24.07.2023

How property market works in Dubai

How property market works in Dubai

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Discover Dubai's booming property market with Corsa Real Estate, where our passion drives us to deliver exceptional results.

 

Currently, Dubai is witnessing an unprecedented surge in the property market, with an impressive 10,000 to 12,000 sales transactions occurring each month.

 

Notably, about 50% of these transactions are attributed to off-plan projects, offering lucrative opportunities for capital appreciation.

 

With flexible payment plans extended by developers spanning 3 to 5 years, investing in off-plan properties has become an attractive option for smart investors seeking long-term gains.

 

The remaining 50% of the market revolves around ready properties on the secondary market. Corsa specializes in Emaar Creek Harbour, an exquisite and yet undervalued community in Dubai that is set to witness rapid price escalation (now is the right time to buy!)

 

Immerse yourself in a diverse range of offerings, with flats starting at around 400,000 USD, primarily one-bedroom units featuring 700 to 850 sqft of space.

International investors spending a minimum of 205,000 USD are eligible to apply for a 2-year Investor visa, granting residency and the opportunity to open a bank account within the UAE.

 

For those investing a minimum of 545,000 USD, the Golden Visa is attainable, providing a 10-year visa without the obligation of regular visits to the UAE to maintain residency.

 

Investors from around the world, including the UK, USA, Canada, Italy, France, Germany, China, Japan, Russia, and many more, are flocking to Dubai.

 

They are drawn by the enticing prospects of zero taxation on property capital gains and rental incomes, as well as annual returns ranging from 5.5% to 8.5%.

 

The allure of Dubai extends beyond financial benefits, as residents enjoy an exceptional lifestyle with unparalleled safety, perpetual sunshine, world-class education, and exposure to a rich tapestry of cultures.

 

At Corsa, we take immense pride in guiding investors and end-users to discover their perfect homes in this visionary country.

 

Embrace Dubai's future-centric plan, and let us assist you on your journey to success!

 

Reach out to us now, and we'll be delighted to lend a helping hand!

 

#Dubai #Investment #RealEstate

  • Real Estate
  • Dubai
  • Properties
  • Invest in property
  • dubai real estate

I am the Owner of Corsa Real Estate, a licensed real estate Brokerage in Dubai. We specialise in offering the best and selected Off-Plan developments and projects by the most reputable and safe…

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