FAQ about buying property in UAE

Yes they can! You can buy real estate in freehold areas, which include the most popular and best areas of Dubai:

• Palm Jumeirah
• Dubai Marina
• Downtown Dubai
• Jumeirah Village

• Business Bay
• Jumeirah Lake Towers (JLT)
• Dubai Creek Harbour
• Bluewater Island

The average cost per square meter of residential real estate in Dubai is $3175.

(according to the official website of the Dubai Government DLD).

• The first way: purchase of real estate from 750,000 dirhams (about $205,000). The validity of the visa is 2 years with the possibility of extension. When buying real estate from $545,000, you can apply for a resident visa immediately for 10 years
• The second way: obtaining a work visa. In this case, your employer will pay for your residence visa in Dubai

• The third way: opening a business in Dubai, which involves a total cost of $25,000
• Fourth way: obtaining a student visa. In this case, you must be a student of one of the accredited universities in the UAE
• Fifth way: obtaining a freelance visa. In this case, you must confirm an annual income of 360,000 dirhams ($98,000), and in free zones, an annual income of $60,000

• Live, study and work in the UAE without the need for an Emirati sponsor
• Open an account both in a local bank and in Western banks or on crypto exchanges
• Get a mortgage from a local bank

• Apply for Schengen, American, British and other visas in Dubai
• Get local health insurance and get treated here
• Pay 0% income tax

Yes, you can! (even necessary!). Rental income is not taxed. Our company takes care of all the maintenance and management of your property. 

You receive a stable passive income and you do not need to participate in the management processes and search for tenants.

Profitability depends on the type of rent (long-term, short-term, medium).

• Long-term rent (annual rent) - yield 5-7% per annum

• Medium-term rent (monthly rent) - yield 7-9% per annum
• Medium-term (monthly) - yield 9-11% per annum

You, as the owner of the property, will need to pay annually for the maintenance of the building and the local area - the so-called service fees.

The amount depends on the area, type of property and the number of people living, and can vary from $15 to $59 per m².

Utility bills are paid by the tenant of the property, they are approximately $19-$27 thousand per year.

The country has no taxes on income, capital gains, inheritance, real estate and gift.

When buying a property, you will need to pay a 4% transfer fee, the so-called DLD (Dubai Land Department transfer fee).

All projects are sold with built-in kitchen and plumbing. As for furniture, it all depends on the project and the developer. Not all projects are commissioned fully furnished. 

But there are those who sell not only with furniture, but with dishes and towels.