FAQ
Am I Ready to Be a Homeowner?
Buying a home is a major milestone. Consider your financial stability, long‑term plans in Dubai, and whether you’re prepared for responsibilities like maintenance and property taxes
Is Renting or Buying Better?
Renting offers flexibility, while buying builds equity and long‑term value. The right choice depends on your lifestyle, budget, and investment goals.
What Is the Lender’s Formula?
Banks in the UAE typically assess your income, existing debts, and credit history. A common rule is that monthly mortgage payments should not exceed 25–30% of your income..
What should I look for when choosing a property?
Location, developer reputation, amenities, and resale potential are key factors. For luxury real estate, iconic addresses like Sheikh Zayed Road or Downtown Dubai add long‑term value.
Do I Need a Home Warranty?
While not mandatory, warranties can protect against unexpected repair costs. Many new developments in Dubai come with a developer’s guarantee
What Should I Expect at Closing?
Closing involves finalizing contracts, transferring funds, and registering the property with the Dubai Land Department. Your agent will guide you through each step.
WAm I ready to rent instead of buy?
Pre‑approval from a bank confirms how much you can borrow. It strengthens your position when making offers and speeds up the buying process.
How do I decide what to offer on a property?
Your agent will analyze market trends, comparable sales, and property condition to recommend a fair offer that balances value and competitiveness.
What Should I Offer?
Absolutely. Our team specializes in smart investments and iconic locations. We’re here to guide you toward the property that fits your lifestyle and goals.
Can I ask Malik Al Abraj Real Estate for advice?
Absolutely. Our team specializes in smart investments and iconic locations. We’re here to guide you toward the property that fits your lifestyle and goals.