Distressed property deals in Dubai | Important things to know

Real estate comes with a substantial amount of investment. They often become distressed due to financial difficulties faced by the property owner. Consecutive failure to make loan EMIs leads to banks seizing and selling the property to recover the unpaid loan.  Such situations sound hopeless for the owner, however, offer great deals to buyers. Therefore, if you’re an avid real estate investor, it is necessary to gain important insights into distressed property deals in Dubai. 

Distressed properties are usually valued much lower than their actual market price. In addition, some external factors such as the sudden need for capital can also result in distressed property deals in Dubai. Hence, a potential buyer can either think of getting a mortgage or completing a cash transaction. Here’s how you can close distressed property deals in Dubai:

Find an experienced agent in Dubai real estate 

Distressed property deals in Dubai are not easy and have unique pitfalls. While thinking to close a deal, one should always connect with an experienced agent in Dubai real estate who can handle specific issues related to such properties. Being a buyer, making a big investment decision can be challenging considering the diligence required in closing distressed property deals. Thus, buyers must ensure clarity and understanding of the process before making a deal. RiseUp Holding is one of the most trusted names in successfully closing distressed property deals in Dubai and handled dozens of issues in the domain.  

Acquire in-depth knowledge about the State’s law

Every state or country has its own laws for selling and buying distressed properties. Some state laws are seller/buyer friendly while some can add obstacles in closing the deal. Similarly, UAE is one of the hottest destinations for all types of properties and investors take a keen interest in distressed property deals in Dubai. However, the state laws and procedures in Dubai for purchasing real estate are detailed. Thus, the imperative is to know the key legal restrictions and regulations in the region. Considering the diligence level in this space, one must get in touch with an experienced real estate agent who has an understanding of a multitude of rules and procedures in the city and can have a significant impact in closing distressed property deals in Dubai. 

Get into reasonable negotiation professionally

Finding distressed property deals in Dubai can be easy. But getting through a reliable one with appropriate valuation perplexes the investor’s mind. This majorly happens when a seller is in urgent need of capital and the buyer has to make a quick decision to cash in the opportunity. In this scenario, the seller wants to quickly close the distressed property deal in Dubai and the decision-making process is faster than the diligence process of the buyer allows. RiseUp Holding has extensive expertise in distressed property deals in Dubai and can offer lucrative opportunities to buyers as well as sellers. Their professional negotiation and valuation process helps stakeholders leverage the exciting opportunities in Dubai real estate market. 

 Are you looking for an appropriate distressed property deal in Dubai? RiseUp Holding can help in acquiring a direct deal from the seller offered at a good price. Connect with the company’s expert team that can help you with a range of properties in the UAE. 

List of investment companies in UAE: Brings strategic innovation to real estate market

The UAE’s booming business environment offers promising hope for investors. As a global business hub, it offers a plethora of opportunities in a wide selection of sectors and industries. Whether you’re an Emirati or an expat, investing in the UAE can be the beginning of financial independence. But the first step in any investment journey begins with thorough research and exploring the list of investment companies in UAE. People are eyeing lucrative investment options across UAE more than ever before. Out of which, real estate in UAE provides tangible returns through passive income, tax deductions, steady cash flow, equity, portfolio diversification, etc. With reliable real estate agents and well-chosen assets, investors can own space in the paradise of the Middle East and enjoy these long-term benefits.
RiseUp Holding – a reputable real estate agency headquartered in Dubai is recognized as the finest and one of the most trusted wealth management companies in Dubai. Seasoned in property buying, selling, leasing and management, the company offers a multitude of options for building one’s investment portfolio. With an extensive residential and commercial properties portfolio across the UAE, RiseUp Holding is known for its successful projects and tops the list of Investment Companies in UAE.

Residential properties
Whether you’re looking for a home or planning to build a steady stream of rental income, investing in residential realty is the safest bet. Dubai offers some of the most lavish properties, from plush villas, waterfront homes to luxurious penthouses and spacious apartments. Being one of the top wealth management companies in Dubai, RiseUp Holding has a long list of residential properties at its disposal to help potential investors find their dream place. Since the company tops the list of investment companies in UAE, its team of expert realtors negotiates the best deal, assists with tenants, arranges for inspections and appraisals for a hassle-free process.

Commercial properties
With attractive leasing rates, substantial cash flows and capital appreciation, investing in commercial properties has gained huge popularity. From waterside restaurants, fancy hotels to large office spaces, factories and warehouses, finding the best commercial space for leasing or selling is imperative before making an investment. RiseUp that tops the list of investment companies in UAE is privy to an extensive network of the most profitable commercial estates in the country.

Off Plan Properties
UAE has an extensive range of off-plan properties that offer substantial capital growth and high returns. Whether you’re looking to build an asset or book a profit before completion, off-plan properties are packed with numerous advantages such as lower purchase price, strong capital growth, staged payments and so on. RiseUp Holding – the highest-ranking agency in the list of investment companies in UAE guides the investor at every stage to meet the investment goals of the client. Furthermore, the company’s prowess in real estate makes off-plan property investing the most lucrative and fruitful option.

