You decided to sell your property in Dubai, you listed with a real estate company, but you're not receiving offers? The process of selling your property can be frustrating. If you're new to this, here are some things you should be aware of:

 

1. Location, location, location!

Even though residents will choose the community where they prefer to live depending on where they work, nearby schools etc., prime locations in Dubai will always sell and rent quicker. You should consider the positive sides of your community and the location of your property within a set community and highlight them. Consider who are your potential buyers. Big family, business professionals or young couples? Be creative with your listing, appeal to your audience and focus on the benefits of your location. Is it near the public transport, bustling city area, a mall etc.?

 

2. Is your property in good condition?

Immaculate properties will sell quicker and achieve a better price. Not only you should consider making some upgrades to your property but ensure to list it with professional photos that will highlight its best features. Ensure the property is neat and tidy, store all unnecessary items, paint it and make all necessary arrangements before taking the photos or scheduling a viewing. Attention to detail will help you sell your property swiftly. 

 

3. Is the price right?

Everyone would like to achieve the best price for their property, but ask yourself is my asking price realistic? Depending on the property type, condition, location and other factors, you might need to wait a bit until you manage to sell it. Or, if you are eager to sell it swiftly, you might want to reduce your expectations. 

In general, while pricing a property, it is important to understand the average sale prices in the area for that particular property type. This will give you a general idea of what's going on in the market. Compare your property with other similar units. If your property is upgraded or has some other advantages over its competition, you can offer it at a higher price. On the other hand, if your property for sale in Dubai needs some repairs, you should consider lowering your price. Our sales consultants will be happy to help you set the price and find a buyer.

 

4. How flexible are you?

Sometimes buyers will have special demands while buying a property. If you are flexible in negotiations, you will be able to sell your property in Dubai quicker. For example, if the buyer wants to move in immediately, are you flexible with the move-in date? Would you consider leaving some of the furniture if the buyer likes it? How about some necessary improvements? Sometimes these small compromises will help close the deal.

 

5. How confident are you with your sales consultant and its agency?

Do you know your agent's track record in the community? How many properties did he sell lately? Is the company he works for reputable? Well-established companies, such as AQUA Properties, have their own databases and ready clients that might be interested in your property. They also use various marketing tools for advertising your property and finding the right buyers.

Another thing you should consider is listing your property exclusively with one agent. This will guarantee you the best offer, the agent will work twice as hard to sell it, and the exclusive property will always be the first property that he will offer to potential buyers. 

 

If you wish to sell your property in Dubai, we would be happy to assist you. Contact us on +971 518 7555.