Dubai Real Estate Investment
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Off-plan properties in Dubai typically start from USD 164,000 for studio apartments, depending on the location and developer. Prices for larger units, such as one-bedroom or two-bedroom apartments, can range from USD 273,000 to USD 410,000 or more. Luxury off-plan properties in prime locations like Downtown Dubai, Palm Jumeirah, or Dubai Marina will command higher prices.
An off-plan property is a property that is sold by a developer before its construction is completed or while it is still under construction. Buyers often benefit from lower prices, flexible payment plans, and the opportunity to earn high returns once the property is completed.
The Dubai Golden Visa is a long-term residency program for eligible individuals. Investors can qualify for a 10-year renewable Golden Visa by purchasing property worth at least USD 544,000. This initiative encourages foreign investment and provides holders with residency benefits like no sponsorship requirement, family inclusion, and ease of travel.
Yes, foreigners can own property in designated freehold areas in Dubai. Freehold ownership gives buyers full ownership rights without time limits. Popular freehold areas include Downtown Dubai, Palm Jumeirah, Dubai Marina, and Dubai Creek Harbour, Dubai Hills Estate, Meydan.
Yes, in addition to the property price, buyers should consider: Dubai Land Department (DLD) Governmental Fees: Typically 4% of the property value. Registration Fees: Around AED 2,000 to AED 4,000 depending on the value of the property. Agent Commission: Usually 2% of the property price for secondary market ( Ready properties ) only, when buying off-plan there is no commission at all! Service Charges: Annual charges for property maintenance, calculated per square foot after handover.