Living and real estate in Dubai: everything you wanted to know

Dubai is a popular immigration destination. The largest city in the United Arab Emirates, with a high standard of living, modern real estate and quality service. Here everything is as in a shop window - aesthetically pleasing, safe and convenient.

But how are things in Dubai really? Consider the strengths and weaknesses of this emirate in terms of life and real estate in questions and answers.

Yes it is. In Dubai, you will be comfortable only with knowledge of English, which, by the way, is the second most important language here. It is owned by service workers, bank employees and civil servants.

English is spoken by specialists of different nationalities. Also, almost all information boards, signs, road signs, official documents, price tags in retail are duplicated in this language.

This is true, but there is a nuance. All profits received by you and your employees will go to your bank account and will not cause any interest from the public services.

However, an official business in the country will require an activity license, which costs about $5,000. It must be renewed every year.

An established trend in Dubai is traditionally higher demand for villas than supply

Compared to apartment rentals, villa rates have more than doubled in the first half of 2022.

The dominant investors are from the UK, France and Italy.

he quarterly growth of investments from Russians amounted to 65% compared to last year.

Secondary real estate is in particular demand in Dubai.

Also increased popularity in the market of secondary housing and short-term rentals.

The address system in Dubai may seem unusual at first. Most of the arteries of the city have only alphanumeric designation. In addition, street numbers are sometimes duplicated in different areas. To solve this problem, the authorities launched the Makani system.

 In accordance with it, each object in Dubai received a 10-character code. Visitors and residents of the city will be assisted in orienting themselves by the free Makani Dubai app.

Leasehold is a form of ownership of property with non-exclusive ownership (or an analogue of a long-term lease).

Accordingly, freehold gives an exclusive right to property.

Yes, it is allowed.

Because the punishment for cohabitation without official legalization of relations was canceled back in 2020.

In the Middle East, labor days traditionally continue until Thursday. Accordingly, Friday and Saturday are days off. However, in the UAE, since 2022, this procedure has been abolished, bringing it into line with European standards

Friday has become a half-working day, since lunch it is already a day off.

Tourists can drive under national driving licenses.

While residents require a local driver's license.