What you need to know before renting an apartment daily in the UAE. Read the rules and regulations for renting apartments in Dubai.
Dubai today is one of the largest cities in the United Arab Emirates. In addition, Dubai is the UAE’s most important commercial and financial center, with an administrative center and deep sea port.
If you have UAE citizenship, there are really a lot of privileges. After visiting an Arab resort, many foreigners desire to immigrate to this country. Thanks to the work of the authorities, social policy is actively developing. The educational and healthcare sectors in the country are also developed.
Among investors, Dubai and Abu Dhabi are the two largest and most famous cities in the UAE. Foreigners make up 85% of Dubai’s population, due to its attraction to expats. Abu Dhabi is often invested in by Emirati and neighboring Arab citizens. However, the Abu Dhabi property market may also be of interest to foreign investors.
How is the rental price for housing in Dubai determined, can the landlord raise it independently, and who regulates the price for apartments and villas.
About 80% of Dubai residents are renters, making buying an apartment for rental purposes a profitable investment. However, the Dubai real estate rental market has its own characteristics. Here, the rights of each party are equally protected: it is difficult to evict a tenant even after the end of the lease agreement, and landlords do not have the right to inflate the cost of services.
Dubai is expanding every year. There are regular new areas and residential complexes that attract tourists and expats with unique architecture, developed infrastructure, and comfortable conditions.
Long-term rent is usually chosen by couples of different ages. They most often prefer double apartments on the territory of the family community with a developed social infrastructure and places for entertainment.
A selection of the five most anticipated premium projects in Dubai and other emirates, key features, and benefits of the announced residential complexes.
An overview of Dubai’s most popular projects, launched in 2022, from trusted emirate developers. Description of residential complexes, their features, cost, and location.
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?
Homemade leopards, falconry, expensive cars, and the finest racehorses are all about the entertainment of Arab sheikhs. In the past, the lands where Dubai, Abu Dhabi, and other prosperous cities stand today were only sometimes developed. At one point, people who lived on these lands lived in poor conditions, with small shacks replacing the towering skyscrapers that now dominate the desert skyline. These cities were once small towns before experiencing significant growth and development.
We continue to analyze the topic of expenses when moving to Dubai. In the previous article, we talked about the necessary documents and rental housing.
We calculated the cost of moving to Dubai, including document design, necessary requirements, rental prices, and first-month expenses.
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?
Long-term and short-term contracts between the lessee and the lessor are concluded without third-party witnesses and guarantors. Let’s compare the advantages and disadvantages of daily and long-term rental apartments in Dubai.
Real estate investment is a reliable way to save and diversify savings, and the UAE remains one of the most popular destinations for such investments.
Real estate rental in Dubai is a standard legal procedure, providing for legal payment and the conclusion of a formal contract. It is conducted in several stages and has a number of regional features that should be familiarized before arriving in the UAE.
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 United Arab Emirates remains one of the most sought-after destinations in overseas real estate investment. The real estate market here is flexible enough and adjusts to the buyer: you can find an apartment for tens of millions of dollars, and a studio for a hundred thousand.
Unveiling the enchantment of Dubai unveils a remarkable juxtaposition between its soaring skyscrapers and the timeless allure of the desert sands. As you stand before architectural wonders that touch the heavens, it’s hard not to…
The UAE is one of the most popular regions where foreign entrepreneurs transport business. Companies here feel comfortable.
The types of real estate investment in Dubai available to foreign investors, the potential yield from resale or rental, and the central myths about buying housing in the UAE.
In 2022, Dubai’s real estate market experienced a boom in demand from foreign buyers. The investment increased by 80%. Wealthy investors are attracted by the most expensive and fashionable locations, where you can earn on a 30-40% rise in property prices or get a stable rental income in a few years.
Foreigners are massively buying up housing in the UAE to prepare the ground for relocation. At the same time, for those who only plan to move, it is not always clear in which area it is best to buy housing, how to find a specific object, and what to focus on in the choice.
Legislative aspects, the stability of the economy and the region’s security, location, ways of doing business, and cultural norms – when buying property in the UAE, it is essential to notice many non-obvious factors.
Due to the favorable conditions, it is very tempting to invest in Dubai’s residential real estate market. Today we will tell you how to invest in UAE facilities and what to consider depending on the selected goals.
Every year the UAE real estate market becomes more and more attractive for investors and agencies. According to DLD, in May 2022 a total of transactions worth 26.5 billion dirhams (about $70 billion) were concluded. The deals generated over AED240 billion, up 61% from 2021.
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…
Jumeirah Village Circle (JVC) is a freehold community located in downtown Dubai. This prestigious district, which began to develop in 2005, is growing rapidly, offering excellent infrastructure and being a comfortable place to live for working people, families with children, and businessmen. Due to the large selection of luxury real estate JVC is extremely profitable for investors. The excellent accessibility of the area enables easy access to any other business or residential sector in the emirate.
