Real estate in Dubai
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By developer
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UAE. General market information
Dubai real estate market is an attractive sector for investors from all over the world. The economic stability of the UAE, the absence of property taxes, the growth of tourist flow – all this makes the purchase of housing in Dubai a profitable investment.
Real estate for sale in Dubai
In Dubai you can buy both ready-made real estate and objects under construction. In 2024, the market is experiencing a revival: real estate prices are rising, but still remain below pre-crisis levels.
Cost of real estate in Dubai
The price of real estate in Dubai depends on many factors: location, type of object, its area, stage of construction. On average, 1 square meter of residential real estate in a new building costs from 1,500 to 3,000 usd. Elite real estate can cost several times more.
Investing in real estate in Dubai: prices in rubles
Buying real estate in Dubai can be a profitable investment decision. The average annual rental yield is 5-7%. Prices for real estate in Dubai in rubles are steadily increasing, which makes investments in this sector attractive.
Features of real estate in Dubai
- Real estate in Dubai can be purchased on a freehold basis, which means full ownership. Foreigners are free to buy residential and commercial properties.
- Foreigners are free to buy residential and commercial properties through real estate agencies.
- In Dubai there are many residential complexes with developed infrastructure: swimming pools, gyms, playgrounds.
Why buy an apartment in Dubai
- Stable growth in real estate prices, including commercial real estate.
- High rental yield.
- Lack of taxes on real estate.
- Developed infrastructure.
- Comfortable climate.
- Safety.
Buying real estate in Dubai
The process of buying real estate in Dubai is transparent and simple. You will need to open an account with a local bank, obtain an identification number and register the transaction with the Land Department.
It is advisable to contact experienced real estate agents who will help you select the property, complete the transaction and manage the property.
Commercial Real Estate in Dubai
Dubai is an attractive market for commercial real estate investment. There is a high demand for offices, retail space, warehouses and hotels.
- Offices in business centers
- Retail space in shopping centers
- Warehouses in logistics centers
- Hotels
The cost of commercial real estate in Dubai depends on the type of object, its area, location. The average rental yield is 8-10%.
How much does real estate in Dubai cost?
The cost of real estate in Dubai varies depending on the type of object, its area, neighborhood, stage of construction. The average price of 1 square meter of residential real estate in a new building is from 1,500 to 3,000 usd. Elite real estate can cost several times more.
Where to buy real estate in Dubai?
The choice of area to buy real estate in Dubai depends on your goals. For investment suitable areas with high demand for rent, such as Downtown Dubai, Dubai Marina, Palm Jumeirah. For personal residence, you can choose quieter neighborhoods such as Jumeirah Beach Residence, Dubai Creek Harbour, Emirates Hills.
How to buy real estate in Dubai?
The process of buying real estate in Dubai is simple:
- Select a property.
- Open an account with a local bank.
- Obtain an identification number.
- Register the transaction with the Land Department.
Which real estate agency to choose
There are many real estate agencies in Dubai. We recommend choosing an agency with a good reputation and experience in the Dubai real estate market.
We recommend you to apply to the international real estate agency Real East, which will help you to choose an object, execute the transaction and manage the property.
FAQ about real estate in Dubai
The process of buying real estate in Dubai for foreigners is simple and transparent. You will need to:
Open an account in a local bank.
Obtain an identification number.
Register the transaction at the Land Department.
The average price for 1 square meter of residential real estate in new buildings ranges from $1,500 to $3,000. Luxury real estate can cost several times more.
Investing in Dubai real estate can offer you:
Stable price appreciation.
High rental yield (5-7% annually).
The possibility of obtaining a residency visa.
It is recommended to consult with experienced real estate agencies that can help you select a property, finalize the transaction, and manage the property.
Districts of Dubai
- Al Barari 3 ap.
- Al Furjan 2 ap.
- Business Bay 1 ap.
- Damac Hills II (Akoya) 2 ap.
- DMC - Dubai Maritime City 2 ap.
- Downtown 2 ap.
- DPC - Dubai Production City 3 ap.
- Dubai Science Park 1 ap.
- Dubai Sports City 5 ap.
- Dubailand 7 ap.
- JLT - Jumeirah Lake Towers 1 ap.
- Jumeirah 10 ap.
- JVC - Jumeirah Village Circle 7 ap.
- Majan 1 ap.
- Palm Jumeirah 1 ap.
- Ras Al Khor 2 ap.
- Umm Al Quwain 3 ap.