QUESTIONS ABOUT PROPERTY IN DUBAI

 

You have questions about buying property in Dubai?

We have the answers! In our extensive FAQ you will find valuable information on all the important aspects of buying property in Dubai. Learn more about the buying process, the legal framework, the best locations and much more. If your specific question is not listed, please do not hesitate to send us a request. Our experienced team is at your disposal to assist you with your property purchase in Dubai.

 

Frequently asked questions and answers (FAQ)

Yes, you can buy both flats and houses in Dubai. The United Arab Emirates has liberalized its property laws to allow foreigners to purchase property in so-called “freehold areas”. Buying a property in these areas gives you full ownership rights, including the right to sell or rent the property. However, this only applies if you are acting as a private person. Companies in general are not allowed to purchase real estate. However, you can invest with a Dubai based company. 

Yes, compared to many other countries, Dubai offers a more attractive environment with higher returns and maximum value added. This is also ensured by stable economic and political conditions. Many of our properties also offer the option of renting through Airbnb, which not only generates additional income, but also gives you the opportunity to use your property yourself for an unforgettable holiday experience.

Prices for apartments in Dubai vary greatly. They depend on factors such as location (proximity to certain locations or attractions), size, year of construction and amenities of the apartment. These go far beyond a bathroom, a bedroom with a bed or a private parking space. Luxury residences in Dubai usually offer a variety of options for community, entertainment and shopping in the immediate vicinity. Features may include access to a gym, private laundry service, lounge area, clubhouse, barbecue area, sun deck, outdoor yoga area, children's playground and even its own private cinema. In general, you can say that you can buy an apartment from about $ 160.000,-. However, for luxury properties in privileged locations, the purchase price can also go into the millions. 

No, renting is not advisable from the point of view of investors. By buying a property, you not only save on rental costs, but also benefit from the increases in value.

Service charges in Dubai are often significantly lower than in many other countries. They vary depending on the location of the property, in particular between hotel complexes with serviced apartments and residential projects with condominiums. In many cases, they even include additional services such as a 24/7 security service, water/pool cleaning or a cinema or fitness centre.

Our service goes beyond the usual offer in the industry. We are available for you around the clock (even on Sundays and public holidays) and see ourselves not only as a real estate agent, but as your personal advisor. As such, we offer you comprehensive investment advice and accompany you through the entire purchase process. We will be happy to explain all tax and legal factors, explain the different developers and assist you in applying for a visa. Our office in Dubai allows us to provide you with the best possible service on site.

For “off-plan” projects in Dubai, the developer offers a one-year warranty on any repairs to your property, as well as a ten-year warranty on the building itself. These guarantees give you additional security and confidence to invest in a quality property.

 

Yes, if you buy an apartment in Dubai, it can be purchased under either the "leasehold" or the "freehold" concept. With the leasehold model, you acquire the right to use the property for a specified term, which is normally 99 years. When the leasehold expires, the contract can usually be extended. With the freehold model, however, you acquire unrestricted ownership of the property. This means that the apartment is 100% yours and you have full control over it. It is important to distinguish between these two models, as they entail different rights and conditions.

Buying an apartment in Dubai offers a number of advantages. Dubai has a strong economy, political stability and a vibrant cultural environment. As an international financial and commercial centre, Dubai offers attractive investment opportunities. The tax-free environment also attracts investors. The property market in Dubai offers potential for value appreciation and attractive rental yields. In addition, buying a flat in Dubai gives you access to a first-class quality of life with modern amenities and stunning architecture. Invest in an apartment in Dubai and benefit from the numerous advantages of this burgeoning metropolis.

 

Finding the right real estate agent in Dubai is crucial to achieving your real estate goals. As an experienced and trustworthy real estate agent in Dubai, we are happy to assist you. We have extensive expertise in the Dubai real estate market and offer tailor-made solutions to meet your needs. With our professional network and expertise, we support you in the search for the best real estate offers, advise you on legal aspects and accompany you through the entire buying process. Do not hesitate to contact us to find the right real estate agent in Dubai and successfully realize your real estate goals.

The Dubai Land Department (DLD) is an important institution in Dubai that is responsible for regulating and monitoring the property market. The DLD is responsible for registering property transactions, maintaining the land register and ensuring compliance with building regulations and quality standards. It plays a crucial role in ensuring transparency, legal certainty and fairness in Dubai's property market. The DLD also acts as a source of information for investors and provides services such as issuing property certificates and conducting valuations. As an experienced real estate agent in Dubai, we are very familiar with the functions and procedures of the DLD and can assist you with all aspects of buying property in Dubai.

The incidental costs when buying a property in Dubai include various fees charged by the Dubai Land Department (DLD). Typical costs include:

  1. Land Acquisition Tax (DLD-fee): This fee is usually 4% of the purchase price and is usually paid by the purchaser. It is used for the registration of ownership and the transfer of land registry entries.
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  3. Fees as part of the processing: Various fees are still incurred for you as the buyer during the processing, such as the "handover fee". However, the costs are usually manageable here.
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  5. Broker's commission: When buying real estate in Dubai, a broker's commission is usually incurred. This commission is usually between 2% and 3% of the purchase price.


It is important to note that these costs are only a general estimate and may vary depending on property type, location and negotiation factors. In general, you can expect additional costs of approx. 6-8% of the purchase price.

Rental yields in Dubai vary by project and location and can offer attractive yields ranging from 6% to 12%. The actual level of rental yield depends on various factors such as the type of property, its location, market demand and the quality of the project. In popular residential areas and in well-established real estate projects, higher rental yields are generally to be expected.

