Real Estate in Dubai for Investment and Living, with from 6% per Annumm

Types of Dubai Properties

Apartments

• from 30 m²
• from studios to 4 rooms

Access to fitness centers, swimming pools, lounge areas, and children's playgrounds. All properties for sale are fully finished, with built-in furniture — kitchens and equipped bathrooms

The price includes at least one parking space, and two spaces are for apartments with an area of 140 m² or more

$4,900

average price per m²

Townhouses

• from 120 м²
• 2–5 bedrooms
• Several levels

Residents have access to the complex’s shared infrastructure: gyms, swimming pools, tennis courts and playgrounds.
Each townhouse has a separate entrance, individual parking, and a small courtyard.

$4,050

average price per m²

Villas

• from 200 m²
• 3-7 bedrooms

Each villa has its own territory with a garden, garage, and often a private swimming pool.
Some premium projects contain internal elevators.

$4,050

average price per m²

• How much does real estate in Dubai cost?

  It depends on the areas and amenities. On the primary market of Jumeirah Village Triangle and Jumeirah Lake Towers, the cost is $3,900 per m². In the Business Area, it starts at $7,700 m².

• What are the benefits of buying property in Dubai?

  Finding the perfect property with the best price can be a great opportunity for business development, housing, and investing. There are no property and capital growth taxes, and no limits for foreign nationals, but there are high rental yields, a stable estate market, and attractive developing infrastructure.

• Can foreigners live in Dubai without a visa and for how long?

  You can visit the OAE with a tourist visa, but a residence visa is needed to purchase Dubai properties for sale. For permanent residence, you will need an Emirates ID. Buying real estate for an amount from $205,000 entitles you to an investor visa valid for 3 years with the possibility of extension.

• What are the benefits of a Golden Visa in Dubai Properties?

  Investors prefer the Golden Visa to become a landlord in Dubai. This visa offers a stay of up to 10 years. To obtain the visa, one must purchase a property worth at least $545,000 and each case is considered individually. The Golden Visa doesn't have a sponsor requirement, and its holders can live, study, work, and access healthcare without limitations. The visa holder can leave the UAE at any time without risks of the visa cancellation. In addition, this visa can also be used to issue sponsorship visas for family members and household staff.

• What taxes need to be paid when purchasing or owning property in Dubai?

  “DLD” is the registration fee on properties for sale in Dubai, and it is 4% of the value. Additional fees off plan can also be applied by real estate companies for documentation. The relevant Administration Fee varies from $1 to $1.50 per square meter, depending on the developer. The fee for the title deed is $10, and a mortgage can be up to 500 AED. It is worth noting that there is an Annual Service Charge, which varies from $8.70 to $87.10 per square meter. Utility bills are not included in this fee.

• Is it possible to rent out property in Dubai, and what are the legal requirements?

  You can be a tenant in Dubai communities, but some specific legal requirements can be applied. You need to have Foreign Ownership or Residency Status if you’re interested in renting your place. You can rent out your property yourself, but it is important to consider all the legal nuances. A special license is not required if you rent out for a long term. In the case of short-term rentals, a license will be required. Owners usually work with specialized companies that handle property licensing and management.

• Which are the best locations for buying property in Dubai?

  The Jumeirah Triangle is one of the top properties for sale for investors, as well as the Business Area. Besides that, there is the Marina Area, primarily for luxury properties and high rental yields but also for residential properties and investors.

• How can a property purchase help in obtaining a residence permit in Dubai?

  There’s a visa called Property Investment Visa, and buying property in your dream skyscraper can be one of the ways to obtain this resident permit which can be valid for up to 10 years. It's also known as Golden Visa because there’s a minimum purchase value of 2,000,000 AED ($545,000) to get it. There is also a 3-year investor visa, which can be obtained after purchasing real estate worth $205,000 or the equivalent in AED.

• Who are the most reputable developers in Dubai?

  A creator of the Arabian Ranches, Burj Khalifa, Downtown Bay, and others, Emaar Properties is one of the biggest. There’s also Nakheel Properties with Palm Jumeirah, The World Islands, Palm Jebel Ali, District 1, JVC, JVT, and Dubai Islands. Other names would be Damac Properties, Meraas, Dubai South, Sobha Realty, and Dubai Properties. There is also Ellington Properties with a high standard of construction quality. Other significant players in the Dubai market are Imtiaz and Iman.

• How does the buying property process work in Dubai for international buyers?

  After finding the right area to purchase properties, you need to determine the foreign ownership, through freehold or leasehold of property in Dubai. There’s also a required minimum investment of 1,000,000 AED. You should carefully select projects that fit your request. After that, you should make an EOI or unit reservation in cash equivalent ($13,600). Then the first installment payment and land tax (20% + 4%) will follow. The final stage will be the signing of the purchase and sale agreement (SPA) and registration of the transaction in the Land Department. The process can take up to 4 weeks. You will receive a document confirming the ownership by mail.