Our Guarantees - Makyee Dubai Real Estate

Due to its financial growth and stability, booming real estate market and its tax-free investment options, Dubai is one of the pleasant places to invest in real estate internationally. In addition to the growing investor-friendly regulations that include Residency by Investment - Dubai Visa, excellent real estate returns and guaranteed returns offer excellent incentives to buy property in Dubai.

Assured yield or guaranteed return is achievable through property developers as a way to attract investors looking for hassle free and zero financing. They usually contain a fixed and fast percentage of return on the asset sales fee that is paid over a hard and fast period. This can vary from three to 10 years and the returns can also vary from 3% to ten%.

What Is Guaranteed Yield In Dubai?

Not all developers in Dubai offer guaranteed returns and it is common for accommodation that does. As well as guaranteed returns, builders also provide additional benefits, including a week or weeks of life each year, certain discounts and access to services. In projects where developers offer investors a guaranteed return, the owner receives a passive profit, the amount of which is certain in the contract, regardless of the financial situation on the market. The developer assumes all the risks associated with the economic situation on the market, and the control corporation organizes all the techniques - from finding tenants to conservation. Here is where you can expect a guaranteed yield:

• Most often, these are hotel-type things.
• Apartments of this type are rented completely finished.
• The profit is fixed within the settlement.
• The owner can live inside the apartment 14 days a year.

Who Is Eligible For Guaranteed Income Properties?

This is an ideal choice for those who focus on predictable profits and are not equipped to take risks for better ability profitability. And as a pleasant bonus - the possibility to live in the apartment for 2 weeks a year. There are only a few items in the Dubai market with guaranteed profitability - no more than 3%. There are many famous developers that have exceptional secured income homes on its closed database that are offered within days.

A Marketing Fairy Tale

We regularly see developers, sellers, or perhaps retailers who have been promoting tasks to apartment assured income merchants for many years. In fact, the apartment is secured furnished alternately at exorbitant real estate costs. They sell very excessive options as a rental guarantee that will allow you to get clients and generate interest from investors, including a "25% guaranteed rental". However, once clients call them, they know it's 25% miles over 4 years, which remains a delusion, albeit a smaller one. When these homes are marketed with a 25% rental guarantee, it is achieved to offer the impact of delivering buyers 25% in step with a 12-month rental guarantee. They advertise a high percentage by the year as a guaranteed rental; say for example 8% in line with the year. 

Legal Structure Of Guaranteed Rent

Most real estate developers generally tend to create a limited liability corporation or (SPV) 3rd birthday parties to secure the lease. So the real estate developer or seller as a criminal entity is not the real guarantor; it is by miles a third party with no assets or solvency. If for whatever reason they decide now not to pay you, there's not much you can do even if you take them to court. This is a closed organization with limited lability that could announce a financial disaster the day after today, and the actual entity that offered you to secure the apartment will remain intact. In maximum cases, rental guarantee arrangements are based on ancillary agreements and are not part of the income from the property.

How To Buy A Property In Dubai?

Here are the steps:

Prepare A Contract Between The Buyer And The Seller

When you focus on the exact things, provoke a conversation with the seller and talk about phrases. You have the flexibility to pay upfront in coins or forget about the mortgage. While this segment does not require the involvement of a real estate agent or attorney, it is important to write an agreement that is specific. Make sure it actually describes the prices, billing methods and all relevant phrases to avoid any future misunderstandings.

Sign The Property Sale Agreement

The Agreement of Sale (Form F), also known as the Memorandum of Understanding (MOU), can be effortlessly downloaded from the professional Dubai Land Department (DLD) website. In addition, you can include your own phrases in the settlement. Once it is ready, you and the seller should signal it in front of a witness, ideally at the registration manager's workplace. In addition, you need to pay a 10% asset deposit to the Registrar, you will receive it after the entire transaction is completed.

Apply For A No-Objection Certificate

At this point, you will have a short interview with the developer to obtain a No Objection Certificate (NOC) and complete the transfer of ownership. If there are no great carrier payments or fees in the property, the certificates will be issued by the developer.

Transfer Of Ownership At The Registrar's Office

You should prepare the necessary documents, appear in person or send your legal counsel. Wrapping a transfer takes just a few steps.

• Submit the required documents.
• Check payable to property tax.
• Original identity documents of each supplier and client (Emirates ID).

Conclusion

The overall performance of the Dubai real estate market was solid across all sectors, supported by the preferred safe haven, the Emirate's popularity, amid geopolitical and financial headwinds in various global investment markets. Key monetary and demographic data also indicate growth compared to the previous year. In June 2023, Dubai's population exceeded 3.6 million, representing a 1.4% increase in the 12 months from today compared to the previous year. 
In addition, the variety of visitor arrivals boomed 19.9% ​​from January to November 2023, reaching 15.4 million vacationers. In addition, gross domestic product (GDP) for the first 1/2 of 2023 showed an increase of 3.2%, totaling AED 223.8 billion. Among industries, the transportation and warehousing area far outpaced the others, experiencing 5% expansion over the duration of this era.