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Здесь Вы можете ознакомиться с последним ежеквартальным каталогом недвижимости Дубая, Москвы и Санкт-Петербурга.
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29.04.2024 / Corporate News and Articles Teams
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Frequently Asked Questions
Can non-residents purchase real estate in Dubai?
Citizens of other countries have the right to buy real estate in Dubai, although they are limited to areas designated as "Freehold". This privilege allows you to acquire property rights in these freehold zones with the granting of property rights both to own without restrictions and to lease for up to 99 years. The Dubai Department of Land Resources (DED) issues title deeds, and there are no age restrictions for property in the emirate itself. Popular freehold zones include areas such as Downtown Dubai, Business Bay, Dubai Harbor, Damac Hills, Palm Jumeirah Island and others.
What is the minimum amount in dirhams for investing in real estate in Dubai, for obtaining a residence permit?
To obtain a residence permit through investments in residential real estate in Dubai, the minimum purchase amount must be at least 750,000 dirhams or $205,000.
How long does the transaction take?
The completion of a typical real estate transaction in Dubai takes about a month, starting with the signing of a sale agreement between the buyer and the seller.
Is it possible to pay for real estate in rubles while in Russia?
Yes, our company provides such an opportunity.
Do I need to pay VAT for real estate in the UAE?
While 5% VAT applies to sales of commercial real estate throughout the UAE, it does not apply to the sale or rental of residential real estate and rental of commercial real estate.
What is an Off-plan?
Real estate under construction (off-plan) in Dubai refers to properties under construction and is the preferred option for both end users and investors. It offers a lower price compared to ready-to-move facilities, which allows for potential resale before completion of construction and obtaining a higher growth value. Developers often require an advance payment of 5-10%, providing full ownership and offering flexible payment plans.
How to sell real estate in Dubai?
The sale of real estate in Dubai is possible with the help of a qualified real estate agency. The process involves signing a ‘FORM A’ to commission brokerage and marketing activities, which leads to online and offline sales announcements. After finding a buyer, a "FORM F" Agreement of Intent is signed, and a NOC letter from the developer is received. The last stage involves the transfer of ownership and requires the provision of an Agreement of Intent, a NOC, a copy of the title document, a seller's receipt, a 4% DED fee and a copy of the passport.
Is it possible to rent out your property?
Yes, you can rent out your property in Dubai. Rental income depends on the type of property, its location and the amount of utility bills. The average net income, taking into account utility bills, ranges from 5% to 10% annually, while more expensive properties may attract a lower percentage of rental income.
Why is it worth investing in Dubai real estate?
Dubai's real estate market offers higher rental yields (from 5% to 9%) compared to many mature markets. The availability of luxury real estate, combined with the absence of a property tax, makes Dubai an attractive market. Initiatives such as lowering the minimum required amount for obtaining a residence visa in September 2021 further increase its attractiveness.
In addition, the minimum investment qualifies as an approval factor for an investor visa, and the amount of 2,000,000 dirhams (545,000 USD) qualifies for a Golden UAE Visa.
In addition, the minimum investment qualifies as an approval factor for an investor visa, and the amount of 2,000,000 dirhams (545,000 USD) qualifies for a Golden UAE Visa.
What percentage is usually the initial payment when buying an object?
Usually the initial payment is from 10% to 20% of the value of the property.
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