Some areas of Dubai are having a decline in their sale and rental prices of real estate in the last few months. If you are a real investor, this is troubling news for you, primarily if you have recently invested in a property. There can be specific reasons for the prices to fall, but there are also many ways to boost the rental and the resale value of your property. It is a fact that people give particular importance to outdoor living, and especially after the world has seen a lockdown, the value of outdoor living has increased. The wise investor uses it as an advantage. Extended outdoor space, glorious yard and related things are acting as a game-changer for many of these properties. For new properties, you can look out best community in Dubai.
Curb appeals is an essential factor when it comes to real estate for both rental and sale promotion. Interior does have a high value, but it is the outside that forms the first impression. We ask to never judge a book by its cover, but in real estate a house is judged by its outdoor look, if the investors can invest in the outdoor area and the yard landscaped professionally in a manner that requires minimal upkeep, the price of property can increase significantly.
General maintenance and repair also include the removal of past construction and storerooms which requires special care when involving the extraction of old posts from the ice.
Aesthetics is an essential aspect along with convenience and functioning as they are vital factors to determine the price of the property. It is vital to ensure that all repairs and maintenance are dealt with professionally.
There are another important aspect that often gets ignored. Everyone loves to stay in a place where they can cherish a beautiful unhindered view. It is not possible to create a view in the surrounding of your property, but if you have a view, you can utilise that to generate maximum profit.
Another important thing you must know about landscaping is the right choice of foliage. When working with a landscape designer, ensure that all your concerns are known, including the fact that other people will be taking care of the place on your behalf.
Aside from aesthetics, functionality, and convenience, safety is another major factor that affects the decision of potential renters and home buyers. To make sure your property is ready for the market, you must ensure that all maintenance and repairs have been dealt with.
Among the things you need to look out for include;
- Broken fence boards
- Nails that are sticking out
- Jagged rafters on the patio
- Broken concrete on the walkways
- Damaged eaves
- Worn-out door frames.
Besides the condition and appearance of the house itself, people would also pay more to live in a place where they can enjoy a beautiful and unhindered view.
While improving the interiors does boost home value, investment properties can also benefit from outdoor space upgrades. Make sure that you get the most from your investment by taking care of the landscape as well. Also, UAE property prices are set to continue rising in 2022, driven by supportive economic reforms and an accelerated vaccination programme that has helped to hasten a rebound from the coronavirus- including a slowdown last year, according to experts. Also, these points will give you an idea that how to become a real estate agent in Dubai.