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Dubai is a fantastic area to live and work for several reasons, including its high standard of living, the absence of property and business taxes, the amazing lifestyle it offers with its incredible malls, shopping centers, high-end restaurants, and exclusive beaches, as well as its desert landscapes and rich culture.
Nowadays, the real estate market in Dubai is filled with various offers for investors in both the off-plan and ready property sectors. Dubai’s secondary real estate sales sector has experienced growth on a scale not previously seen as record-breaking transactions are being reported by the government week after week.
On the other hand, the off-plan real estate sales sector has experienced a phenomenal growth in transactions as waterfront and beachfront townhouses, villas and apartments are being sold by almost all the leading real estate developers in Dubai with flexible terms and payment plans.
An Investor's Checklist When Buying a Property in Dubai
Are foreigners permitted to have 100% ownership of property in Dubai?
When you buy a piece of real estate, the last thing you want is for its value to decrease over the course of time. Is there a possibility that the value of the property will decrease over time? Do you intend to retain this for the rest of your life or sell it after a certain number of years? Depending on your use of the property, you should never forget to ask this question to the real estate broker you are working with to set your expectations before your purchase. Typically, the average rental return one can expect on a property is between 5% to 10%.
Are foreigners permitted to have 100% ownership of property in Dubai?
When you buy a piece of real estate, the last thing you want is for its value to decrease over the course of time. Is there a possibility that the value of the property will decrease over time? Do you intend to retain this for the rest of your life or sell it after a certain number of years? Depending on your use of the property, you should never forget to ask this question to the real estate broker you are working with to set your expectations before your purchase. Typically, the average rental return one can expect on a property is between 5% to 10%.
Are foreigners permitted to have 100% ownership of property in Dubai?
When you buy a piece of real estate, the last thing you want is for its value to decrease over the course of time. Is there a possibility that the value of the property will decrease over time? Do you intend to retain this for the rest of your life or sell it after a certain number of years? Depending on your use of the property, you should never forget to ask this question to the real estate broker you are working with to set your expectations before your purchase. Typically, the average rental return one can expect on a property is between 5% to 10%.
Are foreigners permitted to have 100% ownership of property in Dubai?
When you buy a piece of real estate, the last thing you want is for its value to decrease over the course of time. Is there a possibility that the value of the property will decrease over time? Do you intend to retain this for the rest of your life or sell it after a certain number of years? Depending on your use of the property, you should never forget to ask this question to the real estate broker you are working with to set your expectations before your purchase. Typically, the average rental return one can expect on a property is between 5% to 10%.
Are foreigners permitted to have 100% ownership of property in Dubai?
When you buy a piece of real estate, the last thing you want is for its value to decrease over the course of time. Is there a possibility that the value of the property will decrease over time? Do you intend to retain this for the rest of your life or sell it after a certain number of years? Depending on your use of the property, you should never forget to ask this question to the real estate broker you are working with to set your expectations before your purchase. Typically, the average rental return one can expect on a property is between 5% to 10%.