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There are diverse types of properties available for sale in Al Ain. Some are residential villas, apartments, townhouses, and commercial properties such as office spaces, retail stores, and warehouses.
Foreigners can buy property in Al Ain and throughout the UAE in designated freehold areas.
You can consider buying a property in several places in Al Ain. These places include Al Ghadeer, Al Bateen, Al Foah, Al Maqam, Al Jimi, Al Manaseer, Al Jahili, Al Sarooj, and Bida Bin Ammar.
The sale prices for properties in Al Ain constantly change. The price range starts at AED 2,300,000 and goes up to AED 8,200,000 for apartments, villas, penthouses, plots and other commercial properties. Please note that these prices are approximate and can fluctuate based on location, type of property, and market conditions.
Property ownership regulations in the UAE, including Al Ain, allow UAE and non-UAE citizens (foreigners) to buy property in designated areas.
Foreigners can sell property in the United Arab Emirates (UAE) in some Al Ain and other emirates areas. However, even for non-residents, selling property in the UAE needs to follow certain legal steps and demands, such as, in some circumstances, getting a No Objection Certificate (NOC) from the developer or other authorities.
Investing in a property in Al Ain depends on market conditions, location, and individual financial objectives. Al Ain offers multiple luxury properties with top-notch amenities for a comfortable lifestyle. The emirate is expanding, leading to a growing economy. Thus, buying a property in Al Ain is a worthwhile investment, with thorough research and thoughtful evaluation.
Non-citizens can purchase real estate in Al Ain only in designated freehold zones. These areas allow for full ownership of the property. In other parts of the UAE, foreigners can only have a leasehold interest in real estate.
Acquiring a property in Al Ain can entail multiple processes and documentation, which might require significant effort, particularly for non-residents. It typically includes legal, financial, and administrative procedures. Consulting with local experts and professionals can help navigate the process effectively.
There is no property tax in Al Ain. However, certain emirates within the UAE may have already put into effect or are contemplating the implementation of property-related fees and taxes, such as municipal fees or service charges. These fees can differ depending on the emirate and sometimes even the specific areas within the emirate.
Yes, you can get a residency visa after purchasing a property in Al Ain.
No property tax is imposed on foreigners buying property in Al Ain or elsewhere in the United Arab Emirates.
When selling a property in Al Ain, hiring certified experts to conduct the valuation is advised. To determine its market value, these professionals consider various factors, including the property’s location, size, condition, and recent sales in the area.
Yes, you can sell your Al Ain property directly to a buyer without involving a real estate agent or an intermediary.
Yes, various fees are commonly involved when selling property in Al Ain. The fees include transfer charges, real estate agent commissions, and possible mortgage settlement expenses.