Moreover, Dubai is the top place for property buyers and investors since it provides plush villas, apartments, off plan properties Dubai, and freehold developments. The reasons for Dubai being a dream destination are endless, however, here we try to provide you with some of the most exciting things about the city that will make you want to move here instantly.

Since its opening to foreigners in 2002, Dubai’s property market has attracted a large number of expat and international buyers. Foreigners can buy property in leasehold zones, which are often around the city centre, or freehold areas, which are scattered throughout the emirate as off plan properties Dubai.

Dubai is a prime real estate market for investors, with a wide range of properties for sale, including houses, off plan and freehold developments, villas, apartments and luxury properties. There is a wide range of properties up for sale in the happening city.

What makes Dubai the best investment is that Foreigners are permitted to purchase residential properties in designated leasehold or freehold areas. The tax free status of the Emirate plays a significant role in attracting foreign money in the real estate sector.

Moreover, Dubai off-plan properties include an abundance of flats, villas, and townhouses currently on the market; the number of units available to foreigners has expanded dramatically over time

An average property transaction in Dubai takes less than 30 days. While the purchasing process is relatively simple, still if you need a proper step by step guide to get hold of your property in Dubai, here you go.

Visa Benefits of Investing in Dubai Real Estate for Foreigners

There are several perks of owning a property in this bustling Emirate. Be it Dubai off-plan property, apartment, villa, condo, or a shop, all offer various benefits depending upon their price and valuation. The most exciting one is getting a residential visa, Yes the following residential visas are up for grabs on these investments.

• A 3-year renewable visa upon AED 1 million or above investment in property.
• A 5-year renewable visa upon the investment of AED 5 million or above
• A 5-year renewable visa for ‘retirees’ over 55 years upon AED 2 million or above investment in real-estate.

However, when you buy property in Dubai, you’ll need to pay a one-time tax for the land registry. This comes in at 4% of the sale price. Half of the fee is paid by the buyer, and the other half by the seller.

Conclusion

Ever since Dubai opened its freehold property market for expats just over 15 years ago, the city has become home to an incredible and unbelievable number of real estate projects. Most people prefer keeping their hard-earned money in banks and not capitalizing on it as investment opportunities that are available in off plan properties Dubai. It takes basic knowledge of economics to understand that saving your income in a bank for too long is risky and will always result in losing money rather than gaining because of the devaluation of currency. While investing in Dubai Real Estate is safer because it results in protecting your purchasing power and potentially earning a high return over time. Make a wise decision while you can, with the Expo 2020 in full swing, the investment options in Dubai Real Estate are scarce and as far as profits are concerned, sky’s the limit!

The post Why Invest in Dubai Real Estate? appeared first on Dubai Real Estate Blog.

Crystal clear lakes, lush green golf courses, awe-inspiring sea views, and serene environments are not very rare to find in the Emirate. Here we have compiled the most beautiful communities in Dubai 2021.

Palm Jumeirah

A man-made marvel, or a wonder of 21st century architecture and engineering, Palm Jumeirah is one of the most easily recognizable communities in the World. Due to its sprawling palm tree shaped artificial archipelago built on the sea. The community is home to some of the finest off-plan properties Dubai, luxury villas, apartments, hotels, restaurants and of course, Atlantis the Palm. The community is an address to boast about, with Serene beaches and tranquil lifestyle. If luxury Waterfront apartments and obnoxious Mansions with private beaches are not enough, a 5.4 kilometers monorail connects the artificial Islands to Dubai.

Arabian Ranches

If you are a fan of Serene environment, lush green vicinity, and tranquil living, Arabian Ranches is your place to look for. Emaar Properties offers luxurious family villas set amidst the kilometers long golf courses, crystal lakes, away from the city’s hustle and bustle. The residents enjoy loads of facilities including schools, supermarkets, golf courses, swimming pools, community centers, restaurants, mosques, sports arenas, and more. There are several Dubai off plan properties also offered in the Arabian Ranches.

Jumeirah Village Circle

 The main highlight of Jumeirah Village circle is that it is close to Dubai Marina and Jebel Ali. And it is more affordable than Palm Jumeirah and Downtown if you’re looking for an off-plan property in Dubai. The community is a tranquil and peaceful setting in the center of the city, easily accessible from all the significant places.

 Jumeirah Beach Residences

When it comes to trendy lifestyle, heaps of dining and clubbing options, very few communities beat Jumeirah Beach Residences. JBR is a place to find your next romance, relax in a cosy bar, enjoy fine dining, and live the life of a King-size. Set the mood with easy escape to the beach by finding the most suitable off-plan property Dubai in Jumeirah Beach Residences.

Damac Lagoons

If you want to go to a tropical resort, Damac Lagoons is the community you’re searching for. A resort-style living where you’ll step out from the comfort of your home and find yourself surrounded by a serene tropical environment. It offers a peaceful and tranquil setting with all the plush amenities one can wish for in Off-plan property Dubai. An open air cinema out in open waters will transport you right into the action, while easy access to every major landmark makes this community worth considering.

Damac Hills

Home to Trump International Golf Course, Damac Hills is one of the most popular gated communities in Dubai. The world class neighborhood offers exceptional living and amenities to its residents. Vibrant architecture, lush green spaces, and serene environment add up to the peaceful vibe. The upscale development is divided into Golf Club, Akoya Drive, and Akoya Park.

You can check these as well as other Dubai off plan property along with freehold offerings and more on New Development.

The post What are the Most Beautiful Communities in Dubai 2021 appeared first on Dubai Real Estate Blog.