Ownership:
Freehold properties mean you own the land and building permanently since 2006.
Joint Purchase:
Multiple people can buy property together.
Payment Methods:
Accepted methods: bank transfer, credit/debit card, local bank cheque, cash, cryptocurrency.
Remote Investment:
You can buy property remotely.
Property Tax:
No property tax in Dubai.
Payment Plans:
0% interest plans:
- 20% reservation, 30% during construction, 50% on handover
- 20% reservation, 1% monthly for 80 months
Resident Visa:
Real estate investment can get you a visa:
- AED 750,000 to AED 2,000,000: 2-year visa
- AED 2,000,000+: Golden Visa
Costs and Fees:
- Transaction Fee: 4%
- Registration Fees: 2%
- Service Partner Fee
- Mortgage Fees
- Agent Commission: 2%
- Title Deed: AED 520
- Ongoing Costs: Maintenance, service charges
Steps:
- Research
- Hire a Broker
- View Properties
- Complete Documents
- Transfer Ownership
