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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

Reef Luxury Developments Unveils Sunken Balcony Concep...

Dubai is a modern city. It is known for the continuous development of transformative, innovative, and unique projects. This city witnesses luxurious projects with each passing day. This trend seems to be continuing. This time a new player in the luxury real estate market of Dubai, Reef Luxury Developments, comes with an inventive concept dubbed “Sunken Balcony”. This property company aims to redefine the …

News Oct 03, 2024 0 Continue Reading

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Reef Luxury Developments Unveils Sunken Balc...

Oct 03, 2024

Dubai is a modern city. It is known for the continuous development of transformative, innovative, and unique projec ...

load articles

Reef Luxury Developments Unveils Sunken Balcony Concep...

News Oct 03, 2024 0 Continue Reading

Discover Al Barsha 1: The Ultimate Guide to Living in ...

Al Barsha 1 is one of the sub-communities of Al Barsha which is located adjacent to Umm Suqeim Road. This development also offers easy and smooth access to Sheikh Zayed Road. It is considered one of the fastest-growing neighborhoods in Dubai. Al Barsha is primarily a family-friendly residential development. It is divided into Al Barsha 1, Al Barsha 2, Al Barsha 3 and Al …

Dubai Lifestyle Oct 03, 2024 0 Continue Reading

Top Real Estate Companies In Abu Dhabi 2024

Aldar Properties, Reportage Properties, Bloom Holding, Eagle Hills, National Investment Corporation, Saidah International Real Estate Development and IMKAN Properties are some of the top real estate development companies in Abu Dhabi in 2024. These property development companies develop innovative, modern and futuristic properties for sale in Abu Dhabi. Being the capital city of the United Arab Emirates, Abu Dhabi boasts a thriving real estate …

Real Estate Oct 02, 2024 0 Continue Reading

Trump’s Son Calls Dubai a ‘Developer’s Paradise’ – Her...

The charm of Dubai’s real estate fascinates everyone. Eric Trump, the son of the former president of the US, made a praising statement about Dubai and has called it a “Developer’s Paradise”. The development came following the announcement of two multi-million-dollar real estate projects in the Arabian Gulf. In his recent statement, Eric Trump called Dubai a “Developer’s Paradise.” He stated, “If you want …

News Sep 30, 2024 0 Continue Reading

10 Best Places To Live In Abu Dhabi (2024)

Abu Dhabi is the capital of the United Arab Emirates. It is a thriving city that is popular because of its sophisticated selection of desirable places to call home. The best places to live in Abu Dhabi include Yas Island, Al Reem Island, Saadiyat Island, Tourist Club, Khalifa City, Al Raha Beach, Mohammed Bin Zayed City, etc. Life is beautiful. It deserves to be …

Dubai Lifestyle Sep 30, 2024 0 Continue Reading

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