Invest in Real Estate in the UAE and get a Golden Visa for 10 Years. Earn a Tax-free Rental Income while you don’t use your property. Guaranteed Net Return on Investment.
With an ever-growing population and thousands of foreign workers relocating to Dubai annually to expand their careers in a safe, cosmopolitan, and global trading hub, it is hard to miss why UAE is a haven for real estate investment.
The issuance of foreign property ownership decree in 2002 granted right to people from other countries buy property in UAE, Dubai and Abu Dhabi have gone way forward in Real Estate Development. This attracted many investors from around the world to buy property in the city. Now, there are lots of chances to invest in homes in Dubai. You can buy a house to live in or buy one as a long-term investment.
The UAE is one of the most profitable countries in the world for investment and living. The United Arab Emirates is a country with a stable economy and a high level of security. The state is among the TOP most popular countries among real estate investors from all over the world. According to the report of the Emirates Real Estate portal, the number of requests from foreign investors for the purchase of housing in the UAE increased by almost 20% in 2021, compared to 2020
Invest in Real Estate in the UAE and get a Golden Visa for 10 Years.
Abu Dhabi, compared to the “expat city” of Dubai, is a relatively new direction in the global real estate market. Foreigners received the right to acquire full ownership of housing here only in 2019. After that, the popularity of the UAE capital among foreign investors began to increase
Expats constitute about 90% of Dubai’s population. Dubai attracts people from all around the world with flexible and transparent legislation, intensive growth of the real estate market, high income prospects and expanded opportunities for obtaining a residency visa
At the same time, the UAE is included in the list of the safest countries in the world: in 2021, according to Global Finance magazine, they took second place out of 134, second only to Iceland. The analysis also took into account measures to combat the COVID-19 pandemic: this summer, Bloomberg awarded the Emirates the status of the most vaccinated country in the world
Earn a Tax-free Rental Income while you don’t use your property. Guaranteed Net Return on Investment.
UAE offers a combination of factors that make it an ideal location for real estate investment. With its tax-free environment, booming economy, strong tourism industry, competitive prices, and world-class developers, it provides a safe, stable, and lucrative investment opportunity for both local and foreign investors. Additionally, the strong rental market and high return on investment further add to the appeal of investing in the UAE’s real estate.
As one of the most dynamic and rapidly growing cities in the world, both Dubai and Abu Dhabi poised for even more significant growth in the coming years. Whether you are a seasoned real estate investor or new to the market, this region offers endless possibilities and opportunities to create wealth and secure a better future. By investing in the real estate in Abu Dhabi or Dubai, you can join the many successful investors who have already taken advantage of the region’s robust property market and experience the benefits of owning property in one of the world’s most sought-after destinations. Here are some of the facts that you should consider to invest in the real estate in Abu Dhabi or Dubai.Browse our partner-sponsored Glasses, with a variety of options to suit every taste and budget, available to buy online
The absence of taxes in UAE is a significant attraction for real estate investors. It appeals to both affluent individuals and companies seeking to optimize their profits without concern for the burden of high tax expenses. UAE’s tax-free status has transformed it into a haven for wealthy investors worldwide who are seeking secure and lucrative investment opportunities. With no income taxes, property taxes, or capital gains taxes, UAE offers a unique opportunity for investors to grow their wealth with minimal tax liability.
The UAE’s economy is showing rapid growth post-pandemic, thanks to its advantageous location and pro-business policies. As a result, the emirate has become a hub for trade and commerce, attracting entrepreneurs and businesses from all corners of the globe. This has led to an increased demand for real estate in tandem with the economy’s expansion, driving the exponential growth of the construction and sale of both commercial and luxury residential properties.
UAE is known for its safety and stability, making it an attractive destination for real estate investment. The country has a low crime rate and a secure environment, providing a safe haven for investors. The government has implemented several measures to ensure the safety and security of residents and visitors, including CCTV surveillance, a dedicated police force, and strict regulations.
