Arabian Ranches is one of the popular gated communities in Dubai with emphasis on safety and security. As a resident, you will enjoy the luxurious combination of European finesse with Arabic rich architecture. You will have a peaceful environment away from the busy and noisy life of Dubai. Arabian Ranches is a tremendous future investment if you are planning to buy a property here, the as it offers incredible facilities like healthcare, golf, schools and retail centers. Before going to anywhere things to know before buying a flat we have brought some tips for you.
The following guide can help you make the better decision.
ARE YOU LOOKING for LIVE IN or invest?
Arabian ranches are best from an investment point of view. You can also enjoy the mature community services by paying little less. Arabian ranches II are ideal for investors. But if you want to stay for a long time in a unique and recently renovated home then Arabian ranches I would be the preferred choice. The price is quite high for the Moravian ranches I but keep in mind that all you need is just a suitcase.
UNDERSTANDING THE NEIGHBOURHOOD
Arabian Ranches are ideal for a family is a secure and safe community. The neighborhood is known for offering great amenities like coffee shops, retail centers, and medical care centers. Your kids can also enjoy play areas and swimming pool to kill the boredom. Moreover, the nearby schools and nurseries make it a perfect family place to live. The place is not for bachelors as it’s truly a family place. You can make a lot of golf buddies and friends as the place is quite socially active. If you want to upgrade the property, all you need is a NOC from EMAAR. The upgrades are common among the residents as the process is very simple and laid back.
Upgrade or No
It can a cumbersome procedure if you want to do property extensions. However, you will not face this in Arabian Ranches. If you want to do property upgrade, the process is quite relaxed and requires a one-time fee. All you need is approval form Dubai municipality and EMAAR.
The most prominent question in the buyer’s mind before buying a flat in Dubai is that whether there is resale value of upgraded property or no. The upgraded property has a great resale value as it enhances the overall value of the property and new buyers pay for the added value. The upgraded property is higher than the standard property and thus a great from an investment point of view.
Formalities To Move In
You need to have MIP (move in the permit) if you are planning to shift in Arabian Ranches. The MIP is essential, as it encompasses the occupant’s needs and updated information in case of some emergency. The process is simple which just involves an email with required documents to email@example.com. After 5 working days, you will be issued MIP. As a homeowner, the documents include the surety that all payments/fees are settled, property complete form, a copy of Emirates ID and passport, title deed copy and power of attorney. As a tenant, documents ensure that all the service fees are done form landlord, move in complete form, a copy of emirates id and passport, tenancy contract copy and registration certificate Ejari copy.
Service charges of communities in Dubai are necessary for community maintenance and are recurred monthly and yearly. The costs also depend on the development maturity of a community. The Arabian ranches are 10 years old, and thus the service charge is more than that of Arabian ranches II. The service charge for phase I is AED 11- 15 per sqft. These are things to know before buying a flat, which can give you the best flat in Dubai.