We have to see a lot of things before buying things that have huge money on them because once they are bought even on the same day, the depreciation is waiting for them. If you don’t know what is depreciation then we are here for you because we will guide you. Let us say that you have bought a mobile phone that is worth 1,500 dirhams and you have opened the box it has been just one hour and you have just faced any emergency and how you want some money. You go and try to sell the mobile phone to that same shop and he or she says that it is of now 1,200 dirhams. That is the depreciation cost rule. But the depreciation cost also involves bargaining. So, if you are buying a brand new thing like a villa which is of a heavy cost, then make sure that it has a good villa interior design done by the best interior designers in Dubai UAE. But there are different procedures of buying a villa as well and if you don’t know about them then are here to guide you about how to buy one;
- The first thing you need to do is do a lot of research. Let us say that you have budget of 10,000 dirhams and around you are the villas that are of 12,000 or 15,000 dirhams. Though increasing 2 to 5 thousand dirhams can be managed but it is best to save money and it is best that you looked for a villa at least one or two months before finalizing one.
- The second thing you need to see that can you afford a villa? If you cannot afford one but need one then there are different options as well. Like applying for a home loan. There are many banks that offer home loan on easy installments and that has less interest rate, and to find them, you personally have to visit different banks and talk with different departments of the concerning bank as well.
- If you don’t need a loan or you do need a loan, either of these cases, you will need to get the paper work done and understand what is written in the papers and make a copy of those papers.