Dubai, a property market marvel, offers exquisite residential opportunities in its prestigious locales: Palm Jebel Ali, Dubai Marina, Jumeirah Village Circle, and Dubai Mall, to name a few. Let’s delve deeper into these prized territories.

Dubai Marina

Set against the backdrop of the Arabian Gulf, DAMAC Bay 2 Cavalli in Dubai Marina is a gem. Overlooking pristine sandy beaches and granting an unobstructed view of the majestic Ain Dubai observation wheel on Bluewaters Island, this destination spells luxury. Developed by EMAAR PROPERTIES, its design draws inspiration from sleek Miami feelings. From one-bedroom cosy apartments to opulent five-bedroom penthouses, the range is vast. Plus, the shopping arcades, gourmet restaurants, and laid-back cafes enhance its appeal. The overall design presents a blue water-inspired surroundings.

The Valley

Away from the urban fast life and situated just near the Dubai Al-Ain Road, The Valley is the serene retreat every city dweller craves. Comprehensive with educational institutions, athletic arenas, art hubs, and swimming facilities, it’s a self-sustained paradise. Proximity to attractions like the Rashid Yachts & Marina, Cricket stadium, and Formula One Racing Circuit adds to its Prime Dubai Communities.

Situated in The Valley, EMAAR Alana offers a spectrum of properties, from 3-bedroom apartments to expansive 5-bedroom villas. Enveloped by verdant landscapes, Alana is better for fresh weekends and intimate gatherings. Not to forget the dedicated fitness zones, pet-friendly parks, and modern townhouses, which are just a slice of what’s on offer. With prime roads nearby, navigating to Dubai International Airport or Downtown Dubai is a breeze.

Downtown Dubai

A landmark of the old and new, Downtown Dubai seamlessly integrates high-rise marvels with classic Arabic architecture. Tourist magnets like Burj Khalifa, The Dubai Mall, and The Dubai Fountain make it a hotspot. EMAAR PROPERTIES here offer apartments ranging from cosy 1-bedrooms to spacious 3-bedrooms, each with panoramic city vistas, modern amenities, and unparalleled luxury.

Several projects by EMAAR PROPERTIES are located in the heart of the Downtown Dubai district. They offer a wide range of apartments, including 1, 2, and 3-bedroom units. These apartments boast stunning views of the skyline, provide easy access to prime city locations, and feature modern architectural design. In addition, Properties by Emaar offers the finest lifestyle amenities and entertainment facilities, making it an excellent investment choice in Dubai.

Rashid Yachts & Marina

Emerging as a beacon for culture, shopping, and entertainment, Rashid Yachts & Marina is unparalleled. This locale mirrors a global carnival, mixing and combining the flavours of 90 countries into a singular entity. Here, investment equates to embracing global diversity. Conveniently located near Sheikh Zayed Road, EMAAR Clearpoint at Rashid Yachts & Marina is the new hub of luxurious living. Think 3 and 4-bedroom townhouses sculpted in Mediterranean design, landscaped gardens, bigger kitchens, communal green spaces, and luxurious amenities. It’s a world where elegance meets comfort.

Clearpoint is the latest phase launched at Rashid Yachts & Marina, which is located just ten minutes away from the Sheikh Zayed Road. It is one of Dubai’s most desirable communities that offers all that you need to enjoy life, both indoors and outdoors. Clearpoint is surrounded by vast lush greenery and a range of amenities, and it features spacious and affordable three- and four-bedroom luxury houses built in a modern Mediterranean style. Only a few minutes away from the Sheikh Zayed Road, Emaar Clearpoint is the latest phase launched at Rashid Yachts & Marina, one of Dubai’s most desirable communities offering all that one needs to enjoy life, inside and outside. Vast lush greenery and amenities surround Clearpoint, which consists of spacious and affordable three- and four-bedroom luxury houses built in a modern Mediterranean style.

Jumeirah Village Circle

This is one of the affordable housing communities in Dubai as compared to other housing communities. Here you can find more properties that are under 1 million Dh which is very less to find housing properties that are less than 1 million Dh and luxurious in every way. The community is designed in a circular way giving it a new and fresh feel for the buyers or people living there. This community also packs world-class commercial hubs and shopping malls where you can spend time with your family and friends. Builders like Binghatti and Danube have launched several housing projects like Binghatti Lavender and Elitz 3 that are very luxurious and also sold for under a million Dh because of which these luxurious studios and apartments were sold in huge numbers or quantities. Looking into this there are also more projects like studio, 1, and 2 bedroom apartments are going to be launched in Jumeirah Village Circle.

The entertainment and commercial hubs of this location are also very popular among the people. Looking into this trend, builders like Samana Developers are also going to launch new projects like Samana Manhattan and Samana Manhattan 2 in JVC itself. From here you can imagine the popularity of Jumeirah Village Circle among the foreign buyers and investors. Jumeirah Village Circle is a nice place to live and buying properties to stay, spend holidays, or give it on rent. This community is also known for having popular malls and shopping areas which have several international brands to choose from.

Conclusion

There are several communities in Dubai but Jumeirah Village Circle and Emaar the valley is one of the better choices for buying properties because of its value for money pricing. So, if you’re seeking an investment that promises returns, both financially and in life quality, Dubai’s  popular neighbourhoods await your eye to see and then invest in Prime Dubai Communities.

The post Prime Dubai Communities for Buying New Property (2023-2024) appeared first on Silverglades Hightown Residences.

In the heart of the Middle East area of the world, surrounded by dunes and surrounded by the warm waters of the Arabian Gulf, Dubai has always captured the market trends. Known for its beautiful skyscrapers, luxury lifestyle, and tax incentives, Dubai cemented itself as a top global destination. But what made its property market resilient, especially when others were in flux?

A City of Opportunities

Dubai was never just another city. It was a dream. A place carved out of the desert by its leaders. Their goal was not merely to create a city but to make a global hub of commerce, tourism, and luxury. This ambition is reflected in its property market. Every building, be it the world’s tallest tower, Burj Khalifa, or the fantasy islands of Palm Jumeirah, was a statement to the world. Dubai aims to provide world-class housing projects like Samana Golf Views and EMAAR The Oasis Phase 1A .

In the ever-shifting landscape of investment options like gold, stocks, cryptocurrencies, and derivatives, Dubai Real Estate stands as a favorable asset class. The value it offers rests in its consistency despite price swings, making it a desirable option for investors who have profited from growing prices over time. Investors may now diversify their portfolios, take advantage of long-term appreciation, and create another reliable source of income thanks to this growth.

Nevertheless, the developing landscape in Dubai Real Estate presents a counter-narrative.

Despite escalating sales prices and rising interest rates in Dubai Real Estate , a growing number of tenants are transitioning into end-user buyers, bypassing lease renewals and relocations. Importantly, these buyers aim to spend less on monthly bank installments than they would on monthly rental payments. They view property ownership as an investment that, once paid off, holds substantial capital appreciation potential, offering the option to live in it for free, generate rental income, or sell it for a substantial lump sum.

