Dubai, Tilal Al Ghaf
Dubai, Golf City
Dubai, Golf City
Dubai, Nad Al Sheba
Dubai, Damac Hills
Dubai, The world Islands
Dubai, Damac Hills
Dubai, The world Islands
Dubai, Al Jadaf
Dubai, Dubai Land
Dubai is a city of luxury and comfort, and many people dream of moving here or at least coming for a vacation. However, Dubai is not just for vacation but also an opportunity for investors worldwide to earn money. UAE legislation allows foreigners to acquire full ownership of residential and commercial real estate, live in it, or rent it out for a profit. A special place in the real estate market is occupied by villas in Dubai, but not everyone can afford luxury housing.
To buy a house in Dubai, the buyer must first decide on the purpose of the purchase. This will help them choose the right area and price range for their potential property. Villas in the UAE are bought for various purposes such as:
for permanent residence with a resident visa for the owner and his family;
for the opportunity to constantly come to rest in your personal mansion;
for renting for profit;
for resale after completion of construction or after a change in the price level in the market.
Regardless of the purpose, buyers need to familiarize themselves with the features of such an investment and prepare for the transaction.
The cost of a house in Dubai varies depending on its location, area, amenities, and more. The cheapest options start at $1 million, while the most luxurious can go up to $25 million or more. Before buying, it is also important to clarify the cost of maintenance and upkeep of the villa. Standard communications in the houses of the UAE are equipped with meters, but the cost of security, maintenance of the pool, sauna, and other pleasant options is also possible in the house. The low price of the mansion itself does not guarantee the cheapness of its maintenance.
The Dubai real estate market is growing rapidly. The demand for housing is constantly growing, which means you need to buy a villa in Dubai for at least the following reasons:
developed infrastructure and modern technologies in the city;
a popular resort makes it possible to earn up to 15% per year by renting a house;
high security and low crime rate in Dubai;
transparent legislation in the real estate industry;
the opportunity for investors and their family members to obtain a resident visa;
almost year-round summer with beaches and palm trees.
A home in Dubai can also become a holiday destination for the whole family, which is profitable throughout the rest of the year. At the same time, the received resident visa does not oblige the investor or his family to live permanently or even temporarily in the acquired property. This is just an opportunity to enjoy almost the same rights as UAE citizens.
As with any real estate, the sale of villas in the UAE does not oblige the buyer and seller to contact agents. However, it is still easier to conduct a transaction with the help of a broker.
Al Hayat Almushreqa real estate will help you choose a house in the UAE according to the parameters of interest, prepare documents and carry out all the necessary preparations. All real estate transactions in Dubai are carried out with the participation of the Land Department. The buying process usually looks like this:
consultation with a real estate agent, discussion of the mandatory parameters for the house;
selection of suitable villas;
conclusion of a sale and purchase agreement containing all the basic information about the transaction and the responsibility of the parties in case of its violation;
obtaining permission from the Land Department;
property registration.
The presence of a legally trained person who will control the correctness and accuracy of the records is important at each document execution stage, and this is the role played by the real estate agent in the transaction.