With UAE’s economic, political and social stability, Dubai presents a favourable business environment and countless investment opportunities. Over the years, investment has grown exponentially in the city and a multitude of opportunities have sprung up in the real estate sector. Being one of the best wealth management companies in Dubai, RiseUp Holding is also recognized as one of the top investment companies in UAE. It can be your go-to real estate agency in a long list of investment companies in UAE.

Choosing The Best Property Management Company in Dubai

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Want to hire one of the best property management companies in Dubai? If you have one or more investment properties in and around the city, managing them all on your own may be too much of a hassle. If we are being honest, it may even become impossible at some point. In such a situation, the best option is to hire professionals to help you out. 

Having trained experts manage and take care of the day-to-day running of your investment properties can take a huge load off your shoulders. So, how do you find the right person for the job? There is a list of property management companies in Dubai. When choosing one of them, make sure to consider the following aspects:

Are they one of the best property management companies in Dubai?

A solid reputation and a positive track record are two of the most important qualities of a property manager. When searching for an expert in the field, you may come across a list of property management companies in Dubai, but are they all qualified enough to handle your investments? You can never be sure unless you research the company’s background and the work they have done. 

Do they have specialized knowledge? 

Amateur investors often do not understand that every investment property is different. That is why property management expertise also varies depending on the nature of the investment property. For example, if you own an apartment complex, you cannot hire a property manager who has only worked with single-family homes. Furthermore, since each type of investment property comes with its own set of challenges, you cannot trust property managers who say they are experts at managing all types of properties. 

Have you narrowed down your search to local firms?

You cannot simply stop at finding the best property management companies in Dubai. You need to shortlist companies based on their experience in the specific locations where you own or intend to own investment properties. Since laws and regulations vary from one region to another, hiring a local property manager ensures that you are always on the right side of the law. Besides, a property manager, who is intimately familiar with a particular region, has a better understanding of the area’s real estate market, rental rates, ROI, and trends. That knowledge can be crucial in managing your investment. 

Do they have the correct licensing, affiliations, and insurance?

When looking at a list of property management companies in Dubai, make sure you find out about their licensing and other legal requirements. A reliable property management company will have all the required licensing and certifications in order. They should also comply with the regulatory requirements for insurance. Before you decide to hand over the responsibility of managing your investment, make sure to personally verify all membership, licensing, and insurance claims personally.

Have you evaluated the company’s systems and performance?

Researching and evaluating the company’s track record and performance over the years is absolutely necessary. Start by going over the statistics for the properties that the company manages. Your research should cover critical factors such as turnover rates, rent collection data (percentage collected on time, delinquency, percentage of late payments etc.), vacancy, occupancy, eviction, and the average length of a tenancy. You should also check if they have any systems in place to streamline the whole process and make it more efficient. For example, can tenants pay rent online via a portal or submit their complaints electronically?

Does the company have a good reputation?

You might think this one is a no-brainer. If a company ranks number one in Google, that surely means they are one of the best property management companies in Dubai, right? Well, no! With the right branding and digital marketing, any company can rank well in the SERPs (search engine results pages). While the top ranking company is surely worth looking into, you cannot automatically assume they have the best reputation in the industry.

For that, you would have to find out what the public thinks about the company. Start by checking reviews on Google. You can also ask the company for references, and call those references up to find out more about how well the company operates.

Have you reviewed the agreement and other legal documents?

It goes without saying that you should always sign legal documents after carefully reading and reviewing them. A better way would be to ask the prospective company a sample of their property management agreement. How much do they charge? Do they have any exit clause? Are their responsibilities clearly mentioned? How do they plan on resolving disagreements? A legitimate property management company should be able to resolve all of these queries and clarify any doubts that you have. Besides these, make sure to check the tenant lease agreement.

Do they adhere to the market standard for Dubai property management fees?

While the services offered by a competent property manager can be invaluable, not every investor can afford to spend a fortune on hiring a property management firm. Dubai property management fees can vary depending on the company’s reputation, the nature of the investment property, the work involved in managing it, and the region where the property is located. Before making the final decision, you need to find out how much the company charges. 

Check out RiseUp, one of the best property management companies in Dubai

When you are on the hunt for a suitable property management company, make sure to take a look at RiseUp, one of Dubai’s leading real estate agencies that specialize in property management. At RiseUp, you will find dynamic and capable professionals with years of experience under their belt. Since our inception, we have worked with both amateur and seasoned investors, and we have helped to double or triple their profits within a matter of months. If you want to reach your true investment potential, make sure to get in touch with RiseUp today!

Services Expected from a Unique Portfolio Management Company Dubai

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Many amateur investors tend to assume that a real estate portfolio manager is just like any other financial asset manager. What they don’t know is that real estate funds management or portfolio management differs radically from financial asset management, which mainly involves managing mutual funds, bonds, and equities. That is why if you are planning to start or expand your real estate investment venture in Dubai, hiring a unique portfolio management company Dubai would do you a great deal of good.

