Dubai is the largest city in the UAE, located on the coast of the Persian Gulf, is a major transport hub, financial and trade center. The climate is arid and extremely hot, the average temperature in August (the warmest month) is +35.1 °C, in January (the coldest month) +19 °C.
Advantages of living and investing in Dubai:
- ideal location;
- favorable climate, picturesque landscapes;
- powerful tourism business;
- high standard of living, comfort and safety;
- well-developed infrastructure;
- stable housing market;
- high quality of real estate;
- secondary housing is in steady demand;
- loyal tax policy when buying and selling secondary housing;
- high return on investment;
- affordable pricing policy;
- free ownership of real estate and the possibility of obtaining a residence permit.
How to buy an apartment in Dubai profitably: offers on the market
The secondary real estate market in Dubai is very attractive and guarantees investors a high return on investment. Dubai is the fourth most visited city in the world, so the demand for rental housing is constantly growing. Thus, over the past year, the number of real estate transactions has grown by 5.7%. The yield is on average 5-8% per annum (depending on the type of housing). Investments in secondary real estate in the city are thriving, as the demand for buying apartments remains all year round.
Apartments for sale in Dubai offer a wide range of different properties that can meet the needs of every client. Among them: commercial floors, shops and retail outlets, apartments, penthouses, townhouses, apartments, offices, villas, etc. Apartments and villas from owners with a sea view are the most exclusive and sought-after real estate on the market. Owning an apartment with a sea view guarantees maximum occupancy and high rental income (especially short-term). Apartments in Dubai are sold with final repairs, built-in furniture, appliances, a full set of plumbing.
Website for buying and selling apartments in Dubai
The GEOLN.COM website will help an investor find and buy apartments in Dubai inexpensively with a convenient search interface, thanks to which you can quickly and easily select apartments without intermediaries according to the necessary parameters, and use expert advice. The catalog presents verified city properties that homeowners post on the site themselves.
Cost of apartments in Dubai
How much an apartment costs in Dubai depends on the location of the property (district, proximity to the sea), its area, year of construction, condition (renovation). The price of an apartment in Dubai also significantly depends on the type of housing. On the secondary real estate market, the approximate cost of objects looks like this:
- apartment in Dubai - the price starts from 3,500-7,500 US dollars per square meter;
- villa/townhouse – prices start from 2,500-3,000 US dollars per square meter.
How to buy an apartment in Dubai: investment nuances
Buying and selling an apartment in Dubai is a procedure strictly regulated by law, the transaction process is transparent. The country's legislation does not impose any special restrictions on foreign investors. Investments in the Dubai secondary market give the right to a resident visa (the terms depend on the value of the property).
Before making a purchase (especially remotely), we recommend not only viewing photos of the selected property, but also reading reviews from other buyers. We suggest seeking qualified help from specialists to minimize risks and losses. GEOLN experts carry out a high-quality selection of apartments from owners according to individual parameters. Buying and selling apartments in Dubai is accompanied by professionals who ensure the preparation of the necessary documents, comprehensive execution of transactions.
Buying an apartment in Dubai is a profitable investment that guarantees high returns, the opportunity to live and do business in one of the richest cities with a high quality of life.