Dubai Real Estate Blog

HomepageDubai Real Estate Blog

Category: Dubai Real Estate Blog

CategoriesDubai Real Estate Blog

Buying property with a mortgage: A guide for Dubai expats

By Earl,

Buying property with a mortgage can be a great option for Dubai expats looking to invest in real estate. Here’s a guide to help you navigate the process:

  1. Research: Start by researching the different areas in Dubai and the types of properties available. Consider your budget, your needs, and your future plans. You can use online property portals or work with a real estate agent to get a better idea of what’s available.

  2. Get pre-approved: Before you start house hunting, it’s important to get pre-approved for a mortgage. This will give you an idea of how much you can borrow and what your monthly payments will be. You can apply for pre-approval with a bank or mortgage broker.

  3. Choose a property: Once you know your budget, you can start looking for a property that meets your needs. Work with a real estate agent to find a property that fits your budget and requirements. Once you find a property, you’ll need to make an offer and negotiate a price.

  4. Apply for a mortgage: After your offer is accepted, you’ll need to apply for a mortgage. You can apply directly with a bank or work with a mortgage broker. Be prepared to provide documentation such as your passport, visa, proof of income, and bank statements.

  5. Property valuation: The bank will conduct a property valuation to determine the market value of the property. This is important to ensure that the property is worth the amount you’re borrowing.

  6. Legal process: Once the property valuation is complete, you’ll need to complete the legal process. This includes signing the sales agreement and transferring ownership of the property.

  7. Insurance: You’ll need to insure your property against risks such as fire, theft, and natural disasters.

  8. Fees: Be prepared to pay fees such as registration fees, property transfer fees, and mortgage processing fees.

  9. Repayment: Once you’ve secured your mortgage, you’ll need to make regular repayments. Be sure to make your payments on time to avoid penalties and fees.

CategoriesDubai Real Estate Blog

Best areas to buy Townhouse in Dubai

By Earl,

Dubai is known for its luxurious lifestyle and high-end real estate options. One of the most popular property types in Dubai is the townhouse. With a wide range of options available, choosing the right location to invest in a townhouse can be a daunting task. In this blog, we will explore the best areas to buy a townhouse in Dubai, based on factors such as location, amenities, and property value.

  1. Dubai Hills : Estate Dubai Hills Estate is one of the most sought-after areas to buy a townhouse in Dubai. Located in the heart of Dubai, this area offers a luxurious lifestyle with a range of amenities such as shopping malls, parks, schools, and healthcare facilities. The townhouses in Dubai Hills Estate offer spacious living areas and modern designs, making them a popular choice for families.

  2. Arabian Ranches : Arabian Ranches is another popular area to invest in a townhouse in Dubai. This gated community offers a tranquil environment with stunning views of the Arabian desert. The townhouses in Arabian Ranches are designed with a Mediterranean-inspired architecture, and offer a range of amenities such as parks, schools, and healthcare facilities.

  3. Jumeirah Village Circle (JVC) : Jumeirah Village Circle is a growing community in Dubai, and offers a range of affordable townhouse options. This area is well-connected to other parts of Dubai, and offers a range of amenities such as parks, schools, and healthcare facilities. The townhouses in JVC are designed with a modern and contemporary style, and offer spacious living areas.

  4. Dubai Marina : Dubai Marina is a popular area for those looking for a luxurious lifestyle. This area offers stunning views of the marina, and a range of amenities such as shopping malls, restaurants, and healthcare facilities. The townhouses in Dubai Marina are designed with a contemporary and modern style, and offer spacious living areas.

  5. Town Square Dubai : Town Square Dubai is a new development in Dubai, and offers a range of affordable townhouse options. This area offers a range of amenities such as parks, schools, and healthcare facilities. The townhouses in Town Square Dubai are designed with a modern and contemporary style, and offer spacious living areas.

CategoriesDubai Real Estate Blog

Best Eid-Al-Fitr staycations in Dubai

By Earl,

Eid Al Fitr is a time for celebration, and what better way to celebrate than with a staycation in Dubai? Dubai is known for its luxurious hotels, stunning views, and world-class attractions, making it the perfect destination for a holiday. Whether you’re looking for a romantic getaway or a fun-filled family vacation, there’s something for everyone in Dubai. In this blog post, we’ll explore some of the best Eid Al Fitr staycations in Dubai, from budget-friendly options to five-star luxury.

  1. JA Beach Hotel

Located in the heart of Jebel Ali, JA Beach Hotel is a perfect place to relax and unwind during Eid Al Fitr. This family-friendly resort boasts a private beach, multiple swimming pools, and a variety of dining options. Kids can enjoy the Kid’s Club and daily activities, while adults can indulge in spa treatments or try their hand at water sports. With its laid-back atmosphere and stunning views, JA Beach Hotel is a great choice for a relaxing staycation.

