Dubai, UAE
Dubai, UAE
Dubai, UAE
Investors buy houses and apartments in the UAE based on their financial capabilities, so it is impossible to say which type of property is a priority. Flats are cheaper than houses, so they are bought more often.
Prices vary a lot, depending on the size of the flat, its location, infrastructure and other factors. You can buy a studio flat in the UAE from 130,000 euros by contacting the developer.
The average annual yield is 5-13%.
Yes, it is possible. It is necessary to buy a property for the amount of 205,000 euros or more.
Non-residents are open to free economic zones - freehold (freehold), where a foreigner has the perpetual right to dispose of his property in full. Property may be bought, sold, given, bequeathed. The leasehold model is the leasehold model - a long-term agreement for up to 99 years inside the economic zone. At the end of the term, the property can be purchased from the owner. During the leasehold period, the ownership right can be inherited or transferred by renegotiating the contract.
The UAE is very interesting for foreign investors; as various projects are constantly being implemented here. However, there is also an opportunity to buy houses here. It is not necessary to move to the UAE, an apartment or villa can be rented out and receive a very good income. Given the number of tourists in the country, there will always be a demand for rentals.
Advantages of Buying a Property in Tthe UAE
The main factors that make many people buy property in this country are:
- real estate market offers high rental yields, which makes it attractive to investors;
- population is growing rapidly, which creates a high demand for housing;
- well-developed infrastructure, including airports, roads, schools and hospitals;
- economy is stable and attractive for investment;
- there is no real estate tax or inheritance tax in the UAE;
- variety of real estate;
- real estate market continues to grow, which makes it even more attractive for investment.
The real estate market is actively developing. There are many offers for the purchase of economy and premium class apartments and villas. However, it should be understood that housing prices in this country are quite high. The average yield in some cities reaches 15%, which is a high indicator.
Major industrial projects are also underway in the UAE today. There is an opportunity to contact the developer, build your own company and start a business in the country. If you have any questions, contact the manager of the website in any way convenient to you. He is ready to provide full information and legal support at any stage of cooperation.