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Frequently Asked Questions

What property types are available for sale in Dubai?

Two types of properties are available for sale in Dubai: Commercial and Residential. Apartments, villas, penthouses, duplexes, lofts, and townhouses are different residential properties available for sale. Different commercial properties available for sale are offices, co-working spaces, shops, warehouses, factories, lands and plots, etc.

Are there any restrictions for foreigners buying property in Dubai?

No, there are no restrictions for foreigners buying property in Dubai. Foreigners can buy property in designated areas in Dubai with the required documents.

What are the popular areas to buy property in Dubai?

The best areas to buy property in Dubai are Business Bay, Downtown Dubai, Dubai Marina, Jumeirah Village Circle, Palm Jumeirah, International City, Jumeirah Lake Towers, etc.

What is the typical price range for properties in Dubai?

The sale price range for properties in Dubai keeps fluctuating as per the market conditions. However, the price ranges between AED 225,000 to AED 750,000,000, depending on the property type. Please note that these prices are approximate and can change based on location, property type, and market conditions.

Who can buy property in Dubai?

People with citizenship in the UAE can buy properties in full ownership anywhere in the country. In contrast, foreigners can buy property only in specific areas called freehold zones.

Can non-residents sell property in Dubai?

Yes, non-residents or foreigners are allowed to sell property in Dubai.

Is purchasing property in Dubai a worthwhile investment?

Investing in a property in Dubai is profitable as there are many opportunities for investors. This combination of high returns and low risk is unique. Another reason is the country’s economy is extremely stable. Dubai also has a tax-free environment and a refined lifestyle, which makes buying real estate in Dubai worthwhile for investment purposes.

Is it possible for a non-citizen to acquire property in Dubai?

Yes, non-citizens are allowed to acquire property in Dubai. However, foreigners can acquire property only in specific places which fall under freehold zones.

Is the process of purchasing property in Dubai straightforward?

The process of purchasing a property in Dubai is relatively straightforward. Only four legal steps must be followed for buying a property in Dubai. These legal steps include preparing the contract, signing the real estate sale agreement, applying for an NOC, and transferring ownership at the registrar’s office.

How much is the property tax in Dubai?

There is no tax on properties in Dubai because Dubai is a tax-free emirate.

Is a visa granted upon purchasing property in Dubai?

Investing in a property in Dubai allows you to acquire a 10-year resident visa for the UAE.

What is the extent of property tax imposed on foreigners buying property in Dubai?

One of the most prominent features of the UAE’s property tax system, particularly in Dubai, is no property tax is levied.

How is property valuation done for a sale in Dubai?

When selling a property in Dubai, it is best to seek help from real estate professionals for the appraisal. These specialists analyse various factors, including the property’s location, size, condition, and selling cost of other properties in the area, to establish its market worth.

Can I sell my Dubai property directly to a buyer?

No legal or regulatory barriers will prevent you from selling your property directly to a buyer.

Are there taxes or fees when selling property in Dubai?

In Dubai, they charge a fee of 2% of the property’s selling price to the agent as their commission.

Top Real Estate Companies in Dubai

Seeking assistance from property developers in Dubai is essential if you're interested in investing in or purchasing a new property in Dubai. Here is a list of the best real estate companies in Dubai to consult with for all your requirements, from budget and property variations to the top neighbourhoods in Dubai.

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