Dubai is an animate city that injects life of its own into its residents. With rich cultural heritage, magnificent architecture like the tallest building in the world, and wonderful infrastructure, gigantic man-made islands, captivating deserts, beautiful sandy beaches, Dubai has got everything to give its residents an extravagant lifestyle so they can experience life to its full. Maintaining the same standards, Dubai’s real estate is a miracle! For investors and residents alike, there is a plethora of properties for sale in Dubai. Buying a property in Dubai and experiencing its lifestyle enables you to witness global festivals, business expos, and full-of-exposure international events. Hence you remain connected with the world. In short, the city of Dubai is a heart pumping blood to every organ of the body. No wonder it has become the most sought-after destination for investors, tourists, businessmen, and professionals alike.
The desire to live in a city and the growth of its real estate go hand in hand. As Dubai has one of the best economies around the globe, with people seeking to settle there in hopes of upscale living and business prospects, experts indicate no downfall in its real estate. Such stability increases the confidence of investors; they bring in more money, build better projects, and utilize the latest tech, all of which accompany together to give a lavish lifestyle to a common resident. On top of that, since the government lifted hurdles and relaxed the criteria of property ownership in Dubai, the properties for sale in Dubai has seen a significant increase in demand as investors and residents around the globe flock to the city to invest or settle permanently.
As mentioned before, Dubai is continuously developing new districts attracting investment for new real estate projects. The availability of a vast variety of properties in Dubai, accompanied by freehold property policies, makes Dubai one of the safest places to invest. These properties range from residential spaces like apartments to bare lands and commercial projects granting investors both short-term and long-term opportunities. Whether you are planning to build a house, invest for reselling purposes, or to build a project like a restaurant or a mall, Dubai’s real estate is a safe investment spot with the potential for manifold returns. Areas like Downtown Dubai, Jumeirah Lake Towers, and Business Bay are full of commercial properties like offices, corporate buildings etc. Similarly, the neighbourhoods of Palm Jumeirah and Jumeirah Golf Estates are popular among people looking to invest in residential spaces.
In addition to this, Dubai’s economy, unlike other Khaleeji emirates, does not rely on fluctuating hydrocarbons and petrodollars. The city’s diversified economy makes it less volatile than any other region in the Middle East. In fact, Dubai is one of the safest places in the world to live. When buying a property in Dubai, these factors cannot be overlooked as they determine the strength of the country's economy.
On Zoom Property, you will find properties for sale in Dubai in different configurations, layouts, designs, and furnishing options. Whether you are looking for small options like an apartment in Dubai or are interested in townhouses for sale, the range and diversity you will find will amaze you.
A Tip: you can open our listings and read the full description or contact the agent if you have any further information.
Yes, there are designated areas in Dubai where a foreign or an expat can buy and take ownership of a property on a freehold basis. A foreigner can also get leasehold rights for up to 99 years in these areas.
For locals, the minimum down payment on a house is 20%; for expats, it’s 25%. Also, This is liable to change depending on the price and intended use of the property.
No, the UAE government has made it very easy both for the residents and foreigners to purchase properties in Dubai. This is an excellent time for property purchase as many rules and regulations that have made buying property difficult in the past have been lifted.
You can buy a property without a residence visa, but you cannot buy one without any visa at all. If you do not have a residence visa, you can opt for an investor visa as well.
Yes, if the property for sale in Dubai is valued at more than 1 million and is completed at the time of purchase, the buyer is eligible for the residence permit.