العربية
Buying a property in Dubai carries a lot of positives.
due to the features and motivations.
By the world-leading city of Dubai at all levels.
The importance of buying a property in Dubai:
- The UAE city of Dubai is one of the most important.
- real estate cities in the world.
- Dubai enjoys a luxurious life due to the lifestyle that its residents.
- both locals and foreigners, live.
- Dubai ranks among the best cities in the world in terms.
- of economic, lifestyle and living standards.
- Various Arab and foreign nationalities live in Dubai.
- It has modern and advanced infrastructure.
- Dubai government laws that equate Emiratis and.
- foreigners in rights and meals.
- To attract pioneers, businessmen and investors.
- which led to an economic and urban renaissance.
- that Dubai has been experiencing for more than 3 decades.
- The dazzling designs of Dubai real estate imitate.
- and surpass international designs.
- Clear build quality, impressive finishes.
- and views of the Arabian Gulf.
- The high and continuing demand for purchasing.
- real estate in Dubai has increased the values of.
- its investment
Buying a property in Dubai
Advantages of buying a property in Dubai:
Buying a property in Dubai offers many advantages, including:
1-Profitable investment:
- Dubai real estate is lively.
- In terms of ease of trading, buying and selling.
- Which means that Dubai Real Estate Index.
- is active and attractive.
- This generates profitable and excellent investment returns.
- In the short, medium and long term.
2-Modern and advanced infrastructure:
- Successive Dubai governments began.
- a remarkable urban renaissance.
- In conjunction with the announcement of.
- the founding of the UAE in 1971.
- Then move on from simple, traditional buildings.
- To towers and skyscrapers with international designs.
- In addition to opening new paved roads back and forth for cars.
- Civilized urban planning enhances the importance of the city.
- Thousands of engineers from various.
- foreign nationalities participated.
- In engineering, preparing and developing.
- the infrastructure of the city of Dubai.
- Dubai’s infrastructure will become one of the best in the world.
- This matter in particular constitutes a strong investment incentive.
3- The renaissance of the UAE real estate market:
- Among the urban development plans have been.
- sought and seeking by Dubai governments.
- It is the growth of the UAE real estate market and making.
- it one of the most important markets in the world.
- This matter has become clearly visible in recent years.
- Construction licenses increased in Dubai.
- and with it the number of Emirati and international.
- construction companies increased.
- Government support led to a comprehensive.
- urban renaissance at all levels.
4-Allocating freehold areas in Dubai:
- The Dubai government has allocated designated.
- areas for foreigners to own Dubai real estate.
- The most prominent of these areas are Dubai Marina.
- and Jumeirah, which are the most prominent in terms of tourism.
- In addition to Dubai Sports City.
- Arabian Ranches, Sheikh Zayed Road and others.
5- Granting real estate visas:
- Among the types of visas offered by the UAE.
- A visa to purchase real estate in Dubai.
- This visa represents an important opportunity.
- for those wishing to obtain long-term residency.
- The duration of the visa ranges from 3 to 10 years.
6-Population growth:
- With the increasing numbers of local and foreign residents.
- Those who chose Dubai as a place to live.
- housing and work.
- Housing applications have increased significantly.
- Therefore, there is a constant need to provide housing.
- Through sale or rental.
7-Tax exemption:
- What is remarkable about the UAE laws.
- It does not impose any tax on residential properties.
- Which makes buying a property in Dubai an.
- attractive and ideal idea for investors.
- As well as those looking for a property to live in.
8-High security level:
- Dubai government is constantly working to.
- make it one of the safest cities in the world.
- This matter specifically contributes to increasing.
- the demand for real estate ownership there.
- In addition to the residential complexes in Dubai.
- which in turn provide special security protection.
9-economic stability:
- Economic renaissance in Dubai Continuous for decades.
- Despite the global economic crises in recent years.
- However, Dubai, thanks to its capabilities.
- the flexibility of its laws, and the multiplicity of activities there.
- Its economy is stable and growing in the medium.
- and long term.
Buying a property in Dubai
Disadvantages of buying a property in Dubai:
- As the Golden Investment Group accustoms.
- you to always credibility and transparency.
- We present to you some negatives that you must.
- be careful of when buying a property in Dubai:
1-Hidden costs:
- Buying a property in Dubai does not stop when you pay for it.
- There are additional costs that must be taken into account.
- From taxes and fees such as those paid to.
- the Dubai Land Department.
- In addition to insurance, real estate brokerage, and other fees.
2-Mortgage:
- Dubai real estate developers offer flexible payment.
- plans that have many advantages.
- However, it exposes the buyer to financial challenges.
- Therefore, the client must take into account interest rates.
- and mortgage costs.
3-Finance:
- Dubai real estate prices are somewhat high .
- Which may constitute a financial burden on the buyer.
- Especially for those with low budgets.
- Therefore, work must be done to provide appropriate financing.
- In proportion to the total costs of purchasing the property .
Buying a property in Dubai
4-Real estate market fluctuations:
- Like other real estate markets in the world.
- Dubai real estate market may be subject to fluctuations.
- In terms of the possibility of a recession.
- Therefore, you must know the best time to buy or sell.
- To ensure that there are no investment losses.
5-The theory of supply and demand:
- In the law of trade, the greater the supply.
- the lower the demand, the lower the price
- The greater the demand before the supply, the higher the price.
- This theory also applies to the real estate market.
- This is one of the negatives that must be.
- clearly presented to the investor.
6-Delayed delivery of real estate:
- This negativity is special Only for off-plan Emirati property buyers. .
- Where possible Construction companies are.
- exposed to financial crises.
- It leads to a delay in handing over properties.
- under construction to their owners.
- Because construction work was delayed.
- or stopped for some reason.
- Thus delaying the delivery of real estate on.
- the date agreed upon in the purchase contract.
- This point should not raise much concern from investors.
- Because strong construction companies rarely experience this.
- If it actually happened, the purchase contract.
- is a legal document that can be submitted to the UAE judiciary.
- Who is fair to the investor and returns to him.
- all his payments from the construction company.
