2022, depending on the location.

Established Communities

Ready properties are often located in established communities, which can provide a sense of community and amenities such as schools, shopping centers, and recreational facilities. These factors can make a completed property more attractive to potential tenants, resulting in higher rental yields.

No Construction Risk

Investing in a completed property in Dubai eliminates the risk associated with construction delays. Investors can see the finished product before investing, providing a level of certainty and security.

Disadvantages 

Higher Purchase Price

One of the primary disadvantages of investing in completed properties is the potentially higher purchase price compared to off-plan properties. Completed properties are usually priced higher due to their immediate rental income potential and established location.

According to the DLD, ready property transactions in Dubai totaled AED 11.2 billion in Q1 2022, representing a 74% increase in sales value compared to the same period in 2021.

Limited Customization

Investors may have limited options for customization when investing in a completed property. The layout, fixtures, and fittings have already been selected by the developer, limiting the ability to personalize the property to attract potential tenants.

Maintenance and Repair Costs

Investing in a ready property in Dubai can occur maintenance expenses more frequently, which can eat into the rental income. Investors need to factor in these costs when evaluating the investment potential of a ready property.

No upfront payment plans

Investing in a ready property, will require full property price to be paid to the seller. Investors with available funds can settle the payment at once. However mortgage investors will be looking to pay higher upfront costs for mortgage than getting on an off-plan property ladder. 

Summing It Up

Both off-plan properties and completed properties have their own set of advantages and disadvantages. It’s essential to consider your investment goals, risk tolerance, and financial position before investing in either option. Conducting thorough research, evaluating the developer’s reputation and track record, and understanding the terms and conditions of the contract are crucial before investing in any property.

Thinking of investing in Dubai off-plan properties? Asette got you covered!

Asette offers a comprehensive property investment solution for the UAE Off-Plan Market. Our platform facilitates vetted and analyzed property options and connects you with legally certified escrow accounts, access to freehold properties for foreign nationals, flexible payment plans with vetted developers, and protection for off-plan investors through UAE laws and regulations. With personalized investment options, exclusive property data, and a commitment to safety and security, Asette is the right choice for your property investment needs.

If you are looking to buy long-term properties and you don’t want to pay it in one go, it might be worth considering off-plan investment plans.

When you invest in off-plan property, you are holding it before it is fully constructed, so you can rest assured that after it’s done it’s all yours.

Off-plan investments typically come with flexible payment options with discounts, allowing you to better manage your cash flow.

With investment guidance based on market data and analysis tools, Asette offers it all in an attractive investment package.

Read on ahead to scrounge up some knowledge on off-plan investing before taking your big step:

Determine your investment goals

The first thing you should note before diving into real estate investments is your investment strategy.

With off-plan investment, you can gear up for some great discounts and flexible payment plans on long-term projects, given the apparent fact that they aren’t ready yet.

However, taking a few precautionary measures is best before diving in. Making such investments can be risky without trustworthy advice, data, or information guidance in the process.

Real estate markets in the Middle East have been changing drastically, making property investments a little tricky due to fierce competition, offering, and price fluctuation. It would be best to know the relevant market data and conduct your research before making any property investments.

Seek unbiased information 

If you’ve lived in Dubai long enough, you’ll be sure to have faced the hassle of dealing with agents. While agents sell about 80% of off-plan properties, their advice can be biased or misleading – especially if they are working for property developers. If you’ve been following this advice and are making badly calculated decisions, it’s time you turn to a more trustworthy source to get your information. One that won’t exploit you for their profit is Asette.

Acknowledge your rights as a consumer

Many of you may not know this but as consumers in this tricky real estate market, it’s important to recognise and practice your rights. These rights come to play, especially when you’re about to close investment deals because that’s when all the clauses come in. Chances are you may have a dispute with your property developer at some point – so it is best to cover your bases to avoid any untoward events. 

Understand the Sales Purchase Agreement before signing

Another crucial detail to keep an eye out for – is the sales contract. Don’t just skim through it – make sure that you have read through everything and understand the terms you’re agreeing to. Sometimes things can slip by or come across as too complicated to decipher – another place where our help would work wonders for you. 

When investing in off-plan property, you’d probably want to know whether you can sell it for higher prices before it’s done. Or you’d want to delve into what happens if the project isn’t finished in the claimed time. The sales contract will have the answers to all these crucial queries so keep an eye out for that. 

Keep up to date with the development status 

Did you think your job ends the moment you sign off your investment paycheck? Well, we’ve got some news because it doesn’t. Considering it will be someone’s possible future home, you probably want to make sure everything is running smoothly. 

So, after you have claimed the property, make sure that you can see the project’s current status throughout the construction process. If need be, you can receive updates that assure you that the project is moving the way you’d like it to. 

These are just some of the topics covered and supported when you invest through Asette portal. To learn more about off-plan secrets, join Asette today.