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UAE residence permit by purchasing real estate for at least 205,000 $
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Investment property
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Tax residence in Dubai: Personal income tax 0%
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Transfer of capital to UAE banks
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2 or 10-year residence permit for entire family
- 90-metre long swimming pool
- The longest swimming pool among Dubai residential complexes
- Shopping mall on the ground floor
- Everything you need can be purchased without leaving the building
- Special conditions
- Tranio is the project's co-investor. Our clients have access to units that are not on the open market
Dubai real estate developers directory
We have selected the most reputable and experienced developers in Dubai with promising projects
Fill out the quiz and get your first selection of properties
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Tranio Global Real Estate
Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE
Tranio Global Real Estate
Lagoon Plaza, 21/6 Lagoon Rd, Cherngtalay Thalang Choeng Thale, Thalang District, Phuket 83110, Thailand
Tranio Global Real Estate
67 Jl Bypass Ngurah Rai Br Kerthayasa, Bali, Kuta Badung, 80361
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In general, the cost of renting an apartment in the UAE can range from approximately AED 30,000 to AED 300,000 per year, with the average price for a one-bedroom apartment in Dubai being around AED 60,000 to AED 90,000 per year.
However, these prices can fluctuate depending on the location and quality of the apartment. For example, apartments in more upscale neighborhoods or those with additional amenities, such as a gym or pool, may be more expensive than those in less desirable areas. Additionally, the cost of purchasing an apartment in the UAE can also vary widely depending on the location and size of the property.
If you plan to live in the UAE for an extended period or want to have a property investment, purchasing an apartment could be a viable option. The UAE has a robust economy, stable political environment, and a thriving real estate market. The country is also home to a large expat population, and owning property can offer a sense of stability and security.
However, it's essential to conduct thorough research and due diligence before making any real estate investment. You should consider factors such as location, property type, amenities, maintenance costs, and potential rental income or resale value. It's also advisable to seek professional advice from a reputable real estate agent, lawyer, or financial advisor.
Ultimately, whether buying an apartment in the UAE is worth it or not depends on your individual circumstances and long-term goals.
- Determine your budget. Before you start looking at apartments, figure out how much you can afford to spend. Consider your income, expenses, and any other financial obligations you may have.
- Choose a location. The UAE is made up of several emirates, each with its own distinct personality and lifestyle. Research different areas to determine which one is the best fit for you.
- Find a reputable real estate agent. Look for an agent who has experience working with buyers and sellers in the UAE. Ask for referrals from friends and colleagues or search online for agents who specialize in the area you're interested in.
- View apartments. Once you've found an agent you trust, they can help you find apartments that meet your criteria. Schedule viewings and take note of the pros and cons of each apartment.
- Make an offer. If you find an apartment you like, make an offer to the seller. Your agent can help you negotiate the price and terms of the sale.
- Hire a lawyer. In the UAE, it's important to hire a lawyer to review the sale contract and ensure that everything is legal and binding.
- Pay the deposit. Once the contract is signed, you'll typically need to pay a deposit of around 10% of the purchase price.
- Secure financing. If you need a mortgage to purchase the apartment, your agent can help you find a lender who can provide financing.
- Finalize the sale. Once all the paperwork is in order and financing is secured, you'll complete the sale by paying the balance of the purchase price.
Keep in mind that the process of buying an apartment in the UAE can vary depending on the emirate and the specific property you're interested in. Be sure to do your research and work with professionals who can guide you through the process.
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Euronews Source
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ekathimerini.com
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Issuu
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Mansion Global
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The Portugal News
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The Spaces
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BasNews
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The European Times
The United Arab Emirates (UAE) is a popular destination for expats and investors, with a booming real estate market. One of the most significant factors when it comes to buying or renting property in the UAE is location. Here's a breakdown of apartment prices in different emirates of the UAE.
Dubai is one of the most popular emirates, with a high demand for apartments, especially in areas like Dubai Marina, Jumeirah Beach Residence, Downtown Dubai, and Business Bay. The prices of apartments in these areas vary based on the type of apartment, amenities, and location. For instance, a studio apartment in Dubai Marina can cost around AED 60,000 to AED 85,000 per year, while a one-bedroom apartment can cost around AED 80,000 to AED 110,000 per year. On the other hand, a two-bedroom apartment can cost anywhere between AED 120,000 to AED 180,000 per year.
Abu Dhabi is another popular emirate with a thriving real estate market. Areas like Al Reem Island, Al Raha Beach, and Saadiyat Island are highly sought after by expats and investors. The prices of apartments in these areas vary depending on the location and amenities. For example, a studio apartment in Al Reem Island can cost between AED 45,000 to AED 70,000 per year, while a one-bedroom apartment can cost between AED 65,000 to AED 100,000 per year. A two-bedroom apartment in Al Raha Beach can cost anywhere from AED 130,000 to AED 200,000 per year.
Sharjah is a neighboring emirate to Dubai, and its real estate market is also booming. The emirate offers a more affordable option for those looking for apartments. Areas like Al Nahda, Al Majaz, and Al Khan are popular among residents. The prices of apartments in Sharjah vary based on location and amenities. For instance, a studio apartment in Al Nahda can cost between AED 18,000 to AED 35,000 per year, while a one-bedroom apartment can cost between AED 25,000 to AED 45,000 per year. A two-bedroom apartment in Al Majaz can cost between AED 35,000 to AED 70,000 per year.
In conclusion, the UAE offers a diverse range of options for those looking to buy or rent an apartment. Whether you're looking for luxury or affordability, there's something for everyone in the emirates of Dubai, Abu Dhabi, and Sharjah. It's essential to do your research and consider your budget before making a decision.