Openshore Dubai Property

We Also Deal with UK Property

Our sister company in the Group “Find UK Property” helps overseas buyers find good low cost investment property in the UK. We are fully accredited and licensed members of the Association of Estate Agents and members of the Property Ombudsman Service.

 

Click here for 'Find UK Property'

 

 

Best Rates on Currency Exchange

Our deal with Currencies Direct enables you to get the Best Exchange Rate for conversion to AED or any currency. If you speak to anyone simply mention 'Openshore Property' or code A03006 to get your special conversion rate. Simply click the banner below.

 

SELL Your Dubai Property

 
Securely
Quickly
From the UK
At the Market Price
Even if Mortgaged
No additional costs
No Dubai Visit
 
Get FREE Valuation Now
 
 
 

Let Us Manage Your Dubai Property

 
Handover
Renting Out
Property Management
Paying Rent into your account
Help with future resale
 
 

Best Deals


Studio £53.2 K

1-Bed £66.5K

Villa £399K

 

30 Month Pay Plan
Rental Guarantee
Free Management

 

 

FREE Dubai Property Map

is essential for all who Buy Property in Dubai

  • Large Size 84cm X 30 cm

  • On 300gm thick card paper

  • All Property Areas by Type of Dubai Properties

  • Best Areas for Investment

  • Best Areas for Own Use

  • Areas Still Under Construction

  • Freehold and Leasehold Areas

  • Current Prices & Rental Yields

  • Dubai Property Price Trends

 

 

To get the Map, simply enquire about any of the properties (click any "GET INSTANT E-BROCHURE" link).

 

Low cost Dubai Investment Packages

 

Could DOUBLE your money within 5 years
Studio Package £53.2K
1-Bed Package £66.5K

 

These Dubai properties are already rented out and managed by us. As part of the package, rent is guaranteed for 2 years. The rent from the Dubai property is used to pay for part of the property – so you end up paying less over 2 to 3 years of the payment plan.


See full details here

 

Dubai Property Buying Service for complete Peace of Mind

 

This service from Openshore from just £99, allows you to purchase ANY Dubai Property for sale in Dubai from ANY Agent or ANY Seller in a "secure" manner with research, second opinions, practical help within Dubai, and independent advice from us.

 

The end result is that you end up getting a more suitable Dubai property for a lower price with complete Peace of Mind.

 

You are not limited and can buy any Dubai property for sale from any agent or reseller. We help you with all aspects of the buying process. The payment (from just £99) is only paid if you buy property in Dubai.

 

See full details here.

 

Dubai Property Selling Service allows you to sell your ready Dubai property from the UK

 

Many customers who have purchased property in Dubai want to put their Dubai property for sale and sell it, without having to deal with property agents in Dubai or make visits to Dubai for the transfer processes. Openshore’s service allows them to put up their Dubai property for sale easily and sell their ready Dubai property at the market price in an easy and secure way.

 

See full details here.

 

Openshore are the UK’s Leading Dubai Property Specialists

 

We are part of a large UK group of companies specializing in IT and Property Management. The Group owns the 26 acre business park (Time Technology Park) where we have our UK offices in Lancashire. In Dubai we manage Dubai properties on behalf of customers and run Dubai property portals and provide services to other estate agents. Openshore staff have been managing and selling properties in Dubai for over 8 years, with excellent long-term service.

 

See full details here.

 

Dubai Property Prices Are Now Rising

 

The financial crisis of 2008 saw Dubai property prices fall by a massive 60%. From 2010 to 2012 Dubai property prices in most areas became stable and started to rise significantly from the beginning of 2013. Prices are expected to continue increasing over the next few years. As so much Dubai property was cancelled after 2008, there will be a shortage of property in Dubai over the next 3 to 5 years. Thus now is the best time to buy a suitable property in Dubai. See the Openshore Dubai Property for sale Index over the past 8 years during which we have been selling property in Dubai.

 

Click Here For Price Trends

Top Questions

 

Are Dubai Properties Freehold?
Do you get a Visa with Property Purchase?
Are Mortgages Available for non-residents?
What are the owner’s costs and service charges?
Which location are best for investment?
What is the buying process?

