Selling property in Dubai is straightforward with the assistance of a skilled real estate agent. After selecting your agent, you’ll need to sign a ‘FORM A’ to officially mandate the agent to handle your property’s marketing and sale.
Dubai offers high rental yields, often ranging from 5% to 9%. With lower property prices compared to major cities like London or Paris, investing in Dubai can be a lucrative opportunity.
Begin by assessing your financial objectives. Properties in Dubai can serve as personal residences, rentals, or resale investments, making them attractive for various investment strategies.
Foreigners can purchase property in Dubai’s designated freehold areas. Off-plan properties often come with flexible payment plans, making them an appealing choice for investors.
Like in any market, property values in Dubai can fluctuate. In 2019, for instance, residential property values saw a depreciation of 1.5% to 3.5%.
Many consider purchasing property in Dubai as a more profitable long-term investment than renting, especially since rental yields tend to exceed those in global cities like London.
Buying off-plan in Dubai is open to all buyers, including foreign nationals. All you need is a passport, and it's advised to consult with a real estate agent to explore available options and projects.