What is the property maintenance budget in Dubai?

What is the property maintenance budget in Dubai?

What is the property maintenance budget in Dubai?

Do you know how much should be reserved for property maintenance budget in Dubai ?

Buying a property might be an exciting thing in your life. But also, before completing legal documentation, make sure you are not missing out on some important details to think about. Property buyers need few factors to examine before buying. Like age of home, the climatic condition in your area, the overall look of your building. Especially if you are living in Dubai, you need to keep in mind extreme weather condition and house maintenance cost

In each situation, an owner is supposed to keep a cash for emergency repairs. It is very tough to predict what can be a home renovation cost.

Tweak your budget accordingly

You cannot ignore property maintenance costs in Dubai, but you can stop yourself from unexpected outgoes

Want to know how? Then read this article till the end

If you are already keeping an eye on the topological factors. Like the weather, its variations in temperature, and humidity in Dubai. If it’s positioned at a spot where heat storms or extreme weather is more common. Then you need to renovate your home accordingly.

House Maintenance Budgeting is so much easier

  1. Avoid underestimation of expenses

Being cash deficient in emergencies is what will cause huge trouble for you. Get yourself safe by overestimating your budget in the beginning, so that you will unlikely run out of cash

  1. Make a list

Jotting down all the possible requirements onto a piece of paper will give you a thought for types of equipment you may need. Or even if you are consulting a renovation company. Show them blueprints and sketches to help them in giving you an estimate of property maintenance budget in Dubai

  1. The 1% to 4% rule

That being said, you are assumed to spend between 1% to 4% of your home’s value each year for house maintenance cost.

Is the cost of your house is AED 200,000? Then You need to spend at least from AED 2,000 to AED 8,000 a year on the renovation

  1. Money Allocation in Saving Accounts

It is wise to allocate house maintenance budget costs into a healthy savings account. So that you could tackle emergency repairs easily. And you will not have to panic for running out of cash on the spot.

  1. Contract with Preventive Maintenance Company

Why not sign a contract with a professional Property renovation company? Give a call to +971 567799929 to know about the property maintenance budget in Dubai for the best services.

Their Property maintenance cost matrix starts from a handyman for 150 AED/ hour to 1999++ AED. For medium to big maintenance size projects. This may include painting touch-ups for the apartment as well.

Services of iProp Maintenance includes kitchen remodeling, woodwork decoration, carpentry, plumbing, flooring & tiling, painting, AC repairing, and much more can be done upon your request.

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