For starters, portfolio and property management companies in Dubai help investors in defining and taking advantage of opportunities at the property level. On the other hand, they are responsible for risk management, asset allocation, and transactions. Finally, depending on the company you choose and the services they offer, the professionals may also deal directly with everything associated with the land and the structures on it.

Why do you need to work with a unique portfolio management company Dubai?

Dubai’s ever-growing and thriving real estate sector holds a lot of potential for investors, which also means that the competition here is fierce. To succeed, both novice and seasoned investors need professional guidance from time to time. That is because unlike conventional money management, real estate portfolio management requires experience in optimizing the value of properties. Furthermore, portfolio managers are known for their ability to diversify investments and ensure risk-adjusted returns. Years of industry exposure also helps them with flawless asset selection and allocation.

In addition to everything we just mentioned, a unique portfolio management company Dubai can also provide great value by recommending the most efficient use of your capital. They will keep you informed and updated about cash flow forecasting and performance measurement. The top professionals in this field not only have a deep understanding of market dynamics, but they are also experts in property fundamentals. That allows them to flawlessly select and allocate assets. To diversify your investment portfolio and produce desirable returns, competent portfolio managers make bets on both local and regional property markets. When it comes to multiple-asset portfolios, they also create the correct property mix for maximum returns.

Portfolio management services you can expect from best real estate agency in Dubai

Wondering about whether or not hiring portfolio or property management companies in Dubai would be a smart investment? If so, you need to have a clear understanding of the different services that they provide. Since property portfolios vary by size, type and many other features, the role of portfolio managers tends to be broad. Furthermore, many of their decisions and actions may target specific properties, but they intend those efforts to have a positive impact on the entire portfolio. Here are a few critical areas that your portfolio manager will deal with: 

Creation and execution of asset related strategies:

Your property portfolio should align with your investment goals and trajectory and also help it move forward. Doing that without a proper strategy is nearly impossible. A real estate portfolio manager’s first job is to create that strategy based on market research, analysis of your assets, future predictions and so on. They are also responsible for executing the strategy to derive the desired results.

Asset allocation: 

On the whole, your real estate portfolio is an asset. However, it is made up of smaller assets (the individual properties) that contribute to its overall revenue output. Allocation of assets, which also includes budgeted capital, has a tremendous impact on the performance of a property portfolio. Capable portfolio managers allocate assets and enhance their revenue-generating capabilities to reach your goals.

Transaction supervision:

Much like a securities portfolio, properties can also leave or enter the fold of your real estate portfolio. When that happens, a portfolio manager must oversee that transaction. It falls under his/her purview to make sure that they are purchased divested in the right manner. Portfolio or property management companies in Dubai not only facilitate these transactions, but they also track and monitor them for the future as well. 

Risk assessment and adjustment: 

Much like any other investment, real estate carries a specific set of risks. In terms of assets, the risk can manifest as debts on a balance sheet or something else. Knowing and understanding these potential risks is necessary when managing a property portfolio. The best real estate agency in Dubai should be able to identify and foresee these risks based on their analytical data. Furthermore, they should also be able to mitigate or adjust these risks. 

A good portfolio manager will be able to make sure that the collective return on investment is enough to overpower the risks. Risk adjustment typically involves deciding how to allocate assets and where to allocate funds not only for capital improvements, but also to reduce future costs.

Simply put, your real estate portfolio manager is responsible for ensuring that your investments bring the desired ROI. Instead of dissecting the miniscule details of individual properties, they treat your portfolio as a whole and make high level decisions that affect the entire portfolio.

Check out RiseUp for the best portfolio management services

If you are looking for competent and capable portfolio managers, make sure to visit RiseUp, the best real estate agency in Dubai. Whether you are newly exploring Dubai’s real estate landscape or have spent years in it, we have a lot to offer you. Since our inception, we have worked with both novice and seasoned real estate investors, and we have helped them maximize their returns and achieve their short-term and long-term goals. We can help you with the same no matter what your objectives are. 

Whether you are planning to build your real estate investment portfolio or expand it, RiseUp can guide you through this process. We have a team of highly skilled and dynamic portfolio managers who have years of experience in the field. Our experts are also familiar with Dubai’s real estate landscape on a local and regional level. Such exposure and experience can be significantly helpful for you. To know more about what we can do for you, get in touch with us today!

Qualities of a Great Commercial Property from a Tenant’s Perspective

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Being a successful commercial real estate owner in Dubai means you are in the big leagues and you earn the big bucks. However, getting to that stage is not easy. As an investor, owning the right commercial property is simply half the job. To make real money, you first need to make that property seem valuable in the eyes of the tenants. So, how do you do that? As the top 10 real estate companies in Dubai 2022 will tell you, the first step is to start thinking from the tenant’s perspective. This will help you figure out what the tenants want in a commercial property and offer the same. 

