Prince Lee

If you are a landlord in the Middle East, you may be looking to increase the properties in your real estate portfolio. One such type of property you might consider adding to your portfolio is the villa. The villa is a single-unit building, sometimes found within a compound, that is rented out to at least five people, usually all from the same family. Villas differ from apartments in three ways. First, apartments will have a limited number of people, bedrooms, and bathrooms. The highest number of bedrooms we have seen in an apartment in Dubai is five. Meanwhile, villas will have many more people, bedrooms, and bathrooms. One of the largest villas in Dubai is a mega-mansion, which has 12 bedrooms and bathrooms, and they are usually rented out to expatriates with a large family. Second, the types of rooms are different. An apartment in Dubai will typically have at least one bedroom and bathroom, a maid’s room, a kitchen, and a storage room. At the same time, a villa will have all these ro...

 As a landlord, you try to attract the best tenants to your properties. In many areas of the world, this usually means the best tenants for you are also the wealthiest. In Dubai, there are two main groups of wealthy tenants, and they are expatriates and citizens. First, expatriates come from other countries. They usually come from America, Great Britain, and many other Western nations. Their native currency plays well against the dirham (AED), the currency of the United Arab Emirates (UAE), which is where Dubai is located. Expatriates will often be retired persons who want a quiet area of the city, away from the loud noise in the heart of the city. Whether retired persons or younger with families, expatriates will never move to the UAE or any other country unless they think they can afford it to begin with.  Finally, wealthy Emiratis are from the upper class. They have large amounts of disposable income and will either have families or be retired. They enjoy sending their chil...

There are two main groups of people that apartments for sale in Dubai will eventually revolve around, landlords and tenants. Landlords will lease the apartments they just purchased to tenants, who choose their apartments for various reasons. Some of these reasons include the number of bedrooms and bathrooms, the neighborhood, and the features that the apartment building or residential tower has. First, the number of bedrooms and bathrooms is the most important feature of the apartments for sale that a landlord will purchase. Multiple tenants will require multiple bedrooms. While a landlord can have an apartment that does not have the same number of bathrooms as there are bedrooms, a good rule is that there should be at least as many bathrooms as there are bedrooms. This will enable each roommate to have his or her own room and bathroom. Next, the neighborhood is an important feature of the apartments for sale. Landlords should make sure of area demographics, neighborhood attractions, a...

 Landlords are always looking for advantages when leasing apartments for sale to tenants. There are three ways a landlord can attract a tenant having to do with rooms, amenities, and the neighborhood. Rooms are perhaps the most key dimension of an apartment for sale. Bedrooms and bathrooms will determine the number of tenants that will live in the apartment, while storage rooms and studies will add an extra dimension that will attract potential tenants to the apartment. The style of kitchen is important, too, as some tenants will want a kitchen that can be separate from the apartment (closed), or a kitchen that people can walk through (open).  Next are the amenities. Once tenants have figured out how many roommates they will have, they will look at the bonuses that come with the apartment. These amenities can be tower features, such as a sauna, a steam room, or concierge services. Convenience is also key. Tenants might prefer apartments with supermarkets and coffee shops at th...