 

Click here for ANSWERS

Openshore sell to Buyers from all over the world

 

Although 40% of our customers are from the UK, we help buyers from all over the world purchase property in Dubai. The reason why many international investors use our services is because our group companies have offices both in the UK and Dubai. Buyers thus have double security:-

 

  • Buyers have the full process in Dubai for viewing the properties, help with transfer of title deeds at Dubai Lands department and management of the property after purchase – like any other Dubai property purchase.
  • In addition to this, for investment properties purchased from us, buyers have a legal agreement under UK law that covers the Payment Plan schedule, Guaranteed Rent, and secure client account services giving them additional security.

 

Click here to see what we do

 

We Help You Buy Dubai Property Securely

 

For the best buy investment properties, we control all aspects of the purchase process directly and are fully accountable for it. We acquire suitable properties, rent them out and then sell them to investors in a secure manner; and continue to manage them on their behalf. When buyers purchase an investment property directly from us, it will already be rented out so that they start getting the rental income immediately. We will ensure that property title is transferred to the buyer at Dubai Land department and ownership documents are given to the buyer as part of our service. For "own use" properties, we can offer advice and guidance and refer to local companies specializing and best suited to deal with the type of property the buyer may be looking for.

 

Click here to see Purchase Process

 
 
Google
 

Advice Hotline 01282 882017 (10am to 7pm Mon-Fri)

International Callers Call UK +44 1282 882017

About Openshore Dubai Property Consultants UK
Low Cost Investment Packages
Double your money within 5 years

 

Studio Package £53.2K 1-Bed Package £66.5K

 

Buy one of these ready, freehold Dubai Properties and you could double your money within 5 years. These Dubai properties are already rented out and managed by us. As part of the package, rent is guaranteed for 2 years. The rent from the Dubai property is used to pay for part of the property - so you end up paying less over 2 to 3 years of the payment plan.

These properties have to remain rented for at least 2 years so are not for own use immediately. After this period you can decide what you wish to - most customers leave them rented out. These are purchased direct from us and do not form part of the Dubai Property Buying Service. A £ 99 fee is not payable when you purchase one of these properties.

These are ideal for customers who are looking for pure investment with lower capital outlay and lower risk. These apartments are not near the sea but lie inland. However, they do give the best % net rental returns as service charges are low. They are very popular and over 200 such units were sold in the last 12 months. With rental income and property growth, your investment could easily double in the next 5 years.

Pricing Information

Studio Properties for £53.2K

Studio Type C1 580 sq ft Gross. 10% rental yield. Very popular - many of our customers have recently purchased these apartments. In low rise buildings near Dubai Airport (10 min drive). Price for category A with top rental yields is AED 399,000 (£66.5K). However you will pay us about AED 319,000 = £ 53,167 (USD $89K) as we collect the rest (AED 80,000) from rent. These were selling for more than £100,000 before price drop in 2008.

1-Bed Properties for £66.5K

1-Bed Type C 900sq ft Gross. 10% rental yield. Includes larger kitchen and separate en-suite bedroom (two bathrooms in apartment). Price for category A with high rental yields is AED 499,000 (£83.2K). However you will pay us about AED 399,000 = £ 66,500 (USD $111K) as we collect the rest (AED 100,000) from rent. Over 100 customers have recently purchased these apartments. Near Dubai Airport. These were selling for more than £135,000 before price drop in 2008.

The offer includes:-
  • Payment Plan B over 2.5 years or Immediate Payment in 30 days with 2% discount
  • Rental Guarantee of 8%
  • Expected rental over this 2.5 year period of AED 100,000 (£ 16,667) for 1-bedroom and AED 80,000 (£13,333) for the Studio. This could be more as rents are expected to rise.
  • Free property management for the first year (subsequently approximately only 10% of property rent for full management)
  • Full service and secure purchase process with UK Client Account facilities to make payments secure and easy.
  • Additional purchase costs include 2% sales fee and 4% plus AED 4,000 Dubai Government Transfer Fee payable to the Lands Department when property is transferred from us to you.
  • We offer free POA service for transfer and can arrange viewings in Dubai for investors who have agreed to purchase subject to the viewings being satisfactory.

