Lunch day preferences

Question

Lunch day preferences

Saryev Emir asks:

What are the preferences in the price of buying real estate in Dubai at lunchtime from the developer?

14.11.2021

UAE. Consultation

Real estate prices

Expert answers (6)

Svetlana Cherepnina · Answer 1 · 2021-11-16T11:34

Svetlana Cherepnina

Prices are cheaper and more choices

16.11.2021

Natalia Bityukova (Intermark Real Estate) · Answer 2 · 2021-11-15T13:47

Emir, good afternoon. At the stage of lunch a day from a developer in Dubai, you fix the very minimum cost of the object, as a rule, all investors buy out the best units on that very day.

Elena Timchenko (Royal Home Real Estate) · Answer 3 · 2021-11-15T11:15

If the project has a good location and is in demand, then the increase in price at the end of construction, especially if it is a specific property. Also, the developer often gives discounts for registration on the occasion of the lvnch.
True, it is worth noting that sometimes the excitement is such that it is physically impossible due to the fact that thousands of queues gather from the night and unfortunately not everyone will be lucky in owning the coveted token.

Oleg Nasyrin (Master CapitalЪ) · Answer 4 · 2021-11-15T10:16

It all depends on the developer and the state of the market. The most common is the lack of payment for registering real estate in DLD, there are other bonuses. But it so happens that they are not at all, as, for example, in the Port De La Mer project by Meraas, which was launched on October 28 this year.

Tilek Dzhaychiev (Horizon Realty) · Answer 5 · 2021-11-15T09:44

Hello Emir!
Buying real estate at the start of sales, you will have the opportunity to choose the best layout, view, location of real estate at the best price. The closer the construction is to completion, the price rises. But in order to have the right to choose, as a rule, it will be necessary to pay the developer in advance from 2% to 5% of the total amount of the property.
Sincerely
Tilek Jaychiev
Partner-Broker of Z&T Sky Real Estate LLC

Ravshan iskhakov (Fam Properties) · Answer 6 · 2021-11-15T09:41

Depends on the developer and the project. But in general, you can get a discount in the form of up to 4% of the registration fee of the Land Department, up to 10% discount on the cost of the apartment (in cases where the prepayment is expected to be more than it should be)