The top 10 real estate companies in Dubai 2022 reveal the qualities of a great commercial property

Dubai’s commercial real estate sector is booming right now, and market predictions show that it will continue to thrive in the coming years. That means commercial properties will be in high demand. To make the most of it, owners first need to understand what their target audience wants. Tenants put a lot of time and research into finding the perfect commercial property for rent or lease. According to the top property management companies in Abu Dhabi and Dubai, certain attributes always make the good commercial properties stand out. Here are a few of those qualities that tenants always look for:

Proximity to the city:

When looking for office spaces, companies generally tend to go for commercial properties that are located in the city center. Busy and populated areas are good for business and the workforce. That is why Downtown Dubai is one of the most sought-after locations in the city for commercial properties. According to portfolio management services in Dubai, commercial properties in the city center attract both startups and large enterprises from various industries. Companies that rely on millennial talent are especially on the hunt for properties in these locations. 

Access to parking spaces:

While it may seem like an obvious one, you would be surprised to know how many commercial spaces do not have sufficient parking space. As the top property management companies in Abu Dhabi report, commercial spaces with easy parking access and reliable vacancy are hard to come by, especially in busy areas. However, this one feature can often make or break a deal. In many cases, on-site parking is a must-have for tenants. That is why the best commercial spaces feature regular or underground parking facilities.

Historic performance:

As the top 10 real estate companies in Dubai 2022 will tell you, a commercial property’s historic performance has a significant impact on its value. When leasing a commercial space, potential tenants always research its capital growth performance and yield to determine its viability for their business. They always go through the historical background of the asset because it offers them a clear picture of the asset’s strengths and weaknesses. If you are planning to put your commercial property up for rent or lease, make sure to take its past performance into account.

Infrastructure:

It goes without saying that tenants always prefer commercial properties in areas that have good infrastructure such as roads, airports, hospitals, links to public transportation and more. Being one of the most advanced cities in the world, Dubai boasts excellent infrastructure. Since the real estate sector is the backbone of the city’s economy, the government plays an active role in facilitating progress. Numerous initiatives have been taken to improve infrastructure and aid the commercial real estate sector. Portfolio Management Services in Dubai rely on this when managing commercial properties for their clients.

Tech-compatibility:

Today’s society and business environment is driven by technology. Considering how much we rely on technology on a daily basis, it is obvious that it plays a crucial role in commercial property as well. Before you start promoting your commercial property to attract tenants, make sure the property is compatible with all the latest technologies that businesses require today. The most basic example of that would be internet connectivity. If your commercial property cannot offer access to the internet (be it due to its location or poor building maintenance), tenants are going to consider that a red flag. That is why the top property management companies in Abu Dhabi and Dubai always focus on making their properties tech-compatible.

Open floor plan and outdoor areas:

This one applies to a range of different commercial spaces. More and more companies are moving away from cubicle-styled offices. That is why it is important for commercial real estate owners to offer open floor plans that allow tenants to make unconventional arrangements. Open floor plans offer a higher degree of flexibility to the tenants. So, this feature makes the property seem attractive and valuable instantly. The same can be said about open areas. Tenants often look for commercial properties that come with a garden or an open space with a natural component. Such properties are ideal for creating office spaces as it offers the employees a place to relax during long workdays.

RiseUp, top 10 real estate companies in Dubai 2022, is here to help you

If you are struggling to manage or promote your commercial property, consider hiring one of the best portfolio management services in Dubai. Since its inception, RiseUp has helped investors and commercial property owners by offering specialized services. Being one of the top real estate agencies in the city, RiseUp deals with both residential and commercial properties. However, we have a keen focus on the commercial real estate sector, and it is evident in our property management and portfolio management services. 

If you are currently experiencing losses with your commercial property, it is time to hire experts who are known for turning the fate of dying businesses. If you want to survive the intense competition in Dubai’s commercial real estate sector, you need experienced professionals by your side. With the support of our competent team, you can elevate your commercial property’s value and viability in the eyes of the tenants. Get in touch with us to know more about how we can be of service. 

How to Go about Selling a Commercial Property in Dubai?

Planning to sell a commercial property in Dubai? Whether you want to cash in your investment property for a profit or get a bigger and better commercial space for your business, the top real estate companies in Dubai 2021 can help you realize your goals. If you have never sold or leased commercial properties in the city before, you need professional guidance to get through the process, which can be complex and riddled with strict regulations. Here, we are going to look at some of the crucial aspects of selling commercial properties in Dubai. 

The future of commercial property according to the top real estate companies in Dubai 2021

Dubai is often described as a living, breathing city that never stops changing and growing. Being a financial hub, where investors from around the world flock, this is the place where businesses of all kinds can thrive. Each day, a new business opens here, be it in the form of an entertainment facility, shopping center, child care center, education facility or something else. That is why commercial spaces are always in huge demand. According to the best real estate companies in Dubai, this demand will only keep increasing as the years go on. To meet this constantly increasing need, commercial property agents in the city are actively searching, promoting, and finalizing lucrative deals for sellers and buyers. 

