Flipping in Dubai
Flipping is the renovation of real estate objects with subsequent resale in popular areas of Dubai – Marina, Downtown, Palm. The renovation is carried out promptly with a licensed team of experts and the best real estate agents in the market. The real estate market in Dubai is lucrative, and the interest in properties is very high.
According to the analytical service of the Property Monitor portal, prices for luxury real estate in 2022 increased by 35%, in the average price segment by 37.2%, and in the budget segment by 15.7%.
The real estate market in Dubai is rapidly developing due to the continuous growth of the population in the metropolis. In the first half of 2023, the number of Dubai residents increased by approximately 85 thousand people. It is projected that by 2040, the city’s population will reach 5.8 million – currently, it is 3.5 million. Dubai is a popular destination for the relocation of wealthy individuals. Owning or renting property is one of the conditions for obtaining residential permits. However, most prefer buying, which also stimulates price growth in both the primary and secondary real estate markets.
Now we will present the stages through which we go in this project.
- Firstly, we find properties on the market in prestigious areas of Dubai.
- We purchase the property at the most advantageous price.
- Next, we carry out a complete renovation with an experienced and qualified team.
- Thanks to the best real estate agents in the market, we find a buyer.
- Then, we sell at a maximally advantageous price.
The management company takes care of all matters related to the selection and acquisition of the property, reconstruction, sale, legal, and marketing aspects of the project.
Are you interested in this project? Contact us, and we will be happy to provide you with more detailed information.