Why should l buy a property in Dubai?

This is one of the question am often asked by most of my client and potential clients

1.Property Ownership

in Dubai you can own a property in areas designated as freehold.

when you buy a property you get the title deed in your name and there is no age limit of buying a property in Dubai.

You can buy a property in Dubai whether you are in Dubai or not.

2.Tax Free Status

-0% property tax

-0% tax on rental returns

-0% tax on capital gains

3.Resident Visa

If you buy a property for over $365,000 /Aed 1,000,000 in Dubai you get an investors visa.Though there are different types of visas depending on the size of the investment.

4.Mortgage Loan

Oooh yes you can get a mortgage loan in Dubai even if you are not a resident of Dubai

-you can easily get 50% to 70% bank loan with lowest interest rates.

5.Rental Returns

When you buy a property in Dubai expect to yield around 7% to 12% return on investment ,depending on the area you have bought.

6.Security of Investment

If you are buying an offplan property you will need to deposit the the purchasing price in the dedicated escrow account .

-The advantage of using or depositing money in the escrow account is you will be protected in the real estate transaction.

-There is a substantial security for one’s funds or asserts in escrow account