FELLOW GHANAIANS “WHAT YOU NEED TO KNOW ABOUT PROPERTY INVESTMENT IN DUBAI

December 20, 2023

Blog, Dubai, News, Real Estates

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WHAT YOU NEED TO KNOW ABOUT PROPERTY INVESTMENT IN DUBAI

One thing everyone wants when in another country is to settle in quickly and Dubai has numerous reasons that promote ideal property investment opportunities for everyone. Top real estate developers in the city work in building stunning communities including townhouses, apartments and villas which means that Dubai is a good choice for homeowners and investors because of its location and well-developed infrastructure.

So, if you’re looking to buy a property in Dubai, here’s what you need to know

Internationally recognized real estate developers such as Emaar, Damac, Aqua, Sobha and Ellington are top real estate companies in Dubai

that provides exceptional high-quality homes in beautiful environments. Dubai has recorded over 27,373 real estate transactions worth AED 61.97 billion in the first half of 2021, Damac properties is famous for its residential projects, which offer affordable luxury. Prospective buyers will find that Damac offers a mix of apartmentsand villa projects with both ready and off plan options available. they have constructed massive towers like the Merano tower, Dubai marina and others, luxurious residential buildings with impeccable interior design to suit your style

Jumeirah village circle is a comfortable family-friendly community built by Ellington properties, their communities guarantee a luxury living experience and considered as one of the best areas for property investment in Dubai. Their communities attract a mixture of young couples, families and bachelors and it has abundance of schools, parks and fitness centers.

It is value for money to invest in a property in Dubai, off plan properties are not too expensive when it comes to purchasing a property in Dubai and there’s a high probability of the property increasing overtime or when near completion. Dubai’s growing economy and profitable returns on off plan properties investment makes an ideal choice for those looking to invest in the real estate sector.

With Aqua properties announcing off plan projects every month, Billcotey realty is here to assist you to identify the smart investment opportunities available in Dubai Off plan.

Ready properties provide additional benefits due to its location and completed infrastructure. You will also gain high rental yields if you wish to rent the property, this makes investing in one of their properties a great way to build wealth and generate income.

Also visa laws linked to property investment enable investors to gain a residence visa. For certain properties, you may be entitled to a 2-year residency visa, for others you may gain a 5-year residency visa, whiles for other properties you may receive a 10-year residency visa…isn’t that great!

Tax conditions are highly favorable, Dubai is free from income tax for residents and there’s no value added tax (VAT) levied on residential property for investors, this makes it a very attractive destination for lifestyle and investment.

Attractive financing options are provided for anyone ready to invest in a property. You can acquire a property with no less than 25% down payment and complete payment with flexible payment plans.

In addition to all these let’s not forget the pursuit of leisure and pleasure.

Since about 85% of the city’s population are foreigners, the city has beautiful tourist destinations like the Burj Khalifa,

which is the world’s tallest building in the world, the Dubai mall, Desert Safari and many more. There are also facilities and amenities for you and your family to enjoy, including proximity to transport, restaurant, education, childcare and many more.