Developers in Dubai mostly work on a fixed price policy with a few exceptions where we may be able to negotiate 1% or 2% off the asking price, so therefore not a compelling reason to go with one investment over another, it’s simply a "deal sweetener".
In my experience, if you are offered a higher discount, then it's almost always because the property is overpriced in the first place.
One way you can often save a good amount of money on your property purchase is via the transfer of currency by using a specialist instead of your high-street bank.
The rates offered by transfer providers can vary significantly and using your high-street bank often ends up costing more money and time. A foreign-exchange specialist typically provides a better and faster service, will negotiate on their rates and they normally do not charge any fees, unlike your bank.
× No set-up fees
× 0% commission
× Low minimum amount
× Plan against unpredictable currency markets
× Full transparency with rates and fees
× Personal service
× Quick, simple and secure transfers
There are two companies that I use and who I have been recommending to clients for many years, they both have offices in the UK and Dubai and are authorised by the FCA (Financial Conduct Authority) – email me here for an introduction
This week’s property discussions have included the following:-
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