Real Estate Dubai

Real Estate Dubai foreign ownership is permitted in areas designated as freehold. Foreigners (who don’t live in the UAE) and expatriate residents may also buy.

Is it worth buying property in Dubai?

Why invest in Dubai? The city offers higher rental yields than many other mature real estate markets. On average, investors can achieve gross rental yields of between 5-9%. Property prices per square foot are lower than many other cities globally, making Dubai an affordable location to own prime real estate.

Will property prices fall in Dubai?

Dubai property market will ‘bottom out’, with in some areas continuing to decline. Prices of residential and office spaces in the city are expected to ‘somewhere bottom out in 2022’

Is it expensive to live in Dubai?

In fact, Dubai ranked #21 in the Cost of Living index in 2019 — making it much cheaper than cities like Hong Kong, London, New York and Singapore, which have significant expat populations.

Can I get permanent residency in Dubai?

Purchasing real estate: If you buy a residential property in Dubai or any other Emirate worth at least one million Dirhams, you can obtain a UAE residence visa valid for two years. … As a family member of a UAE resident or national: You can also gain residency in the UAE through this pathway.

Why are houses so cheap in Dubai?

A combination of poor economic data, property market reform and oversupply saw prices in Dubai fall to almost 30 per cent below their 2014 peak at the beginning of this year.