The Compensation of Higher Resale Price/Premium of Yamuna Expressway Plots

Resale Price/Premium of Yamuna Expressway Plots

When it comes to putting up a property for sale in Dubai, the factor that always plays a major role is the cost of properties. As already discussed, Dubai is one of the fastest growing real estate markets in the world and this has resulted in a significant inflow of properties for sale in the country. The main problem faced by prospective buyers when it comes to investing in Dubai properties is the skyrocketing prices of properties. As a buyer looking to invest in Dubai property, you will have to bear in mind that the prices of property are always going to be on the higher side. Therefore, you must look for ways through which you can reduce the cost of your investment in order to make a profit.

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One of the best ways through which you can get discounts when it comes to the acquisition of property is through land acquisition. Land acquisition is generally considered to be one of the most expensive methods through which you can get a hold of property in Dubai. However, with the advent of new developments and the growth of commercial activities in Dubai, land acquisition has become much easier for many people. Two main types of land acquisition that you can undertake in Dubai are the purchase of plots of land from developers and the purchase of plots of land through private investors.

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When it comes to purchasing Dubai commercial plots of land, there are two main methods through which you can do so. The first type of land acquisition is through the purchase of an ISIC certificate. An ISIC certificate is issued by the Dubai Authority for Industrial Estate (DAE). These certificates allow the purchaser to buy unlimited rights to develop the plot scheme and to develop the plot so long as there are no compulsory ISIC restrictions on its development. An ISIC certificate does not come cheap, as it is more than double the cost of purchasing a normal land plot scheme. However, for a large commercial plot, an ISIC plot plan can be quite beneficial as it allows the plot owner to build up the industrial park in the best possible way.

The Compensation of Higher Resale Price/Premium of Yamuna Expressway Plots

The second method of land acquisition for people looking to invest in Dubai’s commercial real estate market is through the purchase of PLO or Private Owner Lots. If you are interested in investing in Dubai property and have plans to develop a large commercial plot, then you might want to consider purchasing a private owner plot. Private owner lots can be purchased from a UAE national or a foreign investor. Typically, private owners’ plots are developed in Dubai’s industrial heartlands like Al Dhiyafah, Dubai Creek or Al Maktoum. PLO plots are developed in such a way that they can accommodate a substantial number of businesses, residential units or even a mall.

The other method through which you can get the best deal when it comes to purchasing plots for your business is through the purchase of PLO or Private Owner Lots. You can opt to purchase these plots individually, but this will add up to a significant cost since each plot is sold in its entirety and you are not getting any sort of concession when you buy them individually. Another benefit of purchasing PLO or private plots is that you will be provided with a comprehensive landscape plan so that you know exactly what you have to look out for. These plans are normally presented in the form of square meters. When it comes to the prices, you will definitely get a better deal when you choose to purchase PLO or private plot packages than when you are purchasing individually.

Whether you are looking forward to develop new projects or renovate your existing ones, it is always important to acquire the services of an experienced and reputable real estate agent who has an experience in dealing with both private and public property in Dubai. A real estate agent who is familiar with both private and public property will be in a better position to help you in making the right decisions based on your needs and requirements. One of the best ways to check the value of the plot you want to buy is to contact the UAE Dubai Planning and Development Department who are responsible for overseeing all real estate properties in the emirate. They will keep you updated about the current market value of various plots in Yamuna Expressway and throughout the other Dubai sectors.

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