Banks and Tax

Imagine earning and spending without the worries of taxes. One of the many tales whispered among businesspeople and professionals was the allure of a tax-free life in Dubai. No personal income taxes and beneficial business setups made it attractive for people to live, work, and invest. Naturally, this meant more people were looking for places to stay, pushing up the demand for real estate.

The UAE Central Bank maintains its usual borrowing rate – the base rate for the overnight deposit facility – at 5.15 percent. In contrast, the US Federal Reserve, which recently completed its tenth successive benchmark rate hike, retains its range of 5 percent to 5.25 percent.

In times of international uncertainties and turmoil, Dubai shines as a beacon of investment. Whether it’s the challenges posed by COVID-19, conflicts, or financial crises, Dubai remains a sanctuary for investment, offering security and luxury because of its favorable bank policies. The current global inflation level serves as yet another example of the emirate’s resilience, driving an influx of investment. In this light, global inflation emerges as an opportunity for the UAE rather than a problem.

The Challenge Faced by Dubai and Other Countries

Unlike other major economies such as the US, Brazil, Singapore, and Turkey, which have grappled with inflation’s challenges, Dubai has managed to fare relatively well under inflationary conditions, mainly due to rapid advancements in both oil and non-oil sectors with easy transportation through cargo ships.

Located with the connectivity between East and West, Dubai was like the grand old inn where travelers from all around would stop, rest, trade, or even set up home. With one of the busiest airports and ports in the world, Dubai was well-positioned for international business and trade. This made the city a magnet for global enterprises, and with businesses came professionals, and with professionals, a demand for homes.

Properties in Dubai Real estate and Other

There are houses and apartments for everyone in Dubai. From the grandeur of villas overlooking golf courses to the simplicity of studio apartments, the Dubai property market catered to everyone. This inclusivity ensured that regardless of budget, people could find a suitable place to live like The Golf Residence by Fortimo and Binghatti Amber .

In Europe, the housing market’s deceleration and limited supply have aggravated the demand-supply gap. This, coupled with challenging financing conditions, has led to further declines in investment volumes. Meanwhile, the Asia Pacific region maintains its growing appeal in the residential sector, despite reduced activity in Japan due to a shrinking pool of foreign buyers and wider bid-ask spreads, contributing to an overall drop in regional transaction volumes.

Nonetheless, the turbulence from the latter part of the previous year has continued into the present, causing fluctuating rates and an uncertain economic outlook that affects investor confidence. The ongoing cycle of rate hikes, exacerbated by troubles in the banking sector, has added an extra layer of instability to real estate lending. Consequently, lending standards are tightening across various global markets, intensifying pressures on debt issuance within an already strained market. While the effects of rate hikes have influenced real estate lenders across the board, banking troubles have primarily impacted banks, raising regulatory concerns about their exposure to commercial real estate.

Development and Housing Market

Dubai was like the stage that was always set for the next big show. A metro system cutting through the heart of the city, roads connecting every corner, international schools, world-class hospitals, and recreational areas; the city was constantly evolving. Such infrastructural development made it a comfortable place for families and individuals to settle down, thus fuelling the demand for properties.

Consider the year around the start of 2022, when the global housing market reached an impressive value of nearly $28,917.7 billion. Forecasts suggest that by 2031, this value could soar to approximately $4,923.3 billion. Such remarkable growth is underpinned by economic fundamentals within the demand and supply equation. Globally, the demand for housing is on a steady rise, with an increasing world population and a growing trend toward urbanization that fuels preferences for attractive hotspots. Additionally, Dubai Real Estate signifies tangible, owned spaces or portions of land, and land, as we know, is finite. When demand surges while supply remains constrained, prices inevitably ascend.

Flexible Property Laws for Foreigners

Once, it was a time when only the locals could own land in Dubai. But now, the rulers of Dubai decided to open the gates of property ownership to foreigners too. This move revolutionized the property scene. Investors from all over the world are attracted to Dubai, knowing that they could own a piece of property in this beautiful desert.

Further boosting this scenario are governmental initiatives aimed at luring real estate investments. Countries like the US and Australia provide loans at favorable rates, while Canada offers golden visas for foreign investors keen on real estate ventures. Prominent tourist destinations such as Dubai, France, and Malaysia offer enticing incentives to attract international investors.

Amplified visa regulations, a favorable business atmosphere, and the secure, lavish lifestyle facilitated by the UAE contribute to robust market performance, enticing more international buyers to embrace the Emirates as both their residence and preferred investment destination. The issuance of numerous golden visas, the advent of retirement visas, and an array of property-linked visas are increasingly appealing to residents and investors alike. Dubai’s anticipated population growth across various income segments aligns with its 2040 goal of hosting 5.8 million residents, nurturing sustained demand.

Stability and Resilience

While inflation unquestionably propels an upward trajectory for real estate property prices, a comprehensive analysis reveals an intriguing correlation. Historical property prices and inflation data unveil a compelling trend: property value appreciation consistently outpaces inflation rates. As inflation erodes consumers’ purchasing power, a shift is observable – more individuals are purchasing rental properties as investments rather than end-users buying homes to inhabit.

In the situation of global uncertainties, Dubai is available as a market of stability and safety. Its low crime rate, combined with a good lifestyle, attracted many buyers from other countries. People can dine at world-class restaurants, shop at luxurious malls, or simply enjoy the serenity of Dubai’s beaches. Dubai can offer a lifestyle many dream of. And to be a part of it, many buyers around the world have owned or rented a home here.

Dubai has demonstrated commendable resilience in the face of inflation, primarily due to rapid progress in both its oil and non-oil sectors. Moreover, the UAE government has implemented steps to balance inflation’s effects, including changing mortgage rates. However, this is only the face of the bigger picture. Dubai benefits hugely from the purchases from rich individuals seeking luxurious, costly luxurious properties, largely driven by its popular tourism sector. Increased oil production and proactive reform efforts have invigorated economic activities in the non-oil sectors, collectively supporting Dubai’s economic expansion and helping absorb the impacts of inflation.

Rising of a Global Luxury Hub

Dubai, however, emerges as a standout among various property investment landscapes due to its status as a low-tax location, a market that boosts its profits. The year 2023 witnessed consistently positive investor sentiment in Dubai, with the residential market continuing an impressive upward trajectory, with values increasing by 5.6 percent in the first quarter alone. This marks the ninth consecutive quarter of growth, driven by robust demand for upscale secondary residences, and the city is rising into a global luxury hub.

Drawing from this sentiment, the anticipated impact of interest rate hikes on Dubai Real Estate remains minimal. Furthermore, the absence of property taxes, attractive rental yields, reasonable overall price per square meter, and a host of investment-friendly initiatives like residency and golden visa programs in the UAE will continue to entice buyers, nurturing growth.

Lastly, at the helm of our tale was the leadership of Dubai. They saw potential when others saw the desert. They planned and invested, not just for the present but for the future. Their decisions, policies, and determination were the backbone of Dubai’s booming property scene.

