If you are interested in buying a property in Dubai, you will get two primary options. First, you can buy a villa, and second, you can purchase an apartment. Now, the thing is that each of these comes with some unique factors associated with it.
Knowing these factors will help you decide whether you should search for apartments or villas for sale in Dubai.
The Pros of Buying an Apartment in Dubai
You Will Get the Advantage of Location
A lot of apartments in Dubai have been built in locations where the residents can easily access facilities like educational institutions, healthcare centers, shopping malls, restaurants, etc. quickly and conveniently. Whether you want to live in the apartment or rent it out, this access will give you a major advantage. Even if you want to resell the apartment, you should not have any problem getting a good deal.
Your Maintenance Costs Will Be Low
This is another major benefit of buying an apartment in Dubai. Even if you buy a luxurious apartment, the total maintenance cost of the community will be split between all the apartment owners. This will essentially lower the maintenance cost of your apartment to a good extent. If you want to rent it out, lower maintenance costs will play a vital role in attracting more tenants.
The Cons of Buying an Apartment in Dubai
You Will Not Be Able To Make Changes Easily
Sometimes, apartment owners need to make changes to their units to improve their quality of living. And that is exactly where a major downside to buying an apartment comes into the picture. When it comes to changing or renovating an apartment, you will not be able to do so easily. You will have to talk to the management of the community, obtain its approval, and ensure that the work, which will be carried out in your unit, will not disturb other unit owners in any manner.
You Will Get Limited Space
No matter how many rooms are there in an apartment, it can never compete with a villa in terms of space. You can surely buy a spacious apartment, but you will not have a green space or garden surrounding your unit. When it comes to renting an apartment out, working people will most likely be your ideal tenants. This is because people or families, who want to live in a quieter space amid a green space, tend to rent villas.
The Pros of Buying a Villa in Dubai
You Will Be Able To Make the Necessary Changes
Whether you want to live in the villa or rent it out, you can make all the changes to improve the quality of your own life or to attract more tenants. If you want, you can even divide it into multiple sections and rent them out as individual spaces. However, it is vital to note that there are two types of properties in Dubai: leasehold and freehold. If you buy a leasehold property, you have to obtain written approval from the landlord before making any kind of changes. However, if you buy a freehold property, you can do whatever you want.
You Will Get Additional Layers of Security
Gated villa communities typically have multiple layers of security. Factors like physical barriers, security guards stationed at the entrances, CCTV surveillance, etc. reduce the probability of crimes like burglary and theft to a great extent. As a result, residents of these communities get to live with peace of mind.
The Cons of Buying a Villa in Dubai
You Will Have to Pay High Maintenance Costs
Since you will be living in the villa, you will have to pay the entire maintenance cost of the property. There will not be any other property owner with whom it can be shared. Additionally, you will need to set a budget to maintain the green space surrounding your villa, which will essentially increase your costs.
Villas Are Typically Constructed Away From the City Center
Another notable downside to buying a villa is that it will be most likely far from the city center. Therefore, those living in the villas typically need to bear additional costs for commuting to and from the proper areas in the city. Distance from the city center may also make it difficult for you to find a tenant for your villa quickly.
Wrapping Up
As you can see, both villas and apartments have their own advantages and disadvantages. Therefore, choosing between them ultimately comes down to your own requirements and preferences. No matter what you decide, there is an abundance of apartments and villas available in Dubai that you can choose from.
Still, if you need expert guidance, want to save a lot of time and effort that typically goes into finding the right property, and desire to make the process completely hassle-free, you should contact a top real estate broker like fäm Properties. The team has an attractive collection of top-notch villas for sale in Dubai and a team of experts to help you with any property-related matter.