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Real estate for sale in UAE

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Property in UAE

The attraction of the United Arab Emirates (UAE)

Buying a property in the UAE   It is attractive because it is profitable. This is also indicated an increase in demand for home purchase in the United Arab Emirates, and the growth of construction projects. Helped by many factors, including very soft taxation by the state to receive income. Investments in the purchase of property in the UAE is advantageous in that, together with demand grows and its price.

The government is interested in attracting investments, so offers good conditions for the acquisition of property. When you buy a foreigner is given a residence permit, which is renewed every three years. Also, the right to any real estate transactions. In addition, the housing can be rented for 99 years. These and any other real estate transaction in the UAE made only agencies that have special permission.

Buy real estate in the UAE   you can with the help of a mortgage. Different banks offer different conditions, but there are two kinds of mortgages: conventional and Islamic. Under the terms of the latter, you can get up to 70% of the purchase price. The other conditions are pretty standard: 6.5 to 9.5% per annum, up to 25 years, 0.5-1.25% of the loan committee of the bank. Another advantage - the lack of interest for early repayment of mortgages.

The housing market in the UAE

Resellers in the UAE almost sold, most often buildings or land. The level of service and the prices are very similar to the European. Therefore it is possible to buy an apartment in an apartment building or a lovely apartment in the mansion. Often in the yard is a swimming pool, playground or tennisnyykort.

The most popular destinations are Dubai and the capital, Abu Dhabi. In the north of the capital concentrated the whole business activity of the Emirates, so commercial sites should choose there, but in Abu Dhabi, you can choose a beautiful villa by the sea.

If you want to make money on rental properties in the United Arab Emirates, Dubai is best to choose. In terms of population it is even ahead of the capital. This is a big bustling city with many different offers, including real estate. But Ajman, despite its size, offers tranquility and quiet of the cleanest and most beautiful beaches. In addition, real estate here is cheaper.