Conclusion

While the winds of change constantly buffet Dubai Real Estate, making some cities stumble and others rise, Dubai has managed to carve a niche for itself. Through its unique combination of ambition, strategic positioning, welcoming laws, and an unparalleled lifestyle, Dubai’s property scene is not just surviving but thriving. And as with all good tales, the city’s potential continues to inspire, drawing many to be a part of its ever-growing narrative.

The post Dubai And Other Country’s Real Estate: Challenges And Resilience appeared first on Silverglades Hightown Residences.

But we discuss the process of how Indians can buy houses in Dubai, let’s check why Indians buy houses in Dubai.

Why Do Indians Buy Houses in Dubai?

Presently, Indian real investors are searching for other options with better returns on investment owing to variations in the Indian economy and a shortage of investment benefits specifically in the property market. This is one of the major reasons why Indian real estate investors are willing to own houses in Dubai. Let’s discuss further why Indians buy houses in Dubai for the ease of the investors.

• The rise in property prices in India is the next major reason why buying a house in Dubai has become feasible for Indians. Going by the trend analysis, Indians have made more than 25% of the real estate investment in Dubai. 
• The next reason is that there are tax-free returns of around 8-10 percent along with a good capital appreciation for Indian real estate investors in Dubai and a sound capital appreciation. Also, the RBI remittance policies enable Indian investors to transfer $250,000 to Dubai every financial year. Under this policy, a couple can transfer $500,000 annually, via which the Indian investor can get an outstanding property in Dubai. 
• The next reason is that the registration process of property in Dubai is easy and fast as compared to India. Suppose, if an Indian real estate investor invests 1 million Dirhams or more in Dubai’s property, then it is expected that they shall receive a Dubai residency visa for it. Furthermore, the property prices in Dubai are more affordable than in India. 
• In Dubai, the selling of property is done as per the carpet area, whereas the sale of Indian property is done in terms of built-up area. There are many apartments that are available for sale in Dubai that come along with pre-fixtures and furnishing. Whereas, the apartments come with basic installation and without any additional finishing in India. Furthermore, there are no charges for parking space in Dubai, while it is not free in India.
• After considering all the factors, you will definitely get an outstanding deal in Dubai and higher returns on investment. Currently, you can purchase about 99 sq.m. of land in Mumbai for $1 million whereas at the same price, you can purchase 162 sq.m. of area in Dubai. 

Over the past decades, Dubai has witnessed tremendous development in tourism, business, and real estate investment. Thus, if you are looking at how can Indians buy a house in Dubai, make sure to understand the major points elaborated below. 

Top 5 Reasons Why Indians Should Buy House in Dubai

As per the Foreign Exchange Management Act (FEMA) of 1999, Indian residents and non-residents are permitted to buy property abroad. With this, Foreign nationals are also permitted to buy houses in Dubai. Going by the statistics, the majority of property buyers belong to India, the United Kingdom, Saudi Arabia, and other numerous countries.

There is outstanding real estate growth in Dubai. Mentioned below are the top five reasons that attract Indians to own houses in Dubai.

1. Thriving Economy

The real estate of Dubai is evolving and expanding rapidly in the United Arab Emirates. The economy of Dubai is popularly known for its positive mindset. There are a plethora of business and employment opportunities available in the city which results in high population growth and housing demand across the globe.

2. High Rental Rates

Dubai real estate properties are popular for their high rental ratings and architecture. Generally speaking, a nominal return of 7% on Dubai property on average is higher as compared to other countries.

3. Tax-Free Income

Is there anyone who is not willing to reside in a country where there is tax-free income? The answer is most probably No. The strategy of Dubai is to offer tax-free income. As we know that personal tax is the major source of expenditure. There is no taxation policy for the citizens of Dubai. However, the duty strategy is applicable only to foreign banks and big oil companies.

4.  Numerous Residential Properties

There are a wide variety of properties available within and around Dubai. In luxurious areas, there are numerous apartments, villas, studios, and other residential properties. These multiple residential property options attract Indian real estate investors to own houses in Dubai.

5. World-Class Amenities & Facilities

The lifestyle of Dubai is elegant and comfortable and also respects different cultures. The advanced, high-end lifestyle opens the door to various employment opportunities and high packages. With this, the property prices of Dubai are economical and budget-friendly for both luxurious houses and investment opportunities.

Things to Know Before Buying a House in Dubai as an Indian

Dubai is a home for foreign real estate investors. There are numerous reasons why investing in Dubai’s real estate property is far better than investing in Indian real estate. However, the guidelines for buying real estate property for UAE nationals and Indians vary. Thus, one should keep in mind the following before buying a house in Dubai as an Indian:

Knowledge of Freehold Ownership

As an Indian resident, there are few areas where you are allowed to purchase real estate property. Those areas are popularly known as freehold areas. Here is the list of freehold areas with huge rental yields including Dubai Hills Estate, Palm Jumeirah, Dubai Marina, etc. Dubai International City and Dubai Silicon Oasis are also in the sights of foreign investors with fair budgets. Thus, it is important to have complete knowledge of where you can invest your money and make the investment in the best property among the given options.

Receive Pre-approval

Before buying a house, it is important for Indian real estate investors to receive pre-approval from Dubai Land Department. To successfully get pre-approval, you are required to complete the submission of various documents such as a passport, photo ID card, proof of income, financial statements, etc.

Full Disclosure to the Indian Government

According to the Foreign Assets (FA) Schedule and the Black Money (Undisclosed Foreign Income and Assets) Imposition of Tax Act (Black Money Act), it is mandatory for all Indian real estate investors to disclose their overall property purchases in Dubai to the Indian government. You should be familiar with this point in advance if you are interested in owning a house in Dubai as an Indian.

Familiarity with Financing Options and Mortgages

To begin with, Indians are allowed to apply for loans and mortgages from Dubai banks. But, the highest loan-to-value (LTV) ratio that the banks provide in Dubai differs for residential and commercial properties. For residential properties, the LTV ratio is higher than for commercial properties.

Understanding the Off-Plan and Ready Properties purchasing procedure

There are a few major differences in the buying procedure of off-plan and resale (ready) properties. If you are buying an off-plan property, then you need to submit your passport and reservation structure which summarize the information of both parties, basic terms and conditions, and payment options. With this, you also need to pay for a reservation deposit.

However, if you are willing to buy a resale property, then you and the other party need to sign a Memorandum of Understanding (MoU) and pay a non-refundable fee of 10% of the property price to the seller and then settle the real estate agent’s fee (which is approximately 3-5% of the property price). After paying the full amount of the property to the seller, the purchase will be successfully completed.

10 Tips On How Can Indian Buy House In Dubai

Here is a list of the top 10 tips on how one can Indian buy a house in Dubai shared below:

Evaluate the reason why you want to buy a house 

Before discussing how an Indian can buy a house in Dubai, it is important to identify whether buying a house is for investment or personal use. After deciding the reason, perform market research analysis accordingly. For example, if you want to buy a house for investment purposes then you will most probably rent it out. Hence, you should buy houses in Dubai areas with the maximum rental yield.

