TRANSFORMING YOUR DUBAI PROPERTY'S VALUE

When selling or renting your property, the value of the property alone doesn’t add up to the value you can sell or rent it at. Even if you go for the regular options of cleaning up and getting some nice pictures of the property up for sale or rent, there are more simple things that will make your property’s value expand. These improvements will only cost you a fraction of what the final value that it contributes to the ROI making it a good Dubai real estate investment. 

1. A Fresh Coat of Paint

2. Energy-Efficient Power System

3. Utilising Maximum Room for Storage

4. Landscaping the Garden

5. Upgrading/Restoring Floors

6. Updating the Kitchen & Bathroom

As the competition for Dubai real estate grows higher and higher, you should be on the lookout for every possible option to make your property stand out from the crowd and give it the maximum value you can. Capitalising on these improvements will allow your valuation to offer you better selling and renting yields. Even if the upgrades are done by yourself, the improvements will make your property look and feel much more valuable.

Luxury apartments and villas cannot solely measure their value by technical valuations and terms. It is also an emotional value that is attached to the property. Therefore, making additions that sets an ambience to captivate any potential buyers and tenants is possible with proper improvements.

Listing some upgrades that a homeowner can improve their property’s value, we would like to discuss how you make the most out of your property selling or renting.

1. A Fresh Coat of Paint
   

The colour of a place is one of the main contributors in creating the ambiance and the aura of any place. Any ageing on the surfaces of your property can be fixed by a fresh coat of paint that will restore the surfaces to look brand new. These newer surfaces will give out a peaceful and a much appealing emotion to make the buyer or the renter feel that the property is a ‘home’.

2. Energy-Efficient Power System
   

In the modern property market and the economy, energy is a costing element in everybody’s daily lives. Therefore, installing energy efficient power systems will not only make your property an advantageous investment, it also supply to the modern sustainable and smart homes Dubai is offering at present.

Running parallel to energy-efficient power systems are renewable energy systems. Most of the time, these systems are potentially integrated with ease. So, as a landlord, saving up on energy is cost-effective and more importantly it places your property in a much more positive place in the competitive market place.

3. Utilising Maximum Room for Storage
   

With a very competitive market where real estate developers cannot keep up their supply with the demand. It is necessary to get every bit of advantage when you place your property in the market to be sold or rented. As the price per square foot skyrockets, one of the most practical improvements that you can do is to add storage options, make the traditionally abandoned sections in the properties such as the basements and hallways to have sleek storage options.

4. Landscaping the Garden
   

One of the first things that anyone interacts with the property is the garden. Yet, very few landlords pay proper attention to it. Hedging, planning the landscape, adding entertaining spaces while making it a decluttered area that makes people relax are not very costly improvements. By creating an impressive garden, the first impression of a ‘home’ is delivered that will contribute in securing your deal.

5. Upgrading/Restoring Floors
   

As much as the ceiling covers the property from above, the walls and windows surround it from the sides, floors most importantly is where everything and everyone has the most contact with. Therefore, the look and feel of the floor can add up to the value of a property.

Steaming carpets, or replacing them if they are really bad can change the entire scenario. The colour, the feel of it and the entire ambiance changes with it.

6. Updating the Kitchen & Bathroom
   

Two of the most important rooms of a house are the Kitchen and the Bathroom. Many real estate consultants agree with the fact that these two parts of a property have a direct and a heavy impact on the value of the sale or the rental.

Splashbacks, flooring, storage options, tapware, and other impressive additions to your kitchen and bathroom can create a very bold effect in the hearts of the buyer or the renter.

Among the many things that you can fix to increase the value of a property, we have mentioned a few that will create a big impact and are not very costly as well. When selling a property, it should be your duty to uplift the property to attain the best value it can hold. If you are renting your villa or apartment in Dubai, these improvements are vital to set a higher rental value as well as to retain tenants for an extended period of time. Real estate management services in UAE are experienced experts in understanding the tweaks that are required to uplift the value of a property. At Anarock Middle East, our dedicated consultants will assist you in suggesting and guiding property owners to upgrade their property value. Our value-added services are ready to provide top-notch auxiliary services for you to obtain the best rental yields and selling value.