Welcome to First Dubai - Your Ultimate Guide to Dubai Property
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What is the projected growth trajectory of the Dubai real estate market?
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What is the potential return on investment for properties in Dubai?
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All the properties listed on our portal are freehold, meaning you have complete ownership, similar to Europe. This includes permanent ownership of both the land and the building. Full ownership has been possible since the enactment of a 2006 law, which grants this privilege to individuals of all nationalities in 33 districts of Dubai. Additionally, our portal features a convenient guide to most of these districts.
Is it possible for multiple individuals to collectively purchase a property?
Indeed, it is entirely feasible to collaborate with others to acquire a property in Dubai. Whether with family members or friends, there is no requirement for providing proof of individual ownership.
What payment methods are accepted in Dubai for property transactions?
Various payment methods are accepted by property promoters for real estate transactions. The accepted means of payment include:
Bank transfer
Credit/debit card
Cheque issued by a local bank
Cash
Cryptocurrency
Is it possible to invest remotely?
Certainly, it is entirely possible. The secure and remote purchase process is facilitated through established procedures implemented by the developer and the Dubai Land Department.
Is there a property tax requirement in Dubai?
No matter which property you own, there is no obligation to pay property tax in Dubai.
What does "payment plan" mean?
Payment plan is a scheduled arrangement that enables the gradual payment for a property over a predetermined period. In Dubai, these plans feature a 0% interest rate. Here are two examples:
Example 1:
20% payment upon reservation
30% payment during construction
50% payment upon handover
Example 2:
20% payment upon reservation
1% monthly payments over 80 months