The UAE’s stable political climate is also a significant factor that contributes to its safety and security. The emirate has a well-established legal system that protects the rights of investors, ensuring that their investments are secure.
The UAE’s tourism industry has been on the rise for the past few years, with the emirate attracting millions of visitors each year. The tourism industry continues to grow, with UAE hosting several international events and conferences. The high number of tourists visiting the UAE creates a high demand for short-term rental properties, including hotels, serviced apartments, and holiday homes. This presents an excellent investment opportunity for real estate investors looking to capitalize on the thriving tourism industry.
The UAE’s real estate market offers a lucrative rental segment, making it an ideal investment destination. The rising population and influx of expatriates create a strong demand for rental properties, including apartments, villas, and commercial spaces.
Investors find Dubai and Abu Dhabi’s rental market attractive due to its high rental yields, among the highest in the world. According to the reliable survey reports, the average rental yield for apartments in Dubai ranges from 6% to 8%, guaranteeing a steady stream of rental income for real estate investors.
The growing population and expat community ensure a consistent demand for rental properties. In addition, the thriving tourism industry contributes to the high demand for short-term rental properties like holiday homes and serviced apartments.
The UAE’s real estate market offers competitive prices, making it an attractive destination for investors looking for affordable investment opportunities. Compared to other major cities around the world, such as London, New York, and Hong Kong, Dubai’s real estate prices are relatively low.
According to a report by Knight Frank, the average price per square foot for prime residential properties in Dubai is around $620, compared to $2,000 in London and $1,900 in New York. This means that investors can acquire prime real estate in Dubai at a fraction of the cost of other major cities.
Furthermore, UAE’s real estate market offers a wide range of investment options at different price points, from affordable studio apartments to luxury villas and commercial properties. Coupled with the availability of flexible payment options, this provides investors with a variety of options to choose from, depending on their budget and investment goals.
The UAE’s real estate market has a proven track record of providing a profitable investment opportunity for those seeking a stable return on investment. The steady increase in property prices over the years is a clear indication of the market’s strength. According to statistics from the Dubai Land Department, real estate in Dubai offers an average yearly return on investment of 5% to 8.4%, a competitive rate compared to major global cities like London, New York, and Singapore. This presents a promising opportunity for investors to earn a stable and high return on their investment.
As the city’s population continues to grow, the demand for real estate also increases, resulting in rising property prices. Additionally, the Dubai government has introduced several initiatives to attract foreign investment into the real estate market, such as the UAE Golden Visa program, which provides long-term residency visas for property investors. These initiatives have contributed to the market’s growth, resulting in a higher return on investment for investors.
The UAE’s real estate market is known for having world-class developers that are responsible for creating some of the most iconic and luxurious properties in the world. These developers are known for their innovative designs, high-quality construction, and attention to detail, which makes them highly sought after by investors and homebuyers alike.
These UAE real estate developers have a proven track record of delivering successful real estate projects that offer high returns on investment. Their expertise and experience enable them to create properties that meet the needs and demands of both local and international investors, ensuring that their investments are safe and profitable. Additionally, these developers are committed to sustainability, which means that their projects are designed to be environmentally friendly and energy-efficient, making them attractive to investors who value sustainability.
UAE is known for its safety and stability, making it an attractive destination for real estate investment. The country has a low crime rate and a secure environment, providing a safe haven for investors.
Real estate investment in Dubai is governed by a set of real estate laws and regulations aimed at protecting real estate investors’ interests.
The Dubai Land Department (DLD) handles all matters related to the registration of sales and purchases of land, in addition to approving, organizing, and documenting transactions concerning registered land and real estate in Dubai.
Today, the DLD offers more than 26 main services and 216 sub-services to customers in the real estate sector, including land and title registration, registration and licensing of real estate professionals, and developing a regulatory framework to attract and effectively manage investments in the real estate sector, while disseminating awareness and knowledge on applicable legislation.