Payment Plan B allows you to make about 24% of the payment out of rental income. You pay 10% and then about 66% in 30 days. Rest is paid by the rent. After the properties are fully paid for, net rent is paid directly to your account every 3 months.

Please see the payment plans below.

How it Works

Our Property Management Division review every property that goes on sale in these areas. If a property is suitable for investment, we make an offer, buy it, and immediately rent it out. Then it becomes available for us to sell to our investor customers as an investment package. After sale, we continue to manage it on behalf of the investor for at least 2 years (usually investors continue to keep us on for the Property Management even after the 2 year period). As we own the property until it is transferred to the new owner at Dubai Lands department, we are able to offer limited payment plans.

 

 

About The Properties

The buildings are low rise (not high rise), well spaced, with shops on the ground floor and apartments on the 1st, 2nd and 3rd floors. There is plenty of parking. Rental demand is very good in this area with most tenants being office and mall workers on long term (minimum 1 year) rental. Many people from Ajman and Sharjah are moving back inti this area of Dubai. This area is NOT a tourist area like the marina and is not on the seaside but rental yeild as a percentage of property price (10%) are actually better than Marina area (6%). Full detail including Location map, pictures and floor plans are provided when you enquire. Simply select Studio oe 1-Bed on the home page and complete the enquiry form,choosing the 'Investment Package Service' when asked,

As the property is rented before sale, we can offer rental guarantees. Our process is designed to reduce investment risks to as low as possible.

This area is NOT a tourist area like the Marina and is not on the seaside but rental yields as a percentage of property price (10%) are actually better than the Marina area (6%). Full details including location map, pictures and floor plans are provided when you enquire. Simply select Studio or 1-Bed on the home page and complete the enquiry form, choosing the 'Investment Packages Service' when asked.

Next Steps

Please complete either the Studio or 1-Bed sections on the home page. You will be sent details of both of the investment packages. We will also send you leaflets showing pictures of apartments.

Please reply to the email you receive from us after your enquiry. If you need more written information about terms and procedure let us know and we will send these to you so that you will be able to see the full terms and further details before deciding to proceed or not.

  • Studio or 1-Bed: Select the property you would initially like to consider: Studio or 1-Bed (you can change this later)
  • Payment Plan: Select Standard Plan B (with 10% initial payment, larger 66% second payment in 30 days and remaining 24% paid via rental income). Or select immediate full payment within 30 days (Plan C) and get 2% discount.
  • Also provide your personal details including full name, address and telephone number so we can send you draft documents and brochures.
Studio Offer

Studio

Plan B   Payment Plan   Expected Expected   Expected
    in Contract   Rent   Net Payment   Net Payment
    AED   AED   AED   £ @ 6.0
Now   39,900       39,900   £6,650
within 1m   279,100   Rent Starts   279,100   £46,517
3 Months   8,000   8,000   0   £0
6 Months   8,000   8,000   0   £0
9 Months   8,000   8,000   0   £0
12 Months   8,000   8,000   0   £0
15 Months   8,000   8,000   0   £0
18 Months   8,000   8,000   0   £0
21 Months   8,000   8,000   0   £0
24 Months   8,000   8,000   0   £0
27 Months   8,000   8,000   0   £0
30 Months   8,000   8,000   0   £ 0
TOTALS   399,000   80,000   319,000   £53,167

1-Bed Type C

1-Bed Offer

Plan B   Payment Plan   Expected Expected   Expected
    in Contract   Rent   Net Payment   Net Payment
    AED   AED   AED   £ @ 6.0
Now   49,900       49,900   £8,317
Within 1m   349,100   Rent Starts   349,100   £58,183
3 Months   10,000   10,000   0   £0
6 Months   10,000   10,000   0   £0
9 Months   10,000   10,000   0   £0
12 Months   10,000   10,000   0   £0
15 Months   10,000   10,000   0   £0
18 Months   10,000   10,000   0   £0
21 Months   10,000   10,000   0   £0
24 Months   10,000   10,000   0   £0
27 Months   10,000   10,000   0   £0
30 Months   10,000   10,000   0   £0
TOTALS   499,000   100,000   399,000   £66,500

 

AVOID THE PRICE RISE
Prises are now rising. If you cannot visit Dubai and view immediately, it may be possible to secure a unit by signing agreements and making first 10% payment and then making the second larger payment after viewing in 30 to 60 days – Ask for details.

