The things to keep in mind while purchasing a property in Dubai.

You may be thinking about moving from a renter to a homeowner. Naturally, you should expect to make a significant financial and emotional investment with this decision. So that you can get started right away, we’ve laid down some of the most crucial things to keep in mind.

What to keep in mind


Is this your first or last visit to Dubai, and how long do you expect to remain here? When calculating your return on investment, these questions are critical. It’s better to rent if you’re not sure about your long-term intentions or commitment to the area. If you are looking to buy luxury apartment in Dubai, please visit our website.


It is widely accepted that your monthly housing costs should not exceed 30% of your monthly pay. It’s also a good idea to set aside money for up-front costs, which may range from 8% to 10% of the buying price. Additionally, you’ll be responsible for paying yearly service fees and ongoing upkeep as a business owner.

The following is what it costs to keep everything in working order:

The Dubai Land Department collects annual property maintenance payments from you based on the RERA Service Charge and Maintenance Index. The index used to calculate the price per square foot differs from community to community. Fees may be found on the DLD’s website, which has the most up-to-date information. If you are looking to buy luxury apartments in Dubai, please visit our website.


When deciding whether or not to purchase a house, your down payment is the most significant consideration. The UAE Central Bank requires a 25% deposit from expatriates and a 20% deposit from nationals for homes worth under AED 5 million, in accordance with its regulations. Your down payment cannot be funded by a personal loan from a local bank; instead, it must be paid from your own funds. However, a personal loan may be used to pay for the above-mentioned upfront transaction charges, agency fees, and bank fees.

Rented income:

Think long term if you want to turn your house into an investment property in the future. If the estimated rental income does not meet your monthly mortgage payment and maintenance costs, you may want to reconsider.

Permit for permanent residence in the U.S.:

If you own a house worth more than AED 1 million, you may be eligible for a resident visa if you satisfy certain requirements. Visas for a 6-month multi-entry or a 2-year residence are also available. Owners of property may also apply for a visa on behalf of their immediate relatives.

A 5-year residence visa is possible if you own a property worth more than AED 5 million without a mortgage and if you keep it for at least three years.

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