As the UAE doubles down its efforts to make itself a
magnet for foreign investment in world expo, more and more foreigners are
looking to buy residential, commercial and investment properties in Dubai.
UAE’s real estate market offers a wide range of option to the potentials buyers
varying from villas for sale Dubai, townhouses for
sale Dubai, rent apartments and much more
In order to attract foreign investment, the government
is also planning roll out a range of policy reforms, so that foreign residents
and investors can buy homes, open businesses and even put down permanent roots
in the countries. Its forthcoming policies towards encouraging foreign investment
including10-year visas for investors, and science, medical, and technical
professionals. It will also allows 100% foreign ownership in Dubai-based businesses,
which is a major shift from a system. There will also be a range of resident-
and investor-friendly reforms in near future.
Any person of any nationality can buy property in
Dubai’s freehold property market, but only in designated areas as authorized by
His Highness the Ruler of the Emirate of Dubai. One don’t need to hold any kind
of residency or similar property to buy property in Dubai. In order to get
residency visa, one must own residential property in Dubai. Such property can
be purchased only in areas where foreigners are authorized to buy freehold
properties.
For those looking for villas
for sale Dubai, Dubai’s real estate market offers amenity-packed luxury
neighborhood designed to dazzle foreigners and Dubai residents alike. There is
a wide range of ready made villas adorned with luxurious features, many with
landscaped gardens, can be found in upscale neighborhood.
If you don’t want to buy property but looking for rent apartments in
Dubai, there are plenty of options for rental accommodation as well.
When you are looking for rent apartments in Dubai in popular expat areas like Dubai Marina,
Jumeirah Beach Residence (JBR) and old town Dubai, rent for any to bedroom
apartment can cost anywhere from AED 100,000 to AED 140,000 annually. If you
are looking for a modest two bedroom apartment in Dubai, you can find it in some
areas such as Al Qusais and Mirdif, where the rental charge will cost around
AED 75,000. One must look for reputed and renowned real estate companies to
find the best rental properties in Dubai.
Getting more about villas for sale Dubai, townhouses for sale
Dubai and rent
apartments in Dubai, visit at www.sherwoodsproperty.com.
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