For a profitable investment, it is recommended to purchase a 1 or 2-bedroom apartment as compared to a villa. The rental yields of apartments are higher than the villas, even though the villas are more luxurious

Clarity on Type of Property

Most Indian real estate investors usually choose to purchase townhouses, villas, or apartments that are situated in gated communities with world-class amenities including swimming pools, gyms, etc.  Therefore, it is advised to invest in a property in one of the freehold areas where foreign citizens are permitted to purchase a property. Some of the luxurious real estate developments in Dubai include Jumeirah Gardens, International City, Emaar Towers, and Al Hamra Village.

Find a Reliable Real Estate Agent

It is recommended to choose a reliable real estate agent or find an experienced real estate agency in Dubai. You should research thoroughly and check the list of highly recommended property agents to avoid any inconvenience in the future. 

A good real agent is a person with complete details about all types of houses and charges fair fees in the market. Also, confirm that the real estate agent you are hiring is legal by verifying their Real Estate Regulatory Agency credentials on the Internet.

Verify Everything

If you are willing to purchase an off-plan property in Dubai or any other property, you must clear all your doubts by asking as many questions as possible. With this, cross-check the reputation and popularity of the developer and the real estate agent when buying a house in Dubai. If you are purchasing a house from a developer, verify the quality and their delivery deadline. If purchasing a property from a real estate agent, then check the reviews from the prior clients, experience, and reliability as they are required to be registered with the Dubai Land Department.

Knowledge of Purchasing Procedures in Dubai

In Dubai, you can purchase a house in two ways i.e. one is resale from a private seller and the second one is off-plan from a developer. Therefore, when buying an off-plan property, Indian real estate investors should submit their passports as it is a requirement to close the deal. With this, you are required to make a payment of reservation fees that ranges between 5% to 15% to draw sales and purchase agreements. 

Next, if you are buying an under-construction property, then ensure that the contract/agreement includes the completion date. Also, if the developer could not complete the work within the deadline, then they are required to pay the compensation (if applicable).

Documents Required to Buy a House in Dubai

Over the past few years, the process to buy a house in Dubai has become easy for expats or Indians. They are required to submit their passport as proof of identification. Also, they are not required to possess a residency permit to buy a house in Dubai, but they need to take care of it to reside in Dubai. 

Also, the UAE government offers a six-month property visa to the buyer, popularly known as the “Property Holders Visa”. This permits Indian real estate investors or ex-pats to stay in Dubai amid the investigation on investments. Also, as an individual they need to purchase a property that values more than a million Dirhams.

Calculation of the taxes and fee

There are specific charges that should be considered by the buyers while purchasing a house in Dubai. The distribution of fees includes real estate broker’s fees, mortgage fees, developer’s fees, etc. Therefore, it is essential to find out which charges will be added to the 5% of the overall property price. 

While ascertaining the cost, always add the deposit price, property cost, transfer fee, currency exchange difference, and purchase fee. Even though it’s not needed legally, it can protect your rights and thus you should hire a real estate lawyer for assistance in the paperwork. The costs will also include the fees of the lawyer and the registration cost of the property.

Knowledge of Mortgages

Taking mortgages in Dubai can be a daunting task, and self-certified mortgages are not permitted in Dubai. With this, one should ensure that the mortgage repayment and other monthly expenditure should not be more than 35% of your overall monthly income. As mortgage rules and regulations keep on changing in Dubai, thus one should follow legal advice upon consultation with local real estate experts.

Knowledge of the leasehold and freehold areas is important

One should have the proper knowledge of leasehold and freehold areas before buying a house in Dubai,

• Freehold areas: Dubai has permitted foreign citizens to buy property within the boundaries, only in particular regions. These regions are popularly termed freehold areas. Ras Al Khor, Al Gouz, Al Barsha, Emirates Hills, and Jebel Ali, and a few examples of freehold areas in Dubai.
• Leasehold areas: Leasehold areas are those regions that permit a lease duration of 10 to 99 years without full ownership. Jumeirah, Deira, and Discovery Garden are a few examples of the leasehold areas of Dubai.

Pre-approved mortgage

Once you decide to buy a house in Dubai, always make sure that you have a pre-approved mortgage from the lending sources. This will make the process of buying property easy with the ready funds to complete the transaction process. At this point, you need to make the payment of the full amount of the house for the purchase completion.

Where do most Indians invest in Dubai?

Indian real estate investors look for the best location when deciding to purchase a house in Dubai. Areas like Downtown Dubai, Jumeirah Lake Towers, and  Dubai Marina are some of the popular homes of High Net Worth Individuals (HNIs) from India looking to buy apartments in Dubai. 

Furthermore, areas like Palm Jumeirah, Jumeirah Village Circle, and Dubai Hills Estate are diverse options to buy luxury villas in Dubai. International City and Dubai Silicon Oasis are popular areas in the real estate markets that offer higher returns on their investment.

What Is The Cost Of Buying A House In Dubai as Indian?

There are a few prices pertaining to the cost of buying a house or property in Dubai. The list of different costs is shared below:

Upfront Fees For Buying A House

The guidelines in Dubai are prescribed to safeguard the interests of buyers and sellers. According to the rules, there are many upfront fees for buying a house in Dubai. You are required to pay these upfront fees with the price of a house in Dubai. The amount of upfront fees is not fixed. There are various factors considered for determining the fees which include the type of property, seller, etc. The distribution of upfront fees breakdown for different types of property has been shared below: 

Upfront Fees For Ready-to-Move Property: Purchasing a house in Dubai directly from the developer is economical. To purchase ready to move house in Dubai, you are required to pay certain fees to the Dubai Land Department (DLD) as shared below:

• DLD Fees: 4% of the property’s value.
• Title Deed Issuance Fees: AED 520
• DLD Admin Fees: AED 4,200

If you are purchasing a house in Dubai through a mortgage, then you need to pay a mortgage registration fee as well. But if you are purchasing the property by paying full cash, then you don’t have to pay any mortgage registration fee in the purchase. The cost of buying a house in Dubai will increase if you hire a real estate broker. The fees of brokers may go up to 2% along with all the fees discussed above. 

Upfront Fees For Off-Plan Property: To purchase an off-plan property in Dubai, you should connect with the seller or developer of the real estate property. With this, you will have to pay 4% of the cost of buying a house in Dubai in both cases. The buyer is required to make the payment of AED 5,250 and 4% value for the issuance of the Oqood Certificate. This is a compulsory certificate that supports the claims of registration of property under the buyer’s name in RERA. To receive the certificate, the buyer is required to pay 25% of the property in advance. 

Initial Deposit

The mortgage price of a property in Dubai should be paid by the buyer in both the cases of ready-to-move or off-plan properties. This initial deposit protects the purchasing rights of the house under the buyer’s name. For the ready-to-move property, the initial deposit is approximately 10% of the purchase price. This payment will be made to the seller in cheques. A RERA registered broker will receive this amount until the property rights are transferred to the buyer.

