FAQ
Why Invest in Dubai?
To begin with, the investment property market in Dubai offers higher rental yields than many other mature real estate markets. In fact, the average ROI here ranges between 5% and 9% as property prices per square foot are significantly lower than in other cities across the globe, such as London, Hong Kong and Paris. Thus, it is an affordable location to own luxury real estate, besides, there is also no stamp duty and property taxes as well.
In order to attract more investors, in September 2021, the DLD had reduced the minimum required amount, which allows purchasers to apply for a 3-year residence visa through investment, from AED 1M (USD 272K) to AED 750K (USD 205K). Visa holders can avail family sponsorship, which enables bringing a spouse and children to the country as well.
Next Answer & Question
In order to start investing in Dubai real estate, you have to identify the investment purpose first. Besides being used as private residence, properties can be rented out and resold, which are perfect options if you are looking to generate some income.
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