Frequently Asked Questions (FAQ)

 


Why invest in Dubai?

Dubai has close to 200 Nationalities in the city and is the 2nd safest place in the world.In tourist destination it is ranked at 4th most visited place with the best governance.

Its a tax free economy with no taxes on capital appreciation , rental income, inheritance and residential real estate. Dubai has highest returns with favorable mortgage rates and affordable prices.


How safe is my investment?

Dubai has RERA Act that is applicable where builder has to buy 100% of the land and deposit 20% of construction cost in escrow account. There is penalty on delaying a project for more then 12 months.

You can monitor any project in Dubai on the Official Government Website and App https://www.dubailand.gov.ae/English/Pages/Project-Indicator.aspx

How Safe is Dubai?

Its the second safest place in the world with the lowest crime rate.

Can i buy free hold property in Dubai?

Yes, you can buy a free hold property in Dubai.

What is the average rental value?

Rental rates are regulated by Dubai government  and you can expect an average of  7 % return annually.

You can check the Official Rentals on  EJARI CALCULATOR  https://www.dubailand.gov.ae/English/Pages/rental-increase-calculator.aspx

How much is the property tax in Dubai?

There is one time Registration fee of 4 % and there are no other taxes.

Can foreigners get loan in Dubai?

Yes you can get a bank loan to buy property in Dubai you just need to pay 25% as the down payment and you can get loan for 25 years tenor.

What documents do we need to buy property in Dubai?

Salaried Indviduals

  • Latest Salary certificate addressed to Emirates NBD
  • Latest Pay slips (in case of more than 10% variance in Salary)
  • Previous employment proof if less than 3 years
  • Latest 6 Months Bank statement

Self employed

  • Valid Trade License copy
  • Plus MOA (Memorandum of Association) including all amendments
  • Latest 6 Months Bank statement
  • Latest 2 years audited financial

 

Do we get a residence permit for Dubai?

Resident visa upon investment of 1.75 Crore.

What is Off plan Properties?

Off plan properties are the properties under construction.

For any further queries please e-mail us.