Frequently Asked Questions
Dubai offers a tax-free environment, high rental yields, a stable economy, and a strategic location as a global business and tourism hub, making it an attractive destination for real estate investment.
Yes, there are certain restrictions on property ownership for non-GCC nationals. Non-GCC nationals can only purchase property in freehold areas, while GCC nationals have wider property ownership rights.
The selling process involves listing the property with a registered real estate agent, obtaining necessary documentation, and registering the transfer of ownership with the Dubai Land Department.
Off-plan property refers to buying property before it is constructed. It can be a good investment option as it often offers attractive prices and payment plans. However, buyers should research the developer's track record and the project's feasibility.
As real estate markets are subject to fluctuations, it's advisable to consult with a professional real estate agent who can provide insights into current market trends and forecasts.