19/05/2023
๐ฅHOW TO EASILY BUY A PROPERTY IN THE UAE?๐ฅ
Dubai is an ideal city and a top destination for tourists, investors and expats. With a growing economy, world-class infrastructure, diverse culture and a luxurious lifestyle, Dubai offers many advantages for those considering their next investment property.
๐นBUDGET๐น
The most important factor that defines the price and future value of a property is the location. The more popular the location, the higher the initial investment. On the other hand, a property in a popular location generates both higher rental income (on average 8% to 15% p.a.) and property value growth over time (on average 6% to 8% p.a.). The second important factor is the condition of the property. If a client is looking for a new property, it is possible to buy both a finished property or a property being built (โoff-planโ). The price generally starts on average at EUR 300 000.
๐นFINANCING๐น
Financing the purchase of a new property is possible with a bank loan. Local banks in Dubai also provide financing options for residents of other countries.
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