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Who Can Buy? |
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Any investor, overseas or resident, can purchase in Dubai’s luxury property developments.
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What is Freehold? |
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The Government of Dubai has opened the door for purchasing “Freehold” properties in this modern metropolis, making properties in the UAE one of the most secure and worthwhile business investments in the international market.
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Why Invest in Dubai? |
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Dubai is the commercial hub of the Middle East, the Financial Gateway of the Gulf, the “hottest” tourist attraction and the most enjoyable family holiday destination in the world. Dubai is a city that combines the traditionalism of the East with the comforts of the West.
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Mortgages |
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Mortgages are available on a 10 to 25-year basis through major banks.
Contact us for further details.
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Payment Terms |
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In general, a deposit representing 10% of the buying price is required at the contract-signing stage for all new development properties. This is followed by what are known as stage payments that are made at regular intervals through to completion. Contact us for project-specific details.
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Bank Accounts |
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Buyers do not need a local bank account to arrange purchases, though these can easily be arranged through our banking partners.
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Government Tax |
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There are no government taxes of any kind when purchasing a property in Dubai. Nor is there a Capital Gains Tax.
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Development Service Charges |
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Minimal service charges are payable to developers for maintenance, landscaping and refuse collection. This charge varies per development.
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Residency |
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In general, the Dubai Government issues residence visas to new property-owners and their immediate family. These will need to be renewed every three years as per the latest immigration regulations.
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Re-sale |
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You can sell your property or assign your agreement to anybody. This means that they will take over the payments to be made to the developer.
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Appreciation |
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Property prices in Dubai have experienced considerable growth, and are forecast to remain this way for some time. This can be clearly seen if comparing current prices with those of 6 months ago. Like all investments, however, property prices can go down as well as up. Talk to your Oryx Real Estate Property Sales Consultant for project specific information.
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Popular Areas |
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The projects in vogue today are The Marina Apartments, Emirates Hills and Arabian Ranches. The Palm is already the ultimate luxury address. Click below for an insight into these amazing opportunities.
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| [1.92 MB PDF] |
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| What is Freehold? |
| The Government of Dubai has opened the door for purchasing “Freehold” properties in this modern metropolis, making properties in the UAE one of the most secure and worthwhile business investments in the international market. |
| |
| Why Invest in Dubai? |
| Dubai is the commercial hub of the Middle East, the Financial Gateway of the Gulf, the “hottest” tourist attraction and the most enjoyable family holiday destination in the world. Dubai is a city that combines the traditionalism of the East with the comforts of the West. |
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| Freehold Advantages |
| » | Guaranteed rental yields of 7% offered by developers |
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| » | Mortgages and finance packages offered |
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| » | Excellent Potential of emerging property market |
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| » | Very high specification properties |
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| » | Growing GDP 7-8% per year (Population) |
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| » | Cheap in comparison to global property prices |
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| » | No legal fees |
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| » | No Stamp duty |
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| » | No Survey costs |
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| Concept & Design by Massive Interactive |