There are some important points to bear in mind when buying a property in Dubai. Pay attention to a reputable developer and a high construction quality to ensure that your investment is solid. The location of the apartment is a decisive factor for the development of value and quality of life. Check the demand in the area to attract potential tenants or buyers. In addition, it is advisable to have an experienced real estate agent as your point of contact, who will support you at every step of the buying process and offer you valuable advice. Find out thoroughly and make an informed decision to make your property purchase in Dubai a success.

Buying an apartment in Dubai requires careful planning and expertise. It is advisable to involve a competent contact such as an experienced real estate agent. A professional broker can help you navigate the buying process, clarify legal issues and find the best deals. Find out about the current real estate offers, check the financing options and make sure you have all the necessary documents and permits. Having a trusted partner at your side will make buying a property in Dubai smoother and more efficient.

Yes, when buying a property in Dubai, the buyer receives a land registry entry. The Dubai Land Department (DLD) is responsible for the registration of property rights and issues an official Title Deed. This certificate serves as proof of your legal ownership of the property and entitles you to all associated rights and obligations. An entry in the land register offers you security and protection against unauthorized claims to the property.

The purchase prices for properties in Dubai can be considered comparatively low compared to other global metropolises. This is due to a number of factors, including the fact that the property market in Dubai is not established for that long. It is important to note that purchase prices in Dubai may vary depending on location, property type and other factors. Thorough market research and the support of an experienced real estate agent can help you find the best buying opportunities.

As your contact person, we are happy to take care of the rental of your apartment in Dubai. We offer professional support and can give you recommendations on reputable rental agencies that can help you find potential tenants. Our extensive experience in the Dubai real estate market allows us to offer you tailor-made solutions for renting your property. Do not hesitate to contact us for further information and to discuss your rental requirements.

As a foreigner you generally have two financing options for buying a property in Dubai. You can either apply for financing from a bank in your home country, often requiring a home in your home country as collateral. An alternative option is to apply for financing in Dubai. However, it is important to note that this is only possible to a limited extent and depends on various factors such as your residency status and creditworthiness. We will be happy to advise you individually on the available financing options and assist you in choosing the best option for your property purchase in Dubai.

Buying a property in Dubai on an off-plan project offers numerous benefits. First, it allows you to purchase a property before it is finished, which potentially means lower prices and more attractive payment plans. Secondly, with an off-plan purchase you have the opportunity to customize and select your apartment according to your individual preferences. In addition, many off-plan projects offer modern facilities, innovative architecture and top-notch amenities. Another advantage is the opportunity to benefit from a potential increase in value, as prices may rise during the construction phase and after completion. As an experienced real estate agent in Dubai, we are happy to assist you in selecting and purchasing an off-plan project to capitalize on these benefits

Rental occupancy in Dubai is generally high. Due to the constant influx of business travellers, expatriates and tourists, there is a high demand for rental flats. Dubai is an important business and tourism hub with a growing population and a flourishing labour market. This leads to a stable rental environment with good chances of finding tenants for your property. However, it is important to note that occupancy rates can vary depending on location, property type and current market trends.

Foreigners of all nationalities can buy an apartment in Dubai. The main requirements are legal registration with the authorities and the availability of sufficient equity. It is advisable to seek advice from a reputable property agency to ensure that the purchase process runs smoothly.

Dubai property prices may rise due to a variety of factors, including continued economic development, rising demand for real estate, major infrastructure projects, the growth of the tourism sector and foreign investment. However, it is important to note that the real estate market is influenced by various factors, including global economic trends and local legislation. It is advisable to conduct a sound market analysis and seek expert opinions in order to better assess future price developments.

The current market situation for real estate in Dubai shows a strong price development and high demand for real estate. It is advisable to speak with an expert to analyse the market more closely.

The Dubai real estate market is characterised by dynamic growth, asserting itself internationally in terms of innovation, infrastructure and luxury. It is an attractive market for investors worldwide.

Dubai property prices are influenced by factors such as supply and demand, economic developments, political stability, interest rates, regional investment and local legislation.

Popular areas for real estate investment in Dubai include Downtown Dubai, Dubai Marina, Palm Jumeirah, Business Bay and Jumeirah Village Circle due to their location and attractiveness.

The quality of construction of properties in Dubai varies considerably. There are construction companies that deliver excellent quality and create top-notch properties, while others may offer only moderate quality. Therefore, it is crucial to have the right contact person with extensive experience in the real estate industry. An experienced contact can help you identify reputable developers and ensure that you are investing in properties that meet the highest quality standards. It is advisable to conduct extensive research and seek professional advice before purchasing to ensure that the quality of your investment meets your expectations.

Tourism has a significant impact on the Dubai real estate market as it increases the demand for holiday properties and investment opportunities in the sector.

The outlook for Dubai’s real estate market is promising as the city is working towards further growth and has already indicated what development it is aiming for with the Dubai 2040 Plan.

Yes, both locals and foreigners can buy property in Dubai. This is possible thanks to the establishment of special "freehold" zones, which allow foreign buyers to own properties in designated areas without restrictions. These freehold areas offer a wide range of housing types, from luxury properties to affordable homes that cater to different needs and budgets.

The best location for buying an apartment in Dubai depends on the individual requirements of the buyer. For investors, city centres or emerging districts with high growth potential are often a good choice. Established neighbourhoods with infrastructure and proximity to workplaces may be suitable for private use. A real estate agent can recommend the suitable location according to the needs of the buyer and enable an informed decision.

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