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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 an ideal long-term investment because it protects capital from economic and political risks.
In addition to the tallest building in the world, the largest mall, the largest aquarium, an indoor ski slope or even the desert - there is hardly anything in Dubai that does not exist.
The 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 yields 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 ranks first in 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 real estate agent 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 best interest.
2. the developer of your property should also have a good reputation and experience in the country.
3. especially for investors, the location of the property is crucial. Look for a location with high demand and appreciation and find out from your estate agent.
4. Look for currently popular projects that have unique selling points or an unusual, beautiful, new design, for example.
We will be happy to advise you in a personal meeting without obligation.
You have to pay tax on the income in Germany. You can find out how to tax this income correctly in a personal consultation with us.
In 5 simple steps of an off-plan property:
1. Purchase decision
- Reservation of the property
- Reservation document
- Booking document
2. Down payment + notary
- 10 - 30% down payment
- 4% Dubai Land Department Fee
3. Purchase contract
- Signing of the purchase contract
- Handing over of the preliminary title deed ("Oqood")
4. Payment plan
- Step-by-step payment of the purchase price according to the payment plan
5. Handover of the property
- Final payment
- Handover of the keys
- Handover of the title deed
We will be happy to advise you in a personal meeting.
No, this is not necessary, but it is recommended. We will be happy to advise you.
3 days to 3 weeks, depending on the property.
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