Dubai developers rush to offer attractive deals to buyers

The Dubai skyline along Shaikh Zayed Road01/08/2016 (Gulf News – UAE): Dubai: Gone are the days when property buyers were being lured with fancy giveaways like a luxury yacht or holiday trips abroad. Today, developers are increasingly offering real value for money to entice both expatriates and GCC nationals to buy a flat or villa in the country. With the softening demand in the realty sector, market players are pulling all the stops to attract more sales by introducing flexible terms and payment plans that allow buyers to pay up to 80 per cent of the cost upon project completion. Some developers are offering even as little as 10 per cent downpayment to secure a piece of property. Emaar Properties, for example, has recently launched its Summer promotion, offering to bear up to 4 per cent of Dubai Land Department (DLD) fees and payment plan up to 50 per cent post-handover. The scheme is valid until the end of this month for Arabian Ranches properties – Samara, Azalea and Yasmin – and it is open for all customers…

http://gulfnews.com/business/property/dubai-developers-rush-to-offer-attractive-deals-to-buyers-1.1871383

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