For Sale

More Details

• 28742 sqft
• 1,2BD
• 1-2

Residential building at District One

AED 50,209,584

Dubai, Mohammed Bin Rashid Al Maktoum City

For Sale

More Details

• 87254 sqft
• Std,1-3BD
• 1-3

Residential building at Damac Hills

AED 100,000,000

Dubai, Damac Hills

Residential Buildings for Sale in Dubai for Business with Investment Returns

The UAE has become an example of incredibly fast development. In just 50 years, the country transformed from small desert villages into one of the largest economic and tourist hubs. This rapid growth attracts investors from around the world, and the investment climate is highly appealing.

Investment opportunities are available to foreigners throughout the country, but the majority of freehold zones can be found in Dubai. Moreover, the city offers the unique opportunity to acquire properties along with the land they are built on. Investors in Dubai commonly focus on the following sectors:

• Agriculture;
• Manufacturing;
• Services;
• Residential and commercial real estate.

Investing in real estate in Dubai is a simple and quick way to multiply your savings. Many choose to buy a residential building for sale, which is ideal for business investments with guaranteed ROI. Such properties can be resold or rented out, generating an annual profit of 5% to 10%, depending on the property's type, location, and size.

The constant increase in property prices drives the high profitability of investing in Dubai's residential real estate. There is also a strong demand for rental housing, both from UAE citizens and expatriates or tourists residing in the country.

What Kind of Real Estate Can Be Purchased as a Residential Investment in Dubai

Dubai is often associated with luxury and wealth, making high-end housing particularly popular. When exploring full buildings for sale in Dubai, you can select from a variety of property types for investment. In Dubai, you can invest in anything from apartments in a building or hotel to entire residential buildings, townhouses shared by multiple owners, or standalone villas. Ownership can be registered to a single person or multiple co-owners.

Real estate prices in Dubai are continuously rising. In 2022, the price of a villa ranged from half a million dollars for modest options in remote areas to tens of millions for more desirable locations. For a building for sale in Dubai, the price of a completed multi-unit residential property starts at around 10 million dollars and can go much higher.

One key feature of purchasing real estate in Dubai is the availability of installment plans from local banks and the option to secure loans for investment. Not everyone qualifies for a loan, and the following criteria must be met:

• Be at least 21 years old but no older than 70 by the time the loan is fully repaid;
• Be able to document financial solvency;
• The loan term must not exceed 15-20 years;
• Expats can borrow up to 90% of the property’s value, while non-residents can borrow up to 70%.

Banks may also impose additional requirements and can refuse a loan if clients do not meet their criteria.

How to Buy a Residential Building for Business in Dubai

When purchasing properties for sale in Dubai direct from owner with a focus on return on investment, it’s especially important to pay attention to every detail. The property should be promising and generate the highest possible profit.

Transactions are handled through the Dubai Land Department. To make a well-informed decision about investing in residential buildings for sale in Dubai, consult our real estate specialists at Al Hayat Almushreqa Real Estate. If you decide to move forward, our brokers will help you select the property that meets all your criteria, handle all necessary documentation, and provide full support throughout the transaction process.