Investors, home owners can receive UAE residency visas valid for up to 10 years.
The existing property visa is a two-year renewable property investor visa issued by the Dubai Land Department.
There is no VAT charged on the rent for residential accommodation. However, it is possible that other services are subject to VAT and is either included in the rental agreement. This includes utilities or cooling fees and parking space fees.
Yes, any person of any nationality, whether they are a resident of Dubai or based abroad, can purchase property in Dubai’s freehold market. You are not required to hold any type of residency or similar permit in order to purchase property.
Yes, the laws in Dubai permit residents and international investors to purchase property in Dubai’s market.
“Off-plan” investment concerns real estate projects currently under development. Benefits may include flexible payment plans and discounts on the purchase price.
Apart from the notary fees (4% DLD) at the time of purchase, you will not pay any taxes afterwards:
No property tax
No tax on rental income
No capital gains tax
No inheritance tax
No housing tax if you occupy a property that belongs to you
For a year-round rental of a property, rental management fees amount to +- 5% of the annual rent.
These costs are the responsibility of the tenant and the owner does not have to pay anything.
In the context of a short-term rental such as Airbnb, the fees are +- 15%-20% of the rent collected.
These costs cover cleaning, management of tenants, entry and exit, etc.
Yes, investing in property in Dubai can be advantageous, offering potential for returns, tax benefits, and the Golden Visa program.
This service is offered to Customers who wish to resell their purchased property before making 100% payment towards the property purchased.
The resell transaction is subject to the completion of payment of minimum 40% of the purchase price along with the completion of the Pre-Title Deed Registration Process at the Dubai Land Department.
Communication is sent to all investors informing them of the achieved construction milestone as and when it is achieved. You can also write to us for further information.
These include registration fees, government taxes, notary fees, co-ownership charges, and maintenance costs.
Prime areas like Dubai Marina and Downtown Dubai often offer high ROI due to their desirability and amenities.
Dubai has experienced solid economic growth for many years, resulting in a vibrant and expanding real estate market. Investments in real estate can generate attractive returns in the long term.
Single expats and young couples mainly look for studio or one-bedroom apartments.
Waiters, salespeople in luxury boutiques, employees in intermediate positions in a service company, teachers, students, and young entrepreneurs are potential tenants.
Expat families in Dubai prefer to live in villas or townhouses, often located in gated and secure communities.
For villas and exceptional properties, rents are generally paid in one or two installments because the tenants often have greater financial means.
The profitability of an investment property in Dubai varies, but rental properties, commercial real estate, and well-located residential properties are often lucrative options.
For beginners, residential real estate, such as single-family homes or apartments, is typically considered the easiest type to invest in due to its steady demand.
You can pay in Dollars, Euros, Dirhams & even with Cryptocurrencies such as Bitcoin
Yes, most of our deals are made this way
Airbnb rentals are booming in Dubai as hotels are often overbooked and rates have increased. Renting short-term has therefore become very profitable for investors.
Yes, one of the advantages of short-term rental is that you can use your accommodation for personal stays while renting it the rest of the year.
Dubai is considered one of the safest cities in the world thanks to robust surveillance and police-patrolled streets.
A well-appointed apartment or house to greatly increase your chances of maximizing your rental income and spreading recomandations.
An interior designer can help you optimize the style of your apartment or villa.
There are also furniture rental services according to a budget and a duration defined in a contract.
© 2024 Dubai Premium Invest