For a long time, the UAE market has been considered an excellent choice for those who invest in real estate, while those who buy houses here receive more income from investments than in the more mature markets of Hong Kong or London.The price correction in recent months and their gradual stabilization have led to the fact that it has now become more affordable to buy a house in the emirates, and the income from investments has increased even more.We have compiled a short list of key issues when buying property in the UAE.1. Location Carefully examine the area and surroundings. Are prices going up or down here? Are there any good shops and schools nearby? What is the situation on the roads, are there problems with traffic jams, does the noise of cars reach the highway? How close are the public transport stops? Are there any road works going on nearby? Is there a large-scale construction nearby?2. Budget How much money are you willing to invest in real estate? What services are included in the price? What else can you get for the same money in the same area? Find out the average cost of housing in a given community.3. The reputation of the main developer, take the time to study the developer's portfolio: does he finish the construction on time? Does it comply with all standards? How does the developer maintain the building after the construction is completed? Are the buildings built several years ago in good condition and how are they maintained? It is preferable to visit these buildings yourself to see their actual condition.4. Quality of the contractor's work, look for information about the contractor's history and the quality of his work. Do the buildings he built meet the high standards? Are there any problems in the older buildings or other serious issues that you should be prepared for?5. The amount of potential return on investment If you buy a property, you don't want it to depreciate over time. How much money do you want to make with it? Will real estate become more expensive or cheaper over time? Are you planning to resell the house in a few years or keep it for yourself for a long time?6. Monthly expenses and maintenance levy. How much money will you need to spend monthly on the maintenance and maintenance of the property? Will you have to pay extra for any expensive service? Will there be a large bill for electricity and water supply? Do you need to pay an annual service fee?7. Seller's mortgage Obligations Find out all the conditions of the seller's mortgage loan and what you need to fulfill all these requirements. Is this possible for your budget and is the time frame reasonable?8. Availability of loans Find out if you meet the criteria for obtaining a mortgage and whether you will be able to get a mortgage loan. How much will you need to borrow from the bank and what will be the payment terms?Buying a property is not an easy procedure, but by following clear rules and following our recommendations, you can avoid a number of unnecessary problems both during purchase and in the future. sensuelas.com