Mortgage Fees

• The fee For Bank Mortgage Arrangement is 1% of the property’s loan amount + 5% VAT
• The fee For Property Valuation is AED 2,500 to AED 3,500 + 5% VAT

The Buyers who are willing to cover the cost of buying a house in Dubai via a mortgage or Home loan in Dubai are required to pay the fees shared above to the bank. Also, there are few Dubai banks that offer the option to include this fee in the upfront costs of the buyer’s mortgage which would minimize the burden of the initial financial expenses of the buyer.  

Being a buyer, it is crucial that when a seller possesses a mortgage when buying a property, they are required to pay the seller’s mortgage in the first place. Upon the successful completion of the payment, the buyer will collect a No Objection Certificate (NOC), an important document to transfer the rights along with DLD. 

NOC is an essential document specifying the fact that the seller has made the payment of all fees and service charges, and is ready to transfer rights to the buyer without any objection 

Service Fees

Upon the successful transfer of rights and transactions, the additional price in the form of service fees is also included. According to the RERA Service Charge and Maintenance Index, buyers need to make payments to the DLD for property maintenance annually. 

The RERA Index decides the service fees according to the area of the house (per square foot) and the community. One can check the latest fee details from the official website of DLD. 

The service fees along with the cost of purchasing a house in Dubai change based on the conditions of common community areas like water, parks, security, lifts, swimming pools, etc.  

Insurance Fees

• Home and Contents Insurance is AED 1,000 approximately
• Life Insurance is 0.4-0.8% per annum (approx.) on the decreasing loan balance

Home insurance is not referred to as an essential part of Dubai. However, it is still suggested to the buyers of property. Home insurance offers protection against any loss due to theft or damage, natural calamities, etc.

However, in the case of a mortgage, life insurance of the home is mandatory for the buyers. The cost of life insurance is an outgoing payment of purchasing a mortgaged house, which is taken into account in the property price of the Dubai budget of the buyer. 

Basically, the banks will charge this home insurance separately from the loan every month. Around 0.4% to 0.8% will be charged by the banks based on the decrease in the mortgage. Selecting life insurance outside the bank can be affordable for youth house buyers. 

What To Consider For The Price Of a House In Dubai?

Another important point for Indian real estate buyers in Dubai is to check the extra expenses that come along with the ownership. If you are thinking of opting for a mortgage to pay the expenses including repair and maintenance, then you are required to create a plan beforehand. Any delay in planning can adversely affect your financial conditions.

Firstly, you need to understand the fundamentals of real estate for the proper calculation. If you cannot reach a satisfactory solution on your own, then you can consider the recommendation from professional and experienced consulting firms. 

For instance, if you are an Indian real estate investor with a purchase price of a property in Dubai under AED 2 Million, then you are eligible to receive a resident visa of the country. Thus, a consulting firm will guide you on receiving a resident visa without any hassles or requirements to step into the lengthy process. 

Current Home Prices In Dubai

The complete cost of buying a house In Dubai is based on the current trends is shared below;

As per the Property Monitor Analytical Service, in January 2022, the average cost of Dubai houses was AED 1,575 (428.8$) per square meter or 34.4% Y-O-Y. With this, the premium housing cost increased by over 35% and 37.2% in the basic price segment, and this was 15.7% Y-O-Y. 

Now let’s discuss the complete details to understand it properly as it will be helpful in your decision-making.

How Much Is Property In Dubai?

Check the distribution of prices for various properties in Dubai including apartments, villas, land, etc as shared below:

Let’s share more details on the basis of the best areas to buy apartments in Dubai in 2023.

After going through the above-mentioned data, you will get a fair picture of the current price of a house in Dubai where one can proceed ahead with the right investment decision and planning to buy the property. On the other hand, if you are willing to earn monthly rental, then 10,000 AED is considered a good amount for the secondary income source, and this amount differs on the basis of the location and type of property you choose for.

Factors That Influence The Cost Of Buying Property In Dubai as an Indian?

As per past trends and analysis, it is witnessed that the price of property increases with a stable economy and vice versa. Since the cost of buying a house in Dubai is not fixed, it is recommended to check the price every year. 

The Dubai real estate market attracts both locals and foreign citizens. But the cost of property in  Dubai is not equivalent for both. Here are the factors that are considered responsible for determining property prices in Dubai:

Economic Condition: Dubai is one of the most stable economies across the globe as buying a house is affordable and economical in the city. Even though the cost of property is higher, it is still economical compared to other luxurious cities all over the world. The stability in the economy of the city leads to the financial stability of the buyers. Hence, they can own a house without any hindrance in the city. 

Location Of The Property: The location plays a pivotal role in determining the cost of property in Dubai. Many regions are more expensive compared to other areas. In addition to this, the availability of facilities, amenities, transportation, and much more are deciding factors of the price along with the location of the property.  

Age and Physical Condition Of The Property:  New houses in Dubai are expensive.  The old properties may have a few defects in the future including rusted pipelines, waterlogged roofs, etc. This would be in addition to the expenses for the buyers. However, when you purchase a new house, a final check is ensured by the seller. Also, the buyers can negotiate the expenditure so that they don’t have to bear the cost of big expenses after purchasing the property.

Buyer’s Employment Status;  If you are an unemployed buyer, then you may not have enough budget to purchase a property in the city. As you are unemployed, there are possibilities of variations in your finances, which would minimize the demands for buying property in Dubai.

Property Upgradation: Renovations, updates, and upgrades are additional charges to the actual price of the property. The expenses for renovations of the kitchen and bathroom are also added to the property’s value. Other upgrades including furniture, wall paints, and ceiling designs can also affect the cost of property in Dubai.

Conclusion

We hope this article on Can Indians own house in Dubai was informative for our readers. Going by the trend analysis, Indians have made more than 25% of the real estate investment in Dubai owing to its luxurious and comfortable living experience with better ROI.

If you are interested in investing in Dubai’s real estate, then you should gain an understanding of the type of properties that the Indians are willing to buy in Dubai; a list of documents needed along with the mortgage rules and regulations. Many Indians are willing to buy houses in Dubai and thus it is crucial to learn more about how Indian real estate investors can buy houses in Dubai.

Even though, after covering all these factors, you will get a proper idea about how to own a house in Dubai from India, it is still recommended to connect with Dubai Housing to purchase the property without any hassles.

FAQs

Can an Indian own house in Dubai?

Yes, an Indian citizen could buy a house in Dubai on a freehold basis, be it an ex-pat or a non-resident real estate investor.

How can an Indian invest in Dubai real estate?

Indians are permitted to transfer over Rs.1.85 crore abroad every financial year. Also, if any Indian sends more than 1 a million Dirhams in Dubai real estate, they will also receive a 3-year Dubai residency visa. Also, they can claim a 5-year Dubai residency visa by investing in a property valued at 5 million dirhams or above.

Is buying a property in Dubai easy?

Although the UAE is a hub for real estate investment, the rules for purchasing a new property have made property investment a bit challenging. However, the issue can be solved by connecting with an experienced property agent.

Are Indian eligible to get Dubai citizenship?

There is no specific clause for offering citizenship in Dubai, but one could be eligible to receive a residency visa by making an investment in Dubai property and also renewing the same after its tenure is over.

Should I shift to Dubai from India?

