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FAQ

Most frequent questions and answers

What is the property market trend in UAE?

The UAE’s real estate sector contributes around 5.5% of the GDP of the country, and it has been on the rise since 2022 as both rental rates and home prices have increased. Dubai’s transaction volume reached its highest level for the first quarter ever observed in the area in the first quarter of 2022.

What are the main types of investment properties in Dubai?

In Dubai, investors can choose between villas, apartments, townhouses, penthouses, duplexes, and plots and lands.

What are the main areas for foreigners to buy property in UAE?

In Dubai, there are specific zones where foreigners can purchase real estate. These locations, such as the Palm Jumeirah, Downtown Dubai, Dubai Marina, Arabian Ranches, and Jumeirah Beach Residence, are decided upon by the Ruler of the Emirate of Dubai.

Can I live in Dubai if I buy a property?

Real estate purchases in Dubai may result in the buyer receiving a residence permit. The property must be finished at the time of purchase and worth at least AED 1 million to qualify for the UAE investor visa program. Dependents may also be sponsored by real estate purchase residence visa holders.

What is the future of real estate in the UAE?

The real estate industry in the UAE is anticipated to increase by 2.97% between 2023 and 2028, reaching a market volume of US$0.80 trillion by that year. The important characteristic that makes the UAE a desirable location for real estate investment is what is driving this expansion.

How to invest in UAE real estate?

Here are some tips to invest in UAE real estate:

Know About Different Property Types and Their Worth
Research the Market Status and Risks
Property Investment in Dubai
Don’t Sacrifice Location
Choose Areas with High Rents and Demand
Spend Time in the Area
Luxury Property Buyers Should Have Financial Resources
Investing in Residential Properties Offers Shortcuts for Legal Residency
Seek Expert Advice When Investing in Dubai Real Estate

Can foreigners invest in real estate in Dubai?

Yes, foreigners are permitted to purchase real estate in the UAE. There are, however, certain geographical limitations. Citizens of the UAE or the Gulf Cooperation Council (GCC) may buy real estate anywhere in Dubai.