Yes, foreigners can buy property in Dubai. Depending on the area, they have options for both freehold and leasehold ownership.
Investing in Dubai property is a sound investment due to high rental yields, potential for capital appreciation, tax-free income, and Dubai's strategic location as a business and tourism hub.
Dubai has no property taxes, which allows investors to retain more of their rental income.
The Dubai Golden Visa is a long-term residence visa that allows investors and their families to live, work, or study in Dubai, providing a pathway to long-term residency.
Investors purchasing property worth at least AED 2 million, entrepreneurs, and individuals with outstanding talents or qualifications are eligible to apply for the Dubai Golden Visa.
Investors purchasing property worth at least AED 2 million, entrepreneurs, and individuals with outstanding talents or qualifications are eligible to apply for the Dubai Golden Visa.
Yes, both residents and non-residents can obtain mortgages in Dubai, with various products available from local and international banks. Mortgages are available for both off-plan and completed properties across various developments in Dubai.
Freehold ownership allows full ownership of the property and land, while leasehold provides the right to use the property for up to 99 years.
Dubai offers a range of residential properties, including apartments, villas, and townhouses, as well as commercial properties like office spaces, retail units, and warehouses. Off-plan properties are also available, often at a lower initial price with the potential for significant appreciation.
The Real Estate Regulatory Authority (RERA) in Dubai safeguards homebuyers’ interests and encourages investment in the real estate sector.
Its main responsibilities include registering and regulating real estate brokers, developers, and projects; ensuring compliance with laws and regulations; resolving disputes between parties in the real estate market; and protecting the rights of investors and buyers.
RERA's focus is on maintaining the integrity and transparency of the real estate industry.
Its main responsibilities include registering and regulating real estate brokers, developers, and projects; ensuring compliance with laws and regulations; resolving disputes between parties in the real estate market; and protecting the rights of investors and buyers.
RERA's focus is on maintaining the integrity and transparency of the real estate industry.
RERA provides specific services for landlords and tenants, such as registration and renewal of Ejari contracts, cancellation of Ejari contracts, and property lease valuation.
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