Real Estate in Arabian Ranches, the UAE
Last updated on Jun 01, 2024
Summary: People living in Arabian Ranches, UAE offer advice about real estate. How do you find a home in Arabian Ranches? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Arabian Ranches?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Arabian Ranches, involves several steps. First, you need to determine your budget and the type of property you're interested in. Arabian Ranches offers a variety of options, from apartments to villas, so you should have a clear idea of what you're looking for. Next, you should research the area. Arabian Ranches is a large residential community located on the outskirts of Dubai, so you should familiarize yourself with the amenities, schools, and transportation options in the area. Once you have a clear idea of what you're looking for, you can start your property search. There are several online real estate portals that list properties for rent or sale in Arabian Ranches, such as Bayut, Property Finder, and Dubizzle. These websites allow you to filter properties by type, price, and location, making it easier to find properties that match your criteria. You can also hire a real estate agent to help you with your search. A local agent will have in-depth knowledge of the Arabian Ranches market and can help you find properties that may not be listed online. They can also assist you with the negotiation and purchase process. Once you've found a property you're interested in, you should arrange a viewing. This will give you a chance to inspect the property in person and ask any questions you may have. If you decide to proceed with the property, you'll need to negotiate the terms of the lease or purchase agreement. This will include the price, the length of the lease (if renting), and any other conditions. Finally, once the agreement is signed, you'll need to arrange for the transfer of utilities and move into your new home in Arabian Ranches," said one person in Arabian Ranches.
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What is a typical expat home or apartment like in Arabian Ranches?
"A typical expat home in Arabian Ranches, is a luxurious and spacious villa or apartment, often with multiple bedrooms and bathrooms. These homes are designed with a blend of traditional Arabian and contemporary architecture, featuring high ceilings, large windows, and often a private garden or terrace. The interiors are usually furnished with high-end, modern furniture and appliances, including fully equipped kitchens and state-of-the-art entertainment systems. Many homes also have amenities like private swimming pools, maid's rooms, and dedicated parking spaces. The community itself is known for its lush landscapes, golf courses, and polo fields, as well as its high-end shopping and dining options. Safety is a priority in Arabian Ranches, with 24-hour security and gated access to ensure the privacy and peace of mind of residents. The community also offers a range of facilities such as schools, healthcare centers, and recreational areas, making it a self-contained and convenient place to live," explained one person living in Arabian Ranches, the UAE.
What is the average cost of housing in Arabian Ranches?
If you are thinking about moving to Arabian Ranches, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Arabian Ranches, varies greatly depending on the type and size of the property. For instance, a villa can range from moderately priced to extremely expensive. On average, a two-bedroom villa may cost around AED 1.5 million, while a larger, more luxurious five-bedroom villa can cost upwards of AED 5 million. Apartments are generally more affordable, with a one-bedroom unit averaging around AED 600,000. However, these prices can fluctuate based on the property's location within the community, its age, and its condition," said one expat who made the move to Arabian Ranches.
Should I buy or rent a home in Arabian Ranches?
If you have not spent a lot of time in Arabian Ranches, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Arabian Ranches, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in the UAE for a long time, buying a home could be a good investment. Arabian Ranches is a popular residential area with high-quality amenities, making it a desirable place to live. However, buying a home is a significant financial commitment. You need to consider the upfront costs, such as the down payment and closing costs, as well as ongoing costs like mortgage payments, property taxes, and maintenance costs. If you're not ready for this financial commitment, or if you're unsure about your long-term plans, renting might be a better option. Renting a home in Arabian Ranches gives you flexibility. It's easier to move if your circumstances change, and you don't have to worry about the costs of home maintenance and repairs. However, you won't build equity as you would if you were paying off a mortgage. In conclusion, both buying and renting have their pros and cons. It's important to carefully consider your financial situation and future plans before making a decision. Consulting with a real estate professional or financial advisor could also be beneficial," remarked one member in Arabian Ranches.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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