Want Access To Quick Cash? Simply Sell Your Phone!

 

Have you ever thought your old phone can bring quick cash? Most of us throw an old one and rush for new phones. UAE has a steady economy for years hence most of the citizen residing here doesn't worry about the costs but they aim in updating themselves from time to time. In the race for a better lifestyle, old gadgets are getting stacked behind the cabinet and are collecting dust. These electronic goods are then dumped with household wastes and causes environmental pollution. Harmful substances, like lead, cadmium, mercury, etc mix with the environment and harming the entire living world. Moreover, it is wastage of resources. Some people desire of upgrading their lifestyle but cannot afford it. These people flock towards second-hand items and what you get is quick cash.

Now a question arises how to sell my phone in Dubai? Well here are several options for you. You can sell your phone to an individual customer, in a mobile store, a second-hand market, online stores, or in a pawn shop. If you are selling your phone in a pawn shop, certainly the price will fall below the margin level, though you get the cash instantly. This is not a good option. Similarly, the offline stores or second-hand markets will bargain for the price. Finding an individual customer is hard. And there are online stores, where you need to wait indefinitely for the right customer o lower the price of your item. Are you worried about, where to sell my phone in Dubai?

UAE’s second-hand markets are flourishing their business, especially with electronic gadgets. The country has made opportunities to some reliable online groups or stores to conduct business and help individuals to make quick cash by selling their used gadgets, luxury watches, etc.  You register yourself on these sites with your valid details. The technical members will contact you immediately to give authorization. Now you need to upload your smartphone to their site. Next, a few questions will appear about your smartphone. Here, you need to correctly answer all the questions; then a verification round is conducted where the company may ask you to show original documents like the receipt of purchase, warranty certificate, and service reports. Once all these are verified, now dealers bid a price for your smartphone. The highest bidder, purchases it immediately. At times you may need to visit a nearby company store, whereas some pick up your smartphone at your doorstep. You don’t need to wait for the cash. Payments are made immediately. Now the interesting part is that you get an opportunity to buy back the smartphone during a period as offered by these companies having a buyback policy. They charge you the same amount at which you had sold it previously. Even after that period, you can buy it back, but with the charges as decided by the new owner.

During emergencies, rushing to an authorized financial institution to apply for a loan and wait for several days is impossible. Moreover, loans have a particular repayment period and you are bound to pay them back, or these institutions have the right to take legal actions. In Dubai loans from friends and family is non-profitable, i.e. they can’t charge you interest over the loan amount. Therefore, it becomes inconvenient to ask them, this is when your smartphone comes to light. If you are selling it into a pawn shop or giving it to someone in return for some money, they lose your ownership and cannot buy it back with the same price you have sold them at. Therefore think carefully before you sell your smartphone to gather emergency fund.