Flipping Houses in Dubai: Flip a Property
Why Dubai Real Estate Flipping Is So Profitable in 2024
By purchasing finished properties, flipping avoids the risks of lengthy construction delays. And the short ownership period of 3-6 months insulates investors from fluctuations in market prices.
After renovations, the upgraded units quickly sell at a profit since demand for premium Dubai properties continues to outpace supply.
To profit from Dubai real estate flipping, you need to:
- Identify and select “undervalued” properties in high-demand areas that need renovations.
- Complete renovations and prepare the units for resale.
- Find buyers for the upgraded properties.
Mastering Dubai’s complex property market requires understanding intricacies like:
- Real estate laws and regulations
- Location dynamics determining demand
- Construction norms and contractor relationships
How to Buy Dubai Property for Flipping
Our broker will call you within 1 hour and recommend undervalued apartments in prime areas that are lucrative to resell.
Submit Request
We handle all documentation and complete the transaction.
We hire a company to refresh the design and oversee the remodel process.
We resell the upgraded unit through our broker network for +15% returns.
The investor receives the cash profits, or reinvests them into another promising property.
Real Estate Flipping Strategy for Dubai: Achieve From 15% Annual Returns in USD
Navision Investment Company: Specializing in Dubai Real Estate Flips
Our Partners
Investment Examples
- Property tax (4%): 360 000 AED ($98 631)
- Agency commission (2%): 162 000 AED ($44 384)
- Renovation budget: 2 100 000 AED ($575 343)
- Total Investment: 11 622 000 AED ($31 84 110)
- Villa resale price: 13 500 000 AED ($3 698 631)
- Agency commission (2%): 270 000 AED ($73 973)
- Property tax (4%): 108 000 AED ($29 590)
- Agency commission (2%): 54 000 AED ($14 795)
- Renovation budget: 700 000 AED ($191 781)
- Total Investment: 3 562 000 AED ($975 891)
- Townhouse resale price: 4 400 000 AED ($1 205 480)
- Agency commission (2%): 88 000 AED ($24 110)
- Property tax (4%): 38 000 AED ($10 411)
- Agency commission (2%): 18 000 AED ($4 932)
- Renovation budget: 240 000 AED ($65 754)
- Total Investment: 1 246 000 AED ($341 370)
- Apartment resale price: 1 466 667 AED ($401 827)
- Agency commission (2%): 29 333 AED ($8 037)
We Handle Everything for Flipping Dubai Properties
FAQ
If flipping houses is so lucrative, why doesn't everyone do it?
Profiting from flipping requires expertise in real estate dynamics and reliable contractors. Otherwise you risk overpaying for assets, delays, or cost overruns that wipe out returns. If you’re new to this investment strategy, let Navision mitigate the risks.
How can I understand renovation costs, track spending, and oversee contractors in a foreign country?
You’d need to personally be in Dubai or outsource oversight to our firm. We have trusted contractors and completely manage projects – from design and budgeting to documenting expenses, quality control, and timelines. We provide clients with regular reports.
You don’t provide these services for free, right? What are your fees?
We earn commissions upon purchase and sale transactions. Our fee is a 2% transaction charge.
What if you can’t sell the property? What happens?
We quickly secure short-term renters so you immediately earn income. Renovated units in prime Dubai areas are in high demand. Typical sales periods range from 2 weeks to 2 months.
How long does the full process take for purchase, renovation, and sale?
Flipping is a short-term investment, usually 3-6 months per project. This insulates investors from market shifts – values don’t generally fluctuate significantly over such brief periods.