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  • Advice
  • Nov 25, 2021

A Complete Home Buying Guide for Newlyweds in Dubai

Marriage is a life-changing experience, and so is buying a new home in an advanced metropolis like Dubai. The excitement knows no bounds in both cases. However, when you are looking to buy a new home as a newlywed, the process can be a little tricky since there’s a lot to consider.

To make it easy for you, we have come up with a comprehensive home buying guide for newlyweds in Dubai. So, without further ado, let’s delve into it right away!

Budgeting – An Integral Element of Home Buying Guide

Properties in Dubai are generally expensive. Therefore, the first step of the home buying guide is to sort your budget and evaluate your options. There will be a number of expenses that you have to cater to as a newlywed. So, take into account all of them, subtract them from your available funds, and then make a budget for buying a home.

When it comes to evaluating your options, you can either opt for upfront cash payment or a home mortgage loan. The latter is a more commonly pursued option as it offers great convenience and flexibility for buyers. However, remember that there are different types of home loans available in Dubai. It’s important that you get to know them and then make an informed choice. Furthermore, you need to meet the eligibility criteria to get your loan application approved.

Once your loan application is approved, you will be given a pre-approval letter, which indicates that your property hunt in Dubai has begun.

The Selection of the Right Type of Property

The next step in the home buying guide is to select the property type that meets your current and future needs. As a newlywed, there are many factors, apart from the budget, that are going to influence this decision. Among them, family planning tops the list. If it’s just you and your partner, a studio or 1-bedroom apartment in Dubai will suffice. However, if you wish to expand your family right away, you need to look for a bigger option. Again, the budget comes into the picture as the bigger the property, the higher the rates.

The crux here is that you need to be prepared for what the future holds for you when buying a home. It’s not every day that you will be out and about looking for a new home. Thus, the decision must be made after thorough consideration and deliberation.

Location Matters

No home buying guide is complete if it doesn’t highlight the importance of selecting the right location. To put it in very simple words, the location you have selected will play a major role in defining your lifestyle. So, choose wisely.

Here are some factors you should consider when selecting a location in this new journey of your life:

Family-friendly Areas

Dubai is composed of several communities and neighbourhoods. Some are more suitable for families, while others facilitate singletons and working professionals in a better way. As newlyweds, you should look for family-friendly areas that are safe, secure and convenient for families. Some of these areas are:

  • Arabian Ranches
  • Dubai Hills Estate
  • Palm Jumeirah
  • The Springs
  • Umm Suqeim
  • Al Barari
  • Dubai Marina
  • Emirates Hills
  • JBR
  • Jumeirah
  • Mirdif
  • The Greens

You can check out the latest property listings in these areas on Zoom Property. For a more convenient experience, download our mobile app and search properties on the go.

Freehold vs Leasehold Areas

This one’s important if you are an expatriate in Dubai. While the government allows foreigners to buy properties in Dubai; they can, however, do so only in areas marked as freehold. So, your search radius may be limited to a selected few communities if you belong to a non-GCC country.

Accessibility

A beautiful home that’s available at relatively affordable rates but located away from the city centre may sound like a feasible deal, but it can pose commutation challenges for you. Although a lot of areas in Dubai are self-contained, you will still have to travel for work or other purposes, which can be quite inconvenient. So, make sure to choose an area that’s easily accessible and well-connected to other parts of the city.

Also, ensure it is closer to your workplace and other important facilities, such as schools, hospitals, supermarkets, etc.

Other than these factors, the budget plays an important role in the selection of the area.

Amenities & Facilities

Modern residential developments come laced with state-of-the-art luxuries and amenities. These include a temperature-controlled infinity pool, manicured lawns, kids’ play areas, indoor and outdoor games areas, BBQ deck, etc. The presence of these amenities varies from project to project.

You can choose such a development if you are seeking an ultra-luxurious lifestyle. However, they come with a heavy price tag. So, take the affordability factor into account when making your pick. Having said that, you shouldn’t compromise on the basic facilities.

Property Research & Inspection

Property research and inspection are also two other factors that hold crucial importance in the home buying guide. Once you have selected the property, you should do thorough research on it and know about its ownership details. It will help you stay protected against property scams. The ideal approach, however, is to hire a professional, certified and renowned real estate agent. They have access to the required resources that will help you find details about a property.

Apart from property research, you should conduct detailed research on the area. Find out about the prevailing property rates, any upcoming developments and their impact on the area, etc. For instance, the areas located in close proximity to the Expo 2020 site are benefitting a lot from the marquee event. A surge in both the property prices and demand has been noted in these areas, particularly for ready-to-move-in properties near Expo 2020 Dubai. Getting information about the area will help you to know if it’s going to be suitable for you in the long run or not. Again, a real estate agent can help you in this regard.

Apart from research, inspect the home thoroughly before buying it. For this, hire expert snagging services in Dubai.

Understand the Buying Process

The home buying process in Dubai includes four major legal steps. These include:

  • Creating a Buyer & Seller Agreement
  • Signing the Memorandum of Understanding
  • Getting a NOC
  • Transfer of Ownership

It is important that you develop an understanding of all these steps and have the required documents with you to have a hassle-free home buying process.

This concludes our home buying guide for newlyweds. The process may seem a little challenging initially, but if your requirements are clear, the budget is sorted, and you fully understand the process, it won’t take long before you move to your abode with your partner and start a blissful life together.

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