Defining commercial real estate as per the best real estate companies in Dubai

An agency real estate Dubai will describe commercial property as a piece of real estate that is purchased or leased for business and trade functions. A commercial property is designed and allocated exclusively to facilitate activities related to a business. Commercial real estate is available in many forms including:

  • Industrial structures
  • Office spaces
  • Warehouses 
  • Retail spaces
  • Buildings that serve as hotels
  • Hybrid properties that feature both residential and commercial spaces

Commercial properties can sport various architectural styles based on the purpose they serve. With the help of the top real estate companies in Dubai 2021, you can not only find suitable properties that serve your needs in terms of location, space, purpose and current market conditions, but the experts can also help you sell such a property.

Tips to help you sell or lease a commercial property in Dubai

As a property investor, you can make a handsome income from selling or leasing one or more commercial properties. While selling a commercial property will help you get a lump sum amount at once, leasing or renting it can help you generate a steady cash flow for months or years. Here are a few tips that will help you get started on the right note:

Identify your target audience:

Before you start looking for buyers or tenants for your commercial property, you need to figure out for whom the property will be ideal. For example, if you have a property that serves as a warehouse, you cannot approach buyers who are looking for retail spaces. On the other hand, you should decide whether you want to sell your property to an end user or an investor. The best real estate companies in Dubai can not only help you figure out who your target audience is, but they can also help you find them.

Make sure the property is in great condition:

It goes without saying that a well-maintained property will fetch you more potential buyers and better deals than a rundown property that has not been taken care of in ages. A reputed agency real estate Dubai will always advise you to upgrade your commercial property or at least do the necessary repair works before putting it on the market. These days, it is also crucial to make environmentally conscious improvements, which not only adds value to the property, but also creates a good impression. It can be something simple like switching to energy-efficient light bulbs or insulating the property.

Find a trusted agency real estate Dubai to guide you:

Since Dubai’s commercial real estate sector is fiercely competitive, hiring a reputed and reliable real estate agency can be a huge help. The professionals can help you by evaluating and valuing your property, putting the property on the market, finding suitable buyers or tenants, fixing the best deal, and finalizing the paperwork. Though you may think that hiring a real estate agency will cost you, the value they add to the process makes the investment worth it.

Understand VAT requirements:

In Dubai, around 5% VAT (value-added tax) is imposed on the supply of commercial property. Here, the word “supply” can mean both selling and leasing, and if the payment is made in installments, VAT can be paid with each installment. Furthermore, the supply of commercial property is taxable, which means the VAT you will pay can be recovered in its entirety. Abiding by the tax laws and regulations is absolutely imperative. If you are not aware of all the regulations, it would be wise to hire one of the top real estate companies in Dubai 2021.

Get in touch with RiseUp when selling or leasing your commercial property

Dubai’s commercial real estate sector is booming right now, and it is expected to flourish even further in the next few years. That is why both seasoned investors and rookies who are planning to get into the action will find this the ideal time. No matter which category you fall under, you can make the most of the opportunities by hiring RiseUp, one of the best real estate companies in Dubai. 

As one of the most renowned real estate agencies in the city, RiseUp is known for closing high-end deals. Recently, in fact, RiseUp helped a renowned international brand find commercial retail space in the Dubai Mall. If you want to be a part of RiseUp’s esteemed clientele and reap the benefits of having some industry pros by your side, make sure to get in touch with us. Find out more about how we can help you buy or sell commercial real estate in Dubai.

Critical Factors That Affect Commercial Real Estate Value in Dubai

Critical Factors That Affect Commercial Real Estate Value in Dubai

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Planning to buy or rent commercial real estate in Dubai? When selecting commercial properties such as warehouses, retail or office spaces, the first thing investors look at is the property value. As an investor, your goal is to make the highest returns possible. To achieve that, you need to be aware of all the different factors that can affect the value of a commercial property. According to the top commercial real estate companies in Dubai, several factors such as location, local amenities, transportation links and many others come into play. Let’s discuss a few of these at length to better understand their impact on property value. 

Location:

Location is among the most critical factors that affect property value. Commercial property estate agents Dubai will tell you that properties that offer easy access to necessary amenities such as healthcare facilities, shopping centers, entertainment places and so on tend to have a higher price tag than others. Unexciting neighborhoods or areas with a high crime rate do not attract investors. That is why property prices in those areas tend to be low. Dubai, being a real estate paradise, boasts numerous “hot zones” where commercial property value remains high due to economic prosperity and steady growth.

Economic state:

It goes without saying that the state of the economy dictates the value of commercial property. In a booming economy, where people make decent money, property prices soar. Dubai has one of the most stable economies in the world, and because of that, its real estate sector is thriving. Investors from around the world are vying for a piece of the premium commercial real estate, which is why the competition here is fierce. However, you can find a suitable commercial property with the help of reliable commercial property agencies Dubai.

