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Hear from clients who found their perfect property with Residence Real Estate. Each story is a testament to our commitment, expertise, and the relationships we build along the way.
Working with Magnus was like having a trusted friend in the real estate business. He made the entire process easy and really listened to what we wanted. We found the perfect waterfront apartment in record time, and I couldn’t be happier
Trust, Satisfaction, Success, Smiles.
Yes, it is possible to obtain a residency visa in Dubai by purchasing a property.
The United Arab Emirates (UAE) government has implemented several programs that allow property buyers to obtain residency visas through investment, including 3, 5 and 10 year visas.
Here is the division of transfer and registration fees associated with purchasing a property in Dubai:
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Here are the documents you’ll need to secure if you’re planning to buy a property in UAE:
DLD is the abbreviation for Dubai Land Department. It is the regulatory body by the government that deals with all property and real estate related legislation, organisation, and services for any real estate transactions in Dubai.
No, residential properties in the UAE are currently not subject to VAT.
An off-plan property is an unconstructed property. The property is yet to be built or is in the preliminary stages of construction.
Yes, you can sell off-plan property before the completion date.
Yes, It is possible to obtain a mortgage to finance your off-plan property purchase, subject to meeting the individual requirements of the financial institutions.
The cost of owning a property in Dubai will depend on the type of property. As most properties are built within apartment buildings or villa communities there are ongoing costs that do apply. These are often referred to as “Service or Maintenance” fees and are paid towards the upkeep and maintenance of the building or community the property is located in.
Generally speaking, apartment buildings are more costly to maintain, and therefore apartments tend to have higher “Maintenance” fees as opposed to villas or townhouses.
Just like there is no tax there is also no selling fees when selling a property in Dubai.
All the advertising costs are covered by the selling agent or agents who charge their fees to the buyer via an agency fee. It is worth nothing that some sellers may choose to pay the selling agent a small percentage of the property purchase price as commission. This is usually done as an incentive and way to get the very best price possible.
Check out our holiday rentals website for an exclusive selection of Dubai’s finest holiday homes. From stunning beachfront apartments to luxurious city-center penthouses, find the perfect stay for your next getaway.