Why is Dubai a great place for luxury real estate investment?
Dubai offers high rental yields (5-9%), no property tax, strong capital appreciation, and world-class infrastructure, making it a prime location for luxury real estate investment.
Can foreigners buy luxury properties in Dubai?
Yes, foreigners can buy freehold properties in designated areas like Downtown Dubai, Palm Jumeirah, Dubai Marina, and Emirates Hills.
What are the best luxury areas to invest in Dubai?
Top luxury areas include Palm Jumeirah, Downtown Dubai, Dubai Marina, Emirates Hills, and Jumeirah Golf Estates, known for high-end residences and strong investment returns.
Do I get a residency visa if I buy property in Dubai?
Yes! Buying property worth AED 750,000+ qualifies for a 2-year visa, while AED 2 million+ grants a 10-year Golden Visa.
What are the taxes on buying property in Dubai?
Dubai has no property tax, no capital gains tax, and no rental income tax. Buyers only pay a 4% transfer fee to the Dubai Land Department.