Can Anyone Buy a Dubai Property?
Everyone can buy Dubai Property, the property market in Dubai has been experiencing massive growth since freehold ownership was brought to the city of Dubai for the first time in any Gulf country. This means that now key properties in Dubai are available to all with 100% freehold ownership.
What is the weather like in Dubai?
The UAE has sub-tropical where rain is infrequent. The months of November to April see lower temperatures with eight hours of sunshine a day on average with temperatures in the very pleasant range of 20C - 28C. Temperatures rise up to 42C in July with almost no rain during the summer months.
Do I need a Bank Account in Dubai?
Having a bank account is not required to buy property in Dubai, therefore there is no need to open a bank account.
Do I Get Residency When I Buy Dubai Property?
Yes. All owners of property in Dubai (including immediate family) are eligible for permanent residency.
Does Dubai Have Any Tax?
There is tax in Dubai but only for petroleum companies and banks. So the good news is you won't have any tax to pay on your Dubai property or on anything else.
What Do I Pay Today to Buy Property in Dubai?
A reservation fee to lock in the price and secure the property (usually L1,500 pounds sterling), followed by a 10% deposit on signing the reservation order within 7 days(less the fee already paid), with an additional 10%-15% (depending on the development) 30 days later. The balance is paid in further instalments based on key stages in the progress of construction. For full details on instalment payments and to secure your property in Dubai contact us.
Can I Get a Dubai Mortgage?
A number of banks in Dubai offer mortgage financing to our clients. These include ADCB, UNB and Mashreq. Up to 90% mortgages are available up to 20 years subject to status, terms & conditions, and eligibility. Mortgages for non residents of Dubai are also available. For further details please contact us.
THINK ABOUT IT
Property in Dubai
can be yours!