Dubai is a beautiful place for Indians owing to its comfortable and luxurious living with a plethora of job opportunities along with no restrictions on religious choices. All types of culture, and religious beliefs including temples, churches, gurudwaras, etc are available across the city.

Is it costly to own a house in Dubai?

The price of a Dubai property differs as per your choice and preference. If you are willing to purchase a small house, then it is less expensive as compared to big homes in luxury communities. Also, buying property in posh areas of Dubai is also affordable as compared to other rich properties in other parts of the world.

How much does an average house price in Dubai?

The average price of a house in Dubai is $760,000. However,  the cost of houses in Dubai makes buying a property economical for everyone.

Can a foreigner buy a house in Dubai?

Yes. Foreigners can own a house in Dubai in the specific areas known as freehold. Those who do not stay in Dubai or do not possess any ownership can enjoy the ownership of freehold properties without any prohibition for up to 99 years.

What are the factors to be known by an Indian real estate investor before buying a house in Dubai?

Some of the factors to be known by an Indian real estate investor before buying a house in Dubai include Knowledge of Freehold Ownership, Receive Pre-approval, Full Disclosure to the Indian Government, and much more.

What is the price of a flat in Dubai?

The starting price of a one-bedroom flat in Dubai is $834. With this, the price of the flat will keep on increasing depending upon the area and size and in which one is planning to stay.

The post Can Indians Own House in Dubai? appeared first on Silverglades Hightown Residences.

2022 New Year sets new resolutions where each of us tries to infuse better things in life to bring new changes and stay content for a complete year. And here we are going to unveil the new tips to decorate your home in New Year Resolutions to get its better outputs.

SMART TIPS TO DECORATE YOUR DREAM HOME IN NEW YEAR RESOLUTIONS

1. DECORATE WITH LED

Lightening is considered as one of the essential ways to decorate your home both inner & outer. Do not make it too colorful because otherwise it going to look shadier, so better to use warm white light, yellow or white light.

Other than this, the bonsai spirit tree fairy lights table lamp adds extra spark to the area where one can get into the beauty panorama created by the best choice LED lights and other fancy lights that upgrades the beauty on New Year because more lightening will bright up your dreams, vision, and choice.

• WHITE BALL CURTAIN
• MARQUEE LIGHT UNICORN SHAPE
• LED MOVING FLAM PILLAR CANDLE

2. GO WITH LIGHT COLORS

Light and bright colors of walls or curtains are way better to bring positivity to your home, so if you have dark walls, then you need to take the pain of changing its color and add better colors in order to bring better vibes at home.

LIST OF COLORS FOR HOME DECORATION

• BLUE WOOL
• FOGGY DAY
• CURLING BARK
• SOFT FLUTTER
• PEACHY PINK

So as per your preference you can pick any light color for your walls to change their theme, aroma and to create a perfect panorama in Silverglades Hightown Residences.

3. CONNECT WITH FLOWERS

Flowers look like a small addition to any place, but it brings better results when added, so don’t go with their size, but try to infuse your space with different flowers where each one of them holds its prime meaning and influence.

• White Rose- Innocence, New beginning and for a fresh start
• Pink Rose- Happiness and Grace
• Orange Rose-For Desire and enthusiasm

So you can add flowers in an alluring flower vase to add change and positivity all around, so this New Year Home Decoration Ideas can be used by anyone this “New Year 2022.”

4. REFURBISH YOUR FURNITURE

Interestingly, furniture is something that you don’t have to dispose of, intact, you can plaint it and make some addition to it to get a perfect feel of the new furniture where you can smartly use of your existing furniture to its best level.

• GIVE YOUR FURNITURE A NEW FEEL
• SAVE MONEY
• ACCENTUATE YOUR FURNITURE IN A BETTER WAY

5. FRAGRANCE

Out of 5 senses, the smell is the one with the best memory, so to create a good aroma you can use the oil diffuser to maintain the healthy odor in every corner of your home, so whenever you call your relatives & friends they will be getting into a different tenacity to imbibe its freshness throughout the time.

TYPES OF FRAGRANCE

• Anise Oil
• Ajwain Oil
• Basil Oil
• Bay Oil
• Camphor Oil
• Balsam of Peru
• Black Pepper Oil

So these are the basic additions and with the help of this, you can decorate the home. 3D LED essential oil diffuser is a new addition that you can keep anywhere to add its beauty.

6. BLUETOOTH SPEAKER

LED Speaker is going to be your helping hand as on command you can play your music as per your mood and without any interruption, you can on any music and make your New Year happening and interesting.

So better you buy this before so that you don’t miss out on the party mood and be a pro party maker where your family and friends get smitten with the hosting style.
And this could be counted as one of your decorations at your home that will play its essential role.

7. GO WITH A RIGHT THEME

Before you get into 2022 it is better to mull over the idea of the theme where you can cherry-pick the theme that ensures a bigger and better New Year party experience at home, so for this, high accessibility of everything gives a complete leeway to each one of us to decorate and design the home in the best way possible.

8. ATTRACTIVE DECORATION FOR YOUR HOME

• Party theme
• Personalized hear shape lightening
• Feel my Crown wall light
• Chocozone set of balloons

FOR THEMES

• Celebrity Party
• Bonefire Theme
• Casino Party
• Potluck Party
• Celebrity Party
• Glow Party Theme
• Disco Party Theme

So these themes you can use for your upcoming 2022 New Year and have the best party experience with your family & friends.

9. PIN UP YOUR RESOLUTIONS

In your bedroom or any area that you visit often, get a board where you can pin up your resolutions and discuss them with your family and friends.

Whatever you have thought for your betterment, try to jot down on the notes so that you can compel yourself to achieve the theme gradually.

And when you will call your friends for a party, then you can have a discussion on it as you never know you might get better ideas and execution plan, so that this time you can execute them because majorly it is ignored because of the wrong direction.

10. SPUR POSITIVITY

What can you do at home in New Year?

Try to add positivity all around yourself by giving new lighting and touch-up to your pooja room because it is essential to keep your god’s place clean and happy, so try to infuse positivity all around and keep yourself calm where the worship place will showcase your set of mind.

So this new year add better lighting, keep the place clean, and be happy to keep your worship zone better in order to get more into it.

CONCLUSION

Time to add these for your New Year Party Decoration Ideas at your home a perfect turnover this year that brings positivity for all seasons and lets you live up to all your expectations.

The post New Year Resolutions, Smart Tips to Decorate your Dream Home appeared first on Silverglades Hightown Residences.

Now there are certain facts which you should be aware of if you really plan your investment here-

WHY IS IT RANKED 8?

There are major factors that make it the top 10 best location of Gurgaon- starting with its local presence where it is bustled with the social and physical infrastructures to get better livability.

So overall it gets 4.0/5 basis on the reviews of the customers on ENVIRONMENT-PLACES OF INTEREST-COMMUTING

LIST WITH RATINGS

• Safety, roads, cleanliness and neighbourhood- 3.8/5
• Public transport, parking, traffic, connectivity and more- 4.0/5
• School, hospital, markets, restaurants and more- 4.3/5

LOCATION TO LOOK AT

National Highway- 48, Golf Course Road, MG Road and Faridabad Gurgaon Road all of them connect well from sector 28, Gurugram.

