April 2024

Guide: How to Check the Status of Dubai Off-Plan Projects

This article provides instructions on how to check Dubai off-plan project status. To begin with, you should either go to DLD website or download Dubai REST application. Open the tab called “services” and type “Inquiry about a real estate project status”. Select “Search for Project” and type project name you are interested in. RERA usually publishes project updates...

Buying an Off-Plan Property in Dubai: What Fees You Need to Pay

Congratulations on your exciting decision to buy an off-plan property in Dubai! Let's now discuss the financial elements, which include additional costs you may incur. The developer will usually ask for two more payments in addition to your down payment:1) DLD Fee: This fee, amounting to 4% of the total property cost, goes towards the Dubai Land Department. 2) Admin Fee: Though this fee might be...

Payment Options for Dubai Off-Plan Properties

Depending on the developer and their own terms and conditions, there are a variety of payment alternatives available for off-plan apartments in Dubai. Widely recognised payment options are:1) Bank transfer: Across the world, this is the standard payment method for real estate transactions. Direct money transfers from the buyer's bank account to the developer's account are possible. 2) Card payment via...

Investing in Dubai Off-Plan Properties: What You Need to Know

Off-plan properties offer several advantages. Some of them include: You get early access to exclusive developments, choice of the best floors and views. Capital appreciation, which peaks by handover. Payment plan from the developer, which can go up to 8 years and even more. No need to deal with banks to proof your funds and employment as well as pay interest rate that can double the price you...

Property Investor Visa Types in Dubai

If you are looking to obtain a residency visa in Dubai, one of the ways to do it is through investment in real estate. There are 3 visa types currently available and we prepared for you an article describing each of them: Property Investor Visa – 2 years Retirement Visa – 5 years Golden Visa – 10 years. All of the visas are renewable as long as you meet the required...

Dubai Retirement Visa

Retirement visa is granted to people 55 years of age and older, and it has a 5-year validity period for individuals who want to live in Dubai after retirement. This Visa may be automatically renewed after the first 5-year period is over, given that the retiree continues to meet the set criteria: Own one or multiple properties with a total value of least 1 million AED Applicant age must be min....

Dubai Property Investor Visa – 2 Years

This type of visa allows you to live, work, study, open a bank account in the UAE for a period of 2 years as well as sponsor your family: Spouse and children can be sponsored for 2 years Parents can be sponsored for 1 year Property investor visa is renewable as long as you adhere to the following requirements: Own one or multiple properties in the UAE worth at least AED 750,000 in...

Dubai Golden Visa

Golden visa allows you to get UAE residence for 10 years without any limit on how long you can be outside the UAE to keep your visa active. You can sponsor your spouse, parents and children for 10 years (boys & girls) as long as the children are not married You can sponsor up to 3 house maids and drivers This visa is renewable as long as you adhere to the following...

Saih Al Salam Scenic Route (Route 1)

"We have the most beautiful city in the world. Our next goal is to make Dubai’s countryside and its prairies the most fun and beautiful" – Sheikh Mohammed… The Saih Al Salam Scenic Route, also known as Route 1, is a 100 kilometer stretch of road open to cars and bicycles. It attempts to expand the amount of events, activities, and services that support tourism in the desert and incorporates...

UBS Global Real Estate Bubble Index 2023

UBS Group AG is a multinational investment bank and financial services company founded and based in Switzerland. Every year it publishes a report called “UBS Global Real Estate Bubble Index” where it analyzes real estate performance in major cities around the world: in which cities property prices and valuations have fallen the most, where (further) corrections are imminent, and where price increases...

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