Whether you are a real estate pro or a beginner, there is a lot to consider and factors to take into account when it comes to buying a property in Dubai.
Having said that, due to the rising number of residential developments in the emirate, it has become easier than ever for anyone to become a property owner. Developers now offer flexible payment plans and terms that make it easy for buyers and investors. Furthermore, there is also an option of making a pick from villas or apartments for sale in Dubai UAE that are still under development.
However, the story doesn’t end when you have purchased a property. You still have the responsibility for its maintenance. Failing to do this can devalue and, in some cases, destroy your property.
Have a look at 6 mistakes homeowners make that adversely impact their property:
Ignoring Water Damage Signs
One of the biggest mistakes homeowners make is ignoring water damage signs. It can often result in damages that you will need to burn a hole in your pockets to get repaired. As soon as you notice any of the water damage signs, it’s important to take immediate action. Failing to do so can also lead to structural damage.
When a property suffers from water damage, it starts to leave a musty or damp odour. Furthermore, moulds may also start to appear on walls and floorboards. Some other signs that indicate damage to a property include:
- Water stains
- Dark spots
- Loose, discoloured or dented shingles
- Dripping sounds
It is important to pay attention to these signs and take action in a timely manner if you want to avoid incurring huge expenses. If you are looking to buy property in Dubai, consider these signs as red flags and explore other options, as it is never recommended to select a property that has water damage issues.
Taping Walls and Other Surfaces
It is not uncommon for a home that has kids in it to have tapings on walls and other surfaces. Kids tend to treat these surfaces as huge canvases where they proudly flaunt their creativity. For parents, this may not be that much of a big deal. However, when it comes to the devaluation of property, it can matter a lot.
When the tap or any other adhesive material is taken off the wall, it can pull off the paper, which leaves an unappealing spot on it.
Ignoring Maintenance of Appliances
It is another common mistake that homeowners tend to make. If you aren’t maintaining your appliances properly, their shelf life will reduce. Be it a washing machine, dishwasher or air conditioner, every home appliance needs maintenance.
During maintenance, professionals may identify potential issues that can save you from bigger damage. For instance, if there’s an issue with the wiring of a particular piece of equipment, it can result in a fire eruption. And the outcome of such an incident is known to one and all.
Relying on DIY Repair Practices
A lot of people, to cut down on their expenses, tend to rely on DIY practices for minor repairs in their homes. However, due to the lack of expertise and experience, these minor issues can be turned into major ones, causing more grievances for homeowners.
This is the major reason why one should always rely on professionals or handymen for repair work. A particular job may seem easy on a YouTube video, but when it comes to actually doing it, the technicalities and complexities involved may make it way tougher.
Also, some repair jobs require the use of particular tools and suppliers, which a layman usually does not have access to. Using their alternatives may not result in desirable outcomes. Thus, it will never hurt to spend some money in lieu of enhanced comfort, convenience, and peace of mind.
Not Having Any Tenancy Rules
If you are planning to put your property for rent, make sure to define tenancy rules. They must be mentioned in the rental agreement. If you haven’t defined them, it gives a free pass to tenants to be irresponsible. They wouldn’t take care of the property properly, resulting in irreparable damages.
Hiring an Incompetent Management Company
The trend of hiring management companies is on the rise in Dubai. A lot of foreigners, in particular, rely on the services of property management firms. These companies are responsible for managing their property and ensuring its well-being during the absence of the property owner.
This convenience and facility can often turn into a disaster if you have hired an incompetent management firm. Thus, it is recommended to do your research and make an informed decision when hiring such a company.