  1. Address Dubai Marina

The Address Dubai Marina is a luxurious five-star hotel located in the heart of Dubai’s trendy Marina district. The hotel boasts stunning views of the Marina and the city skyline, and is just a short walk away from some of the city’s best restaurants and nightlife. With its spacious rooms, state-of-the-art facilities, and personalized service, The Address Dubai Marina is the perfect choice for a luxurious Eid Al Fitr staycation.

  1. Rove Downtown

If you’re looking for a budget-friendly option, Rove Downtown is an excellent choice. Located in the heart of Downtown Dubai, this trendy hotel offers affordable rates without compromising on style or comfort. With its modern design, comfortable rooms, and central location, Rove Downtown is perfect for exploring the city’s many attractions and landmarks during your Eid Al Fitr staycation.

  1. Atlantis, The Palm

For a truly unforgettable Eid Al Fitr staycation, look no further than Atlantis, The Palm. This iconic five-star resort is situated on the Palm Jumeirah, one of Dubai’s most exclusive areas. With its luxurious rooms, world-class restaurants, and endless activities and entertainment options, Atlantis, The Palm is the ultimate destination for families and couples alike.

  1. Four Seasons Resort Dubai at Jumeirah Beach

For those seeking a more exclusive and private staycation experience, the Four Seasons Resort Dubai at Jumeirah Beach is the perfect choice. This luxurious beachfront resort boasts stunning views of the Arabian Gulf, as well as world-class dining options and a range of spa treatments. With its personalized service and attention to detail, the Four Seasons Resort Dubai at Jumeirah Beach is the ultimate in luxury Eid Al Fitr staycations.

CategoriesDubai Real Estate Blog

Easy steps to setup company in UAE

By Earl,

Setting up a company in the UAE can seem daunting, but with the right guidance, it can be a straightforward process. Here are the easy steps you can follow to set up your company in the UAE:

  1. Determine the type of company you want to establish: You can choose to set up a Limited Liability Company (LLC), Free Zone Company, or Offshore Company. Each type of company has different requirements and benefits, so it’s essential to research which option is best for your business.

  2. Choose a business name and activity: Once you have decided on the type of company you want to establish, you need to select a business name and activity that is in line with the UAE’s regulations.

  3. Obtain initial approval: You need to get initial approval from the Department of Economic Development (DED) in the UAE. This step involves submitting the necessary documents and paying the required fees.

  4. Choose a location: If you’re setting up a Free Zone Company, you need to choose a Free Zone location. If you’re setting up an LLC, you need to rent an office space in the UAE.

  5. Draft and sign the Memorandum of Association (MOA): The MOA outlines the company’s objectives, activities, and shareholders. You need to draft and sign the MOA with the help of a legal advisor.

  6. Obtain a trade license: You need to obtain a trade license from the DED or Free Zone Authority to operate your business in the UAE.

  7. Register for taxes: You need to register your company for taxes with the Federal Tax Authority (FTA).

  8. Open a corporate bank account: You need to open a corporate bank account with a local bank in the UAE.

  9. Obtain necessary visas: Depending on the type of company you set up, you may need to obtain visas for yourself and your employees.

  10. Hire employees and start operations: Once you have completed all the necessary steps, you can hire employees and start operations.

CategoriesDubai Real Estate Blog

Best Hotels in Dubai

By Earl,

Dubai is one of the most luxurious and glamorous cities in the world, known for its skyscrapers, beautiful beaches, and extravagant shopping malls. It’s no surprise that Dubai is home to some of the best hotels in the world. In this blog post, we will be exploring the top hotels in Dubai, ranging from budget-friendly to luxurious.

  1. Burj Al Arab

The Burj Al Arab is arguably the most famous hotel in Dubai and one of the most luxurious hotels in the world. The hotel is located on an artificial island and is designed to resemble a sailboat. The hotel boasts over 200 rooms, all of which are suites, and some of which are among the most luxurious in the world. The hotel also has a helipad, a fleet of Rolls-Royce cars, and a private beach.

  1. Atlantis, The Palm

Atlantis, The Palm is a luxurious resort located on the iconic Palm Jumeirah Island. The hotel boasts over 1,500 rooms, including suites and underwater rooms. The hotel also has a water park, an aquarium, and a private beach. Guests can enjoy a variety of dining options, including celebrity chef restaurants, and a spa offering a range of treatments.

  1. Armani Hotel Dubai

The Armani Hotel Dubai is located in the iconic Burj Khalifa, the tallest building in the world. The hotel is designed by fashion icon Giorgio Armani and boasts over 160 rooms, each of which is designed with sleek and modern furnishings. The hotel also has a range of dining options, including a Michelin-starred restaurant, and a spa offering a range of treatments.

