Market on the Rise:

• Booming Growth: Dubai’s property market is experiencing its 10th consecutive quarter of expansion, with average sales prices for residential properties increasing by a staggering 10% between Q3 2021 and Q3 2022. This upward trajectory shows no signs of slowing down, fueled by strong economic growth, a surge in international investment, and government initiatives aimed at boosting the sector.

  Dubai real estate market graph showing upward trend

• Rental Haven: Renting a property in Dubai is no small feat, but for homeowners, it’s a goldmine. The emirate boasts some of the highest rental yields in the world, averaging between 5% and 9%. Imagine, your Dubai investment passively generating a healthy income stream – sunshine and sweet returns, what a combo!

• Diverse Delights: From beachfront apartments overlooking the turquoise expanse of the Arabian Sea to sprawling mansions nestled within gated communities, Dubai’s property portfolio caters to every taste and budget. Whether you crave the urban buzz of Downtown Dubai or the serene tranquillity of Jumeirah, there’s a haven waiting for you.

Investing Savvy:

• Freehold Freedom: Unlike many other international property markets, Dubai offers freehold ownership in most areas. This means you own the land and property outright, granting you complete control and long-term investment potential.

• Visa Advantages: Looking to call Dubai home, be it temporarily or permanently? Purchasing a property worth AED 1 million or more unlocks the door to a residency visa, making it an attractive option for those seeking relocation or a luxurious second-home base.

• Cost Considerations: While the rewards are enticing, remember to factor in upfront costs like registration fees (4%), agency fees (2%), and transfer fees (2%). These can add up to 7-8% of the purchase price, so plan accordingly.