Age and condition of the commercial real estate:

Apart from external factors such as location and economic state, attributes related to the property can also affect its value. When it comes to assessing the overall quality of the property, commercial real estate companies in Dubai consider the age and condition above all else. Typically, newly built commercial real estate spaces tend to be costly. Since the things like the roof, plumbing, electrical, and appliances tend to be in their best condition, investors don’t need to worry about spending money on them. Older properties, on the other hand, may cost significantly less. However, they may require repairs sooner or later, and major repairs such as fixing the roof may cost a small fortune.

Upgrades and updates:

Let’s say a commercial property is not necessarily old or worn out, but what if it does not meet the standards that you require? In that case, you may need to make renovations, upgrades and updates depending on your personal requirements. According to commercial property estate agents Dubai, the value of a property depends on the kind of upgrades it requires. If a property needs a complete makeover, you can expect it to cost less than one that is ready to move in. 

Buyer’s perception of commercial real estate in Dubai:

When commercial real estate companies in Dubai talk about buyer’s perception, they basically mean the opinion that potential buyers have about a particular commercial estate. Several factors can influence the buyer’s perception about a property, and this perception has a great impact on the property’s value. For example, a buyer may form an opinion based on market observations. If they find the neighboring properties at a low value, they may assume the property market of that area is going through a slump. It may even deter them from investing in that area or at that moment. Foreclosure properties have the same effect on the neighboring properties.

Expo 2020:

Expo 2020 is finally taking place in Dubai after being postponed due to the COVID-19 pandemic. The World Expo is currently ongoing and will continue until March of 2022. An event of this magnitude and size has several long-lasting benefits, and it continues to draw big businesses to the city even after the event is over. According to commercial property estate agents Dubai, the real estate sector has seen a massive boost ever since Expo 2020 was announced. 

Large sums of money were invested in the city’s infrastructure to prepare for the event. It offered a fiscal stimulus and created employment. That, in turn, formed a “trickle down” benefit that reached the wider economy of the city. As this economic boost is further monetized, it is likely to increase demand, fuel population growth, and attract investors. Needless to say, the Expo 2020 will not only affect the city’s real estate sector, but will also have a significant impact on property value.

These are some of the most common factors that affect property value in Dubai. If you are planning to invest in a commercial space, make sure to consider these factors and identify the properties that will be ideal for you. 

RiseUp, one of the top commercial property agencies Dubai, is here to help!

If you are struggling to find a suitable commercial property in Dubai, consider hiring one of the best and most well-known commercial property agencies Dubai. Since its inception, RiseUp has worked with both amateur and seasoned investors in their search for the best investment properties. Through the years, we have thoroughly observed and studied the city’s real estate market. With that, we have gained a keen insight into this dynamic industry that has proven invaluable in guiding investors to the right prospects. 

When working with RiseUp, you get access to some of the best real estate agents in the city. With their knowledge and expertise, you are guaranteed to find a property that meets your needs. Furthermore, we have a team of investment advisors and legal experts who can help you make sound investment decisions. Whether you are looking to get into real estate investing or planning to expand your investment portfolio, RiseUp can help make the process much easier and more streamlined. To know more about how we can help you, get in touch with us today!

Is It The Right Time to Invest? | Commercial Real Estate Companies In Dubai

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The secret to making any successful investment is good timing. If you are planning to invest in Dubai’s commercial real estate market, make sure it is the right time to do so. Much like any other investment vehicle, real estate goes through its ups and downs as well. However, according to the top commercial real estate companies in Dubai, a market downturn does not necessarily mean you should avoid investing at this time. Real estate prices tend to go down during downturns. Investing during such a phase may set you up for making big profits down the road. All you have to do is find that sweet spot when the market is starting to rise. Below are a few other tips that should help you figure out if it is the right time to invest.

Study the market closely:

As the commercial real estate companies in Dubai will tell you, commercial real estate varies by market, submarket and type. The industrial property sector has seen its fair share of growth because of the direct-to-consumer shift. Because of this, the demand for regional warehouses has increased. More and more people are shopping online, which is why the number of regional malls are also decreasing. The market is constantly evolving, which is why you need to study it carefully. You should also pay attention to the migration patterns that can create vacancy in some areas and demand in others.

Buy when you can afford to:

You should only buy a property when you can afford to. You do not need to wait for a downturn to get a “steal.” If you have the finances to buy right now, you should go ahead. On the other hand, if you cannot afford it, you should wait even if it feels like the ideal time to invest. Just because a down market is beneficial for some does not mean it is the same for everyone.

Partner with a commercial real estate agent:

The support and guidance offered by commercial property estate agents Dubai can prove to be invaluable to you. An economic downturn affects the commercial real estate sector differently. That is why you should partner with a professional who has a vast knowledge of the real estate market of a specific region as well as the commercial sectors and economic patterns. Only a commercial real estate professional can help you find and analyze the data required to leverage the market conditions.

