WHY IS BUYING REAL ESTATE
IN DUBAI PROFITABLE AND RELIABLE?
The UAE real estate market is strictly regulated by the government protecting the interests of investors and tenants. This is confirmed by the Ejari system — a service for resolving rent disputes.
Based on the 2021 data, over 7.2 million tourists visited Dubai. According to the report by Forwars Keys, this emirate topped the rating of the world's most popular tourist destinations. After the success of Expo 2020, the influx of interested foreigners will continue to grow.
Sustainable economy focused on international business development and widespread adoption of innovative technologies.
Relaxed tax policy, zero tax on income, gifts, inheritance, capital gains, personal income, and unrestricted repatriation of income. No red-tape delays in processing resident visas, opening bank accounts, buying/selling real estate, registering licenses and trade agreements.
High demand for rental real estate — more than 80% of the emirate's residents are expats who do not own real estate.
Dubai is a major international business center. It has 20 free economic zones, with companies from over 140 countries. The high interest in the UAE on the part of international business means a stable payback period for commercial real estate.
WHAT IT MEANS: You can be a sponsor for the members of your family. Your children can study at the best schools and universities in the emirate. You can extend the visa an unlimited number of times, without taking tests or making additional investments. You can take out a bank loan at a rate starting from 2.99%. The UAE residents are exempt from paying personal income tax and social payments.
Foreigners can buy real estate and own 100% legal title.
If you buy real estate priced from AED 750,000 (USD 205,000) in one of the freehold areas, you get a UAE resident visa.