  1. Jumeirah Al Qasr

Jumeirah Al Qasr is a luxurious hotel located in the Madinat Jumeirah resort complex. The hotel boasts over 290 rooms, each of which is designed with traditional Arabian furnishings. The hotel also has a private beach, a range of dining options, and a spa offering a range of treatments.

  1. One&Only The Palm

One&Only The Palm is a luxurious resort located on the Palm Jumeirah Island. The hotel boasts over 90 rooms, including suites and villas, all of which are designed with contemporary Arabian furnishings. The hotel also has a private beach, a range of dining options, and a spa offering a range of treatments.

  1. Park Hyatt Dubai

Park Hyatt Dubai is a luxurious hotel located on the Dubai Creek Golf & Yacht Club. The hotel boasts over 200 rooms, including suites, all of which are designed with elegant and contemporary furnishings. The hotel also has a range of dining options, including a French brasserie, and a spa offering a range of treatments.

  1. Shangri-La Hotel, Dubai

The Shangri-La Hotel, Dubai is a luxurious hotel located in the heart of Dubai’s financial district. The hotel boasts over 300 rooms, including suites, all of which are designed with a blend of Arabian and Asian furnishings. The hotel also has a range of dining options, including a Cantonese restaurant, and a spa offering a range of treatments.

  1. Raffles Dubai

Raffles Dubai is a luxurious hotel located in the heart of Dubai’s Wafi City complex. The hotel boasts over 240 rooms, including suites and apartments, all of which are designed with contemporary furnishings. The hotel also has a range of dining options, including a Japanese restaurant, and a spa offering a range of treatments.

  1. The Address Downtown Dubai

The Address Downtown Dubai is a luxurious hotel located in the heart of Dubai’s Downtown district. The hotel boasts over 200 rooms, including suites, all of which are designed with contemporary furnishings. The hotel also has a range of dining options

CategoriesDubai Real Estate Blog

Buying a house in Dubai? All you need to know

By Earl,

Buying a House in Dubai? All you need to know

Dubai has always been a popular destination for expatriates looking to settle down in the Middle East. Over the years, it has become an attractive location for property investors due to its lucrative real estate market. Dubai offers a unique combination of luxury living, world-class infrastructure, and a tax-free environment, making it an ideal place to invest in real estate. This article will cover all the essential aspects you need to know before buying a house in Dubai in 2023.

  1. Understanding the legal framework:

Before buying a house in Dubai, it is crucial to understand the legal framework and regulations governing the real estate market. The Dubai Land Department (DLD) is responsible for regulating the real estate market in Dubai. As per the DLD, there are several types of properties available for purchase in Dubai, including freehold properties, leasehold properties, and commonhold properties.

  1. Choosing the right property:

Dubai offers a wide range of properties to choose from, including apartments, villas, townhouses, and penthouses. It is essential to choose the right type of property that meets your needs and budget. It is also crucial to consider factors such as location, amenities, and accessibility before making a purchase.

  1. Financing options:

There are several financing options available for buyers in Dubai, including mortgages and home loans. However, it is essential to do thorough research and compare different financing options before making a decision. Buyers should also consider the interest rates, down payment requirements, and repayment terms before finalizing a financing option.

  1. Property registration:

Once you have chosen the property and secured financing, the next step is to register the property with the Dubai Land Department (DLD). Buyers are required to pay a registration fee of 4% of the property value to the DLD. It is also essential to hire a reputable real estate agent or lawyer to assist with the property registration process.

  1. Additional costs:

Apart from the purchase price and registration fee, buyers should also be aware of other additional costs associated with buying a house in Dubai. These costs include property inspection fees, valuation fees, maintenance fees, and service charges. Buyers should factor in these costs when budgeting for a property purchase.

  1. Residency visas:

Buying a property in Dubai also offers the opportunity to obtain residency visas for the buyer and their family. Investors who purchase properties worth AED 1 million or more are eligible to apply for a residency visa. This visa is valid for three years and can be renewed upon expiry.

  1. Taxes:

One of the most significant advantages of buying a property in Dubai is the absence of property taxes. Unlike other countries, Dubai does not levy property taxes on buyers, making it an attractive location for real estate investments.

  1. Property management:

If you are planning to rent out your property in Dubai, it is essential to hire a reputable property management company. Property management companies can assist with finding tenants, managing rental agreements, and maintaining the property.

Conclusion:

Buying a house in Dubai is a wise investment decision for both locals and expatriates. Dubai’s real estate market offers a wide range of properties to choose from, excellent financing options, and a tax-free environment. However, buyers should be aware of the legal framework, property registration process, additional costs, and other factors before making a purchase. With the right research and guidance, buying a house in Dubai can be a seamless and rewarding experience.

