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Tourism is booming: In 2010, only 8.41 million tourists visited Dubai, compared to 16.73 million in 2019. Real estate is therefore urgently needed.
Real estate in Dubai is ideal as a long-term investment asset, as it protects capital from economic and political risks.
In addition to the tallest building in the world, the largest mall, the largest aquarium, a ski hall or even the desert — there is hardly anything in Dubai that doesn't exist.
Swiss bank UBS states that Dubai is one of the few major cities in the world where real estate prices are fairly valued.
Dubai offers above-average rental returns and as an investor, you benefit from this increase in the value of your property in the long term.
Dubai is investing heavily in the future and is number 1 when it comes to investments in growth markets, such as artificial intelligence and robotics.
With a crime rate of almost 0%, Dubai is considered the safest location in the world.
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1. Choose a broker you trust. Make sure that the agent has experience with the real estate market in Dubai, has a RERA license and is acting in your interest.
2. The developer of your property should also have a good reputation and experience in the country.
3. For investors in particular, the location of the property is decisive. Look for a place with high demand and increase in value and check with your broker.
4. Look for currently popular projects that, for example, have unique selling points or have an unusual, beautiful, new design.
We would be happy to provide you with non-binding advice in a personal conversation.
You must tax income in Germany. We will tell you how to correctly tax this income in a personal conversation.
In 5 easy steps of an off-plan property:
1. Purchase decision
- Reservation of the property
- Reservation document
- Booking document
2nd deposit + notary
- 10 — 30% down payment
- 4% Dubai Land Department Fee
3. Sales contract
- Signing the sales contract
- Delivery of the provisional ownership certificate (“Oqood”)
4. Payment schedule
- Step-by-step purchase price payment according to payment plan
5. Handing over the property
- Final payment
- Key handover
- Handing over of the ownership certificate
We would be happy to advise you personally.
No, it is not necessary but is recommended. We would be happy to advise you.
3 days to 3 weeks, depending on the object.
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