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Condo Hotel Unit Resales in Dubai


Q. Are there any condo hotel unit resales on the market in Dubai?

A. There are few if any resales as most properties are still in the early stages of planning or construction. Everywhere you look around Dubai, you see towering cranes involved in building. In other words, we're at the very beginning of the development cycle. Because developer inventory is still available and so new on the market, it will be a while before a significant number of condo hotels are completed and original owners are ready to resell their units for profit.

Q. How will resales work? If I buy a condo hotel unit, will I be able to resell it if I don't reside in Dubai?

A. Just like selling condos anywhere in the world, you'll be able to list your condo hotel unit with a local real estate broker, await offers, go to contract, sell and count your money. After that, all you'll need to do is send Condo Hotels Dubai a note saying "Thank you for selling me a great condo hotel. We're thrilled with the profit we made!"

The above questions were submitted via e-mail by a visitor to The answers were prepared by Joel Greene, a licensed real estate broker, who specializes in condo hotels and the Dubai real estate market.

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