How can you finance a property purchase in Dubai besides a one-time payment – plans from the developer, mortgage lending, and the Rent-to-own scheme?
Today, as we look at Dubai, which is a global financial and cultural hub, it is hard to imagine that only 50 years ago it was an unnoticed fishing village. Today, Dubai attracts tourists from around the world and it is home to the richest people on the planet. But how did this small village become a luxurious metropolis? And why is Dubai’s success unrelated to oil?
Since the beginning of 2022, real estate prices in the UAE mega-cities doubled, and demand exceeded supply. In the UAE, federal and regional taxes may differ and it depends on the emirate. The choice between the free zone and the rest of the territory depends on nationality, the company’s physical presence in the UAE, profit margins, the presence of exports, and its nature.
The UAE is one of the most popular regions where foreign entrepreneurs transport business. Companies here feel comfortable.
The state creates comfortable conditions for entrepreneurs: low taxes, support for the business community, and the legalization of cryptocurrency. The UAE easily accepts emigrants: according to UN data for 2023, about 88% of the population…
In this article, we will talk about people who live and work in the United Arab Emirates. About those with whom you will definitely have to talk on vacation because it is they who stand behind the reception desk in hotels, go to tourist buses and taxis, and conduct tours.
Dubai is a modern and attractive metropolis that appeals to both business and leisure travelers. It is located on the Arabian Peninsula. Only 15% of the population are local residents, the rest are labor migrants. We tell you where it is better to live in Dubai and which areas in 2023 will be the most attractive for people who have arrived in the city for a long time.
Foreigners in the UAE often decide to buy property in Dubai. This is a great way to invest, as a house or apartment can be rented out, and given the constant increase in real estate prices, the property can be sold later. Real estate in the UAE is expensive, and most investors are trying to solve the financial problem through mortgage lending.
Renting an elite villa in Dubai can cost $50,000 per day, while purchasing can cost more than $100 million. Let’s try to analyze the situation with prices in the UAE.
The United Arab Emirates and Dubai are very safe countries. As a tourist in Dubai, you don’t have to worry about being mugged or not. Even when night falls in Dubai, crime does not increase. Here you can also stroll at night at the Dubai Marina without anything happening. Even women alone can holiday in Dubai and you will not be harassed or maybe stared at. However, women should not dress too revealingly. Safety is very important to many holidaymakers and is a decisive criterion for choosing a country. Especially when traveling to Arab countries, many people are critical.
The Abu Dhabi Mall is one of the largest and first shopping malls in Abu Dhabi. It was opened in 2001. Visitors can choose from a total of 220 shops on 220,000 square meters of retail space. The large food court with 40 different restaurants is also very interesting. For the children, there is a small park where they can play, a large cinema and even a bowling center. The Abu Dhabi Mall is located near the well-known five-star hotel Beach Rotana Hotel & Towers.
Sharjah International Airport (SHJ) is a progressive international airport in the United Arab Emirates and has been in operation since 1977, but its history dates back to 1932 as a major stopover for British Airways.
Ukrainian volunteer musicians raise funds for victims in Ukraine. On February 24, 2022, the active phase of russia’s military aggression against the independent sovereign state of Ukraine has began. Since then, russian troops have continued to launch heavy missile and artillery strikes on…
Jumeirah Golf Estates has made a significant contribution to the Emirate of Dubai becoming a world-renowned golf destination in recent years. The golf course with a total of four 18-hole championship courses is the “finest of the finest” that the Emirates have to offer in terms of golf.
If you want to emigrate to Dubai, there is much important information that you should definitely know. This step must definitely be thoroughly planned so that you do not get any problems on-site.
As a rule, ATMs can be found in Dubai, for example, in large shopping malls such as the Dubai Mall or Mall of the Emirates.
Shady, ornate courtyards, fragrant and golden alleys, small wooden boats, and lots of greenery: If you travel to Dubai, you cannot avoid visiting the old town of Dubai. A huge river separates the historic districts of Bur Dubai in the west and Deira in the east.
Inexpensive Dubai hotels are a compromise between high comfort of living and low prices, which are usually comfortable rooms in hotels of 3 and 4 stars with high ratings, good reviews, and prices in the region of 45-65 dollars per room per night.
Spacious and cozy at the same time – such is the impression of a comfortable modern beach complex La Mer. It is a world-class beach in a prestigious area of Dubai that combines the best modern trends in the leisure industry.
Dubai is one of the most expensive cities in the world. Most of the tickets for the various attractions are worth a big sum of money, which is able to punch a hole in the pocket of any tourist. But that doesn’t mean that Dubai is not good enough for budget travelers. And in this article, we share our findings, which are to see for free and where you can go without paying any money.
The luxury center of the UAE amazes tourists at first sight with its stunning architecture: this is where the tallest skyscraper of the Burj Khalifa, the artificial World Archipelagos, and the Palm Islands are located. Dubai is the largest center of world trade and tourism as well as Shanghai.
Downtown Dubai serves both as a business center due to the location of the offices of global companies and as a tourist area where the Emirate’s attractions are concentrated.
Can buyers now benefit from the development if they invest in residential real estate in Dubai during the real estate crisis? Has the bottom of the valley on the Dubai real estate market already passed?…
Real estate agents help their customers to find the perfect property with the help of extensive specialist knowledge and contacts, anywhere in the world. Brokers often specialize in different areas, such as rental apartments, luxury…
Experts argue that the Dubai real estate market may be the winner after the COVID-19 crisis, citing the effects of similar epidemics in the past. Julian Roch of Cavendish Maxwell stated that the real estate…
Glitzy Dubai is the United Arab Emirates’ holiday hot spot. This city of high-rises and shopping malls has transformed itself from a desert outpost to a destination du-jour, where tourists flock for sales bargains, sunshine,…
