By the end of 2025, it is expected that the UAE’s real estate market will reach a huge value of $693.53 bn. A steady growth of 2.28% is also expected till 2029. Property companies have played a major role in shaping the urban landscape, encouraging economic growth, meeting consumer demands, creating vibrant communities, and attracting global investors.
Considering the opportunities presented by this growing market, you should choose a good property companyto help you invest in real estate. Before selecting one, make sure you shortlist and assess several property companies in Dubai. In this article, we’ll go through some strategies you could consider to do this.
8 Ways to Check a Property Company’s Credibility in Dubai
Look into Online Reviews and Ratings
When assessing a property company, you should look for online reviews and ratings posted by previous customers on platforms like Zillow. Choose a company that has received positive reviews and ratings consistently.
Make sure you comb through the reviews to assess the company based on construction quality, timely project delivery, and client service.
Go Through the Property Developer’s Portfolio
A good property company is one that has a strong portfolio of completed projects. These completed projects will also give you insights related to the developer’s quality and style.
You can find this portfolio on the company website in the form of project specifics, images, and client endorsements.
Check Registration with DLD
Real estate developers in Dubai must register with the Dubai Land Department.
Make sure all the companies you are considering have this registration. It shows that they are credible because, under this registration, they will be required to follow local laws and norms.
You can confirm this registration through the official DLD website or by contacting them.
Industry Awards and Certifications
A credible property company tends to be awarded for its innovation and quality with certificates and awards. These can also be awarded for ensuring client happiness and giving superior construction. Thoroughly check the company website’s to assess which awards and certifications a company has received.
Get Recommendations from Trusted Sources
Sometimes, you can get the most insightful responses from your trusted sources. This means that you can consult your relatives, friends, or coworkers who have insight into Dubai’s real estate. With the help of their first-hand recollections, you will be able to make better choices.
Talk with Current and Past Buyers
If possible, you should get in touch with current and past buyers through online forums and social media groups.
This is a useful way of finding out the credibility of a property company because you will come to know about their experiences and degree of satisfaction with their investment.
This will help you know about details like the company’s approach towards customer support, problem-solving, and overall satisfaction. Another way to do this is to ask for buyer references from the companies you are considering.
Visit Ongoing Projects
One of the ways of knowing the credibility of a property company in Dubai is by visiting their ongoing projects. By doing so, you will find out about safety precautions, site management, and construction quality.
It will also give you a chance to communicate with the employees there, which will give you insights into the professionalism and work ethic of the company.
Find Financial Status
If you want to tap into Dubai’s property rally, then you should first find out about the financial stability of the property company. This is important because it will help ensure that all projects are completed with the best quality and on time.
You can assess the company’s financial status by going through financial reports or press releases. You can even check if the company has any ongoing legal disputes or disagreements.
Choose a Credible Property Company in Dubai
When choosing a property company in Dubai, you should check their credibility because only then your investment will be secured. A credible property company will also increase the chances of you reaching your expected returns on investment.