The investors can obtain a 2-year UAE residency visa only if he/she purchases real estate in the areas that are considered as freehold. A minimum investment of AED 750,000 needs to be done if you want to receive the visa for 2 years.
No matter if you are a foreign buyer or an UAE national, the minimum age to purchase and own a property in Dubai is 21 years or older.
It takes 30 days from the date of a successful application to get the title deed. The Dubai Land Department ships the Title Deed directly to you via Aramex. Expedite fee is payable to the DLD and must be submitted in-person at the Customer Happiness Center.
In the most sought-after neighbourhoods, such as Downtown Dubai, Palm Jumeirah, & Dubai Marina, the Return on Investment generally falls between 5% to 7% for residential properties. On the other hand, in the affordable communities of Jumeirah village circle, Damac Hills, the return on investment falls between 7% to 8%.
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