Real Estate in Kalba, the UAE
Last updated on Nov 15, 2024
Summary: People living in Kalba, UAE offer advice about real estate. How do you find a home in Kalba? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Kalba?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Kalba, United Arab Emirates, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a large villa, depending on your needs and financial capacity. Next, you should research the different neighborhoods in Kalba to find one that suits your lifestyle and preferences. Consider factors such as proximity to work or school, availability of amenities such as shops and restaurants, and the overall safety and cleanliness of the area. Once you have a clear idea of what you're looking for, you can start your search. There are several online real estate platforms that list properties for rent or sale in Kalba, such as Property Finder, Bayut, and Dubizzle. These websites allow you to filter your search based on location, property type, size, and price range. You can also consider hiring a real estate agent to assist you in your search. They can provide valuable insights about the local market, help you negotiate prices, and guide you through the legal procedures involved in renting or buying a property in the UAE. Once you've found a property you're interested in, arrange a viewing with the landlord or real estate agent. This will give you a chance to inspect the property, ask any questions, and get a feel for the neighborhood. If you decide to proceed with the property, you'll need to negotiate the terms of the lease or purchase agreement, including the price, duration of the lease, and any other conditions. In the UAE, it's common to pay rent in advance for the entire year, although some landlords may allow you to pay in multiple installments. Finally, once you've agreed on the terms, you'll need to sign the contract and make the necessary payments. This typically includes the first year's rent, a security deposit, and any agency fees if you used a real estate agent. After this, you can move into your new home in Kalba," said one person in Kalba.
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What is a typical expat home or apartment like in Kalba?
"A typical expat home or apartment in Kalba, is often spacious and modern, reflecting the country's rapid development and wealth. These homes usually come fully furnished with contemporary furniture and appliances. The living room is typically large and open, often connected to a dining area. The kitchen is usually equipped with modern appliances, including a refrigerator, stove, and often a dishwasher. Bedrooms are usually sizable, often with built-in wardrobes and attached bathrooms. The bathrooms are typically modern and well-maintained, often featuring both a shower and a bathtub. Some apartments may also have a small balcony or terrace, offering views of the city or the nearby ocean. Air conditioning is a standard feature in all homes due to the country's hot climate. Many expat homes also have access to shared amenities like a swimming pool, gym, and sometimes even a sauna or steam room. Security is typically high in these residential areas, with 24-hour security services and sometimes even gated communities. Despite being in a bustling city, many expat homes in Kalba are located in quieter residential areas, offering a peaceful living environment. While the style and size of the homes can vary, the overall standard of living is generally high, reflecting the UAE's status as a wealthy and developed nation," said one person in Kalba.
What is the average cost of housing in Kalba?
If you are thinking about moving to Kalba, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Kalba can vary greatly depending on the type and size of the property. For instance, a standard two-bedroom apartment in Kalba might cost around AED 25,000 to AED 35,000 per year to rent. If you're looking to buy property, a villa in Kalba can range from AED 500,000 to over AED 1 million. However, these prices can fluctuate based on market conditions, the specific location of the property within Kalba, and the amenities offered," said one expat who made the move to Kalba.
Should I buy or rent a home in Kalba?
If you have not spent a lot of time in Kalba, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Kalba, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Kalba for a long period, buying a home could be a good investment. Owning a property allows you to build equity over time and could provide financial security in the future. However, buying a home also comes with significant upfront costs, including a down payment, closing costs, and maintenance expenses. It also requires a long-term commitment, as selling a home can take time and effort. On the other hand, renting a home in Kalba offers more flexibility. It's a good option if you're not sure about your long-term plans or if you prefer not to deal with the responsibilities of homeownership. Renting allows you to move more easily if your job or personal circumstances change. However, renting doesn't build equity and rental rates can increase over time. You also have less control over your living space when you rent, as you can't make significant changes to the property without the landlord's permission. In conclusion, both buying and renting a home in Kalba have their pros and cons. It's important to carefully consider your financial situation, lifestyle, and future plans before making a decision. Consulting with a real estate professional or financial advisor could also be beneficial," said one expat in Kalba.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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