Real Estate in Palm Jumeirah, the UAE
Last updated on Jun 02, 2023
Summary: People living in Palm Jumeirah, UAE offer advice about real estate. How do you find a home in Palm Jumeirah? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Palm Jumeirah?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Palm Jumeirah, involves several steps. First, you need to determine your budget and the type of property you're interested in. This could be a villa, an apartment, or a townhouse. Next, you should research the different areas of Palm Jumeirah. The Palm Jumeirah is divided into many different sectors, each with its own unique characteristics. Some areas are more residential and quiet, while others are closer to restaurants, shops, and other amenities. Once you have a clear idea of what you're looking for, you can start your search. There are several online real estate platforms that list properties for rent or sale in Palm Jumeirah, such as Bayut, Property Finder, and Dubizzle. These websites allow you to filter your search based on location, property type, price range, and other criteria. You can also hire a real estate agent to help you in your search. A local agent will have in-depth knowledge of the market and can guide you through the process. They can also negotiate on your behalf and help you secure the best deal. Once you've found a property you're interested in, you should arrange a viewing. This will give you a chance to inspect the property in person and ask any questions you may have. If you decide to proceed with the property, you'll need to negotiate the terms of the lease or purchase agreement. This will include the price, the length of the lease (if renting), and any other conditions. Finally, once the agreement is signed, you'll need to arrange for the transfer of utilities and pay any necessary fees. If you're renting, this will typically include a security deposit and the first month's rent. If you're buying, you'll need to pay the purchase price and any associated legal fees. Remember, finding a place to live in Palm Jumeirah can take time, so it's important to be patient and thorough in your search," remarked one foreigner who made the move to Palm Jumeirah.
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What is a typical expat home or apartment like in Palm Jumeirah?
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About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.