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FAQ's

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.

Is there a property tax in Dubai?

There is no taxation on owning properties in Dubai.

Real Estate News, Insights & Tips

15 Most Famous Buildings in Dubai

Renowned worldwide, Dubai stands out in the world arena for many good reasons. Obviously, it is a globally esteemed and celebrated city for its luxury, deluxe, grandeur and serenity. It is also considered one of the best places to live, work and enjoy because of its modern and family-oriented developments, business policies and favorable environment and countless attractions and leisure facilities. One of its …

Dubai Lifestyle Oct 17, 2024 0 Continue Reading

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15 Most Famous Buildings in Dubai

Oct 17, 2024

Renowned worldwide, Dubai stands out in the world arena for many good reasons. Obviously, it is a globally esteemed ...

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15 Most Famous Buildings in Dubai

Dubai Lifestyle Oct 17, 2024 0 Continue Reading

Abu Dhabi Confirmed As The Second Destination For The ...

Sphere Entertainment Company and the Department of Culture and Tourism – Abu Dhabi will develop a landmark the famous Las Vegas Sphere in the capital of the UAE through collaboration. The capital city is all set to deliver next-generation immersive experiences. This development will completely alter the dynamics of Abu Dhabi’s entertainment industry. The Department of Culture and Tourism will bear the expenses of …

News Oct 16, 2024 0 Continue Reading

Top 10 Mega Projects in Dubai (2024 – 2025)

The development of mega projects in Dubai transforms the exciting face of one of the world’s most sophisticated and vibrant cities. This trend has no ending and it continues to mold and improve Dubai’s stature as a global hub of luxury real estate. Burj Binghatti, Dubai Wasl Tower, The Dubai Creek Tower, Marsa Al Arab, Dubai Urban Tech District and Dubai Vertical City are …

Dubai Lifestyle Oct 15, 2024 0 Continue Reading

Aldar Partners With Expo City Dubai For A Landmark Mix...

Aldar Properties and Expo City Dubai have decided to collaborate and develop a prominent mixed-use development worth $475 million (AED 1.75 billion) in this newly launched neighborhood near Al Maktoum International Airport. This modern project will feature a range of residential and commercial spaces spread across six buildings, aiming to play a significant role in the growth and development of Expo City Dubai. This …

News Oct 14, 2024 0 Continue Reading

Abu Dhabi vs Dubai: A Comprehensive Comparison

The United Arab Emirates is known for various reasons. Its unprecedented development has earned it a decent reputation globally. People come to Dubai for employment, business, and living purposes. The UAE consists of seven emirates. Abu Dhabi and Dubai are some of the most prominent emirates. Both are popular destinations and warmly welcome tourists, businessmen, and professionals. No matter whether you aim to come …

Dubai Lifestyle Oct 12, 2024 0 Continue Reading

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