5 YEAR INVESTMENT RETURNS

All figures are realistic ESTIMATES. £ Prices vary with exchange rate and are approximate.Revised Jan 2014

Studio and 1-Bed Investment Forecasts
Double Your Money in 5 Years

 

SUMMARY   Studio   1-Bed   Studio   1-Bed
Contract Pricing   AED   AED   £   £
Full Price   399,000   499,000   £66,500   £83,167
2% Sales Fee   7,980   9,980   £1,330   £1,663
4% Transfer Fee + AED 4,000   19,960   23,960   £3,327   £3,993
Total Full Cost   426,940   532,940   £71,157   £88,823
2% discount if full payment                
What You Pay   AED   AED   £   £
First Payment inc Sales fee   47,880   59,880   £7,980   £9,980
Second Payment inc Transfer fee   299,060   373,060   £49,843   £62,177
Total Paid by YOU   346,940   432,940   £57,823   £72,157
Inc. 2% fee & 2% Transfer                
Paid By Rent (2.5 Yrs)   80,000   100,000   £13,333   £16,667
Total   426,940   532,940   £71,157   £88,823
                 
Rent & Costs   Studio   1-Bed   Studio   1-Bed
Estimates   AED   AED   £   £
Expected Rent Yr 1   32,000   40,000   £5,333   £6,667
Expected Rent Yr 2   36,000   46,000   £6,000   £7,667
Expected Rent Yr 3   42,000   52,000   £7,000   £8,667
Expected Rent Yr 4   48,000   60,000   £8,000   £10,000
Expected Rent Yr 5   52,000   66,000   £8,667   £11,000
    AED   AED   £   £
Service charge Yr 1   4,000   6,800   £667   £1,133
Service Charges Yr 2   4,100   6,900   £683   £1,150
Service Charges Yr 3   4,200   7,100   £700   £1,183
Service Charges Yr 4   4,300   7,200   £717   £1,200
Service Charges Yr 5   4,400   7,300   £733   £1,217
    AED   AED   £   £
Management Fee Yr 1 - FREE   0   0   0   0
Management Fee Yr 2   3,200   4,000   £533   £667
Management Fee Yr 3   3,600   4,600   £600   £767
Management Fee Yr 4   4,200   5,200   £700   £867
Management Fee Yr 5   4,800   6,000   £800   £1,000
    AED   AED   £   £
Expected Flat Value after Yr 1   462,840   578,840   £77,140   £96,473
Expected Flat Value after Yr 2   520,695   651,195   £86,783   £108,533
Expected Flat Value after Yr 3   585,782   732,594   £97,630   £122,099
Expected Flat Value after Yr 4   659,005   824,169   £109,834   £137,361
Expected Flat Value after Yr 5   711,725   906,586   £118,621   £151,098
    Studio   1-Bed   Studio   1-Bed
5 Year Summary   AED   AED   £   £
Total Investment + Costs   411,680   521,980   £68,613   £86,997
Tot Rental & Value at 5 Yrs   832,725   1,058,586   £138,787   £176,431
Total NET Profit   421,045   536,606   £70,174   £89,434
Profit  % over 5 years   102%   103%   102%   103%
Profit % per Year   20%   21%   20%   21%
                 

All figures are realistic ESTIMATES. £ Prices vary with exchange rate and are approximate.

Dubai Property Index

Since 2003, Openshore have been monitoring the average price of investment properties (Studio and 1-bed apartment) to produce the Dubai Property Index. In the index (shown in the chart below) the pricing in 2003 is shown as 100 and all the prices are shown as relative to this. Red dots are actual. Yellow dots are future forecast and have been revised recently.

What will happen next?

Nobody can be certain about the answer to this but most analysts believe that prices on 'ready' properties will rise rapidly and exceed the 2008 peak levels before stabilizing and growing at a slower rate.

Contact Us

Openshore property
Time Technology Park
Simonstone, Burnley
Lancashire, BB12 7TW
Office Times: Mon-Fri 10am to 7pm