Realtor Dubai answers your questions

The issue of buying real estate in the United Arab Emirates is quite acute, which is not surprising. Free economic zones, a mild hot climate with a huge sea coast, luxurious infrastructure and many other advantages of living in the UAE attract foreigners.

Let’s figure out how to profitably buy real estate in Dubai, and in fact, why it is worth buying it there. Specialists of the well-known company NR Luxury Properties answer investors’ questions in detail and explain the specifics of the construction market in the Emirates.

Why is Dubai considered the best place to buy real estate?

Of course, every Emirate is attractive in its own way, and everywhere you can profitably buy real estate, live, work, run a business or relax on the beach. However, foreigners most often purchase objects under construction in Dubai.

The popularity of this Emirate is explained by the presence of many advantages:

• A high level of income and wages.
• Well-developed infrastructure.
• A good choice of properties to buy.
• The quick payback of the purchased housing is important for renting.
• Optimally suitable conditions for doing business.
• Year-round warm climate.

That is, Dubai’s attractiveness is ahead of other Emirates in the region. Do you want to live there and find a job? No problem — the salary level will adequately cover your living expenses and allow you to indulge in a certain luxury. Dubai actually has everything — schools with foreign languages, kindergartens, clinics, supermarkets and a high level of service absolutely everywhere.

Do you want to do business in Dubai? Come, buy real estate and enjoy the privileges of free economic zones, low taxes and huge opportunities for foreigners. Dubai is always warm, comfortable, beautiful and interesting. And buying an apartment, villa, townhouse or commercial property will be the best investment.

Which property is better to buy: secondary or off-plan?

As experienced Dubai realtors, we recommend buying off-plan real estate and confidently declare that this category is the best option for investing. This includes all facilities under construction that have not yet been commissioned.

We suggest that you evaluate the benefits and priority of buying an off-plan together:

• New construction technologies guarantee more interesting housing at the exit than in the secondary market.
• There is a clear economic benefit — you pay less during the construction process, because after the commissioning of the facility, its price will increase significantly.
• The stability of the UAE economy — there are practically no risks, and the cost of purchased real estate is constantly growing.
• When buying an object under construction, you can sometimes order an individual layout, repair, design.

An interesting point: after commissioning the off-plan real estate, you will be able to immediately resell the object and make a big profit. Agree, this kind of earnings option looks as attractive and affordable as possible. When buying a villa or apartment under construction, investors can choose their favorite layout from different options and change it, and the secondary market is a long-built house that was redone by the previous owners.