Find a local expert:

When partnering with commercial property estate agents Dubai, you should always choose a local expert. They are the ones who have the appropriate knowledge and experience to help you. Having observed the market fluctuations for years, they are in the best position to give you advice. A local expert will be able to tell you which areas have the highest potential for growth and are ideal for investing.

Pay attention to the economy and demographics:

A close look at the local demographic and economy should help you determine whether or not it is the right time to invest. The commercial real estate companies in Dubai can help you make a solid hypothesis based on data and stats. However, you can do your research and offer input as well. For starters, you can check out similar properties and find out if the market for them is shrinking or growing. Secondly, you need to check the employment rate in the area. The factors will play a critical role in your decision-making process.

Look for sustainable and consistent city growth:

Consistent and sustainable growth are great indicators that tell you which locations are ideal for investing. As the commercial property estate agents Dubai will tell, the city is always growing and evolving. A major chunk of the city’s economy relies on real estate. That means there is always something exciting happening in this sector. New developments are taking place every year, and there are great investment opportunities everywhere.

Identify and evaluate your goals and objectives:

Investing in commercial real estate without a clear and strategic objective can be a serious mistake. For example, let’s say your original plan was to invest in a retail shopping mall, but your research and market analysis show that a warehouse space that supports home deliveries would be a better investment. In this scenario, changing your objective would be the obvious choice. If you do not have a strategic goal that is backed by data, the commercial real estate companies in Dubai can help you with that.

Prioritize flexibility and reuse:

The reliable and experienced commercial property estate agents Dubai will always advise you to focus on flexibility and reuse, two qualities that make a commercial property ideal. That is because whenever the market experiences a downturn, one or more commercial sectors get hit the hardest. For example, the downturn caused by the COVID-19 pandemic has affected commercial real estate involving retail and office space the most. If you can find a property that can be repurposed and reused to meet the need of the hour, you will win regardless of the effects of the market downturn.

Find the best commercial property estate agents Dubai at RiseUp

So far, we have looked at all the ways you can determine whether or not it is the right time to invest in commercial real estate. However, regardless of what you decide, one thing is for sure – you need the help and guidance of commercial real estate companies in Dubai to make sound decisions. RiseUp is one of top real estate companies in the UAE. With years of experience in the commercial real estate sector, the agents at RiseUp are best suited to work with you on your investment journey.

Besides agents who can help you find the right properties, RiseUp also has reliable investment advisors and a highly efficient legal team to back you up every step of the way. If you are wondering about how they can help you invest in commercial real estate in Dubai, get in touch with them today!

Qualities To Look For When Hiring a Property Manager or Property Management Firm

 

best real estate agency in dubai riseup holding

Commercial real estate owners can benefit greatly from hiring property managers, but how to know who is right for the job? There are countless property management companies in Abu Dhabi, which is why choosing one can seem like a daunting task. There are, however, some telltale signs and attributes that make reliable and efficient property managers stand out from the rest. Knowing what qualities you should look for in a property manager can make the selection process much easier and smoother. So, while interviewing potential candidates, check if they possess the following qualities.

Organizational skills:

Do they seem organized? Most of the top property management companies in UAE manage everything from vacancies, showings, rental activity to rent collection, maintenance, and repairs. Without impeccable organizational skills, a property manager will never be able to fulfill his or her duties. To do all the work in an organized manner, property managers need to be comfortable using databases, spreadsheets, and various other project management tools.

People skills:

A large chunk of a property manager’s work involves dealing with people. Servicing existing tenants, showing units to potential tenants, and supervising the maintenance crew are only a few aspects of it. Without exceptional people skills, doing all that efficiently on a regular basis is simply not possible. Property management companies in Abu Dhabi put a lot of emphasis on hiring professionals who are good with people and that includes dealing with clients as well.

Time management:

Managing a commercial property involves several moving pieces. A property manager is responsible for every little thing associated with the property. A typical workday may include meeting five potential tenants and showing them the units, fixing the pool pump or the toilet that suddenly went bust, and taking care of other miscellaneous stuff. A property manager needs to be ready to deal with the necessary, the known, and the unknown. That is why efficient management of time is a huge priority for the property management companies in UAE.

Ability to work with modern technology:

Although real estate has not been too affected by disruptive technology, the sector has seen some significant changes. For example, these days, property listings are promoted and distributed digitally. Invoicing and collection, from both the rent management and vendor perspective, are often handled through various apps or programs. Although property managers may still need to maintain hard copies and paper systems, they cannot be solely reliant on it. The leading property management companies in Abu Dhabi are fairly tech savvy and they have kept up with the changing times.

Marketing skills:

Did you know that hiring property management companies in UAE also means you get marketing pros by your side? Marketing is a huge part of property management, and the professional you hire should know where to post property listings to attract ideal tenants. They should also be able to promote your property in the right manner on platforms that will generate the best responses. If you have several apartment units or a vacation rental in a touristy resort area, only being listed on a website may not do the trick. Your property manager will need to come up with a solid marketing strategy.

