Q1- Why invest in Dubai?
It is one of the biggest tourist spot which is affordable and exciting, and this has created a robust impact on the real estate Dubai- and investors can earn 5-9% rental yields, and prices per square foot are lower in Dubai compared to many cities globally, and this opens up an investment field for both home buyer and investor.
Q2- What is the minimum investment in Dubai?
It differs where you invest- in public sector you need to invest 10 million AED and for property, you need to invest 5 million AED.
5 million AED in INR- Rs 10,52,04,936.45
10 million AED in INR- Rs 21,04,14,909.60
Q3- How can I get a golden Visa Dubai?
If you meet the criteria then you can get the golden Visa Dubai- if you belong to the following groups- Investor, with outstanding talent, professional knowledge, entrepreneurs, skilled student.
Q4- What is the duration of Golden Visa Dubai?
It offers 5 and 10 years long term residency Visa to the above mentioned groups.
Q5- Which investment is best in Dubai?
Apart from national bonds, mutual funds and gold- Real Estate is considered as the lucrative way to secure capital as Dubai real estate market is booming in no time because it is one of the top tourist spot in the work where tourism has escalated the price of properties and now builders are leaving no stone unturned to bring next level projects in Dubai serving an amalgamation of breathtaking architecture and matchless lifestyle.
And as per the data, Dubai has shown 44% appreciation in the real estate market which is surely unbeatable for any city in the world.
Q6- How long does it take to double money in real estate?
There is a simple rule- 72 that gives you clear picture on in how many years your property will give you its double value.
E.g. Given a 10 per cent interest rate, divide this by 72- you get 7.2, so this means at 10% fixed annual rate of return, it will take 7 years to double your amount.
Q7- What are the best locations to buy in Dubai?
Palm Jumeirah, Downtown Dubai, Dubai Marina and more mentioned above are top locations in Dubai ensuring 5-7 per cent appreciation in investment. So with fixed capital investment and at the right point of time, Dubai will ensure impressive ROI and justify your capital.
Q8- Who are the top investors in Dubai?
France- 19%
US- 14%
Saudi Arabia- 6%
India- 4%
Q9- Which celebrities own homes in Dubai?
The list is endless as many celebrities own their space in the beautiful and dream city Dubai, and here is a list of Hollywood & Bollywood celebrities who own properties in Dubai.
The Beckhams- 7 bedroom villa AED 5.9 Million
Shahrukh khan- 6 bedroom mansion
Shilpa Shetty- Apartment in Burj Khalifa
Linsay Lohan- Owns a piece of the world islands
Giorgio Armani- Own hotel in Downtown (Armani Hotel)
Shoaib malik and Sania Mirza (hom in Palm Jumeirah)
Q10- Which property type provides high ROI in Dubai?
One bedroom offers a high ROI of about 8.4% for the reason that it is always in demand and small units are rented first-so its demand mounts up the value of 1 bedroom space in Dubai, and Dubai being a top tourist location, so 1 bedroom space works as an ideal choice for the travellers.
Best when you rent the property to gain rental every month.
Q11- What property taxes do expats pay?
There is no specific tax regime for expatriates in the U.A.E, but yes, 4 per cent is imposed when property changes hands and the amount is divided and both buyer & seller pay for it, and generally the buyer who foots the bill because he/she is buying Dubai property.