Purchase of Real Estate in Dubai

my dubai big sign
Photo by Biju Arjun on Unsplash

Dubai is not just a city. Dubai is a brand, a legend and a trademark of all the most progressive and luxurious. This is the “city of records”, which in a little more than 50 years has turned from a point in a lifeless desert into the most dynamic and rapidly developing metropolis. This is the city of everything: the tallest tower in the world, the largest shopping mall in the world, the most expensive hotel in the world, the most stable economy and currency in the world, the safest city in the world.

Dubai is considered one of the most progressive cities with a multinational population. Since the government of the country conducts a fairly loyal tax and foreign economic policy, many people want to purchase real estate on its territory as a successful investment. Apartments in new buildings, which have already been commissioned and are fully ready for finishing work and subsequent settlement, are considered especially popular.

The main advantages of buying a home in a ready-made house

Deciding to buy an apartment in a ready-made house in Dubai, each client can get a significant benefit. It is noteworthy that this type of housing provides many advantages for buyers:

  1. The house territory is completely paved and ready for further use. There are convenient Parking lots and beautiful landscaping on its territory.
  2. All rooms have electrical wiring made of copper cable, as well as sockets, switches and cartridges.
  3. The apartments have a shell condition, which provides for the implementation of a concrete screed, the wiring of the pipeline system in the bathroom, smooth walls.
high building in dubai
Photo by Agnieszka Stankiewicz on Unsplash

What ready-made new buildings are offered in Dubai?

New buildings are located in the city centre, residential areas or on the outskirts. In addition, you can choose apartments in houses built of different materials, for example, block, brick, reinforced concrete, monolithic. The company’s website provides a detailed description of the residential complex, which makes it much easier and faster to choose the best option.

Why else is it profitable to invest in Dubai real estate?

Growing market

Real estate prices in Dubai are steadily rising. Demand is especially noticeably ahead of supply in the premium segment. Buying and reselling an apartment after a couple of years with 10-15% profit turned into a win-win strategy.

Residence permit

Having bought a property for more than $ 205 thousand, investors and their families are entitled to the status of residents of the UAE. You will be able to open personal and corporate accounts in local banks, as well as stay in the country all year round.

night dubai
Photo by Andreas M on Unsplash

In-demand rental

Renting an apartment for short-term rent can bring up to 12-15% per annum without taking into account the increase in the cost of the object itself. Even if we forget about tourists, the vast majority of Dubai’s population are expats. They also need to rent a house.

Resort paradise

Dubai is a city of sea, sun and eternal summer. Investors can once and for all decide the issue of housing for a holiday resort, if they choose a property near the beach. By the way, such objects never lose in value.

Neutral status

The UAE is a neutral country. In Dubai, Russians are not limited in any way in buying, selling or renting housing compared to representatives of other states. Developers accept transfers from many banks.

Welcome to the Dubai Real Estate market!