The Middle East real estate market is booming, nowhere more so than in the UAE, where the market for luxury homes has experienced sustained growth and, more specifically, a significant uptick since the beginning of this year.
With the massive potential for return of investment, buying a property or a house in Dubai comes with a lot of benefits.
We at Deals Connection Real Estate provide the most recent, unbiased market information whether you are buying or selling in Dubai, United Arab Emirates. Our residential property guidance is backed by research-led insights.
Choosing the best property advisor in Dubai
The real estate market in Dubai is considerably distinct from those in other nations. It’s crucial to have a real estate agent in Dubai that you can rely on to lead you through the process.
In the prime and super-prime real estate markets, Deals Connection Real Estate is one of the most reputable estate agencies in Dubai, specializing in homes for sale in the city’s most desirable neighborhoods.
We offer a customized Dubai property buying service, making sure we locate the ideal Dubai property for you based on your real estate needs and assisting you throughout the purchasing process.
PRO TIP :
1) For Luxury Properties, Visit Our Property Page or Simply Contact Us For More Details.
2) For Latest Projects(DAMAC, TRIA BY DEYAAR, OPALZ BY DANUBE ETC.), Visit Home Page.
Why invest in Dubai?
- Compared to many other established real estate markets, the city offers better rental yields. Investors can typically expect to receive gross rental yields of 5–9%.
- Dubai is a cost-effective option to acquire luxury real estate because its property prices per square foot are cheaper than those in many other cities across the world. Check How many square feet can you buy in Dubai for $1 million?
- Investors can now obtain a resident visa under new legislation related to real estate investment, but only under certain restrictions. You could be qualified for a 2-year residency visa if your property is worth more than AED 1 million. You can be eligible for a 5-year resident visa if your property is worth more than AED 5 million. While you can be eligible for a 10-year resident visa for properties valued at more than AED 10 million.
The absence of property taxes and stamp charges, which are imposed in other international real estate markets, as well as the highly favorable tax conditions in particular present the city as a particularly desirable investment environment.
What should you think about before purchasing real estate property in Dubai?
Before you make any decisions, take into account the following aspects, regardless of whether you are purchasing a property for your own use or as an investment:
- Location
- Community facilities and amenities, such as accessibility to transportation, schools, childcare, etc.
- Size
- Quality
- Market circumstances and the time of purchasing
- Costs of upkeep You must either conduct significant study or save time by working with a property advisor in order to get this right because each of them is a challenging component on their own.
Who is Deals Connection Real Estate?
Deals Connection is a real estate company based in the United Arab Emirates city of Dubai, Manages Exclusive Premium Properties For Buying, Selling, Renting & Inhouse Mortgage Services Across The United Arab Emirates. We’re pleased to have earned a reputation as a leading Dubai real estate agency and to play a role in so many happy property purchases.
Real Estate Inquiry Form
Procedures to buy Property
- Real estate transactions in Dubai are simple to complete.
- Buyer and seller reach a deal
- The signing of an MOU and payment of a deposit, typically 10%, are both required.
- The parties gather at the developer’s offices to submit an application for a “NOC” to sell the property.
- Once the developer is satisfied that any sum owed to the developer in the form of service costs has been settled in full, the developer will often issue the NOC in exchange for the payment of a fee.
- The parties can proceed to the Dubai Land Department’s office to formally transfer ownership after the NOC is issued. On the day of transfer, the Dubai Land Department will require that the purchase price be paid in the form of a manager’s cheque payable to the seller. After all the processes are finished, the buyer will receive a new title deed.