DUBAI Real Estate ~ Key Factors
• Offers a high rental yield of more than 5%
• Tax free - No investment taxes from Dubai government
• Strong and stable currency. 1USD = 3.67AED Pegged
• Fairly priced (UBS Global Real Estate Bubble index 2022) – Less risk
• Dubai has emerged as one of the top-5 busiest luxury residential markets globally due to its heightened level of deal activity.
• With US$1 million, buyers can secure around 1,130 square feet of prime residential space in Dubai, three times more than in cities like London, New York, or Singapore, driving demand among the world's wealthy.
• In 2022, Dubai ranked fourth in terms of luxury market activity, with 219 homes above US$10 million sold for a total of US$3.8 billion, trailing behind London, LA, and New York.
• Dubai now holds the fifth position for sale of homes priced above US$25 million worldwide.
• The confidence in Dubai's business and economy, along with the diverse buyer base,
has fueled demand for luxury homes.
• In 2022, the top three buyer nationalities in Dubai were from China, India, and the UK, accounting for approximately two-thirds of sales. Other top nationalities include Iran, Russia, Ukraine, Canada, France, Germany, and Italy.
ESCROW mandatory to launch sales
20% of project value in ESCROW
by Developer
Developer is required to furnish
a progress certificate to withdraw funds
Construction progress update on
Dubai Land Department (DLD) site
Real Estate Regulatory Agency (RERA) penalty for developers
for non-compliance
Defect liability Period (DLP) 1 Year
5% of the project value hold back
during DLP to cover any defects
arising post completion
Investment Required • AED 2 Million
10-Year renewable Residence Permit
(Restrictions apply. Consult a Visa Expert)
Investment Required • AED 750,000
2-Year renewable Residence Permit
(Restrictions apply. Consult a Visa Expert)
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