Investment in the Dubai real estate sector

Investment methods in Dubai are very diverse and profitable. Political and economic stability in Dubai has made the country's markets very profitable. In addition, every year the government establishes better rules for investing in the UAE. Therefore, investing in this country can be associated with good profits.

Investment by buying property in Dubai

The real estate market in Dubai is growing every moment. This increasing growth has encouraged many people to invest in this sector. Dubai buildings are of high quality and the UAE's fair tax system can be incentive for real estate investors. Another advantage of buying a property in Dubai is getting a residence by buying a property. This stay is 3 to 10 years and can be extended.

Disadvantages of investing in property in Dubai

One of the biggest disadvantages of investing in real estate is that the UAE government, permanent residency

Investment does not give you. In addition, Dubai is a desert city, if you want to stay in this city, the climate of Dubai may not match your taste.

How much should you invest in real estate in Dubai?

For those who intend to stay in the UAE, they must invest at least one million dirhams in the real estate sector. Of course, those who have just arrived in the UAE are suggested to rent a house at first and after getting familiar with the real estate market, laws and facilities of the UAE, start buying a property. People who already reside in the UAE and live in this country can buy these properties in installments in such a way that they can own it by issuing a few checks and even by paying 10% of the total value of the property.

People who want to have a UAE visa must invest at least one million dirhams in the UAE real estate market. If the value of the property they buy is more than 10 million dirhams, the visa obtained is longer and can be valid for up to 10 years. After you get UAE residency, you must enter the country once a year so that your visa is not invalidated.

The process of buying property in Dubai

In summary, the process of buying a property is as follows:

• Arrangement of MOU or contract
• Getting NOC or tracking code
• Code inquiry
• Payment of the aforementioned debts to the municipality
• Tax account tracking and tax payment
• Document transfer

Types of properties available for purchase in Dubai

Many properties are available for purchase in Dubai. You can buy hotels in Dubai. Or if you want to buy a hotel, apartment, commercial property or residential house. Each of these properties has its advantages, which we will discuss.

Investment in the hotel

Dubai is one of the most touristic cities in the world, where many luxury hotels have been built or are under construction. Hotel management or tourist accommodation is one of the most profitable businesses in Dubai, which generates a lot of capital in Dubai every year. By buying a hotel, in addition to investing in real estate, you will also benefit from the hotel services. You can buy ready-made hotels from builders or you can buy half-made hotels at a lower price and less investment. If you want, you can invest in the construction of hotels by buying unfinished hotel rooms and even share in the profits of the construction.

Investment in hotel apartments

The apartment hotel is one of the types of hotels in Dubai. In these hotels, you rent a fully furnished apartment unit. For people who travel a lot to Dubai and are constantly commuting, these units are very suitable. It should be noted that apartment hotels do not have room service, but they are relatively more comfortable than normal hotels. This investment will also be a profitable investment. In addition to investing in real estate, you can rent out the room or Live in it yourself for a while.

Investment in commercial property

Dubai markets are among the most prosperous markets in the Middle East. Because Dubai is a famous tourist city and receives travelers from all over the world, tourists have given prosperity to the markets of this city by buying from Dubai goods. Buying a commercial property in the international malls and markets of this city can be a good investment. In addition to the fact that you can rent your property if you want, you can start your own business and earn money.

Investment in residential properties

Houses and villas in Dubai are among the most high-quality and best houses in the world. Due to the quality of city services, buying a house can be a very good investment. You can rent the property or use it yourself.

Conclusion

One of the best ways to invest in Dubai is to invest in property. Different types of investment can have different profits and benefits. By investing in property in Dubai, you can also get up to 10 years of UAE temporary residency.