How do I qualify my developer in JVC?

The reputation of a property developer is one of the most important but also one of the most overlooked factors when purchasing a property in Dubai. Many people are too dazzled by the sales pitch, or the too-good-to-be-true payment plans, or the sophisticated show suites to ask themselves, ‘can this developer actually deliver on time and according to plan?

When one of your most significant purchases is on the line, you must ensure that your decision has been carefully planned, analysed, and executed. If you decide to buy a property from a developer, you must choose one that you are confident can – and will – deliver the home of your dreams.

The following are questions to ask that will help you qualify your developer in JVC:

What is your experience?

You would never knowingly risk your dream house being constructed by an inexperienced developer, so it’s critical to ask about the company’s previous projects. Once your preferred JVC property has been found, visit the developer’s website. Take note of how many projects they have delivered in JVC and elsewhere. Launch a Google search on the named projects to uncover things like reviews from purchasers or possible construction defects or shortcomings that might have made the news. The online public perception of the developer is usually the reality.

Are they credible?

Being in the property development sphere for an extended period of time does not instantly mean the developer is credible. While hunting online for information on the developer’s experience, take note of other key factors. Did the developer deliver their project on time? Did they make promises that they didn’t keep regarding building quality or payment plans? In short, have they earned the goodwill and trust of their customers? Maybe plan to visit one of the many JVC coffee bars or eateries and ask the residents yourself.

Are they viable?

A developer lacking adequate funds will either delay construction or remedy their cash flow issues by using substandard materials. Again, a quick online search in business or financial news should give you the answer. If you have friends in banking or the financial sector, they might be privy to some insider information regarding how well the developer is really performing.

Do they have a vision and a plan to execute that same vision?

Reputable property developers follow definite construction calendars and have the financial capability to complete their projects on time and according to specifications. They will declare these plans to the public, usually outlining the number of units sold, the relevant financial information regarding the project, and what can be expected during all phases of development.

If the developer you’re thinking of buying from in JVC is withholding on any of these points, run. But if your developer scored high points on all the above indicators, your choice is probably a good one.

Buying a home where lifetime memories will be made for you and your family is a decision that you shouldn’t take lightly or make in haste.