Property Catalog

Having made the decision to buy property in Dubai, a person faces a number of questions:

• What is the market price across different segments?
• What do you need to prepare to purchase real estate?
• What are the features of buying a home in the UAE?
• How is the transaction conducted?
• Where should you look for suitable options?
• And much more.

Some people prefer to do everything on their own, but it is much easier in such matters to trust a professional agent for the selection and purchase of real estate in Dubai.

At the same time, a real estate catalog in the UAE helps you navigate the price range for the property type of interest, and also helps the client and the broker form a picture of the ideal property to be found.

What should you know before buying property in the UAE?

Real estate in the UAE can be bought by both citizens and investors from other countries. The purchase process is clearly regulated by law and protects the buyer as much as possible from unforeseen circumstances.

Since 2006, foreigners who purchase property in the UAE have enjoyed broad ownership rights in designated areas, similar in practice to those of citizens. They have the opportunity not only to own housing but also to rent it out and earn income. This has taken the real estate market to a new level, as investment in a consistently profitable sector naturally attracts a large number of investors from around the world.

Before buying a home in Dubai, you should familiarize yourself with the main nuances of everyday life in the country. The hot climate and certain local laws should not come as a surprise to the buyer. At the same time, Dubai has so many positive qualities that for most, the cons fade into the background. Air-conditioned bus and tram stops and public transport make it much easier to endure the extreme heat of the summer months, and licensed venues for tourists allow for more relaxed rules.

Property in Dubai: prices and areas for living

The rapidly developing city offers a highly diverse real estate market. Prices depend both on the condition and size of the home and on the area where the property is located. The most popular districts are Dubai Marina, Downtown Dubai, and Palm Jumeirah. Modern construction technologies are widely used here, the infrastructure is well developed, and the views from the windows are truly exceptional.

Despite high demand and many advantages, prices for Dubai real estate are often comparable to, and sometimes even lower than, those in major European cities. Thus, the average price per square meter of housing in a new building in Dubai in October 2022 was $5,630. The cost of real estate depends significantly on the district and housing type; for example, in Dubai Marina a square meter already averages about $11,263.

The Dubai market provides a wide range of properties across different tiers. Small units and studio apartments are widespread. Villas and penthouses with large floor areas and extensive amenities also frequently appear on the market. Commercial real estate is slightly less popular among investors, largely because it is possible to earn solid returns by simply renting out residential property in the UAE.

In total, real estate in the city of Dubai will cost from about $100,000 for the most modest apartments to around $4.5 million for a luxurious villa. To explore prices in more detail, you can use the Dubai real estate catalog from Al Hayat Almushreqa Real Estate, setting the search parameters that interest you