A lot of properties may not be up to the standard and liking of the owners. Depending on your lifestyle needs, you may want to upgrade your property to create more space, change flooring, install quality kitchen and bathrooms, repaint or even add a pool and design your garden area. More demanding customers may even […]
Command a higher rental premium
Given the increasing supply of commercial and residential properties in Dubai, renovating and decorating your property would reduce the time the property is of the market not generating rental income, increase the likelihood of finding an up market tenant and above all command higher rental income. As a rule of thumb, you can expect 20% […]
Property sold at a high price
Renovating your property would enable you command a higher resale value if you are looking to maximize your asset investment returns. As a general rule of thumb, you can expect the value of your property to increase by 20 to 30% once the renovation work is completed.