A strong network of vendors:

When you hire one of the reputed property management companies in Abu Dhabi, you get access to a wide network of vendors and contractors. Because property managers are responsible for overseeing the upkeep of the property, they need to have a strong network of handymen, tree care service, pool service, carpet cleaning service, repairmen, plumbers and so on. Even if you hire a professional who does not already have a network, they should be able to build one quickly. Furthermore, they should be able to evaluate and negotiate costs with the vendors and contractors.

Responsiveness and understanding:

Property management companies in UAE can make your life easy by handling all kinds of queries related to your property. Since they will handle the marketing aspect, they will also need to be responsive to inbound leads. A property manager who vigorously advertises on social media but does not respond to messages or queries in their inbox is not the right person for the job. An ideal property manager is also good at understanding what a person needs, identifying potential solutions to problems, and walking people through them.

Proactive attitude towards security:

A good property manager is never callous about security. Gone are the days when security measures simply involved bars on windows and deadbolts. Today, tenants may enquire about doorbell videos, smart locks, proximity sensors and other modern security technologies. A property manager should know about the various security options and they should also be able to explain what measures they are using and why. Most of all, a property manager should keep the building secure and make the occupants feel safe.

Wrapping up

A good property manager has several great qualities. While some of these attributes are innate, others are acquired through years of work in the industry. When interviewing potential candidates, you should ask questions that will address these issues or at least help you get a sense of whether or not they possess the qualities you are looking for. Aside from the attributes we mentioned above, a property manager should also be flexible, ingenious, professional, and patient.

If you are looking for property managers who possess all these qualities and more, check out RiseUp, one of the leading property management companies in UAE. With years of experience in managing commercial properties, RiseUp has both the manpower and the resources to help you. The professionals here at the company have worked with real estate investors from around the world. That is why they have a unique understanding of what you need when you give them the responsibility of managing your investment property. No matter what type of property you own, if you need experienced and efficient property managers, get in touch with RiseUp. Give th

The Time to RiseUp – Bringing Prominent Brands to Dubai Mall

Commercial Property For Rent

The Time to RiseUp – RiseUp Real Estate Helps Bring Prominent Brands to Dubai

Over the years, Dubai’s continued economic success has gained the attention of the world. The lure of this city is so strong that people from different parts of the globe come here to build their careers and lead happy lives. So, it is no surprise that big brands want in on the action too. With impressive infrastructures such as The Dubai Mall, the city offers excellent opportunities to global brands that want to expand their operations. RiseUp, one of the leading real estate companies in Dubai, helps businesses find the perfect commercial property for sale so that they can penetrate this fiercely competitive market with relative ease.

RiseUp in helping big brands to set up shop in Dubai

A lot goes into expanding into a foreign country and setting up shop. One of the common aspects that businesses struggle with is finding the ideal commercial property for rent or sale. That is why having a reliable and reputable company such as RiseUp makes the process much smoother. Home of the best real estate agents in the UAE, RiseUp has recently closed a deal with a prominent Italian brand and helped establish their first commercial operation in Dubai. This famous Italian watch brand trusted RiseUp to find the perfect commercial retail space, and RiseUp delivered!

best real estate agency in dubai riseup holding This deal was closed by our very own property expert Dyah Lesiana. You may read more about her achievements here. Contact Dyah today for all your property needs: dyah@riseupholding.com

The Dubai Mall – the ultimate location for international brands

When choosing commercial property for sale, most brands want a prime location. It does not get more “prime” than The Dubai Mall. As part of their most recent deal with the renowned Italian watch brand, RiseUp has successfully acquired a rental commercial retail space at The Dubai Mall. Penetrating into Dubai’s prime real estate sector is not easy. Only a real estate firm with years of experience, a solid reputation, and a strong network can make it happen. With an unbeatable combination of all three, RiseUp is the perfect real estate partner that any international brand can want when looking to expand in Dubai.

The Dubai Mall is home to some of the best brands in the world

Finding commercial property for rent at the largest mall in the world is a huge deal for a brand. Brands from all around the world are vying for a spot at such a prime location that attracts all the tourists and shoppers that the city receives every day, month, and year. There are over 1200 different outlets at The Dubai Mall, which means all these domestic and international brands are there under one roof. From fashion, footwear, perfumes, and clothing, to electronic, home furnishing, and various other luxury stores have found home at the world’s most famous shopping mall.

Finding the perfect commercial property for sale or rent in Dubai may be challenging, especially if you have your heart set on a prime location such as The Dubai Mall. That is why you need experts such as RiseUp by your side. Since its inception, RiseUp has helped numerous renowned brands find their ultimate location. To know more about how they can help you, get in touch with them today!

RiseUp Holding is ranked among the top 10 Real Estate companies in Dubai. We also top among the list of real estate agents in Dubai and acoss UAE. If you enjoyed the above blog, try our Dubai to Cut Property Service Charges this year blog.

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