Sector 28 Gurgaon Map is surrounded by locations such as DLF Phase 1, Aya Nagar Extension, Sushant Lok Phase 1, Sarhol and Chander Nagar that are considered as the top localities of Gurgaon, so keeping this in mind, it makes this sector the cream of the crop that promises high ROI and better livability.

• SAHARA MALL- 1 KM
• MGF MEGACITY MALL- 2 KM
• MGF METROPOLITAN MALL- 3 KM
• UMA SANJEEVANI HEALTH CENTRE- 4 KM
• UMKAL HOSPITAL- 4 KM
• AMITY INTERNATIONAL SCHOOL- 5 KM
• SHALOM INTERNATIONAL SCHOOL- 5 KM

All these are local benefits that the residents will be getting if moved to this leading and promising sector.

JOB OPPORTUNITIES

DLF Cyber City- 4 KM where one can find the top notch companies- BMW India Pvt. Ltd., Akzo Nobel India LTD, Mitsubish Electric India Pvt. LTD, American Express Banking Corporation and more open up the job opportunities for the residents and let them work in any top notch company.

INTERNATIONAL TECH PARK GURGAON- 10 KM AWAY!

AVAILABILITY FOR YOU

In this sector, you will be finding the high range of 4 BHK (47%) followed by 3 BHK (34%), 2 BHK (6%) and other (13%) with more than 406 properties for sale, 274 properties for rent and 5 ready to move projects.

The latest housing project gleaning good attention in the market Silverglades Hightown Residences Gurgaon sector 28 as investors can book today and their rent starts from tomorrow, so without any minute, you will be getting its benefits.

This is a premium property that comes with the combination of 3 & 4 BHK apartments, both of them executed and planned to get the core use of the space given- here property starts from Rs 3.55 Cr.

The post Sector 28 Gurgaon Rank 8 – Best Location of Property Investment appeared first on Silverglades Hightown Residences.

Silverglades Hightown Residences with 12 impressive perks to level up the experience and with this, the site comes with the merge of 3 & 4 BHK apartments, highly planned to get the core use of the space.

1. SMART HOME

The project offers a smart home technology pack where residents can have a smart stay where everything is updated.

2. AIR FILTRATION SYSTEM

To add a pollutant-free ambiance the site adds an air filtration system where residents can always imbibe fresh air and stay healthy.

3. GERMS RESISTANT WALL PAINT

The walls in every room are painted with anti-germ paint to get healthy walls that keep the gems away and are safest for your kids and family.

4. VRV AIR CONDITIONING

AV provision in every bedroom to enjoy the gush of chilled air to keep you away from the scorching weather.

5. HEAT REFLECTIVE GLASS

To keep the heat at bay the glass is heat resistant that maintenance a cool environment inside the apartment where less consumption of AC will curtail your electricity bill.

6. DAILY NEEDS SHOP

Silverglades Hightown Residences daily needs store complex is within the housing to get access to your daily needs where the shop comes with everything you need.

7. SEPARATE ELEVATOR

Generally, there is a common elevator for the residents, staff, and domestic help so here you will be getting a separate elevator for your use that will maintain good distancing and space.

8. DOMESTIC STAFF SPACE

In every apartment, you will be getting a separate domestic staff room where you will be having your private and comfortable with your family, so without any interference, your maid can have a separate space to relax.

9. EXTRA KITCHEN STORAGE

Builder surely can’t satisfy the buyer by the space, but still, the builder offers extra storage space in the kitchen you let you manage your kitchen appliances & utensils.

10. SANITIZATION

To keep the ambiance virus-free and protect its residents, the site ensures proper sanitization & temperature check at the entry point to keep each and every member under the umbrella of safety.

11. VC ROOMS

There are video conference-ready rooms in the clubhouse that can give you a better work experience.

12. BEST INTERNET ACCESS

High-speed internet services with IT support to give you proper internet access to you and your family.

DECISION TIME

So their exclusive benefits are way impressive for the home buyers and it adds extra value to your property where it does not just ameliorate the living experience, but it even promises high return over investment (ROI).

The post 12 Different Benefits in Just Silverglades Hightown Residences Housing appeared first on Silverglades Hightown Residences.

There is a rising trend of living in high-rise residential apartments in the metro cities of India. In Delhi NCR, people prefer to reside in luxury apartments than independent homes. Changing lifestyle of the society is one of the biggest reasons for this. In Delhi, Noida, and Gurgaon, people come together from different cultures & beliefs and form a big community as a big family.

Aristotle said, ‘Man is a social animal’ because we cannot live alone and thrive only in society. On the other hand, we all want to live with close friends & people of the same approach. Often we tend to make friends little-bit outside our circle too. A community is a place where we meet with neighbors from different cultures, religions, and different age groups and in the end creating lifelong friendships. In the community living an old couple can be friends of the young and share their life experiences.

Community living is the incorporation of people with different interests, different lifestyles, different languages, and different religions but still, they live together as a big family. Only in the best communities, you can see people celebrating every festival like Diwali, Holi, Eid, Christmas, Durga Puja, Gurupurab, and Onam, etc. on the same platform. This is how community living should be.

One of the biggest points to keep in mind here, you will get all these and more only in the best communities. Gated residential communities in Gurgaon are doing the best job of providing a perfect place to stay with community living. Other advantages of living in the community are:-

Lifetime Friends: Gated communities are the places where different families come together with different types of jobs & different levels of society and live peacefully as friends & neighbors. Neighbors are the first people who are immediately available for you at the time of emergency.

A Feeling of Belonging: It very hard to get familiar with a new neighborhood. But on the other hand, if we are living in the best-gated community making new friends becomes very easy through lots of social & cultural events are regularly organized here that gives you a sense of belonging too.

No Worries of Maintenance: Unlike ordinary colonies, living in a gated community comes with worry-free maintenance services, as it is taken care of by a dedicated team within the complex. All the maintenance work regarding, cleaning of common area, plumbing, electrical, and carpenter are not the big concerns here.

Supportive Neighbors: Neighbors of a gated community are very much cooperative than the individuals living in independent housing. Neighbors are always there for you to support and help. Here people are living as a family unit, who gets support and assistance from other families residing in the same tower.

Lots of Amenities & Features: One of the biggest advantages of living in a gated community is the wide range of amenities & features. And if you buy your dream home from a brand like Silverglades Developer then you will get the best amenities. Silverglades Hightown Residences is a new residential project at Sector 28, Sushant Lok 1, Gurgaon here you can buy 3 & 4 BHK Apartments and enjoy the best amenities & features like:-

• Smart home technology packs
• PM 2.5 Air Filtration System
• Central Air Conditioning
• Medical Assist Room
• Pet-Friendly Zone
• Germ Resistant Paint
• Club House
• Gym
• Swimming Pool

So, community living is very important for us, we cannot live in isolation. We need like-minded & supportive people around us to communicate and learn new things about this world. Gated communities from reputed real estate developers are the best choice for everyone, because where we live matters a lot.

