A brief excursion for expatriates to buy real property in Dubai

by Sudarsan

In terms of investment, Dubai is the top choice to obtain a housing. The local housing market is diverse, with studios, apartments, villas and more for sale. The source https://www.axcapital.ae/ will tell you how to buy apartments for sale in Dubai Hills and what to pay attention to for an expat.

Housing market in Dubai

One of the most attractive aspects of the Arab market is the wide range of properties, prices and locations. There are many residential communities with unique living conditions that can satisfy any needs of the modern city dweller. 

This is largely why and by virtue of high reward from investment, capital providers flock here from everywhere. These premices are sold in respected districts like Dubai Marina, Palm Jumeirah, Downtown Dubai and others. 

Variety of dwellings in Dubai

Foreigners can buy any type of residential property in Dubai. There are 3 main types in total:

  • Apartments;
  • Villas;
  • Townhouses.

Each of them is unique and has its own characteristics. However, before you make a choice and get money’s worth, it is necessary to analyze the market.

Purchase of housing for investment 

Purchase of housing in Dubai for investment purposes is a common practice in the international arena. And this certainly has its advantages. The main ones are: 

  • High profitability (on average 6-8% per annum);
  • High market capitalization; 
  • Transparency of legislation;
  • No taxes for individuals on rental income.

A detailed market assessment will ensure a bargain purchase at a reasonable price. 

Purchase of housing in Dubai for personal use

In the intervening years, Dubai has developed into a vast real property and business center. Currently, the megacity is home to 85% of people who come from different parts of the world. Previously, own housing in Dubai was considered something incredibly expensive and unaffordable. But now everything has changed. Now workers or business owners can afford housing in the Emirate, while they do not have to be residents of the UAE. 

If your personal reason for buying a property in Dubai is residence, you should set priorities up in advance: is it important for you to have accessible infrastructure nearby with hospitals, schools, public transport, shops, etc., or do you want to live a more reclusive life? Depending on this, it is worth choosing the district and the corresponding type of property. 

Buying property in Dubai 

Start looking for the perfect property for living and investment in Dubai with Ax Capital. The company’s specialists will advise on any issue associated with the purchase and rental of property in Dubai, provide a number of the most suitable variants, and will give comprehensive support in the transaction process. 

For more details on investing in apartments and villas in Dubai, read the official site. 

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