Dubai is considered one of the most important cities in the world and is also one of the best tourist and investment destinations. This is due to its distinguished economic situation, which has made it a – destination for those who want to work and settle in the city and want to invest in buying properties for sale in Dubai, UAE. Dubai is characterized by high-rise towers, distinctive beaches, large and famous malls and markets, upscale hotels, and a strong infrastructure. All this and more has made it a tourist destination with an entertainment face that competes with other countries.
Investor Demand for Dubai Properties
The population of Dubai is 2,270,000, and the percentage of locals is only around 10%. This means that most of Dubai’s residents are foreigners from different countries. Therefore, the real estate market in Dubai is flourishing due to the presence of many people looking to buy real estate in the Emirates, whether they are apartments under construction or ready-to-live-in apartments, which are divided into (furnished apartments for sale in Dubai or unfurnished – hotel apartments in Dubai – townhouse apartments or duplex apartments in Dubai – villas for sale in Dubai). Each investor, according to his budget, determines his priority when proceeding with the process of buying real estate.
Tips When Searching for Properties for Sale in Dubai
If you are about to invest or intend to buy property in Dubai for housing, we will provide you with the most important tips:
- First, you have to determine your budget and the payment methods that will enable you to buy an apartment in Dubai.
- You also have to determine the area you want to live in, as Dubai has many distinguished areas such as (Dubai Marina – Dubai Land – Palm Jumeirah – Business Bay – Downtown Dubai – Downtown – Mirdif)
- You must enter real estate websites such as the Casttio website and search for the type of property that suits you. Most investors and businessmen are looking for villas for sale in Dubai because they help them achieve the highest return on investment, while citizens and those looking for housing in Dubai are looking for apartments and duplexes. Dubai properties are divided into the following (one-bedroom, two-bedroom, three-bedroom, and even four-bedroom apartments – duplex apartments – hotel apartments – townhouses – villas)
- Choose a company with a good reputation and multiple projects.
- Know the available services. When choosing hotel apartments, you will find room maintenance service and most household appliances and elegant furniture, while in other apartments you will find periodic maintenance services and whether there is a garage in the building.
- Visit the area where the property is located and make sure it is close to markets, malls and shops.
In the end, the Casttio Real Estate website offers a large and diverse group of properties for sale in Dubai from the most famous and trusted real estate developers and at different prices that suit every budget and desire for investment, which will help you make the right choice.
Frequently Asked Questions about Apartments for Sale in the Emirates:
Do you recommend buying a property in Dubai?
Yes, we definitely recommend that you buy a property in Dubai if you have large savings or are looking for housing in Dubai.
What are the most famous residential areas in Dubai?
Jumeirah Village Circle – Jumeirah Lake Towers – Sheikh Zayed Road – Dubai Marina – Dubai Silicon Oasis – Al Barsha – Downtown Dubai – Business Bay – Mirdif – Jumeirah Park – Arabian Ranches – The Springs – Palm Jumeirah – Emirates Hills – Damac Hills – Dubai Hills
The average price of houses in Dubai?
House prices vary from one area to another, but the average starts from 160,000 dirhams and reaches 45 million UAE dirhams.
Is investing in real estate in Dubai profitable?
Yes, the indicators say that real estate investment in Dubai achieves a return of up to 7% annually.
What are the other expenses that are calculated when buying a property in Dubai?
Purchase price
Property registration fees
Dubai Land Department fees
Agency/commission fees
Transfer fees
Value Added Tax