UAE Property Market: answers to the most frequently asked questions
1. Is it safe to transfer money from all over the world?
Yes, transferring money to the Emirates is absolutely safe. We provide assistance with transfers, selecting the most convenient and profitable options for you.
2. What is the starting price of apartments in Dubai?
Housing prices in Dubai depend on the category of the property:
- Comfort: from $160,000
- Business: from $200,000
- Premium: from $300,000
- Elite: from $1,000,000
3. Are installments available to foreigners?
Yes, foreigners can use installments to purchase real estate in the UAE. Installments are provided for a period of 2 to 8 years with an interest rate of 0%.
4. Can a foreigner take out a mortgage from a Dubai bank?
Yes, foreigners can get a mortgage from Dubai banks. For approval, you must provide the following documents:
- Residency in the UAE
- Employment in the UAE
- Official income of at least $4,000 per month for six months
- Good credit history
5. How much do you need to reserve a property?
In most cases, a 10% deposit of the property's value is enough to reserve the property. However, the prepayment amount may be less depending on the project.
6. What is the expected return on investment?
The return on investment in UAE real estate may vary depending on the chosen strategy:
- Rental: 6-12% per annum
- Resale with leverage in the form of installments: from 15% per annum
More detailed information about each strategy is provided during free consultations.
7. Is it possible to earn 50% per annum on Dubai real estate?
In some cases, yes, our clients have had such cases. However, this is rather an exception to the rule. You should not focus on such high indicators, since a competent selection of investments in highly liquid projects and constant analysis of the UAE real estate market play a large role here. But with the support of Mercury Group experts, everything is possible!
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Properties in UAE
Special offers of real estate abroad
- € 1 700 000
- Mansion, castle, estate, For sale
- ID: IT-39-155352
- Italy, Toscana, Siena
Farmhouse with pool in Monterone Darbia, Tuscany
- upon request
- Mansion, castle, estate, For sale
- ID: IT-39-141640
- Italy, Toscana, Montepulciano
Estate for sale with views of Montepulciano - Tuscany
- € 426 000
- Apartment, For sale
- ID: TH-245-157216
- Thailand, Phuket, Bang Tao
Luxury 2-Bedroom Apartment in Iconic Bang Tao Resort Condominium – 100 sqm with Exceptional Amenities
- € 399 000
- Apartment, For sale
- ID: TH-245-157230
- Thailand, Phuket, Bang Tao
1-Bedroom Luxury Apartment with Private Garden and Jacuzzi near the ocean – 82 sqm of Eco-Friendly and Wellness-Focused Living
- € 300 000
- Apartment, For sale
- ID: HU-226-136082
- Hungary, Budapest
2-studio apartment FOR SALE in Budapest Corvin Promenade city center
- € 1 515 000
- House, For sale
- ID: TH-245-157231
- Thailand, Phuket, Bang Tao
Luxurious 4-Bedroom Villa on the Front Line of Layan Beach
- € 1 350 000
- House, For sale
- ID: IT-39-153009
- Italy, Liguria, Sanremo
Villa with panoramic views of the Riviera dei Fiori for sale, Liguria
- € 550 000
- House, For sale
- ID: ME-103-100396
- Montenegro, Budva riviera, Krimovica
Two new villas in Krimovice
- upon request
- Apartment, For sale
- ID: OW-OAE-133859
- UAE, Dubai, Business Bay
Beautiful apartment in one of the top buildings by premium developer Select Group called the Edge.