April 15 2022

Advantages of buying real estate in UAE

Advantages of buying real estate in UAE -The advantages of buying real estate in the UAE are varied, and include a wide range of reasons that encourage citizens and residents, to buy real estate in any of the Emirates.

On the other hand, the laws changed by the Dubai government allowed foreigners to invest in the city, along with the purchase of real estate and the resulting significant investment returns.

Therefore, in this article, we will talk about the advantages of buying real estate in the UAE, and the services that we provide in Legal Group in this field

Reasons to buy real estate in UAE

The real estate market in Dubai has greatly attracted the attention of foreign investors who prefer high-return investments and high-income properties.

As for the great diversity that meets the needs of a wide range of people, it is the most important factor that encourages investment and residence in Dubai. Here is a closer look at the main advantages of buying real estate in UAE :

1- Continuous increase in population

Dubai city is visited by a large number of people looking for job opportunities in the city, at high rates compared to other cities in the Emirates annually.

As a result, each person will look for a home to stay in the country. Therefore, the process of buying real estate is a profitable business, if you are looking for a fixed amount of money that comes to you every month, you can invest in residential real estate, and secure comfortable and distinctive apartments for residents.

2- Sophisticated business and unparalleled innovation

One of the most important advantages of buying real estate in the Emirates is the great development witnessed by the Emirates in general, and the city of Dubai in particular.

Thus, the real estate field, like other fields in the country, is witnessing further development and modernization. In light of the distinctive buildings and facilities that exist in the Emirates, which increases the demand for people to complete purchases and invest in the real estate market.

3- High security and stability in UAE

The cities of the United Arab Emirates enjoy high security, in light of the country’s political and economic stability. In addition to clear and strict laws in all matters relating to infractions, crimes and other transgressions.

According to a survey conducted in the United Arab Emirates, more than 98% of the population feel safe living and working in the country.

4- UAE Property Visa

One of the most important laws that attract investors to buy real estate in the UAE is the possibility of applying for residency based on the purchase of a property in Dubai.

As for the conditions of this type of residency, it starts with the fact that the value of your property should not be less than one million dirhams, there must be no mortgage on your property, and it must be completely habitable.

5- Variety of options to suit everyone

The options for investing and buying real estate in the UAE are diverse, as we mainly distinguish two types of real estate: residential real estate and commercial real estate.

Thus, a range of options are available to suit your needs or your business in the UAE.

6- Freehold Properties In UAE

The process of buying property in Dubai for foreigners has never been easier. It is common for foreigners interested in investing in the United Arab Emirates to search for freehold properties

And freehold also allows relatively undeveloped plots of land instead of houses or apartments.

7- Usufruct properties

The common type of ownership arrangement within the UAE is called usufruct. This is primarily considered as a lease for a long-term investment.

8- Intelligent life

The cities of the United Arab Emirates enjoy an integrated lifestyle, which suits the goals of living in a correct and distinct way. In addition to the availability of a lot of activities and infrastructure suitable for different businesses.

How can we help you in Legal Group to buy real estate in UAE?