Question 1

Why should I invest in Dubai real estate?

Accepted Answer

Dubai offers tax-free returns, a growing economy, world-class infrastructure, and a high demand for luxury properties, making it a lucrative market for investors.

Question 2

What is off-plan property, and how does it work?

Accepted Answer

Off-plan property is purchased directly from the developer before construction is complete. Investors can benefit from lower prices and flexible payment plans.

Question 3

Can foreigners buy property in Dubai?

Accepted Answer

Yes, foreigners can purchase freehold properties in designated areas in Dubai without any restrictions.

Question 4

How can I verify the authenticity of a property or developer?

Accepted Answer

All real estate transactions in Dubai are regulated by the Dubai Land Department (DLD). We ensure that all properties and developers are RERA-approved. Meanwhile you can also check the details of the project on the official website of Dubai Land Department.

Question 5

What is an escrow account in Dubai off-plan properties?

Accepted Answer

An escrow account secures buyers' payments for off-plan properties. Funds are held and released based on construction progress, ensuring transparency and protecting investors under Dubai Land Department regulations.

Question 6

What types of payment plans do developers offer in Dubai?

Accepted Answer

Developers in Dubai offer a variety of flexible payment plans, including post-handover plans, milestone-based payments, and interest-free installment options tailored to suit the buyer's needs.

Question 7

What return on investment (ROI) and return on equity (ROE) can I expect in Dubai real estate?

Accepted Answer

Dubai offers an annual ROI of 8% to 12%, with short-term rental returns up to 25%. Worldwide ROI averages 5% to 7%. ROE is further enhanced by capital appreciation, with property values increasing by 25% to 35% upon project completion, depending on location and quality, offering substantial equity growth potential.

Question 8

What are the costs involved in purchasing property in Dubai?

Accepted Answer

While there is no agency fee for many transactions, buyers should account for other costs such as Dubai Land Department (DLD) fees and Property registration fee (Admin fee).

Question 9

Why choose Seven Continents Real Estate?

Accepted Answer

With decades of expertise in Dubai’s dynamic real estate market, Seven Continents Real Estate offers unparalleled local knowledge and a comprehensive portfolio covering all major areas of the city.

Question 10

How can I get in touch with Seven Continents property experts?

Accepted Answer

You can contact us via our website, email, or WhatsApp. Our property consultants are available to assist you with all your real estate needs.