How hard is it to buy a house in Dubai these days?
According to local ** reports in Dubai, the day before the sale of villas on Dubai Island, the scene was so hot that the scene even caused a physical conflict, and even police cars rushed to the scene. It is estimated that 10,000 people will participate in the rush at that time, and ** only 600 units. Subsequently, due to the loss of control of the site, the developer urgently canceled the opening sale.
news
The picture shows the real shot of the house grabbing scene.
Why is everyone grabbing?
The first reason, of course, is that Dubai property can bring a very good return on investment.
Rental yields in Dubai are as high as 7%-8%. This is more than the total yield of 3With an average of 1%, it provides investors with very attractive returns on rental properties.
In addition to the extremely high rental yield, the value of the property in Dubai itself is also considerable, and the off-plan property in Dubai itself also has ** fluctuations after it becomes an existing house. Off-plan housing has become a "sweet spot" in the eyes of investors.
Looking ahead to 2024, Dubai's premium residential market will continue to grow positively. Despite a slight slowdown compared to the previous year, growth is expected to be between 4% and 59%, but Dubai's attractiveness as a promising investment destination remains undiminished.
*：dubai land department
Recommended in this issue
Today, Xiaomi will introduce to you the newly launched project of Damac, a well-known developer in Dubai, located in the heart of the city.
Location.
Located in Business Harbour, 8 minutes drive to Burj Khalifa Mall Dubai and 22 minutes to International City
Standing next to the river, overlooking the canal, 0 shade.
Surrounding facilities.
The surrounding infrastructure is well-developed and matureSchools, hospitals, shopping malls, and other supporting facilities are readily available. Surrounded by commercial buildings, it is one of the most popular areas for white-collar workers in Dubai, with a stable tenant base, suitable for investors who want to be a landlord in Dubai.
Permanent Resident Status
In order to attract more talents, Dubai has also launched a policy of "buying a house and getting a long-term visa".Buy a property on the open market and meet the conditions to get it.
Purchase of AED 750,000 property for a 2-year investor visa, which can be renewed upon expiry;
When you buy a property for AED 2 million, you can apply for a 10-year** visa, which can be renewed at the end of the year.
As long as the property is still there, buying a property in Dubai can not only have an objective return income, but also be equivalent to getting permanent residence status in Dubai. One person can apply, and all three generations of the direct family can sign with it.
Interior design. 