Furthermore, the DLD compiles and publishes, on its website, information about real estate purchase and sale transactions on a weekly and monthly basis to allow investors to keep track of current real estate prices in Dubai.
Aiming to provide an investment-friendly environment based on international best practices that safeguard the interests of all stakeholders in the real estate market, the Real Estate Regulatory Agency (commonly known as “RERA”) was established in 2007 to put legal frameworks and mechanisms in place and regulate the activities of real estate development and brokerage companies and owners associations.
RERA monitors all development projects on a financial and technical level to protect the broader interests of the market and investors alike. RERA also plays an active role in monitoring the compliance of developers, brokers, and other licensed real estate professionals with applicable laws and regulations and imposing penalties for violations, including cancellation of stalled projects.
The Real Estate Investment Management and Promotion Center is the investment arm of the DLD, responsible for supporting local and foreign real estate investment companies and developing a regulatory environment for real estate investment while enhancing market activity through the promotion of direct and long-term investments.
It also plays an active role in promoting a stable and secure environment while contributing to creating a green economy to achieve sustainable development.
Investors in residential properties in Dubai gain a shortcut for legal residency in the city, according to investment-friendly visa programs applicable to individuals who opt to invest in a residential property worth AED 1 million or above, with a maximum of 50% of the property value is under mortgage.
Investors in a jointly owned property are eligible to apply if each individual’s share is worth at least AED 1 million.
The investment must be in a single residential property and not in commercial properties. Additionally, the visa applies to freehold residential properties only. It is not possible to apply for this visa with an off-plan property.
The visa length varies between three to five years and can be maintained for as long as the investor owns property in the country.
The three-year visa is available to individuals who have purchased a property of AED 1 million or more. In contrast, the five-year visa requires ownership of property worth at least AED 5 million.
Buying-to-let is a lucrative investment as rentals remain the popular choices for buyers looking to make a steady investment with attractive property prices and payment plans, and more. Investors looking at buy-to-let properties in Dubai can expect an ROI of 5% – 6% for ready properties.
Investors can also benefit from the high demand for short-term rental and tapping into the big tourist turnover in the city by investing in an apartment or villa and placing it on short-term rent, an increasingly popular choice for tourists looking for a “homely” and authentic travel experience.
Rent-to-own is an arrangement between a developer and buyer that allows a buyer to pay rent and save for a down payment simultaneously. The scheme is getting popular since DLD launched the rent-to-own service, a specific title deed register to provide a clear legal framework to facilitate such transactions.
For buyers, this arrangement removes the pressure of a minimum 25% down-payment and helps them enter the property market faster.As a mutually beneficial agreement, developers also gain access to a broader pool of buyers, who may not have the large down-payment.
The real estate sector is no exception to Dubai’s taxation system, which is known for its low tax rate levied on real estate investments. In Dubai, real estate investors gain maximum profit without buying property tax or stamp duties.
Whether near the beach, in the middle of the city, or secluded in the calm desert, location remains an essential investment element in Dubai’s real estate that can largely influence the ROI.
Other factors to consider when considering the market include facilities and proximity to transport and school, size, quality, maintenance costs, interest rates, and market conditions at the time of purchase.
On top of being a global trade hub and one of the world’s major financial centers, Dubai is home to over 200 nationalities with expats and immigrant workers making up more than 80% of the city’s population, making Dubai one truly melting pot where everyone feels welcome to make the city their second home.
Your investment is safe in Dubai; the city is one of the safest and most tolerant cities globally, with happy communities thriving in a calm civic environment. The global trust in Dubai as a city, market, and economy is one of the key factors that make the city the perfect place to start and grow your business.
Al Zaeem Real Estate is dedicated to delivering our clients a wide array of services in terms of sales, rentals, property management, consulting services, mortgage brokerage and more. It is an accredited agency across the UAE. Al Zaeem is a Real Estate that You Can Trust!
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