CategoriesDubai Real Estate Blog

Golden Visa: Everything Dubai Buyers and Investors Need to Know

By Earl,

Golden Visa: Everything Dubai Buyers and Investors Need to Know

As Dubai continues to be a popular destination for tourists and investors alike, the government has introduced various initiatives to attract foreign investment. One such initiative is the Golden Visa program. In this blog, we’ll cover everything Dubai buyers and investors need to know about the Golden Visa program, including its benefits, eligibility criteria, and application process.

What is the Golden Visa program?

The Golden Visa program is a residency program that grants eligible individuals and their families the right to reside in Dubai for a period of up to 10 years. It was launched in 2019 and aims to attract wealthy investors, entrepreneurs, and talented individuals who can contribute to the growth and development of the UAE’s economy.

Benefits of the Golden Visa program

The Golden Visa program offers a range of benefits to eligible individuals, including:

  1. Long-term residency: The program allows eligible individuals and their families to stay in Dubai for up to 10 years, without the need to renew their visas every few years.

  2. Business opportunities: The Golden Visa program is designed to attract investors and entrepreneurs who can contribute to the growth and development of the UAE’s economy. As such, it offers a range of business opportunities to eligible individuals, including access to local markets, government services, and business support networks.

  3. Education opportunities: The program also provides access to some of the best educational institutions in Dubai, including schools, colleges, and universities.

  4. Health benefits: Eligible individuals and their families can also benefit from Dubai’s world-class healthcare system.

  5. Family reunification: The program allows eligible individuals to sponsor their immediate family members, including their spouse and children, for long-term residency in Dubai.

Eligibility criteria for the Golden Visa program

To be eligible for the Golden Visa program, individuals must meet one or more of the following criteria:

  1. Investors: Individuals who invest at least AED 10 million in Dubai’s economy, either through a deposit, real estate investment, or by establishing a company in the UAE, are eligible for the Golden Visa program.

  2. Entrepreneurs: Individuals who have started a company with a minimum capital of AED 500,000, or who have the approval of an accredited business incubator in the UAE, are eligible for the Golden Visa program.

  3. Talented individuals: Individuals who have achieved distinction in their field, such as doctors, researchers, scientists, or artists, are eligible for the Golden Visa program.

  4. Professionals: Individuals who hold specialized degrees in certain fields, such as engineering, medicine, or computer science, are also eligible for the Golden Visa program.

Application process for the Golden Visa program

The application process for the Golden Visa program is relatively straightforward. Eligible individuals can apply for the visa through the General Directorate of Residency and Foreigners Affairs (GDRFA) in Dubai.

To apply for the Golden Visa program, individuals must provide the following documents:

  1. A copy of their passport.

  2. Proof of their eligibility, such as evidence of their investment, business, or professional achievements.

  3. A valid UAE health insurance policy.

  4. A passport-sized photograph.

  5. A completed application form.

Once the application is submitted, it will be reviewed by the GDRFA. If approved, the applicant will receive a notification from the GDRFA, and their Golden Visa will be issued.

Conclusion

The Golden Visa program is an excellent opportunity for investors, entrepreneurs, talented individuals, and professionals to secure long-term residency in Dubai. With its world-class infrastructure, business opportunities, and quality of life, Dubai continues to be a top destination for expatriates from around the world. If you’re interested in the Golden Visa program, be sure to review the eligibility criteria and application process carefully.

CategoriesDubai Real Estate Blog

Best British curriculum schools in Dubai

By Earl,

Best British curriculum schools

  1. Dubai British School:  It is a well-established British curriculum school that offers education from Foundation Stage to A-levels. The school has an excellent track record of academic success and offers a wide range of extracurricular activities.

  2. Dubai College: This is one of the oldest and most prestigious British curriculum schools in Dubai. It offers education from Year 7 to Year 13 and has a strong academic focus, with many students going on to study at top universities in the UK and around the world.

  3. Jumeirah English Speaking School: This school offers education from Foundation Stage to Year 13 and has an outstanding reputation for academic excellence. It also offers a wide range of extracurricular activities, including sports, music, and drama.

  4. Repton School Dubai: This is a co-educational British curriculum school that offers education from Foundation Stage to Year 13. It has an excellent reputation for academic success and also has a strong focus on sports and the performing arts.

  5. GEMS Wellington International School: This is a large British curriculum school that offers education from Foundation Stage to Year 13. It has a strong academic focus and offers a wide range of extracurricular activities, including sports, music, and drama.

Open chat
Powered by Joinchat
Hello
How can I help you?