What you need to know before buying an investment property in Dubai.
Dubai real estate offers some of the most attractive rental yields in the world. If you’re considering an investment property read on for all you need to know about investing in Dubai.
BUY . BUY IN DUBAI . DUBAI PROPERTY FOR INVESTMENT
Investing in property is a great way to build wealth and generate income. However, all investments carry risk and there are many factors to consider before investing in Dubai’s real estate market to ensure you yield the highest possible returns.
Reason to invest in Dubai?
The city offers Higher Rental Yields than many other real estate markets. On average, investors can achieve gross rental yields of between 8% to 15%.
Property prices per square foot are lower than many other cities globally, making Dubai an affordable location to own Prime Real Estate. Check How Many Square Feet Can $200 Million Get You in Dubai?
New visa laws linked to property investment enable investors to gain a residence visa subject to certain conditions. For properties valued above AED 750k , you may be entitled to a 2-years residency visa. For properties valued above AED 1 million, you may be entitled to a 5-years residency visa. While for properties valued at above AED 2 million, you may be entitled to a 10-years residency which is also called Golden visa.
Highly favourable tax conditions in particular, the absence of property taxes and stamp duties, that are applicable in other global real estate markets, also paints the city as a highly attractive investment environment.
