Real estate expert Walid Al Zarooni, Chairman of Dubai-based real estate brokerage firm W Capital, delivers a real estate lecture introducing the right way to real estate investment. Al Zarooni said that the lecture is organized by the Institute of Innovation Experts Real Estate Institute in Dubai, and it was broadcasted via the “Zoom” application on March 8, 2023, over a period of two hours, from 6 to 8 pm.
And Al Zarooni said that the real estate brokerage company “W Capital” signed a partnership agreement with the Institute in Dubai in January of last year, with the aim of working to raise real estate awareness and provide joint training courses in the near future. Under the partnership, real estate expert Walid Al Zarooni will provide training courses within the Institute to introduce the basics of the real estate market in the Emirate of Dubai.
“We are pleased to present such courses and lectures within the Innovation Experts Real Estate Institute programs, which was established by a group of real estate experts who have more than three decades of experience working with the Dubai Land Department,” Waleed Al Zarooni said.
He indicated that the current lecture will focus on the foundations, principles and conditions that must be followed and known when making a decision to invest or buy a property, and reservations will be available to participate in this online lecture with 500 dirhams fee.
Al Zarooni revealed that successful real estate investment requires several important matters, including determining the budget allocated for investment first, as well as determining the purpose of purchasing the property and whether it will be for personal ownership or for rent, as well as ensuring that payments due for installments are available on time to avoid delay.
Al Zarooni added that the market must be read and the ideal date must be set for the deal to be executed. “Despite the high prices to some extent, they still have many possibilities for further rise, in light of the strong demand and supportive factors within the market,” he said.
“The presence of a real estate broker is very important in assisting and protecting customers in real estate transactions, and playing a major role in completing sales and purchase deals, as it is the first reference for customers in the real estate market,” he added, noting that choosing a professional real estate broker is what makes the deals successful.
“Whether it is a buyer looking for a property for the purpose of investment or housing, or an owner who wants to sell, it is certain that the presence of the mediator greatly contributes to facilitating the buying and selling processes and making them more flexible,” The real estate expert said.” It is even possible to say that the presence of the real estate mediator has become imperative in real estate purchase and sale transactions,” he concluded.
He pointed out that the customer must be familiar with the market situation to seek the help of the mediator before offering the property for sale or rent, and conduct a study of its type, location and area, as well as verifying its price compared to similar units in the same area and maintenance fees, taking notes on it and taking clear shots of the details from inside and outside. Al Zarooni explained that the institute specializes in the real estate training, which they provide according to the best international practices.
He said that the Innovation Experts Real Estate Institute is a special project envisioned as a gateway for real estate professionals of all types to the most relevant, accurate and up-to-date real estate knowledge, Whether it’s the world’s best practices, the latest market insights, or innovative technologies and tools. He stressed that the institute’s team of experts has the ability to help the trainees, develop their abilities and enlarging their knowledge of the market.
He referred to the Institute’s objectives in spreading the culture of innovation and training and creating an environment conducive to innovation in the real estate market locally and abroad, which helps respond to the aspirations of customers and the adaptation of real estate developers with new innovations that arouse the interest of investors and buyers.
He believes that the characteristic of strong economic performance for all sectors is innovation that encourages the creation of new experiences and encourages moving forward to a better impact, as well as facilitating life in a better way thanks to technology.