Buying property in Dubai and UAE

Buying property in Dubai and UAE

In the past years, the United Arab Emirates has become the economic hub of the region and has grown very high. Real estate in this country is one of the fields that has attracted foreign investors. This country is famous for having the best and most modern buildings in the world. Construction companies operating in the UAE take international standards into consideration. Today, there are various holdings and companies in Dubai that are active in the field of real estate. Such companies help buyers to choose the best options by launching and introducing various construction projects. Of course, in the first place, you have to make sure that their activities are legal so that you don’t get caught in the trap of profiteers. Because the number of frauds in the field of buying property in Dubai is not low and many buyers become victims and prey of profiteers.

A property buying lawyer in Dubai can provide you with the right solutions and the necessary guidance to create an excellent and exceptional experience for you to make the best and most reliable choice. Mrs. Moloudzadeh’s specialized legal department, with dozens of successful cases in the field of company registration in the UAE, is ready to help you to have an easy, cost-effective and fast immigration to this country. It is better to contact us now so that we can offer you a wide range of legal, immigration, commercial and educational services.

Steps to buy property in UAE and Dubai

In order to buy a property in the UAE, applicants for immigration and investment in the UAE in this way must first

• Choose the property you want.
• Apply for a UAE tourist visa.
• After entering the UAE, the selected property document will be transferred to the person applying to purchase the property.
• By referring to the UAE Immigration Department and presenting identity documents, the purchased property document, a certificate of non-improper background and his/her passport, a person can proceed to obtain a residence permit resulting from the purchase of a property.

The time required to issue a residence permit is two weeks. Applicants to buy installments in Dubai should pay attention to the fact that pre-sale properties with mortgages are not eligible for a Dubai residency visa, and the purchased house is eligible for Dubai residency if it is completely built and habitable and does not have any mortgage. The minimum cost of buying a property in Dubai and UAE is one million dirhams.

Advantages of buying property in Dubai

Buying a property in Dubai will bring many benefits to foreigners. Some of these benefits are:

• The growing economy of the UAE
• The high speed of development of the country
• The possibility of renting the purchased property
• High annual income by renting the property, due to the high value of the UAE dirham
• Very high security of the whole country
• The level of high-quality treatment and the existence of modern medical centers
• High standard of education in this country
• The existence of very diverse schools for all nationalities
• Very efficient and modern transportation system
• Get a valuable UAE visa
• The possibility of receiving accommodation for family members

Disadvantages of buying property in the UAE

• The private nature of all insurances and as a result the high cost of insurance
• The high price of real estate in this country compared to other countries in the region
• Non-issuance of permanent citizenship of this country by purchasing property

To get more information about the three-year stay in the UAE, you can consult the specialized legal department of Mrs. Moloudzadeh. Mrs. Moloudzadeh’s specialized legal department is an experienced specialized team that is in sync with the daily changes of legal situations to provide a wide range of legal, immigration, commercial, educational, etc. services based on past successes and the technical knowledge of the elite team.

Conditions of property purchased in the UAE

To buy a property in the UAE and also to get a residence in this country, it is necessary to meet the conditions and requirements. In the following, with the help of an immigration lawyer to the UAE, we point out these requirements and necessities:

1. The purchased property must be in the legal areas specified by the UAE government.
2. This property should be suitable for you and your family.
3. A certain monthly income of at least 10,000 dirhams is one of the conditions to be granted residence in the UAE as a result of buying a property.
4. The minimum property value in the UAE must be one million dirhams.
5. Having health insurance
6. A residence visa is not granted to a rental property.
7. If the property is to be in the name of two people, the value of the property must be at least 2 million dirhams.
8. Commercial and office properties are not accepted and only residential properties are granted UAE residency.

If you intend to invest and buy property in Dubai, you can get help from the specialized legal department of Mrs. Moloudzadeh. Mrs. Moloudzadeh’s specialized legal department is an experienced specialized team that is in sync with the daily changes of legal situations to provide a wide range of legal, immigration, commercial, educational, etc. services based on past successes and the technical knowledge of the elite team. For more information, you can contact us via email at SARA.MOLOUDZADEH73 [A] GMAIL.COM or number 00971502479142.