FAQ

FAQ

Frequently Asked Questions

Am I Ready to Be a Homeowner?

If you are considering homeownership, it’s the perfect time—owning a property in Dubai not only secures your lifestyle but also strengthens your long-term investment portfolio.

Is Renting or Buying Better?

“Buying a property offers long-term value and security, while renting provides flexibility; in Dubai’s dynamic market, owning a home is often the smarter choice for building wealth and lifestyle stability.

What Is the Lender’s Formula?

The lender’s formula evaluates your eligibility by assessing your income, existing financial commitments, and the property value to determine how much you can comfortably borrow.

What Do I Look for in Homes?

Focus on location, amenities, future growth potential, and how the property aligns with your lifestyle and investment goals.

Do I Need a Home Warranty?

A home warranty provides added peace of mind by covering major systems and appliances, ensuring your investment is protected against unexpected costs. In Dubai, developers offer a one year warranty during the first 12 months post handover of the property.

What Should I Expect at Closing?

At closing, expect a final review of all documents, completion of payments, and the official transfer of ownership, marking the moment you become the legal owner of your property

What Is Pre-approval?

Pre-approval is a lender’s confirmation of how much you can borrow, giving you a clear budget and a stronger position when making an offer on a property.

Am I Ready to Rent?

If you’re seeking flexibility and convenience without long-term commitment, renting is an ideal choice that allows you to enjoy Dubai’s lifestyle while exploring different communities 

What Should I Offer?

Your offer should reflect the property’s market value, current demand, and your budget, while remaining competitive to secure the home you desire.

Can I Ask You for Advice?

Absolutely—our expertise is here to guide you through every step, providing professional advice tailored to your goals and the Dubai real estate market.

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The Royal Solace

Your trusted real estate company.