Other than this, you can infuse 10 smart tips in your home to have its optimum utilization where every space of your house showcases its grand excess. Home with bigger dreams that keeps you content with its all in-house services to safeguard your family, bring an active lifestyle, freedom to live in a modern home and lots more benefits one can have by adding up new ideas and ticks.

Hope the gated community and smart home tips collectively improve the quality of living and let you have the best time with your family.

The post Advantages of Gated Community Living in Delhi NCR. appeared first on Silverglades Hightown Residences.

Hightown Residences as the name suggests is designed to provide its inhabitants the advantages of residing in a clean and green surrounding, inhale fresh & pollution free air. The major USP of this residential project is PM 2.5 Air Filtration System, which is the best for any residential community in Delhi NCR. We assess some best specifications of this residential community.

Silverglades Hightown Residences : Project Specifications

This residential project will come upon 5 acres of land parcel. While only 20% of the total land is assigned for the construction and the remaining is planned for green open space and amenities. The community will comprise of 3 lofty towers (A, B & C) designed by three reputed names in the industry (Arcop Montreal, Design Forum International, and Integral Design). Silverglades has targeted to give possession of the entire community to residents by 2023.

Here you will get the ultimate experience of living in the tallest towers of the area, with 30 storey towers with basement level parking, clubhouse on the lobby level and thus, promises eye-catching views of the surrounding area from the higher floors especially. A single parking slot will be presented per unit, with separate parking for the visitors.

According to the tower layout, tower A will have 4 wings and while the remaining towers (B & C) will have 2 wings each. Each tower will have a combination of 3 BHK and 4 BHK apartments with branded specifications & features.

• Living & dining rooms here are equipped with premium imported marble on the floors, acrylic emulsion paint on the walls & ceiling.
• Polished veneer door in living/dining, kitchen, master bedroom, master toilets, bedrooms, and toilets.
• The kitchen is equipped with anti-slip vitrified tiles, tiles & acrylic emulsion paint on the walls.
• Windows are made from anodized aluminum/UPVC frames with reflective glass for energy efficiency.
• The Master bedroom is equipped with high-grade laminated wooden flooring, acrylic emulsion paint on walls & ceiling.
• Toilets are equipped with premium marble/tiles, the combination of acrylic emulsion paint and tiles on the wall, and acrylic paint on the ceiling.

Conclusion

Hightown Residences  Gurgaon Sector 28 indicated Silverglades’ strong commitment to quality, luxury & comfort. The ultra-luxury specifications of this residential community, along with the best-in-class amenities and green surroundings assigned for the resident’s benefit. So, don’t wait & waste your time visit the site and decide yourself.

Read More:-

The post What is the Specification of Silverglades Hightown Residences? appeared first on Silverglades Hightown Residences.

ON 8TH NUMBER

Out of almost 645 localities sector 28, Gurgaon is marked on 8th number where it promises family friendly neighbourhood, better civic infrastructure to make the livability better for the locals.

PROPERTY STATS

In sector 28, Gurgaon you will find more than 285 properties for sale, 150 properties for rent and 6 projects are ready to move. Majorly you will find 2, 3 and 4 BHK apartments.

The maximum you will find builder floor apartments with 48%, then apartments with 26%, 11% for residential plots and the rest 15% for other types of properties.

Majorly you will find 4 BHK apartment (51%), 3 BHK apartments (25%), 2 BHK apartments (11%) and the rest 13%.

TOP PROPERTIES FOR YOUR INVESTMENT

• DLF Regency Park 1
• Silverglades Hightown Residences
• Sahara Grace
• DLF City Senior Citizen
• Sheeba Apartments

WELL CONNECTED SECTOR

This sector brings smart collectivity to the major commercial centres MG road and DLF Cyber City, and then sector 28 is bounded by prime locations- Aya Nagar Extension, Chander Nagar, Sushant Lok Phase-1, DLF Phase 1 and more to connect better.

• Delhi- 50 mins
• IGI Airport- 20 mins
• DLF Cyber City- 9 mins
• DLF Cyber Hub- 9 mins
• IFFCO Chowk- 7 mins
• Ambience mall- 15 mins

CONCLUSION

Keeping all the factors in mind, sector 28, Gurgaon brings promising investment opportunity for the home buyers and investors to be a part of smart housing that brings high ROI and the rapid development in the vicinity will keep on adding value to your property.

The post Why Buy an Apartment in Sector 28, Gurgaon? appeared first on Silverglades Hightown Residences.

And now many reputed and trusted builders are leaving no stone unturned to bring its high range of projects in the market where it opens the grand opportunity to be a part of such exotic apartments that leads to a happy lifestyle and promises high ROI.

Now Silverglades Group is serving its exotic and premium apartments in Gurgaon (Gurugram) to address new class and modish stay that cultivates international living for Indian families, so the idea is to bring all likeminded families together and give them access to the modern apartment.

Silverglades Hightown Residences Gurgaon For Cream Stay

Here it brings the perfect combination of 3 and 4 BHK apartment along with the servant room, both the units are intelligently planned on the new floor plan to have the best use of the space where its optimum access gives you good space to live in.

PLANNED SPECIFICATIONS……………..

LIVING AND DINING ROOM

Floor- Premium imported marble

Walls- It comes with Acrylic emulsion paint

Ceiling- Acrylic emulsion paint for the perfect shine

Doors- All are polished veneer door

Windows- With anodized aluminium, UPVC frames with reflective glass to avoid heat

KITCHEN

Walls- It comes with tiles and acrylic emulsion paint

Ceiling- Again with acrylic emulsion paint

Floor- It is Anti Slip vitrified tiles

Get Modular kitchen cabinetry

MASTER BEDROOM

Walls & Ceiling- with Acrylic emulsion paint

Floor- with high grade laminated wooden flooring

Fixtures and fittings- VRV AC system with control units

TOILETS

Walls- With tiles and acrylic emulsion paint

Floors- Robust marble/tiles

Fixtures and fittings- Shower partitions, towel rail, toilet paper holder, robe hook, towel ring and more

BALCONY

Walls- They are plaster with acrylic emulsion

Floors- In balcony get deck flooring or anti-skid tiles

Doors- UPVC frames with reflective glass for energy efficiency

DOMESTIC QUARTER

Doors- Flush Shutters

Floors- Any out of Vitrified or anti- Skid Tiles

Walls- Acrylic emulsion paint

Others- Toilet with spout, wash basin, CP fittings and more

So the robust use of material, with best designing, futuristic floor plan, quality wardrobes, wall paint for best finishing and lots more collectively elevate the value of the apartment to level up the living space and keep the residents 100 per cent content.

CONCLUSION

These high level apartments ensure international space and a new sense of living where one can experience the world inside and so as the Silverglades Hightown residences, Gurgaon in sector 28, Gurgaon Sushant LOK opposite Laburnum apartments, near Galleria market Gurgaon where every brick is a ladder for your dream.

• COMPLETION- Expected 2023
• PRICE- 3.59 cr
• RERA APPROVED

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